Financial Control Manager

DescriptionUK Research & InnovationSalary: 56745 per annumBand: UKRI Band FContract Type: Open endedHours: Full-time (flexible working available)Location: Polaris House Swindon Wiltshire - Hybrid working available (Min 2 days per week in the office)Closing Date: 19th October 2025About the roleInnovate UK Loans Limited (IUKL) exists to deliver the Innovation Loans programme as part of Innovate UK and UK Research and Innovation (UKRI)s commitment to fostering business-led innovation.The financial reporting manager for Innovate UK Loans Limited works with multiple teams within UKRI to support both the Group Financial Controller and the Innovate UK Loans company in creating compliant statutory accounts. Liaising with operational wider finance and cross governmental teams this role encompasses knowledge of financial accounting and wider financial control to ensure best practice.Your responsibilities:Financial Reporting Manager for Innovate UK Loans Company with responsibility for:Ensuring high quality compliant statutory accounts are signed off by the Companys auditors on a timely basis. This includes management of Stakeholders expectations writing & presenting papers at the Companys Board and Audit and Risk Committee.Management of the Financial Reporting team & the IFRS 9 & IFRS 13 compliant expected credit loss and fair value models including liaison with NAO GAD & Moodys. This includes problem solving & continuous improvement.Technical accounting & financial instrument expertise including the ability to explain complexity to senior experienced and non-expert audiences in succinct understandable terms. This includes advice and support for new types of lending and changes to loans contractual terms that have accounting treatment consequences. Liaison with stakeholders and expert insight into loan & portfolio operations and credit risk teams processes and management information.Liaison with industry and Government bodies that have oversight of loan operations including DSIT UK Government Investments HMT Government Debt Management Function and Subsidy Control. Forward looking industry intelligence gathering that impacts on future requirements and best practice standards.A full contribution to Financial Control Team as a member of the Financial Control Mangers team that reports to the Financial Controller. Display UKRI Finance professional behaviors to encourage a very positive working environment and motivate a high performing team.Personal SpecificationThe below criteria will be scored during Shortlisting (S) Interview (I) or both (S&I).EssentialAround 5 years post qualified accounting experience preferably with a financial institution financial reporting team; or a Government body accounting team with financial instrument holdings; or a larger audit firm with exposure to financial instruments audits. (S)Technical accounting and financial reporting experience and aptitude with a working knowledge of IFRSs for Financial Instruments & Fair Values (IFRSs 7 9 & 13). (I)Ability to explain complexity both in written formats & in person to a wide range of stakeholders including senior management Governance Committees and other technical specialists and colleagues within the Group. (S&I)Experience in working with internal and external financial models preferably in credit risk applications. (S&I)Forward planning skills and resilience in challenging situations with a problem-solving aptitude to ensure high quality compliant statutory accounts and supporting projects are delivered to a tight timetable. (I)Commitment to continuous improvement including delivery of projects relating to auditors management letter recommendations to improve accounting information and enhanced compliance with accounting standards. Being comfortable working in a team of other professionals to deliver these projects on time. (I)Line management experience of at least small teams displaying emotional intelligence with the ability to motivate and enthuse the team in challenging situations. (S&I)Outward looking intelligence gathering of financial institutions and other Government lenders and credit risk specialists published disclosure so that high quality published accounts are delivered a timely basis that reflect developing best practice. (I)BenefitsWe recognise and value our employees as individuals and aim to provide a favourable pay and rewards package. We are committed to supporting employees development and promote a culture of continuous learningA list of benefits below:An outstanding defined benefit pension scheme30 days annual leave in addition to 10.5 public and privilege days (full time equivalent)Employee discounts and offers on retail and leisure activitiesEmployee assistance programme providing confidential help and adviceFlexible working optionsPlus many more benefits and wellbeing initiatives that enable our employees to have a great work life balanceFor further information on our benefits please see:Benefits of working at UK Research and Innovation (UKRI)Please apply online if you experience any issue applying please contact Please note if you will require sponsorship to work in the UK as part of your sponsorship application you and any dependants travelling with you will be required to pay costs directly to The Home Office for the application before you start your role with us. UKRI is normally able to reimburse some or all of these fees after you have become an employee and this can be discussed with the Hiring Manager. For more information please visit contact.Required Experience:Manager Key Skills B2B Sales,Arabic Speaking,Adobe Flash,Executive Support,BI Employment Type : Full-Time Experience: years Vacancy: 1