UK Research and Innovation (UKRI), Chief Finance Officer

Announced
Body: UK Research and Innovation (UKRI)
Appointing Department: Department of Business, Energy and Industrial Strategy
Sector: Business, Finance & Skills
Location: London and Swindon
Number of Vacancies: 1
Remuneration: c. £142,000 per annum, plus pension and performance related pay - Depending on the skills and experience of the successful applicant, the roles and responsibilities of this position may be adjusted and the remuneration package discussed with individual candidates.
Time Requirements: Full time

Announcement

An announcement has been made on the outcome of this appointment.

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Campaign Timeline

  • Competition Launched

    07/04/2017

  • Closed for Applications

    15/05/2017

  • Panel Sift

    12/05/2017

  • Final Interview Date

    31/05/2017

  • Announcement

    08/09/2017

 

Assessment Panel

  • Sir Mark Walport Added 07/04/2017

    Panel Chair

    UKRI Designate CEO • Representative of Organisation

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  • Angie Ridgwell Added 07/04/2017

    BEIS DG Finance and Commercial • Departmental Official

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  • Jenny Dibden Added 07/04/2017

    BEIS policy representative • Departmental Official

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  • Fiona Driscoll Added 07/04/2017

    Governor of Nuffield Health in January 2010. She is Chair of the Audit Committee and a member of the Finance and Investment Committee and the Executive Remuneration Committee. • Independent Member

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Vacancy Description

The Secretary of State for Business, Energy and Industrial Strategy is now looking to appoint UK Research and Innovation’s Chief Finance Officer (CFO). The CFO will be vital to the success of this new organisation.  Working closely with the interim Chair, the CEO, the Board (of which they will be a member) and stakeholders across the sector, the CFO will aid in the design and establishment of the new organisation, building vital relationships, developing strategy, and putting the working model for the new system in place.  They will shape and lead a globally important, pioneering new organisation.

This is a high profile role, and we are seeking candidates with the experience and personal characteristics to command credibility. The successful candidate should have a proven track record as the financial and operational leader of a large and complex organisation, and have a personal commitment to the success of UK research and innovation. In order to ensure that the UK Research and Innovation Board is made up of Members with the appropriate level of skills and experience, both UK nationals, and international candidates are encouraged to apply.

The CFO will: advise on key strategic and operational decisions, in their role as a member of the Board; will be a key part of the executive team, leading on the implementation, introduction and management of the organisation’s financial systems and processes; lead on the design and implementation of the corporate service function; as well as acting as the Deputy Chief Executive Officer of the organisation.

 

The Organisation:

 UK Research and Innovation (UKRI), is a new non-departmental public body which is being created to strengthen the strategic approach to future challenges and maximise value from government’s investment of over £6billion per annum in research and innovation. It will deliver a strengthened, unified voice for the UK’s research and innovation funding system, facilitating the dialogue with government and partners on the global stage. It will build on the UK’s world class research and innovation performance enabling the system to respond rapidly and effectively to current and future challenges.

Delivering these benefits requires confident and empowered leadership within this new organisation. The creation of UK Research and Innovation will retain the key characteristics of the current system that have underpinned the UK’s success, such as discipline leadership and autonomy, and dual funding. UK Research and Innovation will provide strategic oversight of the functions of the seven Research Councils, Innovate UK, and the Higher Education Funding Council for England’s (HEFCE) research and knowledge exchange functions (to be known as Research England).

The UK Research and Innovation Board will be critical to ensuring the success of the organisation. The Board will consist of the Chair, Chief Executive Officer, Chief Finance Officer (CFO) and between 9-12 Non-Executive Members. This advertisement is for the Chief Finance Officer position. The government are interested in candidates from across the UK and internationally.

Person Specification

This is a high profile role, and we are seeking candidates with the experience and personal characteristics to command credibility. The successful candidate should have a proven track record as the financial and operational leader of a large and complex organisation, and have a personal commitment to the success of UK research and innovation. In order to ensure that the UK Research and Innovation Board is made up of Members with the appropriate level of skills and experience

The Department of Business, Energy and Industrial Strategy wishes to attract the highest calibre of candidates for this pioneering role. It is expected that prospective applicants will have many of the following experiences and attributes:

        1. A CCAB, CIMA or overseas equivalent qualified accountant complying with relevant CPD requirements or with suitable alternative experience.
        2. Someone of industry leading standing with experience across the research and innovation sector who can inspire teams and colleagues.
        3. A proven track record as the financial and operational leader of a large and complex organisation, with experience of managing multi-million pound complex budgets.
        4. The ability to operate as part of the executive team of a global facing and world leading establishment
        5. Significant commercial acumen, business knowledge, a strong understanding of financial management, complex procurement and corporate operations
        6. The ability to drive the design and successful implementation of significant programmes of change to corporate services, across a diverse portfolio, understanding where flexibility and fast-moving responsiveness is required
        7. A strategic thinker with the ability to translate ideas and policy into action in the delivery of customer focused services.
        8. Understanding and relevant experience of the political sensitivities and the workings of both government and its partners and customers.
        9. An understanding and commitment to the values of accountability, probity, openness and diversity. A significant grasp of public accountability and the associated obligations.

Applications are welcome from all, especially women, minority ethnic and disabled candidates who are under-represented at this level in public life.

Additional Information

The Chief Finance Officer will be appointed for a term of four years, with the potential for extension and/or renewal at the discretion of the Secretary of State for Business, Energy and Industrial Strategy.

 

How to Apply

The closing date for applications is 8th May 2017.

Please submit the following documents by email to
publicappointments@beis.gov.uk

• A covering letter
• A CV
• Completed candidate application form
• Completed diversity monitoring form

Please ensure that you include “UK Research and Innovation (UKRI) Chief Finance Officer” in the subject box of your email.

Alternatively, you can send your application in hard copy to:

Central Appointments and Remuneration Team
Department for Business, Energy and Industrial Strategy
7th Floor, Spur 2
1 Victoria Street
London
SW1H 0ET

Documents can be provided in other formats on request.

Attachments
UK Research and Innovation (UKRI) Chief Finance Officer- Diversity monitoring form
CFO job specification
UK-Research-and-Innovation-UKRI-Chief-Finance-Officer-Applicant-pack
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