TRAC Finance Manager United Kingdom
Job description
Permanent, Full Time Role.
Please note that a £5,000 per annum market supplement (pro-rated and non-pensionable) is available for the successful applicant on provision of proof of current membership of an approved accounting body and evidence they hold the appropriate accountancy qualifications.
Due to career development, the University Finance Office is seeking to appoint a Finance Manager to join the half of the Departmental Services Team that supports the Academic Departments. The role is full time (36.5 hours per week) but a part-time appointment may be considered, with some flexibility over the course of the year subject to the operational requirements of the role.
The University Finance Office supports business planning and innovation to maximise the financial resources available to the University and create the long-term sustainable financial platform required for future growth. Finance staff across the University are networked as a professional community of expertise. You will be supported to continue your professional journey through access to Continuing Professional Development training opportunities, sector networks and regular Finance Office briefings. See Further Particulars for more information.
You will join the Departmental Services Team which is well established and a supportive environment in which to build a career at the University. It is primarily engaged in management accounting and Finance business partnering. You will provide accurate and timely management information and analysis to senior University management, Heads of Departments and other stakeholders in order to aid planning, control and decision-making, especially in the deployment of University resources and maximisation of income. You will have specific responsibility for managing the University’s TRAC process, ensuring that sector guidance is adhered to and validating results through liaison with a wide range of stakeholders. TRAC (Transparent Approach to Costing) is a reporting requirement for all universities looking across the complete range of the University’s activities - Teaching, Research and Other.
With a professional accounting qualification and current membership of a recognised CCAB professional body, and broad experience within a finance function, including financial modelling. You will need to have excellent communication skills and the ability to work collaboratively with a wide range of stakeholders. You will be expected to manage your own time effectively to deliver a programme of work to strict deadlines. You will either be an advanced Excel user or have the capability and enthusiasm to become one. Prior knowledge and experience of the Higher Education sector is desirable but not essential.
As a member of staff at Warwick you can enjoy a wide range of competitive benefits. To find out more see the further particulars section.
For further information about these roles, please contact Sam McClenaghan, Deputy Finance Director, at [email protected].
First round interviews and an Excel test (not requiring advanced preparation) are anticipated to take place 5th May 2023.
Job Description
JOB PURPOSE
To provide accurate and timely management information to senior University management, Chairs of academic departments, Heads of administrative departments, Directors of commercial activities and for inclusion in reports to external government bodies, in order to aid planning, control and decision-making, especially in the deployment of University resources.
DUTIES & RESPONSIBILITIES
1.To be responsible for the preparation of financial information for academic and administrative departments and commercial activities, including financial accounts if applicable, management accounts, reports to committees, budgets, five-year plans, cash flow forecasts and project assessments.
2. To assist in the preparation and review of the University group’s management and statutory accounts and five-year plans.
3. To provide financial advice and information to Heads of Departments, other academic members of staff and managers of a wide variety of departments.
4. Special projects, usually involving preparing full business plans and critically appraising such new ventures.
5. To offer constructive criticism, advice and counsel on a variety of financial matters, including possibly pricing policy, market analysis, business risk and performance indicators.
6. To service Boards or University committees, including the preparation of agenda, minutes and papers on issues requiring decisions.
7. Contract review and appraisal to ensure compliance with University procedures, best practice and commercial application.
8. Routine work and ad hoc assignments as required.
As a member of staff at Warwick you can enjoy a wide range of competitive benefits. The University offers a wide range of learning and development opportunities, and we will work with you to support your career development. We respect and reward achievement and recognise the importance of a flexible total reward package. Take a look at the benefits that are on offer, including an attractive pension scheme, a generous annual leave entitlement (including Christmas closure), family friendly policies, and discounted Warwick Sport membership here.
The Finance Office is operating a hybrid working policy which results in staff being at least 60% on campus, with some degree of flexibility over working patterns – further details are available on request or at interview.
For further information about the University of Warwick, please read our University Further Particulars.
For further information about the department, please visit the departmental website.
Warwick is committed to building an organisation of mutual respect and dignity, promoting a welcoming, diverse and inclusive working and learning environment. We recognise that everyone is different in a variety of visible and non-visible ways, and that those differences are to be recognised, respected, and valued. Where possible, we go beyond legislation to provide a place where everyone can thrive, supporting all staff to achieve their full potential. We aspire to remove economic, social and cultural barriers that may otherwise prevent people from succeeding.
We therefore welcome and encourage applications from all communities regardless of culture, background, age, disability, sex/gender, gender identity or expression, ethnicity, religion/belief, or sexual or romantic orientation. To find out more about our social inclusion work at Warwick visit our webpages here.
The University of Warwick holds an Athena SWAN Silver award; a national initiative to promote gender equality for all staff and students. Further information about the work of the University in relation to Athena SWAN can be found at the following link: Athena Swan (warwick.ac.uk)
The University of Warwick is one of the six founder institutions of the EUTOPIA European University alliance, whose aim is to become by 2025 an open, multicultural, confederated operation of connected campuses.
Right to work in the UK
If you do not yet have the right to work in the UK and/or are seeking sponsorship for a Skilled Worker visa in the UK points-based immigration system please click on this link which contains further information about obtaining right to work in the UK and details about eligibility for sponsorship for a Skilled Worker Visa.
