Head of Finance (Professional Services & Colleges) at Durham University

Durham, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

21 Jul, 26

Salary

0.0

Posted On

22 Apr, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Yes

Skills

Financial modelling, Financial forecasting, Business partnering, Strategic financial leadership, Budget setting, Performance monitoring, Risk management, Technical accounting, Financial analysis, Stakeholder management, Digital competency, Microsoft 365, ERP finance systems, Data interpretation, Regulatory compliance, Team leadership

Industry

Higher Education

Description

The University At Durham University we are proud of our people. A globally outstanding centre of educational excellence, a collegiate community of extraordinary people, a unique and historic setting – Durham is a university like no other. We believe that inspiring our people to do outstanding things at Durham enables Durham people to do outstanding things professionally and personally. Across the University we have a huge variety of roles and career opportunities, which together make us a large and successful community, which is a key hub of activity within our region and nationally. We would be thrilled if you would consider joining our thriving University. Further information about the University can be found here. Find out more about the benefits of working at the University and what it is like to live and work in the Durham area on our Why Join Us? - Information Page. The Role and the Department Reporting to the Assistant Director (Financial Planning & Reporting), this senior leadership role is responsible for overseeing and continuously improving key elements of the University’s Financial Planning & Reporting (FP&R) function as they impact on the Professional Services & Colleges across Durham University: The post holder will provide strategic financial leadership and direction across the following core areas: · Forecasting and Financial Modelling - Leading the development and continuous enhancement of high‑quality financial forecasts, medium‑ and long‑term modelling, and scenario analysis to support strategic and operational decision‑making. · Financial Planning & Analysis (FP&A) - Delivering robust financial planning, insight, and analysis to support budget setting, performance monitoring, risk management, and long‑term financial sustainability. · Finance Business Partnering Leadership - Providing oversight and leadership of the Professional Services and Colleges Finance Business Partnering function, ensuring the provision of high‑quality strategic financial support, effective challenge, and strong relationships with senior stakeholders. · Technical Accounting Oversight & Strategic Support - Ensuring appropriate technical accounting oversight and interpretation, alongside strategic financial advice that supports informed decision‑making and compliance with relevant accounting and regulatory requirements. Further information about the role and the responsibilities is at the bottom of this job description. Working at Durham A competitive salary is only one part of the many fantastic benefits you will receive if you join the University: · You’ll receive 30 days annual leave per year in addition to 8 public holidays and 4 customary days per year – a total of 42 days per year. The University closes between Christmas and New Year. · We offer a generous pension scheme, and as a new member of staff you will be automatically enrolled into the University Superannuation Scheme (USS). · No matter how you travel to work, we have you covered. We have ample parking across campus, a cycle to work scheme which helps you to buy a bike and discount with local bus and train companies. You can also take advantage of our cost-effective and environmentally friendly Tusker Car Benefit Scheme, allowing you to lease a brand-new electric or hybrid vehicle with savings on tax and National Insurance. · We have a genuine commitment to developing our colleagues professionally and personally. There is a comprehensive range of development courses, apprenticeships and access to qualifications and routes to develop your career in the University. All staff have dedicated annual time to concentrate on their personal development opportunities. · We provide wide-ranging health and wellbeing support including discounted membership for our state-of-the-art sport and gym facilities and access to a 24-7 Employee Assistance Programme. · Our on-site nursery is rated Outstanding by Ofsted, and you can access holiday camps for children aged 5-16. · Our family-friendly policies, including maternity and adoption leave, are among the most generous in the higher education sector (and likely above and beyond many employers). · We offer all staff the opportunity to take part in volunteering activities to make a difference in the local community. · You can access exclusive discounts via our benefits portal including money off at supermarkets, high street retailers, IT products such as Apple, eating out and days out at various attractions. · Various salary sacrifice schemes are also available to help you take advantage of tax savings on benefits. · If you are moving to Durham, you may be eligible for help with removal costs, and we have a dedicated team who can help you with the practicalities such as house hunting and schools. If you need a visa, we cover most visa costs and offer an interest-free loan scheme to pay for dependant visas. Discover more about our total rewards and benefits package here. Durham University is committed to equality, diversity and inclusion Our collective aim is to create an open and inclusive environment where everyone can reach their full potential and we believe our staff should reflect the diversity of the global community in which we work. As a University equality, diversity, and inclusion (EDI) are a key part of the University’s Strategy and a central part of everything we do. We also live by our values and our Staff Code of Conduct. At Durham we actively work towards providing an environment where our staff and students can study, work and live in a community which is supportive and inclusive. We welcome and encourage applications from members of groups who are under-represented in our work force including people with disabilities, women and black, Asian and minority ethnic communities. If you have taken time out of your career, and you feel it relevant, let us know about it in your application. If you are a candidate with a disability, we are committed to ensuring fair treatment throughout the recruitment process. We will make adjustments to support the interview process wherever it is reasonable to do so and, where successful, reasonable adjustments will be made to support people within their role. What you need to demonstrate when you apply/Person Specification When you apply it is important that you let us know what skills/experience you have from a similar role and/or what skills/experience you have which would make you right for this role. Further information about the role and responsibilities is at the end of this job description. Where a criteria has an asterisk* next to it, it may be given additional weighting when your application is considered. Your application should cover the following criteria: Essential Criteria Qualifications/Experience 1. Qualified accountant (ACA/ACCA/CIMA or equivalent), with extensive post-qualification experience in financial modelling, forecasting and business partnering within a complex environment. 2. Proven experience operating in a strategic business partnering role, influencing senior stakeholders with demonstrable experience of developing innovative solutions and contributing to strategic planning. 3. Professional practitioner with specialist knowledge and expertise to influence service delivery, events and activities within the organisation. 4. Experience of partnering and providing high quality specialist financial advice, insights and guidance across a range of resource related issues and particularly in providing critically evaluated recommendations on longer-term initiatives 5. Experience of participating in internal or external networks to share and discuss good practice, develop strong and productive working relationships and positively influence the University’s reputation. 6. A commercial outlook, capable of providing sound advice, support and critically challenge business decisions. 7. Experience of implementing policies and procedures and supporting service improvements with evidence of leading a continuous improvement programme with demonstrable success in improving efficiency and automation in financial processes, reporting or systems. 8. Track record of cross-functional management and development experience and/or an enhanced management qualification applied across a large service team or teams. Skills/Abilities/Knowledge 9. Excellent spoken, written communication and presentation skills with the ability to clearly articulate complex and specialist financial issues to a variety of stakeholders including University Executive via a series of communication methods determined by the nature of the material being communicated and the audience receiving it. 10. Advanced digital competency (Microsoft 365, ERP finance systems, reporting tools, analytics) with demonstrable experience of how digital skills have brought efficiency improvements and detailed insights to stakeholders. 11. Committed to continuing professional development to maintain professional recognition. 12. Extensive knowledge and experience of ensuring compliance with regulatory and organisational policy and guidelines. 13. Ability to contribute to planning at operational and strategic levels along with the ability to critically analyse, interpret and present data appropriately at senior management level. 14. Ability to solve problems and demonstrate analytical skills, to decide on and plan appropriate solutions and drive improvements. 15. Experience of building strong business relationships with internal stakeholders, including the development and embedding of strong business partnering arrangements to become an expert adviser on operational and strategic matters. Desirable Criteria 1. Experience within the Higher Education or public/not-for-profit sector. 2. Knowledge of FRS102 and HE SORP. 3. Experience working with Oracle Fusion or similar ERP systems. 4. Experience supporting large-scale change or transformation projects. How to apply To progress to the assessment stage, candidates must evidence each of the essential criteria required for the role in the person specification above. It will be at the discretion of the recruiting panel as to whether they will also consider any desirable criteria, but we would urge candidates to provide evidence for all criteria. Please don’t forget to check if there is any weighted criteria (see above). While some criteria will be considered at the shortlisting stage, other criteria may be considered later in the assessment process, such as questions at interview. Submitting your application We prefer to receive applications online. We will update you about your application at various points throughout the selection process, via automated emails from our e-recruitment system. Please check your spam/junk folder periodically to make sure you have not missed any of our updates. What you need to submit • A CV: and • A supporting statement which outlines how you meet all of the criteria within the Person Specification. Contact details For a chat about the role or any further information please contact Sue Jarvis, Director of Finance (susan.jarvis@durham.ac.uk). Typical Role Requirements Strategic Financial Leadership · Lead the organisation’s strategic finance agenda, ensuring financial plans directly align with corporate strategy, transformation priorities, and long‑term sustainability. · Act as the senior accountable finance lead for Professional Services & Colleges, providing strategic advice, challenge and decision-making support to the Chief Operating Officer, other PS UEC Leads and senior leadership team. · Support executive‑level decision‑making through clear, evidence‑based financial analysis and insight. Budgets / Forecasts / Financial Information · Lead the annual budget, quarterly forecast and five-year financial planning processes for the PS & Colleges, including assumption setting, review and approval of financial narratives. · Ensure budgets and forecasts are robust, realistic and strategically aligned, reflecting agreed priorities, risk appetite and funding constraints. · Provide clear visibility of financial performance, risks, opportunities, and variances to PS & Colleges leadership, enabling strong financial control and accountability. · Ensure all non-financial budget holders within the departments receive appropriate financial management training. Business Partnering · Deliver a proactive, customer-focused business partnering service that supports both strategic and operational decision-making. · Provide expert advice on complex financial matters, including other income streams, contribution analysis, cost recovery, cashflow and balance sheet impacts. · Lead interpretation and communication of key financial indicators relevant to each department’s activities, providing clear and actionable insight. Business Cases & Commercial Activity · Support delivery of the University’s medium and long term Financial Plan within PS & Colleges. · Lead and support the financial development of business cases for new programmes and initiatives, capital investment, and commercial opportunities, ensuring alignment with strategic and commercial objectives. · Lead and support scenario planning and financial modelling to evaluate strategic choices, risks and benefits realisation. · Lead cross-functional working-groups, ensuring initiatives are delivered through high quality analysis, modelling and reporting. · Support the Commercial Director in the development and delivery of PS & Colleges based commercial activity. Collaboration, Improvement & Deputising · Maintain a strong presence within PS & Colleges while working closely with central Finance colleagues, including regular engagement at Boldon House. · Lead service improvement initiatives within the FP&R team to enhance efficiency, consistency and service quality. · Deputise for the Assistant Director (Financial Planning & Reporting) as required. · Undertake any other duties commensurate with the seniority and responsibilities of the role. Service Delivery/Development · Contribute to equality, diversity and inclusion and the University’s values. · Oversee and manage professional and regulatory standards and policies relating to activities carried out by the Finance Service. · Use your leadership and management expertise to implement any significant changes optimally, in collaboration with other senior managers and specialists. · Lead on the development of new areas of work or activities including scoping, planning and implementing any changes to achieve the outcomes expected by senior colleagues. · Look for innovative ways to continually improve the services provided to your stakeholders. · Develop and implement new or improved policies, processes and standards. · Use your professional knowledge and experience as a senior finance professional to resolve problems, shape processes and activities, develop systems and to provide subject matter expertise and advice with regards to those areas under the role remit. · Support quality and regulatory audits to ensure that systems and processes are operating in an optimal and compliant way. · Meet the professional development needs of your stakeholders by ensuring that a programme of training and learning activities is designed and delivered by the Finance Service. · Provide specialist insight that enables data driven decisions to be made about the Finance Service. Planning and Organisation · Use your expertise to help develop strategic plans and business plans that cover a wide range of operational activities. · Define what needs to be achieved so that other colleagues can scope, plan and implement large scale/University wide within any financial constraints provided. · Ensure your services are performing at the optimal level by setting clear standards and introducing measurable performance indicators. · Use your leadership expertise to help project teams understand what needs to be achieved, solve any problems that are encountered and keep implementation plans on track. · Allocate and monitor designated budgets, expenditure and resources. Leadership and Team Development · Set operational and strategic objectives and use your leadership and management skills, to develop the people in your team(s) and ensure high standards of performance. · Help shape the skills and expertise needed to deliver a professional service by recruiting, inducting and training team members and structuring your team in a way that will best meet operational and strategic priorities. · Ensure that your team can deliver the required services by delegating responsibilities to appropriate team members and considering succession plans. · Carry out regular performance reviews with colleagues to provide feedback on objectives and identify any development needs. · Handle most HR issues and support the welfare and wellbeing of your team, taking advice on more complex issues to specialist services or senior managers. Communication/Liaison · Lead internal and external meetings and committees to influence University policy, standards and governance. · Build and lead an influential network of internal and external contacts to increase your knowledge and skills, swap information with peers and use that information to improve and develop the Finance Service and its interactions with stakeholders. · Identify opportunities to build relationships with external organisations to support the delivery of strategic level objectives. · Research new approaches being taken by internal and external stakeholders such as the Office for Students, Research Councils and other funding bodies so that you can take these insights into account when developing processes for stakeholders and impacting on the Finance Service. · Explore options to promote and increase engagement in internal and external events and activities being delivered by the Finance Service. · Design and deliver a programme of professional development activities to your stakeholders to support their development and information needs. · Any other reasonable duties. Please note that in submitting your application Durham University will be processing your data. We would ask you to consider the relevant University Privacy Statement Privacy Notices - Durham University which provides information on the collation, storing and use of data. When appointing to this role the University must ensure that it meets any applicable immigration requirements, including salary thresholds which are applicable to some visas.

Responsibilities

The Head of Finance provides strategic financial leadership and oversight for Professional Services and Colleges, focusing on financial planning, reporting, and business partnering. The role involves leading forecasting, modelling, and budget setting while ensuring compliance and driving continuous service improvements.