Senior Financial Analyst

University of Glassgow
July 29, 2024
Contact:N/A
Offerd Salary:£48,350 - £56,021
Location:N/A
Working address:N/A
Contract Type:Open-ended
Working Time:Full time
Working type:N/A
Ref info:N/A
Senior Financial Analyst

Job Purpose

Reporting to the Head of Finance for The College of Social Science, play a leading role in the provision of comprehensive, effective, and efficient management accounting support and direction to the College and the Finance Division.

Ensure the provision of professional, effective and solutions focused finance services aligned to the achievement of the University's Strategy.

Provide high quality technical support through insightful analysis and issue resolution and continuously improve processes and procedures to support efficient and effective operations within a strong internal control environment.

Support and develop enhanced liaison between the finance team and the wider College teams ensuring accurate, timely, relevant, and reliable information allowing delivery of a customer service focus.

Main Duties and Responsibilities

1. Financial Forecasts, Budgetary Control and Reporting

  • Accountable for accuracy and quality of monthly College management reports through a robust review process identifying and making required adjustments to teaching, research, and commercial activity.
  • Integral in the team preparing the month-end reporting process, including preparation of monthly consolidated management accounts, reporting packs, financial performance indicators and commentaries ensuring there is a “no surprises” culture and information is accurate and produced in a timely manner.
  • Provide strong management accounting support and challenge to School's management and their teams. Attending relevant School meetings, where appropriate.
  • Take responsibility for areas of the financial budgeting and planning process, including liaising with senior management, consolidation of financial information, production of commentary and reporting packs and ensuring that proposed budgets have been evaluated and challenged.
  • Prepare accurate forecast data on Teaching, Research, Commercial and Transnational Education activity for the College ensuring that the process is continually improved both in terms of data quality and analytical insight.
  • Work with budget holders within the College to provide effective financial reporting and review and take corrective action on budget variances.
  • Be responsible for the financial integrity of financial data within the Agresso accounting system, ensuring all appropriate financial reconciliations are carried out with variances investigated and corrective action taken.
  • 2. Strategic financial management and business development

  • Play a lead role in the development of options appraisals and business plans/business cases, providing robust financial challenge and ensuring that all business cases progressed withstand scrutiny and contain measurable delivery criteria.
  • Ensure post completion review is completed for approved business cases with recommended recovery plans to management in the event of under- performance.
  • Provide support for monitoring and managing large complex commercial and SFC funded projects.
  • Robust analytical review of the existing teaching and research portfolio with recommendations on maximising further financial return.
  • 3. Process Efficiency and Effectiveness

  • As a key member of the finance team lead by example, motivate and assist in the development of the finance team, ensuring behaviours and attitudes reflect University values. In doing so promote a continuous improvement approach, ensuring appropriate professional standards and demonstrate a culture of ownership and accountability to ensure the delivery of excellent services.
  • Participate fully in the work and activities of the University-wide finance community and contribute to the development of University wide finance solutions, working with the Head of Finance and finance colleagues in the central finance department and those in other Colleges.
  • Optimise the service the finance function provides across the College and where appropriate eliminate duplication of effort.
  • 4. Other Duties

  • Manage and deal with enquiries from internal and external customers, resolving queries and liaising, where required, with other University colleagues.

  • Promote financial awareness and a culture of financial accountability across the College to ensure financial sustainability is central to all business activities.

  • Knowledge/Qualifications, Skills, Experience

    Knowledge/Qualifications

    Essential

    A1 Scottish Credit and Qualification Framework level 9,10 or 11 (Ordinary/Honours Degree, Post Graduate Qualification).

    A2 Membership of a recognised CCAB/CIMA accounting professional body.

    A3 Strong evidence of continuing professional development relevant to the role.

    A4 Demonstrable experience in a similar management accounting role within a large complex environment.

    A5 Comprehensive knowledge of strategic planning, budgets, and forecasts.

    Desirable

    B1 Knowledge of financial governance and regulation in the HE sector.

    Skills

    Essential

    C1 Excellent leadership and management skills.

    C2 High level influencing and interpersonal skills, able to quickly build credibility and deliver impact at all levels.

    C3 Strategic thinker, ability to develop strategy and policy and implement effectively.

    C4 Ability to drive forward and deliver change in line with strategic and operational objectives and priorities.

    C5 Ability to constructively challenge the status quo, influence change and present arguments based on sound professional judgement and expertise.

    C6 Strong commercial awareness with a clear understanding of key business drivers and the ability to quickly understand the strategic corporate agenda in order to work effectively in partnership with senior managers.

    C7 Well-developed report writing and presentation skills with the ability to present and translate comprehensive and often complex information and financial concepts for non-financial colleagues.

    C8 Outstanding and proven analytical and problem-solving skills with the ability to make well- considered decisions, resolve conflicts and demonstrate sound, professional judgement.

    C9 A self-motivated individual with the ability to work effectively under pressure and to tight timescales with an aptitude for prioritising work and manage competing demands.

    C10 Advanced skills in the use of Microsoft packages such as Excel, Word, Access, and PowerPoint.

    Experience

    Essential

    E1 Substantial post-qualification management accounting experience with a proven track record in in leading and managing the financial planning, reporting and governance within a large complex environment.

    E2 Demonstrable experience of working with and influencing across all levels of an organisation including senior management operating in a political or highly complex environment – providing direction, delivering results, building on relationships and capability and demonstrating personal resilience.

    E3 Proven experience of building robust business cases with non-financial professionals and presenting these to senior management.

    E4 Proven experience of working as a key member of a multidisciplinary team, providing financial leadership, support, and challenge.

    E5 Proven experience of successfully contributing to continuous financial process improvement and change with demonstrable operational and financial efficiencies delivered.

    Other

    The jobholder should be a self-starter that demonstrates an ability to pick up work and progress with limited supervision, ensuring relevant information and issues are communicated to the Head of Finance.

    The jobholder is required to maintain confidentiality as he/she has access to commercially sensitive information.

    We are committed to delivering the highest possible service levels to our people and believe in a partnership approach to working.

    The College of Social Sciences is engaged in hybrid working, and our roles have a balance between on campus and working from home, dependent on business requirements.

    Terms and Conditions

    Salary will be Grade 8, £48,350 - £56,021 per annum.

    This post is full time (35 hours a week) and open ended (permanent).

    The University of Glasgow has a responsibility to ensure that all employees are eligible to live and work in the UK. If you require a Skilled Worker visa to work in the UK, you will be required to meet the eligibility requirements of the visa route to be assigned a Certificate of Sponsorship.

    Please note that this post may be eligible to be sponsored under the Skilled Worker visa route if tradeable points can be used under the Skilled Worker visa rules. For more information please visit: https: // www. gov.uk/skilled- worker-visa.

    As part of Team UofG you will be a member of a world changing, inclusive community, which values ambition, excellence, integrity and curiosity.

    As a valued member of our team, you can expect:

    1 A warm welcoming and engaging organisational culture, where your talents are developed and nurtured, and success is celebrated and shared.

    2 An excellent employment package with generous terms and conditions including 41 days of leave for full time staff, pension - pensions handbook https: // www. gla.ac.uk/myglasgow/payandpensions/pensions/, benefits and discount packages.

    3 A flexible approach to working.

    4 A commitment to support your health and wellbeing, including a free 6-month UofG Sport membership for all new staff joining the University https: // www. gla.ac.uk/myglasgow/staff/healthwellbeing/.

    We believe that we can only reach our full potential through the talents of all. Equality, diversity and inclusion are at the heart of our values. Applications are particularly welcome from across our communities and in particular people from the Black, Asian and Minority Ethnic (BAME) community, and other protected characteristics who are under-represented within the University. Read more on how the University promotes and embeds all aspects of equality and diversity within our community https: // www. gla.ac.uk/myglasgow/humanresources/equalitydiversity/.

    We endorse the principles of Athena Swan https: // www. gla.ac.uk/myglasgow/humanresources/equalitydiversity/athenaswan/ and hold bronze, silver and gold awards across the University.

    We are investing in our organisation, and we will invest in you too. Please visit our website https: // www. gla.ac.uk/explore/jobs/ for more information.

    Vacancy Ref : 150223 Close Date : 29-Jul-2024 23:45

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