United Kingdom Job Openings

UK Atomic Energy Authority

Head of Finance - UKIFS Ltd.

Culham

FULL TIME

September 12, 2024

Company Description
Company Description:

The UK Government has established UK Industrial Fusion Solutions (UKIFS) Ltd., a subsidiary of UK Atomic Energy Authority (UKAEA), to lead the charge in delivering fusion energy through design and delivery of the Spherical Tokamak for Energy Production (STEP) protype fusion plant. UKIFS is establishing itself, setting up the company, attracting talent, engaging with industry, developing a supply chain, and planning and constructing of the STEP prototype.
Fusion energy, crucial for combating climate change and ensuring energy independence, is expected to be commercially viable by mid-century. The UK, led by UKIFS, aims for a prototype fusion plant, targeting first operations around 2040. UK Industrial Fusion Solutions Ltd. will lead delivery, collaborating with industrial partners and building a fusion supply chain with an estimated global sector value of £7tn per year. Join UKIFS and the STEP programme to be involved in this groundbreaking journey.
As an employee of UKIFS, 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 and the right to request flexible working from the start of your employment.
  • 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 being fully inclusive
The salary for this role is £79,638 and our hybrid working policy is to be onsite for 3 days per week.

Job Description

For more information on UKIFS, visit: https://careers.ukaea.uk/wp-content/uploads/download/UKIFS_Candidate Recruitment Pack.pdf

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.
The Role
Are you looking for an exciting opportunity to make a difference on a global scale? Join our team and contribute to the future of fusion energy as Head of Finance in the UKIFS Finance Team. In this role you will play a pivotal role in ensuring effective financial management across the company, working closely with other finance team colleagues, the programme team, our industry Partners and other stakeholders in ensuring we maximise use of project funding, manage finances effectively, establish coherency between programme and financial controls and develop an effective finance business partnering capability within the company.
You will support the Finance Director in the financial transformation to a registered company that leads a complex major programme with large delivery partners from industry. Building a company within fusion is new to the UK, and whilst this is an exciting challenge, you will need to be comfortable with uncertainty and ambiguity as we build UKIFS Ltd. and its team. The role will be helping to lead the establishment of a major programme and limited company at its foundation stage. You'll have the opportunity to build a team, set strategies and design and embed new procedures and processes as the company develops.
Additional Responsibilities:
  • Lead the effective delivery of a world-class finance business partnering service to UKIFS as it transforms into a company with a complex operating structure and multiple large delivery partners.
  • Oversee the preparation, monitoring and management of the company’s annual operating budget to ensure that all financial targets are met and resources are prioritised to ensure delivery of UKIFS objectives
  • Provide excellent strategic financial analysis and advice relating to financial performance to the Executive, analysing trends, variances and risks to support management of the in-year financial position
  • Work closely with the programme costing team on setting budgetary controls, and effectively managing and controlling scope and costing changes
  • Develop a strong understanding of the business and ensure effective financial decision-making support UKIFS in delivery of its objectives.
  • Collaborate closely with key senior UKIFS staff across the Programme, Commercial and Risk and Assurance teams as well as with Whole Plant Partners and UKAEA teams to ensure the effective management of UKIFS finances and advising on complex financial issues.

Qualifications
Essential Requirements:

  • Qualified accountant, with significant post qualification experience in senior finance roles as a Finance Business Partner or Head of Finance
  • Extensive experience in financial planning, budgeting, forecasting, and analysis as applied to major programmes.
  • Excellent leadership skills with the ability to build inspire and motivate finance teams.
  • Excellent interpersonal skills with the ability to build and maintain effective relationships, work effectively across matrix teams and support senior stakeholders both internally and externally.
  • Excellent analytical, problem-solving, and strategic thinking skills
  • Effective communications skills with ability to analyse, interpret, and communicate complex data to a wide audience outside of the finance function including programme delivery teams and other key senior stakeholders, and inspire confidence in taking relevant stakeholders methodically through complex financial information

Additional Information
A full list of our benefits can be found here https://careers.ukaea.uk/life-at-ukaea/employee-benefits/

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.
For applicants applying from outside the United Kingdom or those who have spent time outside the UK in the last five years, please visit the following link for information on criminal records checks: https://www.gov.uk/government/publications/criminal-records-checks-for-overseas-applicants If your country of residence or previous residence is not listed on the website or if the UK Government does not have information on obtaining a criminal records check from that state, we regret to inform you that we cannot process your application.
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