Director of Finance

OVERVIEW At DF Capital, we champion banking for ambition. As an award-winning provider of consumer finance, commercial finance and savings, we empower our customers with financial solutions tailored to fuel their growth and ambitions. Headquartered in Manchester, our team of over 130, serves thousands of customers across the UK

We're passionate about helping our customers succeed. As we expand our retail and commercial lending products, we remain committed to meeting their evolving needs and supporting their ambitions every step of the way.

OUR STORY Founded in 2016, DF Capital was born with a focus on distribution finance - providing dealers, distributors, and manufacturers with the funding they need to stock, display, and sell products, without straining cash flow.

Since then, we've delivered over £3.5bn of funding across diverse sectors. From motorhomes and machinery to motorbikes and lodges, we've financed all shapes and sizes of commercial vehicles and automobiles (no planes or trains - yet). We listed on the Alternative Investment Market of the London Stock Exchange in 2019.

BEACOMING A BANK In 2020, we became a fully authorised bank, extending our offering with savings products for retail depositors. We're proud of our strong customer service, consistently achieving high satisfaction scores - like our current average rating of 4.8/5 from 1,200+ reviews, which also earned us a Platinum Trusted Service Award.

In March 2025 we were given permission to lend to consumers and we wrote our consumer business in May 2025. So, the deposits we're entrusted with fuel UK businesses through our commercial lending, and UK consumers through our asset finance products creating a virtuous cycle of growth.

WHERE WE'RE HEADED Our goal is simple: to be the best bank - for our customers and each other. We put customer needs first, continuously looking to improve our proposition on their feedback. We aim to help more customers in more ways while continuing to deliver exceptional service.

How do we achieve this? By hiring people who care deeply about doing the right thing, we've been recognised as "World Class to Work For" by Best Companies, and we're proud of our inclusive, sustainable, and progressive workplace.

WHAT WE'RE LOOKING FOR We are entering another exciting chapter of the DF Capital story, as we look to turbo-charge our ambitions and significantly scale the business. If you're passionate about providing great customer experiences, developing great propositions and want to be part of building a winning and positive sales culture, then we want to hear from you.

OUR CULTURE DF Capital is a very special place to work. We have an amazing team who commit themselves each and every day to bring our ambitious growth plans to life. We've achieved much on our journey so far, but I believe we have our best days ahead of us.

We've established a unique culture that is built on a virtuous circle where engaged and empowered employees who are powered by a shared purpose deliver great outcomes for our customers, our communities, the environment and ultimately our shareholders. This is why we are rated a world class place to work and are amongst the best companies to work for in the UK.

THE ROLE The Director of Finance has end-to-end responsibility for the Bank's core finance activities, covering core Financial Control and internal and external reporting alongside specialist areas including Treasury Accounting, Tax, Impairment Provisions, EIR and Finance Change. The role ensures the integrity of the Bank's financial information and reporting, a strong control environment, and compliance with accounting, regulatory and statutory requirements.

The role will provide hands on technical expertise with the ability to lead change, improve processes, and support the Bank's growth and transformation agenda.

RESPONSIBILITIES Financial Control

• Hold end-to-end accountability for the Bank's financial control environment, ensuring accuracy, and integrity of the general ledger, balance sheet, and profit and loss.
• Maintain a robust framework of financial controls, including reconciliations and reviews.
• Embed balance sheet discipline, including regular balance sheet reviews and substantiation.
• Own the development and maintenance of accounting policies, aligning with accounting standards and regulatory expectations.
• Ensure strong governance over journals, adjustments, and end-of-period processes, with appropriate review, approval, and audit trails.
• Ensure finance processes are scalable, well-documented, and appropriate for a growing regulated bank.

Management Accounts and Monthly Reporting

• Own the end-to-end production of monthly management accounts, ensuring they are accurate and delivered to agreed timelines.
• Lead the monthly close process, including oversight of critical accounting entries, reconciliations, and review of any key judgements.
• Maintain strong governance over reporting processes, ensuring appropriate review, sign-off, and documentation.
• Ensure management information provides clear, relevant insight into financial performance, working with the financial planning team to articulate drivers of variance in the balance sheet and P&L.

Financial Reporting and Statutory Accounts

• Lead the preparation of the Bank's annual and interim statutory accounts, taking ownership of accounting judgements areas, estimates, and disclosures.
• Act as the primary point of contact for external auditors, managing the audit process from planning through to completion.
• Ensure audit issues are addressed promptly, with clear explanations, supporting evidence, and agreed resolutions.
• Oversee and review all financial outputs, ensuring accuracy and compliance with accounting standards.
• Oversee and review narrative reporting and disclosures, ensuring they are clear and compliant with accounting standards.
• Maintain strong governance over financial reporting processes, ensuring appropriate review, sign-off, and documentation.
• Present financial results and key judgements clearly and confidently to the Board Audit Committee and Board.

Treasury Settlements & Banking Operations

• Oversee all treasury and banking settlements, ensuring transactions are processed accurately and on a timely basis.
• Ensure robust operational controls over cash movements, reconciliations, and settlement processes across all treasury products.
• Maintain strong segregation of duties and controls in line with regulatory expectations.
• Work closely with Operations to ensure adequate funds and timely authorisation of payments.
• Oversee the Accounts Payable function, ensuring supplier invoices, expenses, and other payables are processed accurately, on time, and in accordance with approved policies.
• Ensure robust controls over invoice approval and payments, including appropriate segregation of duties and review.

Treasury Accounting

• Responsible for the accounting of all treasury and financial instruments, including derivatives, and hedging arrangements.
• Partner closely with Treasury to ensure accounting outcomes appropriately reflect the economic intent of hedging strategies and risk management activities.
• Lead the application and governance of hedge accounting, including hedge designation, documentation, effectiveness assessment, and ongoing compliance with accounting standards.
• Ensure monthly reporting of fair value movements are clear and understood by all.
• Ensure accurate monthly accounting and reporting of treasury activities, clearly explaining the impact of financial instruments and hedging on profit and loss and balance sheet.
• Ensure high-quality disclosures in management and statutory reporting relating to financial instruments / fair value movements.
• Act as the primary point of contact for auditors on hedge accounting matters.

Effective Interest Rate (EIR)

• Responsible for the calculation and maintenance of Effective Interest Rate (EIR) model.
• Ensure EIR methodologies are appropriate, consistently applied, compliant with accounting standards and well governed.
• Provide clear analysis of monthly movements including clear articulation of variances.
• Ensure changes to assumptions or modelling affecting EIR are appropriately controlled, documented, and approved.

Impairment Provisions

• Work collaboratively with first line Credit to establish new operating model for IFRS 9 modelling and impairment provisioning.
• Provide financial oversight and challenge of impairment provisioning, ensuring provisions are appropriate and compliant with IFRS requirements.
• Review and challenge key assumptions, judgements, and model outputs used in impairment calculations by first line Credit team.
• Oversee accounting entries, disclosures, and narrative relating to impairment and credit risk in management and statutory reporting.
• Act as a senior point of contact for auditors and regulators on impairment methodology, governance, and outcomes.

Tax

• Oversee all tax matters, including Corporation Tax, VAT, deferred tax, and tax accounting.
• Ensure appropriate tax provisioning and compliance with filing and payment obligations.
• Manage relationships with external tax advisors and auditors, ensuring tax risks are identified and managed effectively.

Change, Systems & Transformation

• Lead the finance change agenda . click apply for full job details