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Head of Directorate Finance – Materials
Head of Directorate Finance – Materials
abingdon,oxfordshire
Oct 1, 2024
  • Hours Full Time
  • Salary 63575.00 - 63575.00 GBP Annual
  • Recruiter UK Atomic Energy Authority
  • Closes 19 Jan 2024
  • Course No
  • Contract type Permanent
  • Recruiter Type Direct Employer
Description

Head of Directorate Finance – MaterialsBy 2050, the planet could be using twice as much electricity compared to today. Are you interested in contributing and helping to shape the future of the world's energy? If so, read on.Fusion, the process that powers the Sun and Stars, is one of the most promising options for generating the cleaner, carbon–free energy that our world badly needs.UKAEA leads the way in realising fusion energy, partnering with industry and research for ground–breaking advancements. Our goal is to bring fusion electricity to the grid, supported by tomorrow's power stations. In pursuit of our mission, UKAEA embraces core values: Innovative, Committed, Trusted, and Collaborative.As an employee of UKAEA you will benefit from:– Outstanding defined benefit pension scheme, details of which can be found at the end of this advert.– Corporate bonus scheme up to 7% and a Relocation allowance (if eligible).– Flexible working options including family friendly policies.– Employee Assistance Programme and trained Mental Health First Aiders.– Generous annual leave allowance starting with 25 days, plus 3 days Christmas closure and 2.5 privilege days, in addition to UK bank holidays.– Wide range of career development opportunities.– A vibrant culture committed to equality and being fully inclusive.This role requires employees to complete an online Baseline Personnel Security Standard (BPSS) including The Disclosure & Barring Service (DBS) checks for criminal convictions.Job DescriptionThe RoleAre you looking for an exciting opportunity to make a difference? Join our team and contribute to the future of fusion energy.As the Head of Directorate Finance – Materials, you will be the trusted senior business partner to a major Directorate (Materials) within UK Atomic Energy Authority, ensuring excellence in all commercial matters including control and planning of expenditure, providing financial advice and insight, driving financially sound decision making and future planning.Each Directorate is focused on a key enabler for Fusion, with responsibility for research delivery, facility operations and major technology or infrastructure programmes.Materials:Materials includes a major programme related to Fusion Fuel Capability, a world leading Materials Research Facility and the responsible Executive Director has overarching ownership of the UKAEA Research programme.As part of the leadership team of Materials, you will be responsible for an overall budget of c. GBP55m per annum and have approximately 120 FTE's within the business area which is focused currently on the Culham facility.As business partner to the Executive Director and working collaboratively with the senior team and wider finance function, you will support a major capital programme and an ongoing significant research programme, developing and implementing commercial strategies and optimising funding for maximum impact in a multi–funding environment.This role is a matrix role within the finance function, reporting jointly to the Robotics, Repurposing and Decommissioning Executive Director and the Director of Finance – both of whom are members of the UKAEA Executive Committee (leadership team).In this role you will:– Ensure excellence in planning, control and reporting of income and expenditure providing financial management as part of the Directorate senior team, advice and insight, driving financially sound decision making and future planning.– Ensure the Directorate maximises funding and impact through accurate and taut forecasting.– Support future strategy development though insightful analysis, modelling and understanding of both the capabilities of the Directorate and the opportunities externally.– Lead finance aspect of business plans, business case development, commercial and grants bids.– Balance financial reporting with insight of benefits and impact, to support investment decisions and demonstrate value for money and financial efficiency.QualificationsEssential Requirements:– Fully qualified accountant, with significant post qualification experience in a senior role. Ideally with extensive experience as a business partner, dealing with technical and/or scientific customers– Highly motivated with capability to lead and develop direct reports and support overall development of the finance team– Ability to establish strong working rapport with internal and external customers representing a variety of professional disciplines– Experience of working with and advising programme leadership teams– Experience in business case development and analysis– Understand the principles of revenue recognition and accounting for grant funding, appreciation of multi–funding control requirementsAdditional informationA full list of our benefits can be found here on our website.We welcome applications from under–represented groups, particularly individuals from black and other ethnic minority backgrounds, people with disabilities, and women. Our Executive team, supported by our 'Equality, Diversity and Inclusion' (EDI) Partner and Inclusion Ambassadors, actively promotes EDI and takes steps to increase diversity within our organization. We reinforce best practices in recruitment and selection and evaluate approaches to remove barriers to success.Please note that vacancies are generally advertised for 4 weeks but may close earlier if we receive a large number of applications.

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