Job Description For more information on UKIFS, visit: https://careers.ukaea.uk/wp-content/uploads/download/UKIFS_CandidateRecruitmentPack.pdf The salary for this role is £59,723, and onsite working is expected for 3 days each week, however, we actively support requests for flexible working. Employees of UKIFS can be based at either of our sites; West Burton, Nottinghamshire or Culham, Oxfordshire. This role requires employees to complete an online Baseline Personnel Security Standard (BPSS), including The Disclosure & Barring Service (DBS) checks for criminal convictions and possibly a search of open source data. The Role The Financial Management and Reporting Lead role is one of the first roles we are hiring in the UKIFS Finance Team to develop the company’s ability to manage annual budgets effectively and provide excellent financial performance reporting to the company. As the Financial Management lead, you will be responsible for effective financial management across the company, working closely with other finance team colleagues, the programme team, Whole Plant Partners, and other stakeholders in ensuring we maximise use of funding in-year and manage finances effectively. You will ensure excellence in corporate reporting, driving operational efficiency, strengthening controls and planning of expenditure, both in the operational and strategic time horizon. Key Accountabilities: Management Insight and Data Structure management Ensure structure of finance data supports effective programme finance control, management and reporting, by ensuring linkage to and leverage of existing systems and control of master data reporting structures. Focus on establishing and continuously improving financial management information. Develop and embed a Financial Management information strategy that supports integration of management information across the company, ensuring coherency across key management information outputs (including Programme, Commercial and People reporting) that senior management use to support decision making, with a consistent narrative and supporting improved insights on cost impacts of project and milestone progress. Management Reporting Provide information and advice to senior management, working closely with the head of finance and the finance director on financial forecasts, actuals and risks. Lead on production of monthly finance MI packs to management and to finance business partners, supported by appropriate non-financial information and commentary in an accurate and timely manner. Drive consistency, simplicity and efficiency in reporting of financial and related performance reporting. Work closely with the programme costing team on setting budgetary controls, and effectively managing and controlling scope and costing changes. Responsible for the coordination of the finance reporting calendar, establishing clear timetables for forecasting and reporting and effective communication and training to business leads. Balance financial reporting with insight of benefits and impact to support investment decision and demonstrate value for money and financial efficiency. Financial Management Responsible for the delivery of annual financial outturn within target and maximising use of resources available to UKIFS. Provide excellent strategic financial analysis and advice relating to annual financial performance to the Executive and other senior stakeholders, analysing trends, variances and risks to support management of the in-year financial position. Identify and manage any risks, pressures or slippages through active engagement with senior budget holders to support management and delivery of available levers to ensure spend to budget. Work closely the Programme team, UKAEA and delivery teams delivering through the Corporate Services and Whole Plant Partner Agreements to understand and manage programme cost drivers, key drivers of uncertainty and ensure accurate reporting that supports strategic decision making in the business. Develop and maintain all necessary systems, policies, and procedures to ensure effective and efficient financial management within UKIFS. Support the Head of Finance in ensuring spend approval processes and the delegations support the business and maintain an effective control environment. Manage people cost assumptions, cost allocation methodology and associated reporting Ensure that expenditure is in full compliance with relevant financial standards and contractual terms. Stakeholder Management Build and maintain key relationships with UKIFS finance business partners and UKAEA finance colleagues. Work across the wider team to share best practice and strengthen overall finance capability. Build strong relationships with colleagues managing parallel reporting processes across UKIFS. Maintain a culture of collaboration within both the UKIFS and UKAEA finance team and with the business, whilst retaining finance role of effective challenge and independence. Embody a Leadership Mindset Embrace and embody our organisation's culture, values, and mission in all aspects of your work. Foster a positive and inclusive team environment that aligns with our cultural values. Contribute to maintaining a respectful and collaborative workplace, valuing diversity, and promoting teamwork. Act as a cultural ambassador, representing our organization's values and professionalism in interactions with colleagues, clients, and stakeholders. Lead by example, demonstrating integrity, professionalism, and ethical behaviour. Make informed decisions and solve problems effectively, considering diverse perspectives and organizational goals. The above is not intended to be an exhaustive list of activities and you may be required to undertake other reasonable tasks or duties requested.