Job Description
Salary £65,000-£75,000 Per Annum
Location Farringdon or Croydon
What you'll do
Optivo is a growing organisation that is customer and colleague focussed. We are preparing for our forthcoming merger with Southern Housing Group. We are planning the merger to take place in the coming weeks creating a new 77,000 homes organisation.
Are you passionate about financial planning? Are you interested in how big picture strategy and detailed numbers combine to shape a Housing Association's success? Are you methodical and proactive? Do you want to help solve the national housing crisis?
If yes, we have the perfect role for you as our Financial Planning Manager!
As our Financial Planning Manager, you will co-ordinate the scoping, construction, maintenance and monitoring of our long-term and medium-term financial plans.
To measure our financial risk capacity with reference to key financial indicators including internal golden rules, lender covenants and rating agency metrics.
To demonstrate our continuing financial viability through economic and business cycles with robust stress-testing and financial risk mitigation standby plans.
You will:
Prepare Group-wide Long-Term Financial Plan (LTFP) and related regulatory returns with guidance from senior colleagues; manage day-to-day relationships with key stakeholders and project-manage timely delivery of an accurate and auditable plan.
Review and update the plan as required from time-to-time to cover changes in business or economic conditions, including planning assumptions, stress-testing scenario analyses, financial risk triggers and mitigations.
Engage with stakeholders to understand future operating cost drivers such as housing quality, building safety and decarbonisation and Treasury to understand borrowing needs. Read up on economic trends to inform our view on inflation and interest rates.
Contribute to an engaged and high performing Financial Planning team; prioritise tasks to meet key milestones; apply judgement showcasing the highest professional standards, culture of continuous improvement and exemplary Optivo CORE values.
What you'll need
Professional qualification in accounting, treasury, banking or equivalent (such as ACA, ACCA, CIMA, CF, ACT, ACIB), or commitment to work towards one
Understanding of key long term financial planning approaches and principles
Knowledge of financial reporting, financial benchmarking, interpretation and analysis of financial statements and metrics is desirable
Experience of Lenders' key financial metrics and ratings agencies' credit assessment methodologies is beneficial
Experience of UK social housing or residential property development is desirable
Excellent Excel modelling skills and model discipline
Prior training to use financial planning software (Brixx) is highly desirable
Closing date: Tuesday 28th December 2022 at 23:59
We reserve the right to close this advertisement early if we receive a high volume of suitable applications.
Depending on the number of applicants we receive we may interview before the advert closing date.
What you'll need
The Company has experienced unprecedented growth over the past few years. We have a vast number of employees, and provide support to clients from all over the country.
What's in it for you
Pension
Life
assurance
Healthcare cash plan
Eyecare & dental
Birthday
leave
Retailers discounts
Cycle
to work
Buy & sell
annual leave
Season ticket loan
In-house academy & career development
Flexible working
Location Farringdon or Croydon
What you'll do
Optivo is a growing organisation that is customer and colleague focussed. We are preparing for our forthcoming merger with Southern Housing Group. We are planning the merger to take place in the coming weeks creating a new 77,000 homes organisation.
Are you passionate about financial planning? Are you interested in how big picture strategy and detailed numbers combine to shape a Housing Association's success? Are you methodical and proactive? Do you want to help solve the national housing crisis?
If yes, we have the perfect role for you as our Financial Planning Manager!
As our Financial Planning Manager, you will co-ordinate the scoping, construction, maintenance and monitoring of our long-term and medium-term financial plans.
To measure our financial risk capacity with reference to key financial indicators including internal golden rules, lender covenants and rating agency metrics.
To demonstrate our continuing financial viability through economic and business cycles with robust stress-testing and financial risk mitigation standby plans.
You will:
Prepare Group-wide Long-Term Financial Plan (LTFP) and related regulatory returns with guidance from senior colleagues; manage day-to-day relationships with key stakeholders and project-manage timely delivery of an accurate and auditable plan.
Review and update the plan as required from time-to-time to cover changes in business or economic conditions, including planning assumptions, stress-testing scenario analyses, financial risk triggers and mitigations.
Engage with stakeholders to understand future operating cost drivers such as housing quality, building safety and decarbonisation and Treasury to understand borrowing needs. Read up on economic trends to inform our view on inflation and interest rates.
Contribute to an engaged and high performing Financial Planning team; prioritise tasks to meet key milestones; apply judgement showcasing the highest professional standards, culture of continuous improvement and exemplary Optivo CORE values.
What you'll need
Professional qualification in accounting, treasury, banking or equivalent (such as ACA, ACCA, CIMA, CF, ACT, ACIB), or commitment to work towards one
Understanding of key long term financial planning approaches and principles
Knowledge of financial reporting, financial benchmarking, interpretation and analysis of financial statements and metrics is desirable
Experience of Lenders' key financial metrics and ratings agencies' credit assessment methodologies is beneficial
Experience of UK social housing or residential property development is desirable
Excellent Excel modelling skills and model discipline
Prior training to use financial planning software (Brixx) is highly desirable
Closing date: Tuesday 28th December 2022 at 23:59
We reserve the right to close this advertisement early if we receive a high volume of suitable applications.
Depending on the number of applicants we receive we may interview before the advert closing date.
What you'll need
The Company has experienced unprecedented growth over the past few years. We have a vast number of employees, and provide support to clients from all over the country.
What's in it for you
Pension
Life
assurance
Healthcare cash plan
Eyecare & dental
Birthday
leave
Retailers discounts
Cycle
to work
Buy & sell
annual leave
Season ticket loan
In-house academy & career development
Flexible working
About Optivo