Ballinasloe Credit Union Ltd

is now inviting applications for the following position

Financial Controller

Ballinasloe Credit Union is a progressive financial services provider with over 19,500 members and total assets of €124 million.  Our offices are based in the main street in the heart of the community in Ballinasloe. Our core value is to promote the financial wellbeing of our members, while at the same time helping to develop healthy communities that are socially, economically and environmentally sustainable. To achieve this purpose, the Credit Union is committed to providing a broad range of innovative financial products and services. 

Principal responsibilities of the role:

The Financial Controller will report directly to the CEO and will have overall responsibility for the delivery of timely and accurate financial management reporting. He / She will support the development and execution of the Credit Union’s Finance Strategy and help ensure alignment with the overall objectives of the Strategic Plan. The role will act as Finance support to the Board, assisting them in the analysis, understanding, and planning of significant impacts (positive or negative) to the financial well-being of the Credit Union

Key Responsibilities:

  • Overall responsibility for implementing effective processes and controls to accurately measure and report financial performance

  • Review all financial reports ensuring that underlying processes, reviews, and controls have been completed in accordance with best practice and regulatory requirements

  • Support the financial modeling, development of projections, stress testing, and scenario planning, and the development of budgets aligned to the ambition in the strategic plan

  • Complete the analysis of product profitability across the suite of CU products

  • Review of investments with the CEO, Board and external bodies

  • Responsible for the preparation of financial information for the Board and committees. Support the Board in their understanding of the dynamics and critical issues contained therein

  • Report on progress and the achievement of financial and other organisational performance metrics on an annual, quarterly, monthly, weekly or daily basis, as appropriate

  • Management and co-ordination of all internal and external reporting, including the consolidation of monthly management accounts

  • Responsibility for administration of outsourced payroll and all ancillary processes

  • Overall responsibility for efficient resourcing and operation of Credit Control and Finance function including supporting and developing team members

  • Maintain operational targets and work with team members to develop and implement plans to meet these targets

  • Support the Operations Manager to develop the financial analysis, business modelling and economics of operations to optimise the balance of service and cost

  • Continuous improvement – identification of opportunities for improvement of analysis and reporting and implementation of efficiency models

  • Support the CEO by providing analysis of financial information, with the provision of ad hoc reports that will lead to new business initiatives

  • Support the CEO in any undertakings pertaining to the Credit Union

 

The successful candidate should have the following:

  • Qualified accountant with 5+ years’ industry or relevant practice experience.

  • Experience in financial services desirable

  • Experience in managing a small team of staff

  • Expert knowledge of accounting and financial analysis

  • A thorough understanding of Credit Union rules and regulations

  • Ability to plan/forecast, develop budgets, design financial models and oversee the implementation of financial strategies

  • A customer-centric focus ensuring that a first-class service is delivered to members

  • Proficient in the use of all Microsoft office products, especially Excel

  • Excellent report writing, presentation administrative, organisational & business support skills

  • This role is a Central Bank Pre-Approved Control Function and is subject to strict Fitness and Probity obligations

 

How to Apply:

Applications including CV and cover letter by email addressed to: recruit@pinta.ie

Applicants should should state clearly the reference number: BCU FC 2020

Closing Date for receipt of applications is Friday 24th January 2020

Short listing may apply, and assessment will be done on the basis of the information provided in the application

Ballinasloe Credit Union Ltd is an Equal Opportunities Employer