At a Glance
- Tasks: Lead financial strategy and governance for a major research and innovation organisation.
- Company: Join UKRI, a leader in research and innovation with a collaborative culture.
- Benefits: Enjoy flexible working, generous leave, and access to a Civil Service pension.
- Other info: Engage with top government and industry leaders while shaping strategic priorities.
- Why this job: Make a real impact on the UK's research landscape and drive innovation.
- Qualifications: Extensive experience in financial leadership within large organisations required.
The predicted salary is between 75000 - 117800 € per year.
Chief Financial Officer, UKRI
Contract Term: This is a permanent, open-ended position.
Please note, this role includes regular travel to sites across the UK and international travel on occasion.
Direct Reports: The postholder will have line management responsibility for ~7 direct reports which includes roles such as Chief Information Officer, Finance Director and General Counsel & Head of Legal.
Successful candidates will be encouraged to take up their appointment as soon as possible, following the successful completion of pre-appointment checks and security clearance.
Security Level: The successful candidate must hold, or be willing to undergo, Developed Vetting (DV) security clearance.
We bring together nine executive council partners (the seven Research Councils plus Innovate UK and Research England) with a shared vision to ensure the UK maintains its world-leading position in research and innovation.
UKRI also provides coordinated strategic advice to the Secretary of State for Science, Innovation and Technology on the balance of funding between research disciplines.
Any knowledge-driven economy must support curiosity-driven research to provide the novel ideas that underpin the application of research, which ultimately leads to innovative companies that deliver the products and services which change our lives.
We employ around 9,000 staff who support some of the world’s most exciting and challenging research projects.
We develop and operate some of the most remarkable scientific facilities in the world and work collaboratively with industry, academia and government in exciting partnerships.
Supporting skills and talent, from doctoral training to leadership in academia, industry and the public sector.
Building and sustaining national research infrastructure, including major facilities, data capabilities and digital platforms.
Driving place-based growth, supporting clusters and strengthening local innovation ecosystems across the UK.
The Chief Financial Officer (CFO) is a senior strategic leader and principal adviser to the Chief Executive Officer (CEO) and Board. As a principal decision-maker, the CFO provides organisation-wide leadership across the following UKRI functions:
- finance
- legal
- digital and data
- risk and assurance
Alongside the CEO, the CFO is an executive member of the UKRI board.
The CFO is responsible for ensuring the organisation manages public money with strong governance, effective stewardship of public funds, and the highest standards of financial management, assurance and control.
They should provide strategic leadership on all aspects of public sector finance. They must ensure that financial decisions are robust, evidence-based, and aligned with government priorities and the organisation’s statutory responsibilities.
The CFO leads the organisation’s engagement with Spending Reviews and wider fiscal planning, ensuring that:
- financial forecasts are credible and sustainable
- the organisation can demonstrate strong financial management to ministers, the sponsoring department, HM Treasury, and other stakeholders.
Working in close partnership with the CEO, the CFO plays a central role in shaping and delivering UKRI’s long-term strategic vision.
The role requires a deep understanding of the political, economic and societal context in which UKRI operates, translating external drivers and risks into clear strategic priorities and operational plans.
The CFO also manages a number of senior leaders across UKRI, building organisational capability and resilience.
Externally, the CFO will build confidence and engage at the highest levels of Government, industry, academia and with international partners.
The CFO will be a member of the Executive Committee and the UKRI Board, carrying overarching responsibility for managing finance and commercials across the UK Research & Innovation portfolio worth ~£10Bn.
The CFO will establish and maintain a legally robust, risk-based governance and control framework that supports confident decision-making and delivery.
They will lead engagement with the Government Internal Audit Agency and the Audit Committee, providing clear assurance to the Accounting Officer and Board on the effectiveness of governance, risk management and internal control.
They will also serve as a non-executive director on UKRI spin-out company boards where required, offering governance, challenge and commercial insight to support growth and protect public value.
Guiding the development and execution of UKRI’s long-term strategy, exercising sound judgement in balancing DSIT objectives, financial constraints, and emerging national opportunities to position UKRI as a world-leading research and innovation organisation.
Overseeing day-to-day executive operations as a core member of the Executive Committee, with direct accountability for finance, digital, data, risk and legal, across UKRI’s entire portfolio.
Representing the CEO and UKRI at high-level engagements, deploying strong influencing skills to build trust with industry, and steward key relationships at central and local government levels, as well as with major customers, strategic partners and corporate service providers.
Serving as a non-executive director on UKRI spin-out boards as required, bringing strong governance, commercial insight, and independent judgement to high-growth ventures.
Extensive experience holding enterprise-wide responsibility for financial probity, governance, and the effective delivery of financial outcomes within a large, complex organisation.
Strong understanding of the drivers of UK economic growth, including wider policy, sectoral, and market trends that shape national research and innovation priorities.
Exceptional relationship-building and stakeholder management skills, with the ability to establish credibility quickly and build productive partnerships with industry, central and local government, universities, and other external institutions.
Demonstrated commitment to personal growth, organisational learning, and continuous improvement, contributing to a culture of high performance and innovation.
Flexible Working: ~30 days annual leave + Public Holidays ~ Access to Civil Service Pension Scheme ~ Various everyday discounts through our dedicated provider.
Chief Financial Officer - CFO (Contract) employer: UK Research and Innovation
UKRI is an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration across the research and innovation landscape. With a commitment to employee growth, UKRI provides extensive professional development opportunities, flexible working arrangements, and a generous benefits package including ~30 days of annual leave and access to the Civil Service Pension Scheme. Located at the heart of the UK's research community, employees are empowered to make a meaningful impact while engaging with top-tier stakeholders in government, industry, and academia.
StudySmarter Expert Advice🤫
We think this is how you could land Chief Financial Officer - CFO (Contract)
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy to reach out on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their mission and values, especially how they align with your experience in finance and governance. This will help you tailor your responses and show that you’re genuinely interested in the role.
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills and experiences make you the perfect fit for the CFO role. Focus on your leadership style, financial acumen, and how you can contribute to UKRI’s strategic vision.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us. So, go ahead and hit that apply button!
We think you need these skills to ace Chief Financial Officer - CFO (Contract)
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the CFO role. Highlight your experience in financial management, governance, and strategic leadership, as these are key aspects of the job. We want to see how your background aligns with our mission at UKRI!
Showcase Your Leadership Skills:As a CFO, you'll be managing a team and influencing key stakeholders. Use your application to demonstrate your leadership style and any successful projects you've led. We love seeing examples of how you've built relationships and driven results!
Be Clear and Concise:When writing your application, keep it straightforward and to the point. Use clear language to convey your achievements and qualifications. We appreciate a well-structured application that makes it easy for us to see why you're a great fit for the role.
Apply Through Our Website:Don't forget to submit your application through our official website! This ensures that we receive all your details correctly and can process your application smoothly. We can't wait to hear from you!
How to prepare for a job interview at UK Research and Innovation
✨Know Your Numbers
As a CFO, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've used data to drive strategic decisions in previous roles. This shows you can handle the financial responsibilities of the position.
✨Understand the Landscape
Familiarise yourself with the current political, economic, and societal context affecting UKRI. Be prepared to discuss how these factors influence financial strategies and decision-making. This will show that you’re not just a numbers person but also a strategic thinker.
✨Build Rapport with Stakeholders
Your role will involve engaging with various stakeholders, from government officials to industry leaders. Practice articulating your vision and how you plan to build relationships. Highlight any past experiences where you've successfully managed stakeholder expectations.
✨Demonstrate Leadership Skills
As a senior leader, you’ll need to showcase your ability to manage teams effectively. Prepare examples of how you've built organisational capability and resilience in your previous roles. This will illustrate your readiness to lead a diverse team at UKRI.