The Credit Union for people living in Caerphilly, Blaenau Gwent and Newport.

t: 029 2088 3751 e:

Finance Officer Vacancy

Smart Money Cymru Credit Union (SMCCU)

is seeking a Finance Officer to join its team of dedicated staff.


Job Title:

Finance Officer 



 Responsible To:

 General Manager

Based at:




SMCCU Head Office Caerphilly


37 Hours per week, Monday – Friday



Main Purpose:

To be responsible for efficient and effective financial systems and management information and contribute to continuous improvements of all service areas.

Main Roles &









 Other Terms and Conditions







The Post-Holder will be expected to:














  •  Prepare monthly reconciliations and control accounts e.g. bank reconciliations etc
  • Preparation of Financial Management Information (income and expenditure account and balance sheet) for presentation to Board.
  •  Yearend preparation and working with Auditors to produce yearend accounts
  • Preparation of budgets and monitoring of budget variances on a regular basis and reporting to Finance Committee and Board 
  • Process standing orders, benefits, payroll deductions and other daily transactions 
  • Prepare statutory financial and legal returns including returns to the FCA and PRA 
  • Financial administration in line with SMCCU policies, Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and Board requirements.  
  • Ensure grant claims are prepared and submitted to deadlines as required. 
  • Ensure lending policies and procedures are kept up to date and within the appropriate legal frameworks.



  • Work within SMCCU values, ethos and vision 
  • Occasional attendance at Board meeting  
  • Contribute to the development of SMCCU




  • Work in accordance with SMCCU policies and procedures  
  • Identify and attend relevant training as required  
  • Work in accordance with all relevant legislation  
  • Undergo regular supervision and annual appraisal  
  • Undergo a CRB check as required  
  • Able to produce and present financial reports to Board and Committees











The post-holder will be based at SMCCU’s Head Office, but will be expected to undertake travel across SMCCU area of interest on a regular basis. Employment will be based upon a 37 hour working week, normally within office hours, although occasional attendance at evening and weekend meetings will be required.  

SMCCU is fully committed to Equal Opportunities and the post-holder will be expected to actively promote equality and diversity within all service provision and activity.  

All SMCCU employees have a duty to ensure compliance with relevant Health and Safety legislation. 

Send CV and covering letter by email to Mrs A Davies  

Closing Date:         Friday 19th July 2019

 Interviews:             Friday 02nd August 2019

 Person Specification for Finance Officer:




Experience and Skills

Preparation of management accounts


Proven experience of recording accounting transactions and maintaining accounting records


Experience of bank and project reconciliations


Budgeting and forecasting


A relevant accountancy e.g. AAT minimum L3 qualified or equivalent


Experience of ensuring that financial procedures are adhered to

Experience of producing management accounts and other analysis


Experience of financial and management accounts preparation


Experience of working for a Charity or Not for profit organisation


Knowledge and Skills

Excellent computer skills for financial monitoring, evaluation and reporting


Working to targets and meeting deadlines


IT literate including experience in using Microsoft Office, particularly Excel


Ability to analyse and manipulate data and recognise trends


Excellent attention to detail

Experience in report writing


Able to analyse and interrogate financial information and identify and report on trends and variances


Understanding of Credit Unions

Interpersonal Skills








Must be able to gain credibility amongst managers, colleagues and external partners


Ability to prepare and present information and reports to various audiences in a clear and concise manner, using written and oral communication skills

Comfortable working within a team setting and contributing fully


Ability to work independently and to tight deadlines


Flexible, proactive and able to work under pressure


Ability to apply discretion in sensitive issues, and maintain confidentiality at all times



Share This Story

Smart Money Cymru Credit Union, 64-66 Cardiff Road Caerphilly CF83 1JQ Telephone 029 2088 3751
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority 213370

fscs cu cymru