Irish League of Credit Unions (ILCU)

Finance Manager

Role Purpose

The Finance Manager reports to the Head of Finance & Internal Operations and is responsible for managing the day-to-day operations of the Finance Department, shaping its overall direction, and ensuring efficient financial processes for ILCU and its subsidiaries. This includes preparing consolidated financial statements, monitoring investments, and ensuring compliance with all financial regulations.

Key Responsibilities

Strategic Finance Management

Collaborate with the Head of Finance & Internal Operations, Leadership Team, and CEO to align financial operations with ILCU objectives
Prepare, manage, and monitor annual budgets, ensuring performance tracking, variance analysis, and corrective actions
Provide financial advice, feasibility studies, and support for new services

Operational Finance Oversight

Oversee financial operations, including accounts, payroll, payments, reconciliations, and reporting for ILCU and subsidiaries (ECCU, SPS, Internal Audit, and Foundation)
Ensure compliance with tax, VAT, and payroll regulations, as well as adherence to accounting standards
Prepare financial reports and statements for the Board and external auditors

Governance and Internal Controls

Implement robust internal controls to safeguard ILCU assets and cash flow
Develop and update financial policies and ensure alignment with Board strategies and regulatory standards

Team Leadership

Lead and develop the Finance team, fostering performance and growth through goal-setting and reviews
Act as the escalation point for complex financial issues and champion a customer-focused approach across interactions and processes

Stakeholder Management

Build strong relationships with auditors, advisors, and other stakeholders.
Support other ILCU teams by addressing queries and providing financial insights

Additional Responsibilities

Manage bi-monthly VAT returns and ensure tax compliance.
Ensure reconciliation of funds between insurance and accounting systems
Undertake special projects and other duties as required by the Head of Finance & Internal Operations or CEO

Requirements

Qualifications:

Essential: Professional accounting qualification (e.g., ACA, ACCA, CFA).
Desirable: Degree in business, economics, or related field; financial services or Credit Union governance qualifications

Experience:

Minimum 7 years post-qualification experience in accountancy, finance, or commercial environments
Proven expertise in financial management, regulatory compliance, and team leadership
Strong analytical, problem-solving, and communication skills, with the ability to convey financial information effectively

Key Relationships

Head of Finance & Internal Operations
CEO and Leadership Team
Finance Team
HR Manager
External auditors, consultants, and advisors

How to Apply

Apply using this link: https://irish-league-of-credit-unions.hirehive.com/finance-manager-dublin-3nx6Kk?source=https%3A%2F%2Fwww.creditunion.ie

Closing Date: 5pm, 17th January 2025

The ILCU is committed to attracting, recruiting, and retaining individuals with diverse backgrounds, skills, and competencies. We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences to enhance the service we provide to the credit unions we serve.