At a Glance
- Tasks: Lead the Finance Team and manage budgets for a top-rated pharmacy school.
- Company: Join UCL, one of the world's leading universities in pharmacy education.
- Benefits: Enjoy competitive pay, great benefits, and a commitment to diversity and inclusion.
- Other info: Be part of a dynamic team with excellent career growth opportunities.
- Why this job: Make a real impact in financial management at a prestigious institution.
- Qualifications: Degree level education or significant 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).
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
We offer good 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: UK Dementia Research Institute
UCL is an exceptional employer, offering a dynamic work environment within one of the UK's leading pharmacy schools. With a strong commitment to equality, diversity, and inclusion, UCL fosters a culture of collaboration and innovation, providing ample opportunities for professional growth and development. Employees benefit from competitive remuneration, comprehensive support for career advancement, and the chance to contribute to impactful research in a vibrant London setting.
Contact Details:
UK Dementia Research Institute Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Finance Manager
✨Tip Number 1
Network like a pro! Reach out to current or former employees at UCL, especially in the finance department. A friendly chat can give us insider info and might even lead to a referral.
✨Tip Number 2
Prepare for the interview by diving deep into UCL's financial practices and recent projects. Show us you’re not just another candidate; demonstrate your passion for their mission and how you can contribute.
✨Tip Number 3
Practice common finance manager interview questions with a mate. We want you to feel confident discussing budget management and financial strategies, so get those answers polished!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you’re serious about joining the UCL family.
We think you need these skills to ace Finance Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Finance Manager role. Highlight your relevant experience, especially in financial management and budgetary control, to show us you’re the perfect fit for our team.
Craft a Compelling Cover Letter:Your cover letter should tell us why you want to join UCL and what you can bring to the table. Be specific about your achievements and how they align with the responsibilities of the role.
Showcase Your Skills:Don’t forget to showcase your analytical skills and experience with financial systems. We want to see how you’ve used these skills to solve problems and improve processes in your previous roles.
Apply Through Our Website:Make it easy for us to find your application by applying through our website. It’s the best way to ensure your application gets the attention it deserves!
How to prepare for a job interview at UK Dementia Research Institute
✨Know Your Numbers
As a Finance Manager, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've managed budgets, forecasts, and reconciliations in previous roles. Show them you can handle the numbers with confidence!
✨Understand UCL's Financial Landscape
Familiarise yourself with UCL's financial systems and reporting tools. Research their current financial strategies and challenges, especially in relation to research grants. This will help you tailor your answers and show that you're genuinely interested in contributing to their goals.
✨Leadership is Key
Since this role involves leading a finance team, prepare examples of how you've successfully managed and motivated teams in the past. Think about specific challenges you faced and how you overcame them to ensure high-quality service delivery.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills. Practice articulating how you would handle budget overruns or discrepancies in financial reports. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly.