At a Glance
- Tasks: Lead financial strategy and decision-making for Newcastle Building Society Group.
- Company: Join a member-owned mutual with a commitment to diversity and inclusion.
- Benefits: Competitive salary, corporate bonuses, flexible working, and generous leave policies.
- Other info: Inclusive culture with opportunities for professional growth and development.
- Why this job: Shape meaningful change and make a lasting impact in a dynamic environment.
- Qualifications: Strong strategic finance experience and ability to build relationships with senior stakeholders.
The predicted salary is between 70000 - 90000 £ per year.
About the Role
Reporting to the Chief Financial Officer, the Director of Strategic Finance will lead the financial direction, challenge and decision-making across all strategic initiatives for the Newcastle Building Society Group. This role will play a central part in supporting the CFO and wider Group to define and model a range of strategic outcomes, drawing on both internal expertise and external market insight. You will bring thoughtful challenge to the current state and provide strong financial guidance to support the organisation’s journey towards its target future state. This is a unique opportunity to shape meaningful change and make a lasting impact across the Society.
You will also provide leadership across several key finance functions, including Decision Support. In doing so, you will help foster a forward-looking, insight-led culture that enables confident, well-informed and value-focused decision-making across the business.
About You
You will be a trusted strategic finance partner, building strong relationships with a wide range of senior stakeholders and offering clear financial advice alongside constructive and balanced challenge. Working collaboratively with Group Finance colleagues and business leaders, you will help shape and align strategic priorities, ensuring decisions deliver sustainable organisational value while recognising key considerations such as capital and liquidity.
You will contribute significantly to the evaluation of a broad spectrum of strategic options—from incremental change through to more significant transformation—within the Recovery and Resolution Plan, supported by robust financial modelling and scenario analysis. You will also support the creation of clear, insightful reporting and presentations for the Board and senior leadership, helping to build a shared understanding of performance and future direction.
In leading a team of Strategic Finance Partners, you will create an inclusive, high-performing environment where individuals feel supported to grow and succeed. You will develop trusted professionals who can bring strategic thinking to life through practical, actionable plans and strong partnerships across the organisation.
You will work closely with Finance, Commercial and ALM teams to strengthen forecasting, modelling, pricing and corporate planning processes, while continuing to evolve financial tools and scenario analysis within the budgeting and long-term planning cycles. Through thoughtful review of performance and forecasts, you will provide forward-looking insights that inform both immediate decisions and longer-term strategy. Acting as a deputy to the CFO on strategic initiatives, you will bring confidence and credibility to executive-level discussions and play a key role in shaping plans over a three- to five-year horizon and beyond.
About Us
Group Finance Our functional vision is built on leadership, partnering for value, building specialised teams and ensuring our technology roadmap is based on future focused systems. The Financial Operations & Control function brings together all operational activities and centres of excellence within Finance. This includes everything from closing the ledger, through to regulatory reporting and technical accounting, as well as accounts payable and payroll. As an inclusive employer and member owned mutual, we aim to reflect the diverse communities we serve and encourage applications from candidates of all backgrounds. We believe everyone should feel valued, respected, and celebrated for who they are, we want colleagues to feel this is a place they belong. A place to be you.
What do you get in return?
- Financial
- Corporate bonus scheme (on target 20%, up to a maximum 30%)
- Pension scheme (up to 9% employer contribution)
- Annual performance related pay reviews
- Colleague mortgage scheme
- Electric car salary sacrifice scheme
- Life assurance (4x salary) and income protection
- Access to our financial advisers
- Access to a range of high street and online discounts
- Work/Life Balance
- A 35-hour weekly contract - We are happy to talk flexible working and welcome discussions
- 30 days’ annual leave + bank holidays
- The option to buy and sell up to 5 days’ holiday
- Hybrid working (typically 3 days’ home based)
- Above statutory family leave entitlement - 3 months full pay, 3 months half pay, regardless of gender or route to parenthood
- Health and Wellbeing
- Private medical insurance
- Access to a health cash plan through a Medicash scheme
- Access to an employee assistance programme
- Free onsite gym at our Cobalt head office and access to discounted gyms
- Two paid volunteering days each year
- Cycle to work scheme
Recognising there’s no one-size-fits-all approach to recruitment, we’re committed to ensuring every candidate has the opportunity to showcase their full potential throughout the recruitment process. We strive to make our processes as accessible as possible, if there are any ways in which we can provide support or make adjustments, we would love to discuss this with you, you can contact your Recruiter for this vacancy.
Director of Strategic Finance employer: Newcastle Financial Advisers Limited
At Newcastle Building Society, we pride ourselves on being an exceptional employer that fosters a collaborative and inclusive work culture. As the Director of Strategic Finance, you will not only lead impactful financial initiatives but also benefit from a competitive salary, generous leave policies, and a commitment to employee growth through professional development opportunities. Our Cobalt Business Park location offers a vibrant environment with access to modern facilities, including a free onsite gym, ensuring a healthy work-life balance for all our team members.
Contact Details:
Newcastle Financial Advisers Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Director of Strategic Finance
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who might know someone at the Newcastle Building Society. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by diving deep into the company’s recent projects and financial strategies. Show us you’re not just another candidate; demonstrate how your insights can help shape their future direction.
✨Tip Number 3
Practice your pitch! Be ready to articulate your vision for strategic finance and how you can contribute to the organisation's goals. Confidence is key, so rehearse until it feels natural.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who take that extra step.
We think you need these skills to ace Director of Strategic Finance
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Director of Strategic Finance role. Highlight your relevant experience and skills that align with the job description, especially in strategic finance and stakeholder management.
Showcase Your Leadership Skills:Since this role involves leading a team, don’t forget to mention your leadership experiences. Share examples of how you've fostered high-performing teams and created inclusive environments in your previous roles.
Be Clear and Concise:When writing your application, keep it clear and to the point. Use straightforward language and avoid jargon. This will help us quickly understand your qualifications and fit for the role.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people and shows your enthusiasm for joining our team at Newcastle Building Society.
How to prepare for a job interview at Newcastle Financial Advisers Limited
✨Know Your Numbers
As a Director of Strategic Finance, you’ll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how they relate to strategic decision-making. Prepare examples of how you've used financial data to influence business outcomes.
✨Build Relationships
This role involves working closely with senior stakeholders. Think about how you can showcase your relationship-building skills during the interview. Prepare anecdotes that highlight your ability to collaborate and influence others in a finance context.
✨Showcase Strategic Thinking
Be prepared to discuss your approach to strategic planning and decision-making. Bring examples of how you've evaluated different strategic options and the impact of your recommendations. This will show that you can think critically and provide valuable insights.
✨Prepare for Scenario Analysis
Since the role involves financial modelling and scenario analysis, practice discussing various scenarios you’ve worked on. Be ready to explain your thought process and how you arrived at your conclusions. This will demonstrate your analytical skills and forward-thinking approach.
