Finance Director

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Closing Date:
07/02/2025

Group:
Corporate Group

Management Level:
Senior Management Specialist

Job Type:
Permanent

Job Description:

Application Process:

Audeliss Executive Search is managing this vacancy on behalf of Ofcom.

To apply for the position or for more information, please send a copy of your CV to quoting reference 'Ofcom Finance Director 24/25'.

Please note that applications for this role will close on Friday 7th February.

About Ofcom:

As the UK's communications regulator, we're delivering vital work that helps keep the UK connected and shapes the future of how we'll stay connected with each other. Our work covers everything from phones and broadband, through to TV, radio, the postal service, and wireless devices. We're also taking on the challenge of making the online world a safer place. And we need people of all backgrounds, skill sets, and experiences to help us achieve our goal of making communications work for everyone.

About the team you'll be part of:

The Finance Director leads the finance, commercial and risk teams at Ofcom (48 people in total) and is a trusted advisor to the Board, Chairman, Chief Executive and Group Directors. You will report to the Chief Operating Officer (COO) and sit on the Policy Management Board.

You will also be an integral part of the Corporate Group management team, providing support and cover for the COO as necessary.

Key responsibilities:

You will be responsible for Ofcom's financial and commercial strategies and operations. As a senior leader, you will also be responsible for developing and retaining key talent within the team while acting as a champion of change, encouraging an environment that values excellence, collaboration, agility, respect and empowerment.

Finance, Funding and Commercial

• Financial stewardship of the business, working closely with Board, CEO and Group Directors and in line with Managing Public Money guidelines as appropriate
• Design, drive and deliver financial planning, partnering and reporting approach as part of the wider strategic planning process
• Accountability for the required statutory financial control and reporting, including annual report and accounts
• Develop the finance strategy to improve efficiency and effectiveness
• Lead negotiations with DSIT and HMT for setting the spending cap
• Responsibility for the tariffs and fees regime from stakeholders
• Management of all relevant external relationships with finance stakeholders
• Accountability for commercial & procurement function, ensuring robust processes and value for money
• Trustee of Ofcom's Feeder Trust for two closed defined benefit pension schemes

Risk and Audit and Health & Safety

• Accountability for the risk, corporate security, health and safety function and Ofcom's environmental management system, driving the risk management culture throughout the organisation, ensuring a robust risk management framework
• Build effective relationship with the Chair of Risk & Audit
• Responsibility for internal audit (outsourced) and risk management systems and for relationship with external auditors (NAO)
• Chairing Security Committee, ensuring the organisation has robust framework to manage its security challenges
• Chairing Health & Safety committee, ensuring arrangements are robust

Leadership

• Leading and managing teams across finance, commercial and risk, providing leadership and direction
• Develop a highly skilled, effective and motivated team, with a focus on career development and succession planning
• Drive process improvements by identifying and leveraging best practice internally and externally
• Act as a trusted advisor, and build and maintain relationships with colleagues and leaders to develop a clear understanding of business needs
• Ensure cost-effective delivery of financial and commercial services to meet those needs
• Play a lead strategic role in Corporate Group, building close partnerships with directors in People & Culture, ICT and Data to ensure a collaborative culture and approach

The skills, knowledge and experience you'll need for success:

• Proven, relevant experience in a senior finance leadership role in a complex environment
• Public sector finance experience is essential
• Understanding of the role of a regulator
• Proven ability to demonstrate a high degree of awareness of political sensitivities, agility, discretion and diplomacy, safeguarding Ofcom's reputation for sound financial management
• Strong ability to rapidly build respect and trust with a diverse range of internal and external stakeholders, including government
• Ability to operate in a fast paced, high-pressure environment, delegating across the team appropriately
• Evidence of a proactive and strategic working style, thinking ahead to anticipate and being agile in how to manage issues effectively
• Ability to drive organisational change and build capabilities that effectively balance the needs between continuously exploiting capabilities to optimize operational efficiency and delivering innovative and agile finance solutions to enable the business

Qualifications:

• Qualified accountant, with membership of a professional body and with considerable post qualification experience at a senior or director level

Ofcom has a clear mission: to make communications work for everyone. To be able to deliver on this, we want our organisation to reflect the diversity of background, experience, upbringing and thought that exists across the UK. We aim to recruit from the widest pool of candidates possible - no matter your social background, ethnicity, sexual orientation, gender or disability.

Where positions are listed as full-time, we remain open to reduced hours, part-time arrangements, job shares, and other flexible working options. From day one, we champion flexible work arrangements to accommodate individual needs.

We also warmly welcome applicants who are returning to the workforce after a break - for whatever reason. If you have taken time away and are ready to rejoin, we look forward to reviewing your application.

Our recruitment processes prioritise accessibility and inclusivity. If you need information in an alternative format or have specific preferences, please contact our recruitment team at or call .

As a Disability Confident employer, we offer interviews to disabled applicants who meet essential criteria for advertised roles.