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Contract Research Finance Lead
3 months ago
**Salary**: £33,966 to £36,024 with progression £44,263
Newcastle University is a great place to work, with excellent benefits. We have a generous holiday package; plus the opportunity to buy more, great pension schemes and a number of health and wellbeing initiatives to support you.
**Closing Date**: 16 February 2024
The Role
Newcastle University Finance Hub is a large team of skilled and experienced colleagues who manage the financial business activities of the University. We provide a professional and proactive service to our students, colleagues and stakeholders. We are committed to supporting the personal and professional development of our team.
We have an exciting opportunity for a Contract Research Finance Lead within our Contract Financial Management team. The team provides expert funder advice and financial management for University research and non-research projects, which can involve multi-million-pound budgets and multiple domestic and overseas institutions.
This is a broad-based role which provides plenty of interest and variety. You will lead a team of up to ten colleagues, take responsibility for a diverse portfolio of projects and use your initiative and judgement to make decisions and resolve problems.
We are looking for a confident communicator who can build positive relationships with colleagues and stakeholders. You must be able to work under pressure and provide expert guidance on complex research projects. To thrive in the role you will be able to support and develop individuals to reach their potential and provide an excellent service.
This is a full time open ended (or flexible) post and blended working is available.
Key Accountabilities
Leadership of a team (of up to 10 research finance colleagues) within CFM responsible for the financial management and accounting of projects
Ensuring University staff adhere to funder contractual obligations and deadlines for up to 1,000 current projects, with a total value of up to £150m
Actively participate in the recruitment, training and development of colleagues within CFM
Provide expertise and guidance to staff within the team on relevant SAP and University procedures and funder regulations
Take responsibility for the production of claims for the more complex and high-profile projects to strict deadlines, in accordance with funder regulations and University policies
Develop and implement effective post award processes to meet the requirements of the Deputy Directors of Financial Performance and Financial Services
Work collaboratively with the CFM Finance Manager, Research Finance and Financial Service teams to deliver a proactive, and seamless post award finance process for grant holders and other internal stakeholders
Liaise with external auditors and schools to ensure that research projects are audited in accordance with specific sponsor requirements
Liaise with external funders on the production of financial statements, resolution of queries and understanding of changing funder requirements
Manage the creation of projects in the SAP financial management system, in order to facilitate the most effective structure to allow appropriate controls
Oversee the maintenance and update of data on the SAP financial management system relating to projects (e.g. structure, budget and timescale)
Direct and implement the timely closure of completed and reconciled projects
Widen the general understanding of post award project finance through the preparation and delivery of courses/workshops across stakeholder groups
Work with colleagues in the CFM management team to contribute to the continuous improvement of operational systems and processes, and to develop and share best practice
The Person
Knowledge, Skills and Experience
Experience of working within a financial environment and offering a high quality level of financial support on external grants to both internal stakeholder and external funding bodies
Excellent interpersonal and organisational skills to build relationships with key stakeholders and advise non-finance staff of the possible implications of non-compliance with funders’ financial regulations
Possess strong oral and written communication skills and have highly developed IT knowledge
Excellent numeracy skills displaying accuracy and attention to detail
As an effective team player, you will be highly motivated and organised, adaptive to change and should display initiative in bringing forward new ideas coupled with a practical approach to problem solving
Experience of working in a multi disciplinary team, to ensure effective working relationships between CFM and other internal sections and external bodies
Experience of staff management and ability to lead and develop individuals
Previous experience using SAP accounting software
Working knowledge of costing and pricing issues
Appreciation of VAT and foreign currency issues
Attributes and Behaviour
Effective leadership of the team to ensure high quality financial support deliv
