Finance Manager

Tuesday 23 May 2023 £71,577 - £79,530 Unable to Offer Agile Options Overview
Lloyds Development Capital (“LDC”) is the private equity arm of Lloyds Banking Group (“LBG”). The LDC Group structure is a combination of corporate entities (operating/holding companies) and partnerships (funds and general partner).

LDC is the most active mid-market private equity investor, investing £2m-£100m in medium sized private companies with ambitious, entrepreneurial management teams with the objective is to realise capital gains by sale of these companies, typically within 3-5 years.

The Role
This is a hands on role and will be responsible for the corporate entities within the LDC Group. The Finance Manager will be responsible for liaising with various part of the business to provide management information and analytics for senior stakeholders, internal business stakeholders and the wider LBG Group. The candidate will form a solid understanding in private equity (both in business sense and operations), investor relations, and relationship management.

Reporting Line
Financial Controller

Reporting

• Responsible for preparation of management information/presentations for senior stakeholders including calculation of key return metrics and quarterly board packs.
• Key contact between the LDC and wider LBG Group.
• In addition to LBG, interaction with other business stakeholders include senior executives, deal executives, HR, risk, and legal.

Treasury Management

• Cashflow and working capital forecasting and management.
• Management of foreign exchange and interest rate risk.

Control Environment

• Management of month end process for the LDC Group.
• Maintaining LDC control environment whist also complying with LBG group minimum standards (GMS).
• Producing and maintaining monthly reconciliations to substantiate the month end balances.
• Complying with controls included on the One RSA (LBG risk register).
• Responsible for understanding and drafting regulatory submission including FCA returns and the Group RWA.
• Continuously development of internal controls to conform with best practice.

Overall

• Preparation of financial statements for corporate entities under IFRS.
• Management of the annual statutory audit for several of corporate entities within the LDC Group.

• Continuous of development of the infrastructure and controls environment to drive increased efficiency, effectiveness and cost management.
• Continuous review and maintenance of financial controls, focusing on the provision of quality management information and the integrity of the trial balance.
• Integration of multiple accounting systems with relevant understanding of underlying data and financials.
• Ad hoc analysis.

Requirements

• Qualified Accountant.
• Experience in management reporting and financial reporting.
• Relevant experience of centralised accounting within a multi office / business environment.
• Team player with strong and positive interpersonal skills
• Solid attention to detail and time management skills
• Strong communication skills (verbal, listening, writing)
• Strong financial management skills (including P&L, planning and budgeting)
• Strong organisation and analytical skills
• Strong problem-solving skills
• Ability to acquire and maintain relationships e.g., stakeholders, customers, vendors, investors.

We are an equal opportunity employer and deeply value diversity within our organisation.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.

• Responsible for preparation of management information/presentations for senior stakeholders including calculation of key return metrics and quarterly board packs.
• Key contact between the LDC and wider LBG Group.
• In addition to LBG, interaction with other business stakeholders include senior executives, deal executives, HR, risk, and legal.

• Cashflow and working capital forecasting and management.
• Management of foreign exchange and interest rate risk.

• Management of month end process for the LDC Group.
• Maintaining LDC control environment whist also complying with LBG group minimum standards (GMS).
• Producing and maintaining monthly reconciliations to substantiate the month end balances.
• Complying with controls included on the One RSA (LBG risk register).
• Responsible for understanding and drafting regulatory submission including FCA returns and the Group RWA.
• Continuously development of internal controls to conform with best practice.

• Preparation of financial statements for corporate entities under IFRS.
• Management of the annual statutory audit for several of corporate entities within the LDC Group.

• Continuous of development of the infrastructure and controls environment to drive increased efficiency, effectiveness and cost management.
• Continuous review and maintenance of financial controls, focusing on the provision of quality management information and the integrity of the trial balance.
• Integration of multiple accounting systems with relevant understanding of underlying data and financials.
• Ad hoc analysis.

• Qualified Accountant.
• Experience in management reporting and financial reporting.
• Relevant experience of centralised accounting within a multi office / business environment.
• Team player with strong and positive interpersonal skills
• Solid attention to detail and time management skills
• Strong communication skills (verbal, listening, writing)
• Strong financial management skills (including P&L, planning and budgeting)
• Strong organisation and analytical skills
• Strong problem-solving skills
• Ability to acquire and maintain relationships e.g., stakeholders, customers, vendors, investors.

• A competitive salary.
• A discretionary bonus.
• Private medical insurance.
• Pension contributions up to a maximum of 15% of your salary.
• Share plans.
• 30 days paid holiday each year, plus Bank Holidays.