Director of Financial Planning and Strategy

University of Stirling

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Director of Financial Planning and Strategy

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Post Details

Full time.
Open ended.

The closing date for applications is midnight on Tuesday 07 November 2023.

There is an expectation that work will be undertaken in the UK.

For the purposes of sponsorship, this is a role under SOC code 1131.

The University of Stirling recognises that a diverse workforce benefits and enriches the work, learning and research experiences of the entire campus and greater community. We are committed to removing barriers and welcome applications from those who would contribute to further diversification of our staff and ensure that equality, diversity and inclusion is woven into the substance of the role. We strongly encourage applications from people from diverse backgrounds including gender, identity, race, age, class, and ethnicity.

The Post

In this exciting new role, you will shape our university’s financial ambition while maintaining a firm focus on service quality. If you are a dynamic leader with a knack for getting things done and a commitment to exceptional service, we invite you to join our team and be a driving force behind our journey to financial success.

Reporting directly to the Executive Director of Finance, you will lead a dedicated team working to achieve our university’s financial ambitions. Guided by our new Strategic Plan, you will play a pivotal role in driving income growth to help us reach our income milestone of £250 million by 2030.

Description of Duties

As the Director of Financial Planning and Strategy, you will have a range of strategic responsibilities aimed at propelling us to financial success:

Effective Leadership: Provide highly specialised professional leadership and direction to a dedicated team.

Financial Strategy: Develop a robust financial plan that steers us toward our income growth goals. Your insights will shape income assumptions and drive cost efficiencies.

Business Partnering: Work closely with Deans, Executive Directors, and cross-functional teams to ensure our financial efforts align with our Strategic Plan and Financial Strategy.

Financial Oversight: Analyse performance metrics, manage risks, and ensure our strategic developments are financially sustainable.

Continuous Improvement: Collaborate with the Head of Policy and Planning to refine our university’s planning approach. Provide financial insights to enhance various aspects of our operations.

Industry Insights: Stay informed about financial trends and shifts, providing valuable input for our strategic financial planning.

Business Support Innovation: Guide the development of professional finance support that bolster our business initiatives, fostering growth and performance.

Maximise financial return: Assess the financial viability of new initiatives and projects, offering recommendations to optimize returns.

Essential Criteria

  • Educated to degree level or equivalent with a relevant professional accountancy qualification
  • Strategic financial leadership experience in a large and complex organisation
  • Demonstrable record of accomplishment of developing and implementing vision and strategy that enables growth in activity and reputation
  • Proven ability to influence the direction of organisational development, and to translate strategic goals into action
  • Experience of leading an effective finance function with evidence of successful management of human and financial resources
  • Evidence of leading and implementing sustainable change that impacts across an organisation

Desirable Criteria

  • Demonstrable experience of leading financial operating arrangements, including managing international arrangements, mitigating risk, and diversifying global mobility
  • Evidence of a well-developed understanding of Higher Education, in the UK (United Kingdom) and internationally, including funding structures, regulatory frameworks and risk factors

Personal Attributes:

  • Outstanding professional profile with an excellent record of accomplishment in strategic financial leadership
  • Leadership skills that engender a positive collaborative and collegiate culture, sustaining high performing and effective teams that engage with colleagues across the University with the ability to engage in a fast-changing policy and business environment
  • Analytical problem-solving skills with well-developed emotional intelligence, sound judgement and political awareness
  • Highly effective interpersonal and communication skills, and ability to influence and negotiate effectively
  • Personal integrity, self-awareness and a commitment to personal development and self- reflection

Behaviours and Competencies

The role holder will be required to evidence that they can meet the qualities associated with the following behavioural competencies, as detailed within the AUA Competency Framework.

  • Managing self and personal skills
    Being aware of your own behaviour and mindful of how it impacts on others, enhancing personal skills to adapt professional practice accordingly.
  • Delivering excellent service
    Providing the best quality service to external and internal clients. Building genuine and open long-term relationships in order to drive up service standards.
  • Finding solutions
    Taking a holistic view and working enthusiastically to analyse problems and to develop workable solutions. Identifying opportunities for innovation.
  • Embracing change
    Being open to and engaging with new ideas and ways of working. Adjusting to unfamiliar situations, shifting demands and changing roles.
  • Using resources effectively
    Identifying and making the most productive use of resources including people, time, information, networks and budgets.
  • Engaging with the wider context
    Enhancing your contribution to the organisation through an understanding of the bigger picture and showing commitment to organisational values.
  • Developing self and others
    Showing commitment to own ongoing professional development. Supporting and encouraging others to develop their professional knowledge, skills and behaviours to enable them to reach their full potential.
  • Working together
    Working collaboratively with others in order to achieve objectives. Recognising and valuing the different contributions people bring to this process.
  • Achieving Results
    Consistently meeting agreed objectives and success criteria. Taking personal responsibility for getting things done.
  • The University

    The University of Stirling is committed to providing education with a purpose and carrying out research which has a positive impact on communities across the globe – addressing real issues, providing solutions, and helping to shape society. Stirling is 4th in Scotland and 43rd in the UK for research impact, with 87% of its research having an outstanding or very considerable impact on society – and more than 80% rated either world leading or internationally excellent (Research Excellence Framework 2021).

    The University of Stirling is ranked among the top 30 UK universities for student satisfaction (National Student Survey) and top 30 in the UK for postgraduate student experience (Postgraduate Taught Experience Survey), and has an overall five-star rating in the QS Stars University Ratings.

    More than 17,000 students study with the University of Stirling globally, with over 140 nationalities represented on its scenic central Scotland campus alone. The University – also home to 1,700 staff – is ranked first in the UK and top three in the world for its campus environment (International Student Barometer 2022, wave two). Ranked first in the UK and top five in the world for its sports facilities (International Student Barometer 2022, wave two), Stirling is Scotland’s University for Sporting Excellence. Its world-class facilities provide the perfect training environment for the University’s sports scholars – many of whom compete at the highest level, including at the Olympics and Commonwealth Games – and for students, staff, and the wider community.

    The University has twice been recognised with a Queen’s Anniversary Prize – the first for its Institute for Social Marketing and Health (2014) and the second for its Institute of Aquaculture (2019).

    The University is a signatory to the £214 million Stirling and Clackmannanshire City Region Deal and a central partner of the Forth Valley University College Health Partnership.
    www.stir.ac.uk @stiruni

    Job number

    SERV01806
    Contract Type

    Open Ended
    Posting End Date

    07-Nov-2023
    Location:

    Stirling Campus
    Grade

    Grade10
    Faculty/Service

    Finance

    Post Details

    Full time.
    Open ended.

    The closing date for applications is midnight on Tuesday 07 November 2023.

    There is an expectation that work will be undertaken in the UK.

    For the purposes of sponsorship, this is a role under SOC code 1131.

    The University of Stirling recognises that a diverse workforce benefits and enriches the work, learning and research experiences of the entire campus and greater community. We are committed to removing barriers and welcome applications from those who would contribute to further diversification of our staff and ensure that equality, diversity and inclusion is woven into the substance of the role. We strongly encourage applications from people from diverse backgrounds including gender, identity, race, age, class, and ethnicity.

    The Post

    In this exciting new role, you will shape our university’s financial ambition while maintaining a firm focus on service quality. If you are a dynamic leader with a knack for getting things done and a commitment to exceptional service, we invite you to join our team and be a driving force behind our journey to financial success.

    Reporting directly to the Executive Director of Finance, you will lead a dedicated team working to achieve our university’s financial ambitions. Guided by our new Strategic Plan, you will play a pivotal role in driving income growth to help us reach our income milestone of £250 million by 2030.

    Description of Duties

    As the Director of Financial Planning and Strategy, you will have a range of strategic responsibilities aimed at propelling us to financial success:

    Effective Leadership: Provide highly specialised professional leadership and direction to a dedicated team.

    Financial Strategy: Develop a robust financial plan that steers us toward our income growth goals. Your insights will shape income assumptions and drive cost efficiencies.

    Business Partnering: Work closely with Deans, Executive Directors, and cross-functional teams to ensure our financial efforts align with our Strategic Plan and Financial Strategy.

    Financial Oversight: Analyse performance metrics, manage risks, and ensure our strategic developments are financially sustainable.

    Continuous Improvement: Collaborate with the Head of Policy and Planning to refine our university’s planning approach. Provide financial insights to enhance various aspects of our operations.

    Industry Insights: Stay informed about financial trends and shifts, providing valuable input for our strategic financial planning.

    Business Support Innovation: Guide the development of professional finance support that bolster our business initiatives, fostering growth and performance.

    Maximise financial return: Assess the financial viability of new initiatives and projects, offering recommendations to optimize returns.

    Essential Criteria

    • Educated to degree level or equivalent with a relevant professional accountancy qualification
    • Strategic financial leadership experience in a large and complex organisation
    • Demonstrable record of accomplishment of developing and implementing vision and strategy that enables growth in activity and reputation
    • Proven ability to influence the direction of organisational development, and to translate strategic goals into action
    • Experience of leading an effective finance function with evidence of successful management of human and financial resources
    • Evidence of leading and implementing sustainable change that impacts across an organisation

    Desirable Criteria

    • Demonstrable experience of leading financial operating arrangements, including managing international arrangements, mitigating risk, and diversifying global mobility
    • Evidence of a well-developed understanding of Higher Education, in the UK (United Kingdom) and internationally, including funding structures, regulatory frameworks and risk factors

    Personal Attributes:

    • Outstanding professional profile with an excellent record of accomplishment in strategic financial leadership
    • Leadership skills that engender a positive collaborative and collegiate culture, sustaining high performing and effective teams that engage with colleagues across the University with the ability to engage in a fast-changing policy and business environment
    • Analytical problem-solving skills with well-developed emotional intelligence, sound judgement and political awareness
    • Highly effective interpersonal and communication skills, and ability to influence and negotiate effectively
    • Personal integrity, self-awareness and a commitment to personal development and self- reflection

    Behaviours and Competencies

    The role holder will be required to evidence that they can meet the qualities associated with the following behavioural competencies, as detailed within the AUA Competency Framework.

  • Managing self and personal skills
    Being aware of your own behaviour and mindful of how it impacts on others, enhancing personal skills to adapt professional practice accordingly.
  • Delivering excellent service
    Providing the best quality service to external and internal clients. Building genuine and open long-term relationships in order to drive up service standards.
  • Finding solutions
    Taking a holistic view and working enthusiastically to analyse problems and to develop workable solutions. Identifying opportunities for innovation.
  • Embracing change
    Being open to and engaging with new ideas and ways of working. Adjusting to unfamiliar situations, shifting demands and changing roles.
  • Using resources effectively
    Identifying and making the most productive use of resources including people, time, information, networks and budgets.
  • Engaging with the wider context
    Enhancing your contribution to the organisation through an understanding of the bigger picture and showing commitment to organisational values.
  • Developing self and others
    Showing commitment to own ongoing professional development. Supporting and encouraging others to develop their professional knowledge, skills and behaviours to enable them to reach their full potential.
  • Working together
    Working collaboratively with others in order to achieve objectives. Recognising and valuing the different contributions people bring to this process.
  • Achieving Results
    Consistently meeting agreed objectives and success criteria. Taking personal responsibility for getting things done.
  • The University

    The University of Stirling is committed to providing education with a purpose and carrying out research which has a positive impact on communities across the globe – addressing real issues, providing solutions, and helping to shape society. Stirling is 4th in Scotland and 43rd in the UK for research impact, with 87% of its research having an outstanding or very considerable impact on society – and more than 80% rated either world leading or internationally excellent (Research Excellence Framework 2021).

    The University of Stirling is ranked among the top 30 UK universities for student satisfaction (National Student Survey) and top 30 in the UK for postgraduate student experience (Postgraduate Taught Experience Survey), and has an overall five-star rating in the QS Stars University Ratings.

    More than 17,000 students study with the University of Stirling globally, with over 140 nationalities represented on its scenic central Scotland campus alone. The University – also home to 1,700 staff – is ranked first in the UK and top three in the world for its campus environment (International Student Barometer 2022, wave two). Ranked first in the UK and top five in the world for its sports facilities (International Student Barometer 2022, wave two), Stirling is Scotland’s University for Sporting Excellence. Its world-class facilities provide the perfect training environment for the University’s sports scholars – many of whom compete at the highest level, including at the Olympics and Commonwealth Games – and for students, staff, and the wider community.

    The University has twice been recognised with a Queen’s Anniversary Prize – the first for its Institute for Social Marketing and Health (2014) and the second for its Institute of Aquaculture (2019).

    The University is a signatory to the £214 million Stirling and Clackmannanshire City Region Deal and a central partner of the Forth Valley University College Health Partnership.
    www.stir.ac.uk @stiruni

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