Senior Finance Manager

3 weeks ago

Oxford Oxfordshire, United Kingdom Michael Page (UK) Full time

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.
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.
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.
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.
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.
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The successful Finance Manager will have:
Bachelor's degree in Finance, Accounting, Business Administration, or a related field; 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.
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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