Work life balance
Career progression
Wellbeing

Financial Controller

Salary Starting from £86,000
Location Cardiff
{Mergefield Value}
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This is a Permanent, Full Time vacancy that will close in {x} days at {xx:xx} BST.

The vacancy

We are seeking an experienced Financial Controller, ideally with financial services experience, to lead the Group’s accounting function within our Finance Department. Reporting to the Finance Director, you will manage the Group’s accounting function, facilitating efficient and effective financial support for the management team, budget holders, and project managers. This position will also represent the Finance function in business change programs, including the introduction of new systems, funds, or products. The DBW Group has over 40 auditable entities.

You will have line management responsibility for up to 5 team members and oversee the wider Finance Reporting team of up to 15 colleagues.

Key Responsibilities:

  • Maintain all financial systems and control procedures, identifying and implementing improvements to support business growth.
  • Ensure accurate preparation of monthly management accounts in line with agreed formats and timetables.
  • Monitor changes in legislation and regulations, implementing necessary adjustments (e.g., IFRS, FRS 102).
  • Prepare statutory accounts in accordance with accounting standards and best practice.
  • Manage the external audit process and ensure timely approval of statutory group financial statements and subsidiary accounts.
  • Take responsibility for Key Audit Matters, including Expected Credit Losses for our debt portfolio and fair value assessments for our equity and shared equity loan portfolios.
  • Prepare accurate and timely budget forecasts and reporting for Welsh Government.
  • Collaborate with strategy and investment teams to address accounting and budgetary challenges for new funds and products.
  • Oversee tax compliance (Corporation Tax, VAT, PSA returns) and liaise with external experts as needed.
  • Manage payroll function and ensure compliance with regulatory changes.
  • Provide guidance to management on financial systems and procedures.
  • Attend and present at Audit & Risk Committee meetings.
  • Coordinate banking relationships and oversee treasury activities.
  • Act as a bank signatory and ensure timely reconciliation of key control accounts.
  • Prepare ad hoc reports and support new fund set-up.

Essential Skills & Experience

  • ACA / ACCA / CIMA qualified.
  • Strong technical accounting knowledge, including IFRS, FRS 101, and FRS 102.
  • Experience managing a busy finance department in a high-growth environment.
  • Proven ability to prepare accounts for complex group structures.
  • Excellent communication skills (verbal and written).
  • IT literate, proficient in Microsoft Office.
  • Experience in staff training and development.
  • Ability to work independently and collaboratively.

About us

Our mission is to unlock economic potential in Wales and enhance the local economy by providing sustainable, effective finance. 

When our businesses thrive, they create a higher number of better quality jobs. The taxes they pay strengthen our public finances. The people they employ strengthen our communities. When Welsh businesses are strong, Wales is strong.

Flexible
working

Pension
contributions

Cycle to
work scheme

Employee Assistance Programme

State of the art IT equipment

Volunteer
days

An employer of choice

We continuously monitor industry best practices so we can deliver excellence while offering our colleagues flexibility and a great work/life balance:

  • Offering a competitive salary and benefits package
  • Providing office spaces and a work environment that promotes smarter working
  • Encouraging our colleagues to adopt a working pattern that fits in with their personal circumstances as well as the business needs

We champion an equal and diverse workplace and continually implement strategies to make sure we’re always achieving this:

  • Delivering a well–being programme each year targeted at physical and mental well–being
  • Achieved certification by 'Great Place To Work' and included in the UK's Best Workplaces™ list.
  • Using exit interviews to seek feedback and continuously improve
  • Acting on feedback from annual staff surveys and other feedback throughout the year
  • Continuously reviewing performance statistics and acting where appropriate

We deliver a dedicated well–being strategy that supports the mental, physical and financial well–being of our colleagues:

  • Aligning our objectives with our business goals and recognising great performance
  • Investing in our colleagues’ development by providing a range of training opportunities to meet individual, team, and business needs
  • Rolling out the career progression framework providing a structured opportunity to progress all parts of the business

People are our greatest asset and fundamental to our long–term success:

  • Delivering smarter working and digital transformation, measuring the impact on job satisfaction and productivity
  • Holding regular innovation workshops and encouraging agile projects through our project initiatives
  • Promoting an inclusive culture through regular newsletters and communication and a collaborative means of gathering and using feedback from across the Development Bank Group
  • Actively seeking feedback from our colleagues, particularly at the half year and annual events

The benefits

Below is a taste of what we offer. Check out the full list here.

Wellbeing

Career progression

Hybrid
working

Work life
balance

Published

Not Published

Closing

in X days

{Expiry}