In an increasingly competitive global landscape, it is imperative that the University of Cambridge is able to maintain its position as one of the top five international Universities. Due to the retirement of the current Director of Finance, Andrew Reid, the University is seeking to appoint an equally high calibre individual in his stead. Working closely with the Chief Financial Officer, the Director of Finance manages the Finance Division, which supports the financial management of the University and its subsidiary companies, except in relation to the "devolved administrations" of the University Group, notably Cambridge University Press and Cambridge Assessment. The role focuses on: effective financial planning and implementation; efficient financial transaction processing; the integrity of financial systems; stewardship of physical, financial and investment resources; sound financial controls and production of the University Group's financial statements. It also includes responsibility for compliance with external requirements of HE regulation, taxation, legal and other stakeholders. The Finance Division integrates academic and financial planning and analysis, and provides business intelligence in support of strategic and tactical decisions.
At the same time the role will support strategic engagement and business plan review for commercial activities, the long term financial and capital plan, financial strategy and development of the University. The Director of Finance will also advise the Vice-Chancellor, Pro-Vice-Chancellors, CFO, Registrary and others on financial and related matters, and maintain and, where appropriate, further develop, the finance function for the University. The Finance Division has approximately 160 staff organised into 13 sections, overseeing around 200 accounting units in the University. The direct operating budget for the division is £4.5m.
The Director of Finance will have substantial experience as a business and/or commercial leader. They will have a full commitment to the collegiate University's mission and values, being able to balance a commercial perspective with the overriding mission of the University. The role holder should be a graduate qualified accountant, with excellent technical and communication skills, have a capacity to think strategically and to innovate, and strong leadership skills. The individual will be adept at working in a complex and distributed environment and will have robust experience and knowledge of the principal finance activities such as financial planning, budgeting, financial and management accounting, financial processes and systems, project appraisal, costing and analysis, treasury and investment management, taxation, audit, risk management and compliance.
For an informal conversation, please contact Mark Freebairn on +44 (0)20 7529 1042.
The closing date for applications is Friday 1st September 2017.