Finance
The Finance area supports the Bank in delivering on its strategy and business plan. We carry out a range of statutory and management reporting; we help guide management decisions; and we also play a key role in maintaining financial controls.
There are three divisions within Finance at the Bank:
Financial & Management Accounting (FMA) supplies central accounting for all the Bank’s transactions, and ensures that relevant external accounting requirements are met. As well as preparing the Bank’s published annual financial accounts, we provide the budgeting framework that allows the Executive Team (ET) and the Court of Directors to make and enforce resource allocations, and a costing system that allows the Bank’s management to monitor resource use against the Bank’s different sources of income.
Projects, Risk & Performance (PRP) provides organisation-wide support for, and monitoring of, the delivery of the Bank’s strategy. This includes business planning, delivery of projects and programmes, management of risk, and measurement of performance against organisational objectives.
Facilities and Procurement (FPD) is responsible for the the maintenance of the Bank’s property and plant assets and the provision and servicing of accommodation within the properties. This includes the provision of support services such as catering, cleaning, energy management, event co-ordination and facilities, health and safety advice, porterage, postal distribution, reception desk, switchboard, travel and waste management. FPD also provides a central procurement function for purchasing and supply Bank-wide.