Location: Sheffield / Hybrid Working
(Expectation that you will attend an office 2 days per week)
Contract: Permanent
Hours: Full time 37.5 hours per week/flexible days and/or hours (Mon-Fri)
Salary: 60,000 - 70,000 - Depending on Experience
Please note that any same band and job family internal moves will not present any pay increase
Key Benefits
Click here for a complete list of benefits 30 days annual leave plus bank holidays, opportunity to buy and sell up to 5 days holiday
15% employer pension contribution
Flexible working
Cycle to work scheme, healthcare cash plan, Group Income Protection and life assurance
Paid voluntary days, maternity, paternity, adoption, and shared parental leave
Benefits designed to suit your lifestyle - from discounts on retail and dining, to health and wellbeing, travel, and technology...and plenty more
The Role
Are you a qualified accountant with a passion for regulatory reporting and tax compliance? Join the British Business Bank as a Senior Manager, Regulatory Reporting and Tax Accounting, and play a key role in safeguarding the Bank's financial integrity and regulatory standing.
This senior-level position sits within the Financial Control and Governance team as part of the wider Core Finance team and reports directly to the Director. You will act as the Bank's lead on all finance-related regulatory matters for its regulated entity, as well as managing Group-wide tax compliance.
You'll work closely with colleagues across the Bank and external advisors to ensure all regulatory returns and tax submissions are accurate, timely, and fully compliant -- while proactively responding to new and emerging requirements.
What You'll Be Doing
Lead quarterly MIFIDPRU regulatory reporting and maintain robust controls
Own regulatory horizon scanning and assess impacts of upcoming changes (e.g. CASS)
Provide technical accounting advice for the Bank's regulated entity
Manage relationships with external tax advisors and oversee corporation tax returns across the Group
Ensure compliance with HMRC's Senior Accounting Officer regime
Coordinate annual Partnership Tax Returns across 200+ investments
Support strategy development to align regulatory frameworks with future investment initiatives
What We're Looking For
Qualified accountant (ACA, ACCA, or CIMA) - essential
Strong experience in tax accounting and IFRS reporting
In-depth understanding of financial controls and regulatory frameworks
Experience in financial services; FCA regulatory reporting is a plus
Proven ability to lead cross-functional projects and engage with internal/external stakeholders
Excellent analytical, organisational, and communication skills
CTA qualification
Desirable
Experience working with investment-related entities
Why Join Us?
At the British Business Bank, you'll be part of a purpose-driven organisation committed to making finance markets work better for smaller UK businesses. You'll enjoy a dynamic and collaborative culture, with the opportunity to make a meaningful contribution to national economic growth and policy impact.
Click here to view the full job description
About British Business Bank
The British Business Bank is an established and influential institution with a key mission of driving sustainable growth and prosperity throughout the United Kingdom. It plays a vital role in supporting access to finance for smaller businesses, facilitating their development and contributing to the transition towards a net zero economy.
Since its inception in 2014, the British Business Bank has functioned as a government-owned economic development bank, operating independently to fulfil its objectives. It collaborates with over 200 delivery partners, including high street, digital, specialist, and challenger banks, venture capital and private debt funds, as well as fintech platforms, to implement its programs effectively.
With offices in Sheffield and London, the British Business Bank currently employs approximately 550 individuals.
As an organisation that values flexibility, wellbeing and collaboration, the British Business Bank introduced a hybrid-working model in 2020. Our colleagues typically spend an average of 2 days per week working in our offices, striking a balance between the advantages of remote work and the benefits of in-person collaboration. The successful candidate for this role should be able to commute to our office (unless specified).
At the British Business Bank, we aim to represent the communities we serve, firmly believing that different perspectives make us stronger. We strongly encourage applications from individuals with varied experiences and backgrounds.
As a Disability Confident employer, we commit ourselves to having an inclusive, equitable and accessible recruitment process supporting applicants and employees, making reasonable adjustments whenever it is feasible.
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