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Financial Controller

c.£75,000 and excellent benefits

Main accountabilities

As a key member of the financial leadership team, this role has a broad remit across the University covering financial accounting, financial services and processes, financial controls, tax, treasury and endowment management.

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The role holder will provide expert advice on accounting in line with the relevant regulations (e.g.UK GAAP, IFRS and SORP), tax; as well as leading the relationship with internal and external auditors.  The role will lead the relationship with the investment managers of the University's Endowment Fund.  The role will also support the wider organisation to manage financial controls, providing guidance and training as necessary

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Key duties and responsibilities:

People Management and Leadership

  • You will build and maintain effective business partnering relationships across all departments within the College.

  • Ensure that a culture of customer-focused service delivery is consistently maintained across all aspects of the Finance department’s provision

  • Provide advice and information to, and work collaboratively with the Business Partners and the Head of Financial Planning and Analysis to provide a cohesive service.

  • Work collaboratively with other Finance Business Partners and colleagues across Finance to develop shared insights, priorities and ideas.

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Financial Accounting

  • Ownership of the annual audit process, and preparation of financial statements ensuring adherence to agreed accounting policies.

  • Provide financial accounting advise across the University as required.

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Financial Controls

  • Responsible for establishing, documenting (in the University's Financial regulations) and implementing the financial control framework across the University.

  • Ensure compliance with the financial control framework, and Financial Regulations.

  • Provide training and guidance across the university as required.

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Taxation

  • Ownership of VAT and all other taxation matters, providing advice as required and leading the relationship with the University's tax advisors.

  • Provide input to ensure the University structures its operations in the most tax efficient manner.

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Treasury Management 

  • Responsible of for the day to day management of the University’s cash and the investment of funds, as well as cash flow forecasting, performance monitoring and reporting. . 

  • Compliance monitoring for facilities and agreements for example compliance with loan covenants and HEFCE requirements.

  • Lead the relationship management with the central University’s investment managers and banking and cash management providers.

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Financial Services and Processes

  • Responsible for the general accounting process, accounting structures and financial systems across the University. 

  • Ensure compliance with accounting structures, coding and processes, and drive improvements as required. 

  • Develop appropriate reconciliation processes and ensure compliance. 

  • Responsible for the financial systems in the University and their future development. 

  • The role is responsible for the Financial Services Unit, which provides the financial services across the University.  The Financial Services Unit comprises two units:

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Revenue Unit

  • Responsible for inputting and collecting invoices for services rendered by the University and the credit control and management thereof.

  • Responsible for the collection of fees for University accommodation including hall fees and fees for flats and summer residences.

  • Responsible for collection of home and overseas tuition fees from students, loan companies and sponsors in conjunction with SAS, ULIP, UMBS and EISA.

  • Responsible for receipting payments and processing and allocating BACS transfers.

  • Develop and imbed appropriate KPI’s to report performance and monitor effectiveness within the area.

 

Payments Unit

  • Payment and processing in respect of the central University’s suppliers including managing the University supplier database, processing and verifying both UK and foreign invoices from suppliers, paying suppliers by cheque, BACS or electronic transfer and administering and verifying corporate/purchase cards applications and accounts.

  • Payment and administration for all expenses claims both staff and non-staff claims including examiners.

  • Develop and imbed appropriate KPI’s to monitor effectiveness of performance within this area.

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Finance Training 

  • Develop training programmes for the wider community to increase financial knowledge and to ensure they understand how to use and operate the University's financial processes

  • Develop programmes for increasing the professional skills and qualifications of the finance community across the University.

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General

  • Contribute to the effective working of the central Finance Division Team. 

  • Deputise for the Director of Finance and Planning as appropriate

  • Any other duties consistent with both the grade and scope of the post.

  • Any other duties reasonably required of the post holder by the Director of Finance and Planning following consultation.

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Effective Behaviours  
  • Timeliness

  • Meeting Deadlines

  • Communication and Networking 

  • Networking group across colleges

  • Ability to negotiate and influence

  • Ability to plan and organize own workload

  • Ability to adapt a flexible approach to accommodate changes in priorities when required

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University Employment Policy
  • Undertake any other reasonable duties as required and commensurate with the grade of post.

  • Adhere to and comply with the provisions of the Data Protection Act and the Health and Safety at Work Act in accordance with University policies.

  • Undertake all duties and responsibilities in compliance with the rules and regulations encompassing equal opportunities to help foster a diverse workforce.

  • Adhere, comply and work in accordance with University and Departmental policies, procedures and codes of conduct.

  • Promote the University’s Environmental Policy and demonstrate commitment to it through actions and decision making.

  • Actively participate in on-going professional development activities as requested

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Person Specification

Key 

Essential / Desirable [ E / D ]

How measured - Application form / Interview [ AF / I ]
 

Education, qualifications & training

  • Educated to degree standard [ E - AF ]

  • Qualified with a CCAB body [ E - AF ] 

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Experience

  • Experience of working in a complex professional service environment [ E - AF, I ]

  • Experience of working in the Higher Education Sector [ D - AF, I ]

  • Business Partnering Experience [ E - AF, I ]

  • Complex analysis and scenario modelling [ E - AF, I ]

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Knowledge, skills and abilities

  • Planning and budgeting and forecasting [ E - AF, I ]

  • Approaches to costing and pricing [ E - I ]

  • Strong management of the  I&E/P&L [ E - I ]

  • Broad range of technical financial skills covering risk, financial and management accounting [ E - I ]

  • Problem solving skills [ D - I ]

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Additional Attributes Required (not included above)

  • Professional credibility and influence with senior staff [ I ]

  • Independence and objectivity [ I ]

  • Proactive, assertive, challenging and tactful [ I ]

  • Excellent communication skills  - written and spoken [ I ]

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Disabled applicants meeting the Essential criterion will be guaranteed an interview as part of the University’s commitment to the Disability Confident Scheme.  

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