Research Finance Officer
Posted 4 days ago by Venn Group
£230 Per day
Inside
Hybrid
London Area, United Kingdom
Summary: An opportunity exists for a Research Finance Officer within a prominent Research & Innovation division in London, focusing on the financial management of externally funded research awards. The role emphasizes compliance, accurate reporting, and financial stewardship across a diverse research portfolio. The position is full-time on a 6-month contract with a hybrid working pattern. The successful candidate will manage post-award financial administration and provide expert financial guidance to researchers.
Key Responsibilities:
- Manage the post-award financial administration of externally funded research projects, ensuring compliance with NHS financial regulations and funder requirements
- Maintain accurate project accounts, monitor expenditure, and support timely income collection from external sponsors
- Interpret and apply financial terms from research contracts, ensuring correct project setup, amendments, and reporting
- Prepare and submit regular financial statements to Principal Investigators and senior research finance stakeholders
- Carry out financial controls including identifying miscoding, processing journals, preparing accruals, and supporting year-end financial reporting
- Provide expert financial guidance to researchers and departmental staff on allowable expenditure, budget management, and financial processes
- Support project closure processes, including reconciliations and preparation of final financial claims
Key Skills:
- Experience in financial administration, ideally within research, higher education, NHS, or another public-sector environment
- Strong understanding of project accounting, financial controls, and budget management
- Ability to interpret financial information, manage multiple deadlines, and work independently in a fast-paced environment
- High level of computer literacy, including experience with financial systems (Oracle desirable)
- Knowledge of research funding mechanisms, NHS finance, or funder reporting requirements
Salary (Rate): £230 daily
City: London
Country: United Kingdom
Working Arrangements: hybrid
IR35 Status: inside IR35
Seniority Level: undetermined
Industry: Other
An exciting opportunity has arisen for a Research Finance Officer to join a leading London based Research & Innovation division within a major healthcare and academic partnership. This pivotal role supports the financial management of externally funded research awards, ensuring compliance, accurate reporting, and high-quality financial stewardship across a diverse research portfolio.
Role information:
- Contract type: Full time, 6-month contract
- Pay rate: £230 per day (Umbrella rate)
- Location: East London – Hybrid Working Pattern
- Start date: April
Job responsibilities:
- Manage the post-award financial administration of externally funded research projects, ensuring compliance with NHS financial regulations and funder requirements
- Maintain accurate project accounts, monitor expenditure, and support timely income collection from external sponsors
- Interpret and apply financial terms from research contracts, ensuring correct project setup, amendments, and reporting
- Prepare and submit regular financial statements to Principal Investigators and senior research finance stakeholders
- Carry out financial controls including identifying miscoding, processing journals, preparing accruals, and supporting year-end financial reporting
- Provide expert financial guidance researchers to researchers and departmental staff on allowable expenditure, budget management, and financial processes
- Support project closure processes, including reconciliations and preparation of final financial claims
Candidate profile:
- Experience in financial administration, ideally within research, higher education, NHS, or another public-sector environment
- Strong understanding of project accounting, financial controls, and budget management
- Ability to interpret financial information, manage multiple deadlines, and work independently in a fast-paced environment
- High level of computer literacy, including experience with financial systems (Oracle desirable)
- Knowledge of research funding mechanisms, NHS finance, or funder reporting requirements
This vacancy will be actively shortlisted, so early applications are encouraged to avoid missing out. Venn Group is an equal opportunities employer and employment agency and welcomes applications from all candidates.