At Challenge Works, we design and run challenge prizes to spark innovation in science, technology and society. We are part of Nesta, the research and innovation foundation. Our challenge prizes offer a series of incentives in return for solving a defined challenge, creating breakthrough innovations, helping innovators thrive, and unlocking systemic change. We are innovation experts, embedded in science, technology and entrepreneurship. We are problem-centred, drawing on insights from lived experience and sector experts to create positive change. We are thought leaders in using innovation to drive impact. We have run over 100 challenge prizes awarding over £370m on behalf of public, private and philanthropic funders around the world. Some of our current prizes and programmes include the Water Innovation Fund, the Longitude Prize on ALS and the Good Start challenge.
Challenge Works is looking for an Operations Manager to play a critical role in the smooth running of the team, reporting into our Head of Operations and working with our Programme, Communications and Research teams, as well as Nesta's central Finance, People and Legal teams. You will support the smooth, effective and sustainable running of key operational areas like financial reporting, project budgeting, management information, recruitment and learning and development, working with existing processes as well as designing and implementing new ones where you see opportunities for us to improve.
The Role - what you'll do
Manage CW finances through our programmes and proposals
Go-to point of contact for our programme teams on their budgets:
Checking variances and how these impact our overall Challenge Works financial position
Advice and signposting to team members on our financial processes (budgeting, re-forecasting and tracking).
Feed into CW-wide management information to guide strategic decisions
Manage the Challenge Works central budget—overseeing the tracking of income, expenditure, and processing invoices accurately
Work with the Head of Operations to improve financial monitoring across Challenge Works, collaborating with Nesta Finance to improve grant management and programme reporting.
Consolidate utilisation and financial data into clear dashboards for leadership.
Develop our CW t...
Operations Manager in London employer: Nesta
Nesta is an exceptional employer that fosters a dynamic and inclusive work culture, perfect for those passionate about driving innovation in the UK startup ecosystem. With a strong emphasis on employee growth, you will have access to unique opportunities for professional development while working in the vibrant city of London, where collaboration and creativity thrive. Join us to make a meaningful impact and be part of a community dedicated to shaping the future.