finance manager London, England
Job description
About us
LendInvest is the UK’s leading FinTech platform for property finance. Over the past 14 years we have grown from just our two founders to a team of over 250 working to make property finance simple for everyone.
A workplace culture built around trying new things, getting things done and having fun while we do it has helped us lend more than £4 billion of mortgages, put thousands of new or improved homes into the UK housing market and successfully launch on the London Stock Exchange. We have big plans to continue growing the business, our products, our technology and our people.
We understand taking a new role in turbulent times requires the assurances of stability, and our journey so far is testimony to the stability we offer. We are a multiple award-winning FinTech company and have been proudly profitable since 2015. This focus on profitability ensures we have the stability and agility required as an organisation to continually lead the market with our innovative product offerings.
About the role
LendInvest is looking for a talented and commercially minded Finance Manager to join our dynamic finance team, taking a lead for our Buy-to-Let product. This role will suit a qualified accountant with experience in the financial services industry. Reporting into our Group Financial Controller, you will play a key role in the group finance function, ensuring consistently accurate financial reporting and proper financial control over your funding lines, products and cost centres.
About the team
Our team is growing quickly and is a diverse, ambitious and outgoing bunch, with strong credentials and experience gained from a variety of industries. We work together to support business needs and you’ll see tangible outputs and decisions being made as a direct result of your work.
About your work
- Financial reporting
- Prepare monthly, quarterly and annual financial statements in accordance with applicable accounting standards and regulatory requirements
- Assisting with the preparation of monthly management information including consolidation, segmented profit and loss accounts, balance sheets, cash flows and commentaries
- Management and financial accounting for multiple legal entities used by the Buy-to-Let product
- Ensuring the correct recording of interest and costs due to third party funders, as well as hedging costs
- Conduct variance analysis and provide insightful commentary on financial performance
- Monitor and report on key financial metrics such as loan portfolio performance and default rates
- Ensure accuracy and integrity of financial data, maintaining a strong control environment
- Financial analysis
- Undertaking detailed review and analysis of monthly P&Ls to support business decision making
- Evaluate profitability and cost efficiency of lending operations, identifying areas for improvement
- Develop financial models and projects to assess the impact of different scenarios on business performance
- Collaborate with the FP&A team on the annual budgeting process
- Regulatory compliance
- Prepare files for external audit review and assisting with the bi-annual audit
- Prepare annual statutory accounts under IFRS or FRS 101 for audit
- Ensure compliance with all relevant regulatory requirements
- Stay up to date with accounting and regulatory standards and implement necessary changes in financial processes and systems
- Prepare regulatory reports and submissions accurately and within specified deadlines
- Team leadership/development
- Mentor the finance team by providing guidance and training to more junior members of the team
- Representing the Finance team to the wider business
- Foster a culture of continuous improvement
- Collaborate with cross functional teams to drive effective decision-making and business outcomes
About You
Need to have:
- Chartered accountancy, ideally with 1-2 years post qualification experience (ACA, ACCA, CIMA or equivalent)
- Strong fundamental accounting skills
- Strong Excel and financial analytical skills including the ability to provide clear, meaningful commentary
- Financial services experience
- High energy, pragmatic, get it done attitude
- Ability to mentor and influence both within and outside the finance team
Nice to have:
- Line management or team management experience
- Previous experience with working with Oracle Netsuite
- Experience and understanding of FCA regulatory reporting, including MLAR
- Previous experience of securitisation and SPV accounting
Benefits
Competitive salary & discretionary bonus scheme
Hybrid & flexible working policy
️ 33 days’ holiday (including Bank holidays), increasing with the length of service
Private healthcare (Vitality)
Enhanced parental leave
Matched pension contributions up to 4%
Support for attending conferences and professional learning & development
Employee Assistance Programme & Mental health support
Regular performance reviews to promote a culture of growth and development
Life assurance 4x salary + critical illness cover
Electric car loan scheme via Octopus EV
Volunteering day
Give as you earn scheme for charitable donations
Discounts via Perkbox
Cycle to work scheme
Season ticket loan
Monthly socials & annual offsite
Free lunch every Thursday
Diversity, Inclusion & Belonging at LendInvest
At LI we believe in bringing your whole selves to work, we are committed to a culture of belonging where individuals can form a genuine community. We are proud to be an equal opportunities employer and are committed to building a team that represents a variety of backgrounds, perspectives and skills.
