Financial Controller

Financial Controller

Full-Time 55000 - 65000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead financial operations and ensure timely reporting for the University.
  • Company: Heriot-Watt University, a dynamic institution with a commitment to diversity.
  • Benefits: Competitive salary, flexible working options, and professional development opportunities.
  • Why this job: Make a significant impact on financial strategy and leadership in a global environment.
  • Qualifications: Accountancy qualifications or equivalent experience, with strong leadership skills.
  • Other info: Join a culture of inclusion and continuous improvement within a supportive team.

The predicted salary is between 55000 - 65000 £ per year.

Heriot-Watt University is a campus-based organisation that also supports connected hybrid working. Flexible working options will also be considered.

The Finance team is one of the Professional Services supporting the University's mission and its strategic priorities. On a day-to-day basis, it delivers a range of financial operations:

  • Routine financial transactional processing in payroll, accounts payable and accounts receivable
  • Sound management accounting, including ensuring the availability of accurate and timely financial management reporting; and effective budgeting and planning
  • Effective operation of financial systems
  • Effective and timely delivery of statutory financial reporting

This role reports to the Global Financial Director and is responsible for providing strategic leadership to all aspects of the Edinburgh Finance Directorate. The role holder will have direct management responsibility for 5 direct reports and overall responsibility for circa 20 FTE. The role-holder will have significant influence on and provide thought leadership on the University's financial control framework and processing activity. The role-holder will also provide financial leadership across the Global University and to the University Executive.

Summary of Key Duties and Responsibilities:

  • Providing a leading edge financial reporting and controlling processes to ensure University reporting meets all internal and external deadlines
  • Ownership of overall control framework within the University and financial policies across the University, instil a rigorous balance sheet review process across the group to minimise risk and ensure credibility of the numbers within the financial ledgers
  • Provide leadership on cash management, cash forecasting and across the general treasury function, in particular management of existing and new covenant lending arrangements
  • Provide leadership for Treasury, Accounts Payable, Accounts Receivable and Financial reporting teams, developing team members
  • Provide leadership on overall fraud management ensuring fraud controls are appropriate for University - both now and in the future
  • Lead, manage and develop the teams responsible for the above processes, ensuring colleagues are trained and supported in their day to day work and longer term career development
  • Lead by example, demonstrating the university values and promoting a culture of customer service and efficiency
  • Drive forward a continuous improvement culture in respect of the control environment, and spread best practice and across the Finance Team and University
  • Completion and submission of Corporation tax, VAT and other relevant taxation forms
  • Lead finance representation on key projects where appropriate
  • Lead relationship with external auditors
  • Deputise for Global Finance Director where appropriate and, as a member of the Finance Leadership team, contribute to the wider strategic development of the function and its services in support of University Strategy

Education, Qualifications & Experience:

Essential:

  • Holds industry recognised accountancy qualifications or equivalent practical experience in the workplace
  • Experience of developing and implementing strategy
  • Demonstrable experience of leading a team that includes multiple layers of management
  • Demonstrable experience of managing resources, workloads and changing priorities for self and others
  • Demonstrable experience of managing change
  • Demonstrable ability to work within a fast‑changing environment
  • Excellent communication and interpersonal skills
  • Excellent influencing skills
  • Good track record of developing and maintaining positive working relationships with internal and external customers, peers, stakeholders and others
  • Technical expert in a relevant discipline/in at least one of the services provided by the Finance Directorate
  • Flexible and resilient
  • Collaborative and proactive

Desirable:

  • ACCA membership
  • Experience of leading complex change
  • Project management skills
  • Experience of operating in a complex global environment

Please send CV and Covering Letter by Friday 24th April. Interviews are expected to take place in early May.

Equality and Diversity:

Heriot‑Watt University is committed to securing equality of opportunity in employment and to the creation of an environment in which individuals are selected, trained, promoted, appraised and otherwise treated on the sole basis of their relevant merits and abilities. Equality and diversity are all about maximising potential and creating a culture of inclusion for all. Heriot‑Watt University values diversity across our University community and welcomes applications from all sectors of society, particularly from underrepresented groups.

We welcome and will consider flexible working patterns e.g. part‑time working and job share options.

Financial Controller employer: Heriot-Watt University

Heriot-Watt University is an exceptional employer that fosters a collaborative and inclusive work culture, offering flexible working options to support a healthy work-life balance. As a Financial Controller, you will have the opportunity to lead a dynamic team while contributing to the strategic financial direction of a globally recognised institution, with ample opportunities for professional growth and development. The university's commitment to equality and diversity, alongside its supportive environment, makes it an ideal place for those seeking meaningful and rewarding employment.
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Contact Detail:

Heriot-Watt University Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Financial Controller

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance sector, especially those who might have insights into Heriot-Watt University. A friendly chat can sometimes lead to opportunities that aren’t even advertised.

✨Tip Number 2

Prepare for the interview by researching the university's financial strategies and recent projects. Show us you’re not just another candidate; demonstrate your knowledge and how you can contribute to their goals.

✨Tip Number 3

Practice your answers to common interview questions, but don’t sound rehearsed. We want to see your personality shine through, so be genuine and let your passion for finance come across!

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the team at Heriot-Watt University.

We think you need these skills to ace Financial Controller

Financial Reporting
Management Accounting
Budgeting and Planning
Financial Systems Operation
Statutory Financial Reporting
Cash Management
Treasury Management
Fraud Management
Team Leadership
Change Management
Communication Skills
Interpersonal Skills
Influencing Skills
Project Management
Accountancy Qualifications

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Financial Controller role. Highlight your relevant experience and skills that match the job description. We want to see how you can bring value to our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role and how your background aligns with our mission at Heriot-Watt University. Keep it engaging and personal.

Showcase Your Leadership Skills: Since this role involves leading teams, be sure to highlight your leadership experience. Share examples of how you've managed teams and driven change in previous roles. We love seeing proactive leaders!

Apply Through Our Website: Don't forget to apply through our website! It’s the best way to ensure your application gets to us directly. Plus, you’ll find all the details you need about the role and our values there.

How to prepare for a job interview at Heriot-Watt University

✨Know Your Numbers

As a Financial Controller, you’ll need to demonstrate your expertise in financial reporting and management. Brush up on key financial metrics and be ready to discuss how you've used them in past roles. This shows you’re not just familiar with the numbers but can also interpret and leverage them effectively.

✨Showcase Leadership Skills

This role involves leading teams and managing resources. Prepare examples of how you've successfully led teams through change or improved processes. Highlight your ability to develop team members and foster a culture of continuous improvement, as this aligns with the university's values.

✨Understand the University’s Mission

Familiarise yourself with Heriot-Watt University's mission and strategic priorities. Be prepared to discuss how your financial strategies can support these goals. This demonstrates your commitment to the organisation and shows that you’re thinking beyond just the numbers.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving skills in real-world scenarios. Think about challenges you've faced in financial management, such as fraud prevention or cash forecasting, and how you addressed them. This will help you illustrate your practical experience and strategic thinking.

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