Deputy Finance Director

OakNorth Bank

  • London
  • Permanent
  • Full-time
  • 9 hours ago
This senior leadership role will act as the functional lead for OakNorth Group'score financial reporting, tax compliance, and oversight of regulatory reporting.The role is accountable for the financial close, statutory accounts, taxobligations across multiple jurisdictions, and governance of the regulatoryreporting framework.The individual will manage day-to-day financial control processes, lead anddevelop finance teams in India, and partner closely with the Head of Finance &Controls on strategic priorities. This is a hands-on leadership position,balancing operational excellence with contribution to key initiatives across thegroup \nKey Responsibilities:
  • Financial Control & Reporting
  • Lead the monthly and annual close process for all group entities,
  • ensuring timely, accurate, IFRS-compliant reporting.
  • Maintain strong ledger controls, reconciliations, and balance sheet
  • integrity.
  • Oversee preparation of statutory accounts and coordination of annual
  • financial statements.
  • Support delivery of external audits for bank and group entities.
  • Taxation
  • Lead UK tax compliance, including corporation tax, VAT, and governance
  • requirements.
  • Oversee group tax operations across the UK, US, and India, managing
  • external advisors and ensuring timely submissions.
  • Support transfer pricing, intercompany arrangements, and tax
  • optimisation initiatives.
  • Regulatory Reporting
  • Provide senior oversight of PRA, FCA, BoE returns, and Pillar 3
  • disclosures.
  • Act as escalation point for technical/regulatory matters and policy
  • interpretation.
  • Oversee improvements to regulatory reporting processes and systems,
  • ensuring integration with core finance operations.
  • Governance & Controls
  • Strengthen the financial control environment through targeted process
  • improvements, policy alignment, and control testing.
  • Drive consistency in policies, reconciliations, and governance standards
  • across the group.
  • Leadership & Collaboration
  • Functionally lead and mentor finance controllership teams in India,
  • ensuring alignment of objectives, processes, and performance standards
  • with UK operations.
  • Act as the day-to-day lead for finance operations, providing continuity for the Head of Finance & Controls.
  • Partner with FP&A, Treasury, Regulatory, and Legal teams to deliver
  • aligned outputs and support business-wide priorities.
  • Transformation & Strategic Initiatives
  • Lead strategic finance projects, capital optimisation, and process
  • improvements, including adoption of automation, AI, and system
  • upgrades to enhance efficiency, controls, and readiness for new products
  • or services.
What we are looking for:
  • Qualifications & Experience
  • Fully qualified accountant (ACA, ACCA or equivalent) with 10+ years'
  • post-qualified experience.
  • Strong background in IFRS reporting, tax compliance, and financial
  • controls within financial services or banking; knowledge of US GAAP an
  • advantage.
  • Proven track record in managing close processes, statutory filings, and
  • regulatory interactions.
  • Experience working across geographies and with senior stakeholders.
  • Skills & Attributes
  • Hands-on leader with strong technical expertise and a delivery focus.
  • Confident communicator, able to engage effectively with senior
  • stakeholders, advisors, and regulators.
  • Organised, proactive, and resilient in a fast-paced, regulated
  • environment.
  • Collaborative and capable of developing high-performing teams.
Benefits and Perks
  • Equity. We want people to have a stake in the business so that all our interests are aligned.
  • 25 days holiday
  • Personalized benefits - opt-in to what matters to you
  • Subsidised Private Medical Insurance with Bupa
  • Enhanced maternity and paternity leave
  • Wellbeing and social events
  • In-house Barista Bar in London office
  • Support causes that matter to you - Volunteering time off
  • Salary sacrifice schemes (Cycle to work, nursery, gym, electric car scheme)
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OakNorth Bank