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Finance Manager

Heriot-Watt University - Medical Device Manufacturing Centre, MDMC

Location: Edinburgh
Salary: £36,924 to £46,485 Grade 7, per annum (pro-rata)
Hours: Part Time
Contract Type: Fixed-Term/Contract
Placed On: 8th November 2024
Closes: 1st December 2024
Job Ref: 4047

FTE and working pattern: 0.5 FTE, 17.5hours per week

Contract: Fixed term - 18 Months

Holiday Entitlement: 33 days annual leave plus 9 buildings closed days (and Christmas Eve when it falls on a weekday) (pro-rata)

About the Project

The Medical Device Manufacturing Centre, MDMC, was initially funded by the European Regional Development Fund in 2020 as a consortium of 4 universities.  In 2023 it received continuing and enhanced funding from Scottish Enterprise, extending its activities with additional staff at the partner universities, and inclusion of an additional partner, the University of Dundee.

MDMC supports Scottish companies in the translation of medical device concepts through to small batch commercial prototypes. It provides medical device developers and manufacturers with the advice, technical expertise, and facilities essential for companies that are seeking to translate medical device concepts to commercial products. The mission of MDMC is to provide expert advice on manufacturing, engineering, regulatory issues and funding, coupled with technically supported access to manufacturing facilities.

Key Duties & Responsibilities

  • Manage and control all aspects of the financial administration, reporting and claims of the MDMC, including claims from partner institutions.
  • Ensure timely reconciliation, preparation and submission of claims, invoices, financial reporting to funders in accordance with their terms and conditions and within timelines agreed with the funder.
  • This includes the reconciliation and monitoring of eligible expenditure, compilation of claims, quarterly reviews, invoices, expenditure statements ensuring compliance to related regulations and terms and conditions.
  • Maintain clear and accurate records for audit purposes, both internally and externally, complying with funder requirements.
  • Provision and interpretation of financial reporting for the MDMC Management Team, and the Executive Group.
  • Understanding and provision of advice, support and training on grant conditions and project accounting to Investigators and administrators, ensuring compliance and adherence to any specific terms of the project.
  • Liaise with external partners, including collaborating institutions, funding bodies and auditors.
  • Attending the weekly team meeting and meetings with executive group and other stakeholders as required.

Essential & Desirable Criteria

Essential

  • Educated to first degree level or equivalent/equivalent practical experience in the workplace
  • Experience of working within financial management within a research environment.
  • Previous experience of using Oracle Fusion, or extensive experience using a similar accounting software system.
  • Proven relevant experience in research finance management which will have been acquired over several years.
  • Ability to manage budgets
  • Good knowledge and understanding of relevant legal, statutory and governance applications and turning them into good practice
  • Excellent interpersonal, influencing and presentation skills, able to understand and communicate complex issues effectively
  • Experience of working closely with stakeholders across all levels of the organisation
  • Ability to research, analyse and present complex information effectively with good attention to detail
  • High level organisational skills with the ability to prioritise major developments and to function effectively in a pressured environment

Desirable

  • Professional Qualification or membership of Professional body 
  • Experience of working in Higher Education

How to Apply

Applications can be submitted up to midnight (UK time) on Sunday 01 December 2024.

Please submit your CV via the Heriot-Watt on-line recruitment.

Use our total rewards calculator: 

https://www.hw.ac.uk/about/work/total-rewards-calculator.htm 

to see the value of benefits provided by Heriot-Watt University.

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