This is a permanent, full time role on Crick terms and conditions.
The Francis Crick Institute is a world-leading biomedical research centre and registered charity. Opening in 2016, the Crick is a partnership between the Medical Research Council, Cancer Research UK, the Wellcome Trust, University College London, Imperial College London, and King’s College London.
The Crick promotes connections between researchers and disciplines, and between academic institutions, healthcare organisations, and businesses. Dedicated to research excellence, the Crick has the scale, vision and expertise to tackle the most challenging scientific questions underpinning health and disease. The Crick is currently growing in size, as world-class scientists are recruited – at full capacity, the organisation will be home to over 1,500 employees. Annual revenue exceeds £160million per annum and is expected to grow as the Crick reaches full capacity.
The Financial Analyst will support the Financial Planning & Analysis (FP&A) Senior Manager in business partnering the Research Groups, and Scientific Support functions; and in the implementation of the Crick’s model of Resource Allocation. Maintenance and development of the Crick’s models and mechanisms of cost recharging are a key element of this role. A proficiency for ad hoc reporting and analysis is required, in tandem with the reporting specialist FP&A Manager.
The Analyst will be given the opportunity to develop their career by completing an accounting qualification in their time at the Crick. In line with our commitment to continuous improvement, the Crick will provide leave for exams; in addition to standard the allocation of annual leave.
These include but are not limited to:
- Support the FP&A managers in communicating and explaining budgets, forecasts, and monthly figures to the budget holders throughout the organisation.
- Obtaining information from budget holders to deliver the Crick’s budgets and forecasts.
- Support the grants management team with systematic and ad hoc requests; and collaborate to ensure robust financial management of externally funded science research programmes.
Costing and Re-charges
- Partner with the function heads to develop and refine cost models, considering the maintenance and potential grant recovery.
- Ensure that data pertaining to recharges is collected and validated in a timely manner.
- Investigate the recharge data to gain business insights relating to usage of support functions, and consider how this relates to actual expenditure within those functions.
Budgeting and Forecasting
- Working with the FP&A team, senior management, and budget holders to consolidate and deliver the Crick’s annual budget and financial outlook; including gathering, analysing, and consolidating relevant financial and usage information.
Financial Operations and Control
- Supporting processes leading to smooth month-end reporting.
- Investigation of key budget variances, and reporting to budget holders, both through systematic reports and face-to-face conversations.
The Analyst will deputise for the Senior Manager as needed, as well as completing ad hoc tasks as required. As the Analyst’s abilities develop alongside the Crick’s needs, additional responsibilities will be conferred.
KEY EXPERIENCE AND COMPETENCIES
The Analyst should demonstrate the core Crick values: Bold, Imaginative, Open, Dynamic and Collegial; in addition to the following experience and competencies:
Teamwork and Communication
- Proven ability to work within a broad and diverse team.
- Confidence in communication with stakeholders, including senior members of an organisation, within and outside finance.
Flexibility and Dynamism
- Capacity to manage multiple deadlines and discrete pieces of work simultaneously.
- Willingness and ability to change direction on a piece of work and/or priorities at short notice.
- Ability to efficiently adapt existing work/processes to a new purpose.
- Willingness to work both independently and collaboratively on projects, as best suits the task.
Problem Solving & Reporting
- Significant and creative problem-solving skills, based on the analysis of complex data, and with a focus on driving value.
- Maintenance of attention to detail within complex pieces of work.
- Experience designing and creating system-based and driven financial reports.
- For example, a university degree in an area related to finance, and/or relevant work experience.
- An excellent working knowledge of Microsoft Excel and functional knowledge of other Office products (e.g. Word, PowerPoint, Outlook).
- Progress towards a relevant accountancy qualification (ACCA, CIMA, etc.).
- Experience planning and documenting progress against a medium to long-term project.