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View Vacancy -- Finance Manager LMS 1722
Open Date
10/11/2021, 15:30
Close Date
01/12/2021, 23:55
MRC Laboratory of Medical Sciences
The London Institute of Medical Sciences (LMS) is a Medical Research Council funded research institute at the Hammersmith Hospital campus (London W12) of Imperial College London, with around 400 biomedical researchers undertaking multidisciplinary and internationally-competitive science.
For more information, visit www.lms.mrc.ac.uk.
UK Research and Innovation is a new entity that brings together nine partners to create an independent organisation with a strong voice for research and innovation, more information can be found at www.ukri.org
MRC - 3
London
£40,016 - £46,643 (plus London allowance £3,727 + £1,402)
Permanent
Administration & Management
Full Time
Purpose of the role:
Provide dedicated finance expertise, insight and business partnering to UKRI-MRC, working closely with stakeholders to add financial awareness to decision making, and deliver outcomes that are in line with Council and UKRI priorities.
Key Areas of Accountability:
Leadership / teamwork / collaboration
- Build & maintain good working relationships with colleagues & partners and provide input and advice
- Support Budget holders and Senior Leadership Teams to effectively manage their programmes through the provision of timely, accurate and complete financial information, advice, and constructive challenge
- Understand the linkages and dependencies between the different Councils and funding streams within UKRI by actively working with other Finance Business Partners and colleagues across UKRI to seek opportunities for improvement, change and efficiency within Finance, strengthening internal controls, financial analysis, and effective management of programmes and promoting a culture of teamwork
- To deputise for the Head of Finance on a range of issues, if and when required
Delivery / programmes / projects / process
- Perform a range of reporting and control functions, positioning Finance to work with the business and link budgets to delivery plans and business cases
- Lead the LMS team of Finance staff in delivering an effective financial business partnering service to the assigned area/s
- To ensure accruals and pre-payments are done in line with Financial regulations
- That all income for recharges to ICL are processed in a timely manner
- Regularly discuss the projects financial performance with internal and external partners such as JRO and UKRI
- To ensure new projects are set up in a timely manner and incorporated in the Finance system
- Manage the asset verification and capitalisation on a monthly basis
- Communicate the importance of Finance to partners and budget holders at all levels, and use strong business awareness to present insightful information and analysis to support effective longer-term decision-making and deliver outcomes in line with Council/UKRI priorities
- Manage annual and multi-year budget setting and forecasting cycles
- Develop the finance case within business cases
- Manage applications for additional budget cover
- Ensure compliance with internal financial, BEIS and HMG controls within assigned business areas
Other
This job description is intended to provide a broad outline of the main duties and responsibilities only. The post holder will need to be flexible in developing the role in conjunction with their line manager. The post holder may be asked to carry out any other delegated duty or task that is in line with the post
Qualifications:
Essential
- Qualified Accountant (ACA/CIMA/ACCA/CIPFA
Desirable
- Degree level education
Experience & knowledge:
Essential
- Strong understanding of accounting and finance and demonstrable experience of working in delivering effective financial management & reporting
- Very good IT skills, including good knowledge of Microsoft Office, in particular using Excel
- Experience of financial modelling & controls
- Demonstrable experience of month and year-end processes - accruals and prepayment calculations, variance analyses etc.
- Demonstrable experience of working as part of a wider-business, consulting with senior stakeholders, utilising an in-depth understanding of business priorities and effectively working with partners to meet organisational and financial objectives
- Experience in provision of high quality written and oral advice suitable for senior level decision makers
- Proven experience in the preparation of complex budgets, forecasts and financial plans
- Understanding of the role of governance, risk management and assurance in project delivery
Desirable
- Experience with Oracle
- University sector experience, managing grants
- An understanding of FEC or TRAC costing methodology
Skills & abilities:
Essential
- Ability to build relationships with senior partners and influence them with impact and professional credibility
- Strong experience of developing effective working partnerships and offering challenges where necessary to senior decision-making groups
- Line management and leadership skills
- Excellent written and oral communication skills
- Personal resilience and a confident approach, willing to apply good judgement to solve issues and find solutions independently
- Highly developed team working skills, able to form effective working relationships quickly
- Ability to respond calmly under pressure and to make impartial and well-considered judgments in complex situations
- Good organisational skills, able to manage and prioritise own and others’ workloads and meet deadlines in a very timely manner
Skills and Knowledge
Desirable
- Knowledge of university sector grant funding
- Working with Oracle ERP system
- Experience of TRAC and FEC costing models
Please upload your CV, names and contacts of two references along with a covering letter stating why you are applying for this role (providing evidence against the requirements of the job as per the job description and person specification).
The MRC is a great place to work and progress your career, be it in scientific research or the support functions.The MRC is a unique working environment where our researchers are rewarded by world class innovation and collaboration opportunities that the MRC name brings. The MRC is an excellent place to develop yourself further and a range of training & development opportunities will be available to you, including professional registration with the Science Council.
Choosing to come to work at the MRC (part of UKRI) means that you will have access to a whole host of benefits from a defined benefit pension scheme and excellent holiday entitlement to access to employee shopping/travel discounts and salary sacrifice cycle to work scheme, as well as the chance to put the MRC and UKRI on your CV in the future.
Our success is dependent upon our ability to embrace diversity and draw on the skills, understanding and experience of all our people. We welcome applications from all sections of the community irrespective of gender, race, ethnic or national origin, religion or belief, sexual orientation, disability or age. As "Disability Confident" employers, we guarantee to interview all applicants with disabilities who meet the minimum criteria for the vacancy.
UKRI supports research in areas that include animal health, agriculture and food security, and bioscience for health which includes research on animals, genetic modification and stem cell research. Whilst you may not have direct involvement in this type of research, you should consider whether this conflicts with your personal values or beliefs.
We will conduct a full and comprehensive pre-employment check as an essential part of the recruitment process on all individuals that are offered a position with UKRI. This will include a security check and an extreme organisations affiliation check. The role holder will be required to have the appropriate level of security screening/vetting required for the role. UKRI reserves the right to run or re-run security clearance as required during the course of employment.
Choosing to come to work at the MRC (part of UKRI) means that you will have access to a whole host of benefits from a defined benefit pension scheme and excellent holiday entitlement to access to employee shopping/travel discounts and salary sacrifice cycle to work scheme, as well as the chance to put the MRC and UKRI on your CV in the future.
Our success is dependent upon our ability to embrace diversity and draw on the skills, understanding and experience of all our people. We welcome applications from all sections of the community irrespective of gender, race, ethnic or national origin, religion or belief, sexual orientation, disability or age. As "Disability Confident" employers, we guarantee to interview all applicants with disabilities who meet the minimum criteria for the vacancy.
UKRI supports research in areas that include animal health, agriculture and food security, and bioscience for health which includes research on animals, genetic modification and stem cell research. Whilst you may not have direct involvement in this type of research, you should consider whether this conflicts with your personal values or beliefs.
We will conduct a full and comprehensive pre-employment check as an essential part of the recruitment process on all individuals that are offered a position with UKRI. This will include a security check and an extreme organisations affiliation check. The role holder will be required to have the appropriate level of security screening/vetting required for the role. UKRI reserves the right to run or re-run security clearance as required during the course of employment.
This opportunity is closed to applications.