The Head of Capital and Treasury is a senior finance leadership role responsible for providing strategic leadership for the Council's capital programme, treasury management, borrowing and investment activities. The postholder will ensure that capital resources are planned, financed and managed effectively to support the Council's strategic priorities whilst maintaining financial sustainability and regulatory compliance.
Working closely with Corporate Directors, Executive Members, the Section 151 Officer and external partners, the role will lead the development of the Capital Strategy, Treasury Management Strategy and associated investment programmes, ensuring robust governance, affordability and value for money.
The postholder will act as the principal financial advisor on capital investment, infrastructure projects, regeneration schemes, asset management and treasury matters, supporting informed decision-making and long-term financial resilience.
Acting as the Council's principal financial adviser on capital investment, infrastructure projects, regeneration schemes, asset management and treasury matters.
You'll lead the development and of the Council's Capital Strategy, Capital Programme and Treasury Management Strategy.
Providing strategic leadership for treasury management, borrowing, investments, cash management and capital financing investment risk, and corporate governance – managing relationships with external fund managers, overseeing cashflow forecasts and lending limits, and ensuring every investment decision is underpinned by robust due diligence.
The reality of the role:
Nottingham has undergone one of the most dramatic debt reductions in local government. Our external debt has fallen from £932.8m in 2021 to £435.7m by March 2026 – a 53.3% reduction. The Capital Financing Requirement has reduced by 17.1%, from £1,411.0m to £1,169.2m. The council repaid £287m of long-term loans during 2025/26. The capital programme for 2025/26 to 2029/30 stands at £746.779m, funded entirely from grants, capital receipts, revenue contributions, and reserves – with no borrowing. Your challenge will be to manage this programme within a fully funded envelope, ensuring the council continues to invest in its priorities while maintaining the discipline that has restored financial credibility.
Your work will shape how the council funds its ambitions – ensuring that every pound we invest delivers maximum value for residents. You'll be influencing the direction of capital investment across the city. And you'll build and lead a team that shares your commitment to excellence, integrity, and innovation.
You’ll bring: Clear capital finance, Treasury and investment management with risk management competencies; detailed knowledge of financial regulations; and the ability to influence strategic direction across a range of services. CCAB qualified with evidence of continuing professional development.
Shape the future of public finance. Lead here.
We Offer
- Local Government Pension Scheme – one of the most generous in the country.
- Hybrid working – flexibility to balance office and home.
- Flexible working arrangements.
- Ongoing learning and development.
- A supportive, inclusive culture.
- Up to 26 days annual leave, plus bank holidays increasing with time served.
- Employee wellbeing support.
Our Commitment to Inclusion
We are proud to be an inclusive employer where everyone is valued and respected. We want our workforce to reflect the communities we serve.
We particularly welcome applications from:
- Black, Asian and Minority Ethnic communities.
- LGBT+ communities.
- Disabled people.
Disability Confident Employer – guaranteed interview scheme available
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Contact Details:
Nottingham City Council LA Recruitment Team
