Finance Manager

4 weeks ago


Oxford, United Kingdom Michael Page Full time

As a Finance Manager you will play a critical role in overseeing the financial operations and ensuring fiscal responsibility within the department. You will utilise your expertise in financial management to support strategic decision-making, maintain accurate financial records, and ensure compliance with relevant regulations and policies.

Client Details

Offering a wide range of undergraduate and postgraduate programs across various disciplines, this institution is dedicated to academic excellence, research innovation, and intellectual inquiry. With a diverse and vibrant community of faculty, students, and staff, this institution is committed to fostering a culture of learning, critical thinking, and global citizenship. Its contributions to research, education, and society at large have made it a leading institution on the international stage.

Description


Financial Planning and Budgeting:

  • Collaborate with department heads to develop annual budgets and financial forecasts aligned with the university's strategic objectives.
  • Monitor budget performance, analyse variances, and provide recommendations for corrective actions as needed.
  • Prepare comprehensive financial reports and presentations for senior management and governing bodies.

Financial Analysis and Reporting:

  • Conduct financial analysis to support decision-making processes, including cost-benefit analysis, financial modelling, and scenario planning.
  • Generate regular financial reports, including income statements, balance sheets, and cash flow statements, to track financial performance and inform stakeholders.
  • Provide insights into key financial metrics, trends, and risks to facilitate informed decision-making.

Grants and Fund Management:

  • Oversee the financial management of grants and research funds, ensuring compliance with grant requirements and regulations.
  • Coordinate with grant administrators and principal investigators to prepare grant budgets, monitor expenditures, and report on grant financial to funding agencies.
  • Assist in the preparation and submission of grant proposals, budget justifications, and financial reports.

Internal Controls and Compliance:

  • Establish and maintain internal controls to safeguard university assets and ensure compliance with accounting principles, regulatory requirements, and institutional policies.
  • Conduct regular audits and reviews of financial processes to identify areas for improvement and mitigate financial risks.
  • Stay updated on relevant laws, regulations, and industry best practices pertaining to financial management in higher education.

Team Leadership and Collaboration:

  • Supervise and mentor finance staff, providing guidance, training, and performance feedback to foster professional development and ensure departmental goals are met.
  • Collaborate with colleagues across departments, including procurement, human resources, and academic units, to streamline financial processes, resolve issues, and support organisational objectives.

Profile

The successful Finance Manager will have:

  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field; advanced degree (e.g., MBA, CPA) preferred.
  • Proven experience in financial management, budgeting, and analysis, preferably in a higher education environment.
  • Strong understanding of accounting principles, financial regulations, and compliance requirements applicable to universities.
  • Proficiency in financial software (e.g. ERP systems, Excel) and analytical tools for financial modelling and reporting.
  • Excellent communication skills with the ability to present complex financial information clearly and effectively to diverse stakeholders.
  • Strong leadership abilities with experience in team management, collaboration, and fostering a culture of accountability and integrity.

Job Offer

  • Competitive salary commensurate with experience.
  • Comprehensive benefits package, including health insurance, retirement plans, and tuition assistance for eligible employees and their dependants.
  • Excellent pension.
  • Opportunities for professional development and career advancement within a dynamic and supportive university environment.


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