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Deputy Director of Finance - Financial Performance

Requisition ID:  1663
Location: 

Newcastle, GB

Contract Type:  Open Ended
Posted Date: 

 

We are a world class research-intensive university. We deliver teaching and learning of the highest quality. We play a leading role in economic, social and cultural development of the North East of England. Attracting and retaining high-calibre people is fundamental to our continued success.

 

Salary: Competitive Depending on Skills and Experience

Closing Date: 02 February 2020

 

The role

 

Following the recent launch of its new Vision and Strategy, the University has made clear its commitment to put people in the centre of all it does. We aim to provide an environment that enables our people to flourish. This strategic role will provide strong leadership and a compelling vision for the development, delivery and direction of the Financial Business Partnering service within Business and Research.

 

This senior role will lead, co-ordinate, develop and support the University’s team of Finance Business Partners to provide high quality decision making, real time insight and budgetary control support to Faculties, Schools and Professional Services Units. Ensuring the delivery and maintenance of a comprehensive and high quality management accounting service across the University. You’ll have a high degree of self-motivation, initiative and drive, and the ability to demonstrate professional resilience and reactiveness in achieving results by enabling control through others.

 

This role will report to the Executive Director of Finance.

 

For any informal enquiries please contact Richard Dale, Executive Director of Finance at Richard.dale@newcastle.ac.uk

 

Interviews will be held on Monday, 24 February 2020

 

Key Accountabilities

 

Operational Management

 

  1. To provide an excellent leadership example for the Finance Business Partners and other colleagues to foster a culture of outstanding performance and customer service, establishing clear expectations of performance underpinned by appropriate leadership and processes.
  2. With a strong commitment to equality, diversity and inclusion, to establish strong management practices, standards and aspirations in which colleagues are recruited, managed, motivated, developed and recognised in line with University values, policies and principles. 
  3. To ensure the maintenance of high professional and insightful standards in service delivery.
  4. To lead specific initiatives or projects on behalf of the University.
  5. To deputise for the Director of Finance at relevant meetings and committees and represent the University’s financial interests, as appropriate, taking the lead role in influencing and informing Faculties, Schools and Professional Services.
  6. To recognise the importance of continuous personal development and ensure your teams are at the forefront of industry practice, enabling development and further understanding of key financial challenges across the university and externally making recommendations accordingly.
  7. To be a member of the leadership team of Finance, Business and Research and to deputise for the Executive Director of Finance as and when required.

 

Financial Leadership

 

  1. To lead the production of the annual budget and medium term financial forecasts (including capital planning), enabling insightful relevant discussions at budget setting, financial monitoring and budget scrutiny groups and the production of commentary for Executive Board and Council.
  2. To manage the production of monthly management accounts and quarterly forecasts and to support production of consolidated results and forecasts for consideration by Executive Board and Finance Committee. This will include the compilation of relevant supplementary data, the assessment and dissemination of results and recommendation of resultant action.
  3. To lead supportive challenge discussions and financial advice with Principal Budget Holders on their financial performance, engendering an effective financial control and adherence to University policies and procedures.
  4. To provide high quality and timely research support services (both pre-award and post-award) to Principal Investigators and other research active colleagues and to manage the central contract financial management team.
  5. To co-ordinate the production of finance Key Performance Indicators with the Planning team to inform management decisions by budget holders.
  6. To manage the development and formulation of University wide costing and pricing policies and to ensure the timely and accurate production of TRAC results and related requirements.
  7. To ensure preparation of high quality business cases through maintenance of the business case template and guidance, training and communications activity and provision of support and supportive challenge to colleagues preparing them.
  8. To attend and provide expert advice to Budget Setting Group, Financial Monitoring and Budget Scrutiny Group, Finance Committee and, as necessary, Executive Board.
  9. To keep up to date with changes in management accounting techniques and principles and be aware of the potential application within the University.

 

Stakeholder Management

 

  1. To work closely with senior management and key stakeholders both internal and external, to establish service requirements and improve service delivery.
  2. To lead effective customer relationships to ensure the service meets customer requirements whilst maximising quality and efficiency.
  3. To provide evidence based challenges to the finance team and University to continue to improve process effectiveness and time saving measures, especially where performance is hampering the ability to effectively deliver.
  4. To provide support and advice to colleagues particularly in complex and high risk matters
  5. To provide professional expertise to the finance function and wider University projects including memberships of committees and task and finish groups where appropriate.

 

The Person

 

Qualifications

  • Professionally qualified CCAB accountant
  • Educated to degree standard (desirable)

 

Knowledge, Skills and Experience

  • Strong up to date knowledge of key management accounting techniques
  • Substantial post-qualification financial management experience in a large, complex organisation
  • Strong understanding of financial management and planning
  • Experience of working with senior management from a range of disciplines
  • Line management experience (e.g. recruitment, appraisals, performance development)
  • Strong IT skills
  • Excellent presentation and communication skills
  • Understanding of the Higher Education sector in general and research intensive universities in particular (desirable)

 

Attributes and Behaviour

  • Strong interpersonal leadership skills with the ability to coach and mentor effectively
  • Promotes and actively drives change within own area and across the organisation
  • High drive and initiative, able to demonstrate professional resilience
  • Exceptional interpersonal, communication and influencing skills
  • Politically astute and sensitive to the priorities and dynamics of an academically led organisation
  • Strong track record and desire in working collaboratively with colleagues at all levels across the organisation

 

Newcastle University is committed to being a fully inclusive Global University which actively recruits, supports and retains staff from all sectors of society.  We value diversity as well as celebrate, support and thrive on the contributions of all our employees and the communities they represent.  We are proud to be an equal opportunities employer and encourage applications from everybody, regardless of race, sex, ethnicity, religion, nationality, sexual orientation, age, disability, gender identity, marital status/civil partnership, pregnancy and maternity, as well as being open to flexible working practices.

 

Requisition ID: 1663