Wellcome Trust Hiring for Finance Analyst (AIT) Job at London, England Full Time

Wellcome is a politically and financially independent global charitable foundation, funded by a £29.1 billion investment portfolio. We support discovery research into life, health and wellbeing, and we’re taking on three worldwide health challenges: Mental Health, Climate & Health and Infectious Diseases.

These challenges need the bold science we support, but they won’t be solved by science alone and because it will take more than science alone to solve these health challenges, we need people who can work with policy, culture, governments and the research community.

Wellcome’s finance team is looking for a Finance Analyst to take part of the Accounting in Training programme. Within the programme students rotate into different areas within the finance department for varying lengths of time of 6 months to 2 years. This is a great opportunity for you to get the accounting training and have exposure to the different tasks and stages of financial accounting and commercial finance cycle.

In this role you will have exposure to the different tasks and stages of financial accounting and commercial finance cycle, whilst working towards your accounting qualification. You will receive our full support to achieve a nationally recognised accounting qualification on this apprenticeship programme which lasts up to 4-years dependent on prior experience.

The programme will cover the following (list not exclusive):

Business and Financial Analysis and Reporting

• Involvement in the preparation of monthly management information

• Provide grant and cost analysis as required

• Review and analyse financial information of high value grants made to high risk institutions

Planning, Budgeting and Forecasting Processes

• Assist with the annual budget and quarterly forecast process, ensure that all expenditure is robustly reviewed and challenged

• Assist the organisation to develop effective operational plans

Influence financial performance and controls:

• Support the organisation to implement suitable and effective internal processes and controls to enable robust governance and risk management

• Promote the benefits of financial controls and reporting requirements to non-financial audiences.

Project activity

• Support the development of robust project plans, with suitable budgets, milestones and deliverable, and provide input into business cases

Due Diligence and Governance

• Support with financial due diligence on institutions applying for Wellcome funding

• Assist with analysis of grant holder budget applications and models

Related Entities Accounting

• Support with the full financial service – including accounting, analysis and reporting, budgeting and forecasting, for relevant entities within the remit of the role

• Involvement in accounting for investment activities for the equities, derivatives, cash and bonds held by our custodian, and for private and direct property assets.

• Support with the preparation of monthly, quarterly and annual statutory and tax reconciliations and reports

To be successful in this role you will have

• Some experience in supporting a finance team in administrative tasks in a finance department, ideally around the preparation of month-end financial reports.

• Keen interest in Finance and its role in an organisation.

• Ability to write comprehensive communications and reports and ability to communicate clearly complex finance matters to a non-finance audience

• Excellent numerical skills and attention to detail

• Experience in customer service

• Computer literate – including Advanced Excel skills, MS Outlook, MS Word and MS PowerPoint skills.

Salary: £28,280.00

Closing date: TBC (Wednesday, 24th of November 2021)

Contract type: FTC (c. 4-year apprenticeship programme dependent on prior experience)

To apply please upload your current CV and complete our short application form.

Questions:

• Please tell us why you want the role in the Finance division at Wellcome?

• The Finance team works with a range of stakeholders and presenting effectively is really important. What attributes would you consider important when you need to deliver a difficult/ complex message to a stakeholder.

• Wellcome is considering funding a charity in a lower middle-income country. Talk us through what considerations should be made before making the payment of the grant.

• Wellcome is a charitable foundation. Talk us through what financial accounts you would expect to see on the Balance Sheet and/ or Income Statement

You can view the full job description here

We understand that our colleagues have commitments and personal interests outside of work and we strive to build a flexible working environment, in which people can perform at their best. We are currently working 2 days per week (Tuesdays and Wednesdays) from our Euston Road offices as part of a hybrid working pilot (until March 2022) with the remaining 3 days from home.

You can read more about the benefits we offer our employees here

Diversity and Inclusion is at the heart of everything we do

Diversity and Inclusion is a priority at Wellcome . We are committed to cultivating a fair and healthy environment, where everyone can be themselves and thrive. We are happy to discuss flexible working options for all roles. We work to ensure that our recruitment processes are as inclusive as possible to everyone. This includes making adjustments for people who have a disability or long-term condition. If you would like us to make adjustments during the application process, please contact us at [email protected] .