At a Glance
- Tasks: Lead financial strategy and decision-making for impactful initiatives at Newcastle Building Society.
- 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: Dynamic role with opportunities for professional growth and development.
- Why this job: Shape meaningful change and make a lasting impact in a supportive environment.
- Qualifications: Strong finance background 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 at kate.wilkinson@newcastle.co.uk
Director of Strategic Finance in Newcastle upon Tyne employer: Newcastle Financial Advisers Limited
Newcastle Building Society is an exceptional employer, offering a competitive salary and a comprehensive benefits package that includes a corporate bonus scheme, generous pension contributions, and flexible working arrangements. Our inclusive work culture fosters professional growth and collaboration, allowing employees to thrive in a supportive environment while making a meaningful impact on the community we serve in Newcastle Upon Tyne.
Contact Details:
Newcastle Financial Advisers Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Director of Strategic Finance in Newcastle upon Tyne
✨Tip Number 1
Network like a pro! Reach out to your connections on LinkedIn or at industry events. We all know that sometimes it’s not just what you know, but who you know that can help you land that Director of Strategic Finance role.
✨Tip Number 2
Prepare for those interviews by researching the company inside out. Understand their financial strategies and be ready to discuss how you can contribute to their goals. We want you to shine and show them why you’re the perfect fit!
✨Tip Number 3
Practice makes perfect! Get a friend to do mock interviews with you. This will help you articulate your thoughts clearly and confidently. We believe in you, so let’s make sure you’re ready to impress!
✨Tip Number 4
Don’t forget to follow up after your interview! A simple thank-you email can go a long way in showing your enthusiasm for the role. We’re all about making connections, so keep that communication going!
We think you need these skills to ace Director of Strategic Finance in Newcastle upon Tyne
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Director of Strategic Finance role. Highlight relevant experience and skills that align with 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. Share specific examples of your strategic finance experience and how you can contribute to our mission.
Showcase Your Leadership Skills:Since this role involves leading a team, be sure to highlight your leadership experience. Talk about how you've fostered high-performing teams in the past and how you plan to do the same with us at StudySmarter.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss any important updates from us!
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 requires strong relationships with senior stakeholders. Before the interview, think about how you can showcase your ability to build trust and collaborate effectively. Share specific instances where you’ve successfully partnered with others to drive strategic initiatives.
✨Prepare for Scenario Analysis
Expect questions that test your ability to evaluate strategic options. Familiarise yourself with scenario analysis techniques and be prepared to discuss how you would apply them in real-world situations. Bring examples of past experiences where you’ve conducted similar analyses.
✨Showcase Leadership Skills
As you’ll be leading a team, it’s crucial to highlight your leadership style. Think about how you can convey your approach to developing high-performing teams and fostering an inclusive environment. Be ready to share stories that illustrate your leadership journey and successes.
