AMS PSR

On behalf of UKRI, we are looking for a Financial Reporting Manager (Inside IR35) for a 1 month contract based REMOTELY occasional travel to Swindon as needed.

UK Research and Innovation (UKRI) is the national funding agency investing in science and research in the UK.

UKRI invests £8 billion of taxpayers’ money each year into research and innovation and the people who make it happen. They work across a huge range of fields – from biodiversity conservation to quantum computing, and from space telescopes to innovative health care. They give everyone the opportunity to contribute and to benefit, bringing together people and organisations nationally and globally to create, develop and deploy new ideas and technologies.

Innovate UK Loans Limited (IUKL) exists to deliver the Innovation Loans programme as part of Innovate UK and UK Research and Innovation (UKRI)’s commitment to fostering business-led innovation.

The Financial Reporting Manager for Innovate UK Loans Limited works with multiple teams within UKRI to support both the Group Financial Controller and the Innovate UK Loans company in creating compliant statutory accounts. Liaising with operational, wider finance and cross governmental teams this role encompasses knowledge of financial accounting and wider financial control to ensure best practice.

As a Financial Reporting Manager, your main responsibilities will be:

• Ensuring high quality, compliant statutory accounts are signed off by the Company's auditors on a timely basis. This includes management of Stakeholder’s expectations, writing & presenting papers at the Company’s Board and Audit and Risk Committee.
• Management of the Financial Reporting team & the IFRS 9 & IFRS 13 compliant expected credit loss and fair value models including liaison with NAO, GAD & Moody’s. This includes problem solving & continuous improvement.
• Technical accounting & financial instrument expertise including the ability to explain complexity to senior experienced and non-expert audiences in succinct, understandable terms. This includes advice and support for new types of lending and changes to loans contractual terms that have accounting treatment consequences. Liaison with stakeholders and expert insight into loan & portfolio operations and credit risk teams processes and management information.
• Liaison with industry and Government bodies that have oversight of loan operations including DSIT, UK Government Investments, HMT Government Debt Management Function and Subsidy Control. Forward looking industry intelligence gathering that impacts on future requirements and best practice standards.
• A full contribution to Financial Control Team as a member of the Financial Control Mangers team that reports to the Financial Controller. Display UKRI Finance professional behaviours to encourage a very positive working environment and motivate a high performing team.

Essential:

• Strong technical accounting background with experience in financial instruments, IFRS 7/9/13, and financial reporting gained within financial institutions, government bodies, or audit firms.
• Proven ability to interpret and communicate complex accounting matters clearly to senior leaders, governance bodies, and technical specialists, both in writing and in person.
• Skilled in working with financial and credit‑risk models, delivering high‑quality statutory accounts, meeting tight deadlines, and driving continuous improvement initiatives aligned to audit recommendations and best practice.
• Experience leading and motivating small teams, supported by strong planning, resilience, and proactive intelligence‑gathering to ensure disclosures and reporting reflect evolving industry standards.

Please be aware that this role can only be worked within the UK and not Overseas.

Disability Confident 

As a member of the Disability Confident Scheme, UKRI guarantees to interview all candidates who have a disability and who meet all the essential criteria for the vacancy. In cases where we have a high volume of candidates who have a disability who meet all the essential criteria, we will interview the best candidates from within that group. This scheme encourages candidates with a disability and/or neurodivergence to apply. In exceptional circumstances, we may also need to apply the desirable criteria in our shortlisting process which may include holding active security clearance.

Armed Forces Covenant 

UKRI guarantees to interview veterans or spouses / partners of military personnel who meet all the essential criteria for the vacancy. In cases where we have a high volume of ex-military candidates / military spouses or partners, who meet all of the essential criteria, we will interview the best candidates from within that group. In exceptional circumstances, we may also need to apply the desirable criteria in our shortlisting process which may include holding active security clearance.

In applying for this role, you acknowledge the following "this role falls in scope of the Off Payroll Working in the Public Sector legislation. Any rates of payment quoted will reflect the gross rate per day for the assignment and will be subject to appropriate taxes and statutory costs. As such the payment to the intermediary and your income resulting from this contract will be different".