Senior Financial Manager

2 weeks ago


South East England, United Kingdom NIHR (National Institute for Health and Care Research) Full time £56,400 - £59,500
Job Description

About the Role

The National Institute for Health and Care Research (NIHR) is seeking a highly skilled and dynamic Financial Manager to join our dedicated team. This pivotal role involves coordinating the financial management of NIHR's extensive research funding portfolio.

Main Responsibilities

  • Accountability for the quality, accuracy, and timely completion of quarterly outturns and forecasts of expenditure for the research budgets.
  • Working closely with colleagues to understand financial reporting and monitoring requirements and to develop reporting structures and processes.
  • Ensuring that there are appropriate systems for issuing contracts and variations to contracts.
  • Implementation of systems and operational improvements to continually develop the finance function.
  • Ensure robust systems are in place to review the cost information provided in research funding applications, in order to ensure the best value for money for research funded by NIHR/DH and NHS England.
  • To lead on finance initiatives of strategic importance to customers.
  • Supervise the finance and contracts team to work to best practice.
  • Ensuring management has access to relevant and accurate management information.

Financial Management of the GMG Budget

In this position, you will be supporting the Assistant Director in ensuring that the budget (£19m PA) is managed in line with the requirements of the LGC Divisional and Group Finance teams and customers:

  • Working with the LGC Divisional Finance team to ensure that an accurate P&L for GMG is produced on a monthly basis, resolving accounting issues as required.
  • Contributing to the Divisional reporting pack, including providing a monthly commentary on performance versus budget, and reporting performance.
  • Ensuring that customers are invoiced in a timely and accurate manner.
  • Preparing an annual budget and quarterly forecasting for GMG.
  • Monitoring and reporting on variances/trend and advising leadership.
  • Providing financial support for winning new business, producing cost and pricing models.
  • Ensuring that management has access to relevant and accurate management information.

Cost Modelling

  • Work with the business to identify cost drivers.
  • Develop a cost model to estimate cost required for new and existing areas of the business.
  • Continuously evaluate the model and propose changes when necessary.
  • Support the business in the use of the model.

Qualifications & Experience

Required Criteria

  • Qualified accountant (ACA, ACCA, or CIMA) with significant post-qualification experience.
  • Experience of management of research finances in an NHS and/or HEI setting.
  • Good technical application of financial accounting skills.
  • Previous experience and responsibility for divisional reporting requirements.
  • Validated experience of building strong working relationships with operational teams.
  • Experience of taking a significant role in systems implementation would be advantageous.
  • Experience of creating and leading robust and sophisticated processes.
  • Expertise in financial modelling and forecasting.
  • Ability to coach, develop, and empower people.
  • Comfortable working in a demanding and evolving environment.
  • Capable communicator with the ability to establish credibility with key customers.
  • Analytical approach and ability to challenge numbers and people.
  • Comfortable working as an organisational lead and subject matter expert.

Salary & Benefits

£56,400 to £59,500 PA (higher for exceptional candidates)

Bonus - subject to company performance

25 days annual leave, plus public holidays (UK)

Enhanced contributory pension scheme

Life Insurance

Benenden Healthcare

Season Ticket Loan

Laptop, IT equipment, and remote IT support

This is a hybrid role with an expectation for all employees to attend our offices a minimum of two to three days a week.



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