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Chief Financial Officer

Employer
DURHAM UNIVERSITY
Location
Durham, United Kingdom
Salary
Competitive
Closing date
20 May 2024

Reporting to the Vice-Chancellor, the Chief Financial Officer (CFO) is responsible for the financial strategy of the University.

As a member of the University Executive Committee (UEC), the Chief Financial Officer plays a key role in the University's strategic development, providing direction and oversight, and driving financial and operating performance.

Balancing strategy and operations, the CFO will provide strong leadership to the finance function, developing and sustaining a culture of high performance, accountability and customer service with clearly articulated and agreed goals. The CFO is expected to challenge the status quo in the planning and delivery of services, driving improvement and introducing new ways of working.

The Chief Financial Officer leads in excess of 100 FTE staff in the Finance and Procurement Division, covering financial management and procurement services including:

  • Strategic Finance - special projects, long-term modelling, borrowings, and other financing arrangements.
    Finance Business Partnering - supporting the faculties and divisions.
  • Financial Reporting Systems - managing the production of financial management information, forecasts and budgets.
  • Financial compliance - statutory reporting, treasury, capital accounting and external compliance.
  • Transaction processing - accounts payable, accounts receivable and banking.
  • Procurement - full category management based procurement service and supporting general purchasing.

There are also local finance teams within academic faculties, certain parts of central professional services and the Colleges and WSE division.

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