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For Companies At a Glance
- Tasks: Lead financial strategy for a £200 million division and drive institutional change.
- Company: Join a dynamic finance team in a professional services environment focused on sustainability.
- Benefits: Enjoy competitive salary, leadership opportunities, and a chance to shape financial services.
- Why this job: Make a real impact by developing financial strategies that align with institutional goals.
- Qualifications: Must be a qualified accountant with extensive senior finance leadership experience.
- Other info: Ideal for those passionate about finance in the Higher Education Sector.
The predicted salary is between 72000 - 108000 £ per year.
Finance Director
Finance Service, Professional Services
Do you have exceptional leadership qualities? Are you able to provide strategic direction ensuring financial sustainability? Can you collaborate successfully at a senior level to drive institutional change?
Role Overview:
Reporting to the Director of Finance, you will be the Finance Director for a division with an annual income of £200 million. You will play a significant role in scoping and developing the overall strategy. You will also have a finance leadership role within the finance community, contributing to the strategic agenda and development of the finance service.
Key Responsibilities:
- Develop and execute a unified Financial Service strategy.
- Build strong working relationships with colleagues in Financial Services and Management Accounting.
- Share and develop best practices with other lead finance managers.
- Represent the division on the Finance Executive team and engage local finance managers in service development.
- Provide leadership in developing an effective and efficient service across the division.
- Lead the vision and implementation of the finance strategy in line with institutional goals and priorities.
- Take a lead role on some Finance Service projects and provide input to others.
Specific Duties:
- Support the organisations’ mission by balancing reputational and financial considerations.
- Lead and implement significant elements of the strategy.
- Manage all aspects of financial management, reporting, and research grant management.
- Develop a comprehensive and sustainable financial strategy.
- Ensure robust financial planning, budget monitoring, and control.
- Provide financial information and advice for new initiatives, strategic reviews, major funding bids, and commercial partnerships.
- Ensure effective research grant planning and management.
- Engage with external bodies and participate in commercial negotiations.
- Ensure high standards of financial performance management, reporting, budgeting, and forecasting.
- Ensure compliance with financial procedures and year-end accounting.
Qualifications and Experience:
- Professionally qualified accountant (ACA, ACCA, CIMA, CIPFA).
- Extensive experience in leadership and management in a senior finance role.
- Proven ability to lead and manage a significant and diverse team.
- Experience in delivering strategic and operational objectives through large and complex change projects.
- Ability to work effectively under pressure with multiple stakeholders and tight deadlines.
- Highly developed interpersonal, influencing, and negotiating skills.
- Appreciation of financial challenges in the current economic climate.
- Ability to manage and maintain service quality and coordinate services at the departmental level.
- Proficiency in Microsoft Office applications and experience with mainframe accounting systems.
Desirable:
- Experience in a finance role within the Higher Education Sector.
- Understanding of relevant legislative and statutory frameworks, including company and charity law.
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Financial Director employer: Hays
Contact Detail:
Hays Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Director
✨Tip Number 1
Make sure to highlight your leadership experience in finance roles during networking events. Connect with professionals who are already in senior positions within the finance community, as they can provide valuable insights and potentially refer you to opportunities.
✨Tip Number 2
Stay updated on current financial trends and challenges, especially those affecting the higher education sector. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the industry.
✨Tip Number 3
Engage in discussions on platforms like LinkedIn about financial strategies and best practices. Sharing your thoughts and insights can help you build a professional reputation and connect with key decision-makers in the field.
✨Tip Number 4
Consider reaching out to current or former employees of the organization to gain insider knowledge about their finance strategy and culture. This can give you an edge in understanding what they value in a Finance Director.
We think you need these skills to ace Financial Director
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your leadership experience and strategic financial management skills. Use specific examples from your past roles that demonstrate your ability to manage large teams and deliver on complex projects.
Craft a Compelling Cover Letter: In your cover letter, emphasize your qualifications as a professionally qualified accountant and your extensive experience in senior finance roles. Discuss how your background aligns with the key responsibilities of the Finance Director position.
Showcase Relevant Experience: When detailing your work history, focus on experiences that relate directly to the job description. Highlight any previous roles where you developed financial strategies or managed significant budgets, especially in the context of institutional goals.
Demonstrate Interpersonal Skills: Since the role requires collaboration at a senior level, provide examples of how you've successfully built relationships with stakeholders. Mention any experience you have in negotiating or influencing decisions within a finance context.
How to prepare for a job interview at Hays
✨Showcase Your Leadership Skills
As a Finance Director, demonstrating your exceptional leadership qualities is crucial. Prepare examples of how you've successfully led teams and driven institutional change in previous roles.
✨Understand the Financial Strategy
Familiarize yourself with the financial strategy of the organization. Be ready to discuss how you can contribute to developing and executing a unified Financial Service strategy that aligns with institutional goals.
✨Build Relationships
Highlight your ability to build strong working relationships with colleagues in Financial Services and Management Accounting. Share specific instances where collaboration led to successful outcomes.
✨Prepare for Strategic Discussions
Expect to engage in discussions about strategic reviews and major funding bids. Prepare insights on how to balance reputational and financial considerations while ensuring compliance with financial procedures.
