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OA

Deputy Finance Director

Oaknorth
Posted 3 weeks ago
🇬🇧United Kingdom🏢Hybrid📁Finance
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The Role At OakNorth, we’re on a mission to empower the UK’s most ambitious businesses. Since 2015, we’ve lent over $21 billion across the UK and US, helped create more than 58,000 new homes and 36,000 new jobs, and supported hundreds of thousands of personal savers — all while fuelling the UK economy. This senior leadership role will act as the functional lead for OakNorth Group’s core financial reporting, tax compliance, and oversight of regulatory reporting. The role is accountable for the financial close, statutory accounts, tax obligations across multiple jurisdictions, and governance of the regulatory reporting framework. The individual will manage day-to-day financial control processes, lead and develop 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 the group. Key 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: 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 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 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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