Finance Manager

Finance Manager

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

  • Tasks: Lead the Finance Team and manage budgets for a top-rated pharmacy school.
  • Company: Join UCL, a leading global university with a commitment to diversity.
  • Benefits: Enjoy competitive benefits and opportunities for professional growth.
  • Other info: Be part of a diverse community that values creativity and innovation.
  • Why this job: Make a real impact in financial management at a prestigious institution.
  • Qualifications: Degree level education or substantial finance experience required.

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

This is an exciting opportunity to join UCL as a Finance Manager in the UCL School of Pharmacy. We are one of the most highly rated pharmacy schools in the UK, comprising four research departments, approximately 250 staff, and over 2000 students. The UCL School of Pharmacy is currently rated 7th in the world by QS Rankings (Pharmacy and Pharmacology) as well as 10th in the Shanghai Ranking (Pharmacy and Pharmaceutical Science). Further information about UCL School of Pharmacy can be found on our website.

To deliver this role effectively you will need a combination of financial acumen and strategic leadership and as well the ability to establish effective and collaborative relationships with a diverse range of people.

About the role:

  • Provide leadership for the Finance Team with line management responsibility for staff within the team, ensuring the team structure meets Divisional and Faculty needs.
  • Support the Director and the Divisional Manager with strategic and operational planning, providing and analysing financial management information as necessary.
  • Lead the Divisional Finance element of sponsored research pre- and post-award processes and funder's terms and conditions, working with Research Services to ensure accurate management of the grant portfolio of the Division.
  • Coordinate the preparation of budgets, monthly variance and quarterly forecasting, year-end processes and annual planning activities for the Division as part of the institutional financial calendar while ensuring they underpin the Divisional Strategy and activities.
  • Manage the Division's financial commitments and review these regularly with the Divisional Manager and Director, highlighting risks to achieving the budget.
  • Lead on all budgets, setting and monitoring these regularly and discussing with budget holders to ensure accounts do not run into deficit.
  • Review, develop and implement financial processes to enhance the Division's economic control, practices and efficiency, ensuring these align with appropriate Faculty and UCL policies.
  • Liaise and coordinate with the Divisional Manager and HR Team Manager regarding new appointments, contract extensions, and replacements, ensuring appropriate authorisation against agreed-upon budgets.
  • Actively implement and ensure good finance practice, minimising charges to the suspense account and clearing any costs charged promptly.
  • Develop and maintain an excellent working knowledge of UCL Finance systems and reporting tools to provide relevant financial information to support decision-making.
  • Act as authorised signatory for purchase orders and expenses within authorised delegated authority limits.
  • Ensure expenditure is appropriate and in line with UCL financial regulations.
  • Provide information to the Divisional Manager and Faculty Director of Operations to approve expenditure where required.
  • Work effectively with the Faculty Management Accountant and wider UCL Finance Team to ensure the Divisional financials are prepared to a high standard and submitted on a timely basis.

About you:

  • Education to degree level or substantial financial management experience.
  • Professional Qualification in accountancy or equivalent knowledge acquired by experience.
  • Experience working in a finance role within a large and complex organisation.
  • Knowledge of research grant administration.
  • Demonstrable experience in effective budgetary management and control, including planning, forecasting and reconciliations.
  • Contracts administration experience.
  • Experience of working in HE in the UK or an equivalent environment.
  • Ability to lead and motivate a team to deliver a high-quality service.
  • Excellent data analysis, interpretation and reporting skills.
  • Ability to analyse problems and proactively identify solutions.

What we offer: As well as the exciting opportunities this role presents, we also offer great benefits.

Our commitment to Equality, Diversity and Inclusion: As London's Global University, we know diversity fosters creativity and innovation, and we want our community to represent the diversity of the world's talent. We are committed to equality of opportunity, fairness and inclusion, and being a place where we all belong. Therefore, we encourage applications from candidates likely to be underrepresented in UCL's workforce. These include people from Black, Asian and ethnic minority backgrounds; disabled people; LGBTQI+ people; and, for our Grade 9 and 10 roles, women. Our department holds an Athena SWAN Silver award, recognising our commitment to advancing gender equality.

Finance Manager employer: UCL

UCL School of Pharmacy is an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation among its diverse staff and student body. With a strong commitment to employee growth, UCL provides numerous professional development opportunities and benefits, ensuring that team members thrive both personally and professionally in one of the UK's leading pharmacy schools. Located in the heart of London, employees enjoy access to a vibrant city life while contributing to impactful research and education in a supportive and inclusive culture.

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Contact Details:

UCL Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Finance Manager

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like UCL. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Finance Manager

Financial Acumen
Strategic Leadership
Team Management
Budget Preparation
Financial Analysis
Research Grant Administration
Budgetary Management

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to UCL.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on UCL's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at UCL

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with UCL.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at UCL will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former UCL employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.