Finance Manager – Treasury and Pensions
(Town Hall, South Shields)
£61,567 pa
ABOUT THE ROLE
This is a key post within the Tyne and Wear Pension Fund. As part of the Senior Management Team, you will be responsible for developing, implementing and monitoring the financial control environment for the Fund as well as getting involved with the Fund’s investments and leading on the Treasury Management activities of the Fund and the Council.
The role has responsibility for a small team, so you must have strong management and leadership skills, with the ability to communicate effectively and diplomatically right across the board and lead by example. Demonstrating passion and enthusiasm, you will have experience in a finance or pensions environment, with a good understanding of accounting requirements and financial controls.
Ideally, you will also be familiar with working in an investment environment and have some experience of dealing with elected members (investment experience is not essential as training will be provided).
We encourage productive, flexible working and we will provide you with the technology you need to work from a variety of locations. You will be welcomed by a progressive and talented team.
ABOUT SOUTH TYNESIDE COUNCIL AND TYNE AND WEAR PENSION FUND
South Tyneside Council is the administering authority for the Tyne and Wear Pension Fund. The Tyne and Wear Pension Fund is a high achieving Fund. It is the fourth largest Local Government Pension Fund in England and Wales, which is currently valued at £13.7 billion. It has over 190,000 members and around 300 active employers, including the five Councils within the Tyne and Wear area and also Northumberland County Council.
We are constantly striving to improve and innovate. We have recently completed the successful Administration Shared Service with the Teesside Pension Fund. This is an important strategic partnership for the Tyne and Wear Pension Fund which will see many pensions administration services delivered on behalf of the Teesside Pension Fund.
The Pension Fund is in a very healthy position with a funding level in excess of 100%. This has led to the Fund initiating a programme of de-risking through changes to our investment and funding strategies. The Fund is one of eleven owners of the Border to Coast Pensions Partnership, our investment pooling partner. You will play an active role helping to shape the overall direction of the Partnership, ensuring appropriate financial controls are in place and investment products are being developed. Building on this successful partnership and strong working relationship, realising the synergies and the opportunities of joint working will be key to the future development of the Fund.
We are a strong performing Fund providing the platform to have a fulfilling, challenging and successful career. This is an exciting time to be joining the Tyne and Wear Pension Fund. We have successfully grown in recent years and are looking for someone with strategic vision to help us in the next stage of our journey.
ADDITIONAL INFORMATION
You might find the following of interest in considering this role:
Pension Fund Website - http://www.twpf.info/
Pension Fund Report and Accounts - http://www.twpf.info/article/11976/Full-Annual-Reports-and-Accounts
Investment Policy Documents https://www.twpf.info/article/10092/Overview
Service Plan - Plans and policies https://www.twpf.info/article/10178/Plans-and-policies
Border to Coast Pensions Partnership Website - https://www.bordertocoast.org.uk/
For an informal discussion about this post, please contact Neil Sellstrom, Principal Investment Manager at neil.sellstrom@southtyneside.gov.uk
We offer an excellent benefits package and further information is available here - www.southtyneside.gov.uk/workinghere
We do not currently offer skilled worker visa sponsorship.
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Closing date: Midnight, Sunday 6 July 2025.
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