Head of Function - Financial Control

Central Bank of Ireland
Dublin, Leinster (IE)
This role is aligned to the Central Bank of Ireland’s Director pay-grade.
05 Dec 2021
12 Dec 2021
Contract Type
Contract / Interim

The Central Bank of Ireland serves the public interest by safeguarding monetary and financial stability and by working to ensure that the financial system operates in the best interests of consumers and the wider economy.

We currently have a vacancy for the role of Head of Function on a contract of indefinite duration in the Financial Control Division. Please click here for further information on our salary scales.

We know it is our people who make the Central Bank special and we are focused on creating a diverse, inclusive, progressive work environment that supports our one Bank vision to be Trusted by the Public, Respected by our Peers and a Fulfilling Workplace for our People.

The role holder will be responsible for overseeing the accounting particularly management accounting, taxation and business support (e.g. billing & collections, accounts payable and systems) areas to ensure coordinated, integrated and strategic financial management of the organisation. Lead the development of an efficient customer focused team in the delivery of these services from the Division in a well-controlled and risk managed manner, providing a professional service to all stakeholders. Lead a systems and change agenda across the Division focusing on the review of processes and procedures to ensure that all are efficient and fit for purpose. Support and deputise for the Head of Division – Financial Control as required at senior committee and other fora.

Working with us will offer you a wide range of opportunities and experiences including:

  • Operating in a truly international organisation, engaging with European counterparts;
  • Playing a leading role in the delivery of the Central Bank’s diverse and important mandate;
  • Leading the delivery of a strategically important Function through a highly professional team;
  • Building a fulfilling career, reaching your full potential, and feeling valued in an environment that supports diversity and inclusion.

What does this role look like?

The successful candidate will have a pivotal role with responsibility for the following key deliverables;

  • Develop the function’s strategy and contribute to the development of the overall strategy for the Division and the Directorate to ensure the objectives and strategic outcomes for the Division, Directorate, and the Central Bank as a whole, can be realised.
  • Leadership and development of the team through effective direction, delegation, performance management and coaching to ensure all staff members can achieve the required performance standards and meet their own job enrichment/development objectives.
  • Overseeing and managing the operations of the functional area, i.e. the accounting, particularly management accounting, and business support (e.g. billing & collections, accounts payable, tax compliance and systems) activities; and support the business with appropriate financial support, to safeguard the integrity and reputation of the Central Bank’s finances.
  • Delivering a systems and change program in accordance with the Divisional Strategy to ensure coordinated, integrated and strategic financial management of the organisation
  • Empowering direct reports to “own their areas” and foster a culture of collaboration to ensure a high performing, well-motivated team that is able to manage peaks and troughs of activity. Support and coach direct reports to effectively engage with internal and external stakeholders, committees and projects teams to empower them to represent the finance agenda in the wider organisation and Eurosystem
  • Deputise for the Head of Division – Financial Control in representing the Division and the Central Bank at Committee level in the ECB and wider international fora on policy and commercial matters to ensure that the Central Bank’s interests are reflected – as required.  Communicate with internal stakeholders, where appropriate, to disseminate information within the Central Bank from such fora.
  • Develop and maintain productive and collaborative relationships with relevant functions in the Central Bank for the long-term benefit of the Central Bank. Manage engagements with external stakeholders as required so key relationships are maintained and organisational objectives are achieved. What are we looking for?
  • Developing and driving the implementation of finance transformation and process development initiatives and achieve efficiency and quality enhancements through the development and implementation of improved processes, customer service and automation –working with our external suppliers as required.

The role requires a driven individual with significant experience in leadership and people management in a professional and pressurised finance function, a proven track record in delivering results, services, change and high quality reporting in a complex environment and the ability to establish and communicate a clear vision and sense of purpose. Strong project management skills and proven ability to manage and balance a diverse portfolio of activity are also required. ERP system implementation and finance transformation experience an advantage.

A professional Accounting qualification and membership of the professional body, Chartered Accountants Ireland (CAI), the Association of Chartered Certified Accountants (ACCA), or the Chartered Institute of Management Accountants (CIMA), is an indispensable condition of the tenure of the employment.

We know it's our people who make the Central Bank special and we are focused on creating a diverse, inclusive, fulfilling and progressive work environment. We encourage applications from candidates with different backgrounds, experiences and perspectives as it strengthens us, as individuals and as an organisation.  We are committed to positively supporting candidates with disabilities. If we can make any reasonable accommodations for you in the recruitment process in order to give you the opportunity to perform to your best, please let us know. Any information that you provide will be used only for the purposes of providing relevant support and will have no bearing on how your application will be viewed

Application Details: 
Closing Date: 12th December 2021
Interviews Expected to Commence January 2022