Head of Finance - Avarda UK
About the role
As Head of Finance for Avarda UK, you are responsible for the company’s financial management and report to the Avarda UK CEO. You hold overall responsibility for the financial management of the company, including financial reporting, budgeting and forecasting, profitability analysis, internal control, credit loss monitoring, and compliance with financial regulatory requirements.
Accounting, treasury and parts of the reporting processes are performed by the parent company, and you ensure accuracy, completeness and quality in all financial deliveries. The role is part of the executive management team and supports the CEO with analysis, decision support and financial risk assessments.
Key Responsibilities
Overall responsibility for the company’s financial management and reporting
Monthly performance review of P&L, balance sheet and cash flow with CEO
Budgeting, forecasting and long-term financial planning
Profitability analysis of the card portfolio and monitoring of credit losses
Ensuring adequate internal control and financial governance
Quality assurance of accounting and reporting delivered by the parent company
Responsibility for financial regulatory requirements, including input to FCA reporting
Strategic support to the CEO in pricing, commercial decisions and business development
Lead contact for external audit and internal control functions
- Department
- Finance
- Locations
- London
- Remote status
- Hybrid
- Employment type
- Full-time
London
About TF Bank
TF Bank is a digital bank offering consumer banking services and e-commerce solutions through a proprietary IT platform with a high degree of automation. The platform is designed for scalability and adaptability to different products, countries, currencies and digital banking solutions. TF Bank prioritizes organic growth under controlled conditions and expansion is taking place in carefully selected segments and markets. Operations are conducted in the Nordics, the Baltics, Poland, Germany, Austria, Spain, Ireland, the Netherlands and Italy through subsidiary, branch, or cross-border banking with the support of the Swedish banking license.
The business is divided into three segments: Credit Cards, Ecommerce Solutions and Consumer Lending. The target group for all services is creditworthy private individuals, and the loan amounts are relatively small with short repayment terms. TF Bank also offers deposit products in several markets.
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