At a Glance
- Tasks: Lead financial accounting, reporting, and compliance for the University.
- Company: Dynamic University with a focus on financial integrity and innovation.
- Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Join a vibrant team in a collaborative office environment.
- Why this job: Make a real impact on financial governance in higher education.
- Qualifications: Strong accounting expertise and leadership skills required.
The predicted salary is between 60750 - 74250 £ per year.
The Role and the Department
The Head of Financial Accounting is a pivotal senior leadership role within the Finance Department, reporting directly to the Director of Finance and playing a critical part in safeguarding the University's financial integrity, regulatory compliance and reputation.
As the University's lead technical accounting expert, the postholder is responsible for leading the Financial Accounting function, encompassing financial reporting, treasury and cash management, balance sheet oversight, financial controls and the management of the external audit relationship.
The role is fundamental to maintaining a robust financial control environment and ensuring compliance with all relevant accounting standards, regulatory requirements, governance obligations and sector-specific reporting frameworks.
As a member of the Finance Department Senior Leadership Team, the postholder provides strategic advice and expert guidance on complex accounting, financial governance and compliance matters, helping to support informed decision-making and effective risk management across the institution.
The role is particularly important in a period of increasing regulatory scrutiny and significant change within the higher education sector.
The postholder will lead the University's response to evolving accounting and reporting requirements, ensuring the continued integrity, accuracy and timeliness of financial information used for statutory reporting, regulatory submissions, management decision-making and external stakeholder assurance.
This is a highly influential and business-critical role with significant responsibility for protecting the University's financial standing, supporting organisational success and ensuring confidence in its financial management and reporting.
The role offers hybrid working with a minimum of 40% office based per week however may increase to meet business needs, eg month end, audit etc.
The base location for this role is Boldon House, our exciting new professional services hub.
Boldon House brings a number of professional services teams together in a vibrant office environment which supports collaborative working and is designed to embrace hybrid working.
To find out more, visit the project webpage.
Financial Accounting Manager - Hybrid working in Durham employer: Durham University
Durham University is an exceptional employer, offering a collaborative and supportive work culture that fosters professional growth and development. As a Strategic Pre-Award Grants Manager, you will benefit from a dynamic environment that values innovation and teamwork, while also enjoying access to comprehensive training opportunities and a commitment to work-life balance in the vibrant city of Durham.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Accounting Manager - Hybrid working in Durham
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Durham University. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Financial Accounting Manager - Hybrid working in Durham
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Durham University.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Durham University's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Durham University
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Durham University.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Durham University will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Durham University employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
