Knowledge/Qualifications, Skills, Experience
Skills
Experience
Job details
Posted 20 February 2026
Salary Grade 8, £50,253 - £58,225 per annum
Location Glasgow
Reference 192314
Expiry 08 March 2026 at 23:45
Job Description
Please note this vacancy is only open to current University of Glasgow employees.
Job Purpose
The Subsidiary Finance Manager is responsible for managing the financial operations across multiple subsidiary companies, ensuring accurate and timely reporting, compliance with statutory requirements, and supporting strategic decision‑making. This role involves overseeing month‑end close processes, preparing management accounts for each subsidiary as required, and contributing to operational discussions at board level.
Main Duties And Responsibilities
Month‑End Close
* Complete all month‑end close procedures for multiple subsidiaries on a timely basis, ensuring the accurate posting of journal entries and the performance of all appropriate financial reconciliations. The role holder will be required to work with other University colleagues to ensure that corrective action is taken in an effective and efficient manner to resolve any reconciling items on these reconciliations
* Ensure accuracy and timeliness of financial data across all entities and work with other University colleagues to ensure that all policies, procedures and internal controls are complied with
* Raise and process timely and accurate invoices for each subsidiary in line with company policies
* Proactively manage accounts receivable and payable across subsidiaries to maintain healthy cash flow
Management Reporting
* Prepare monthly management accounts for each subsidiary, provide insightful variance analysis, ensure adherence to a ‘no surprises’ culture and ensure that the information produced for stakeholders is accurate, timely, relevant and reliable
* Prepare budgets for each subsidiary, ensuring that the process is continually improved both in terms of data quality and analytical insight. As part of the budgeting process, the role holder will be required to liaise with senior management and budget holders, consolidate financial information, produce commentary and ensure that the proposed budgets have been evaluated and approved by relevant stakeholders
* Deliver insights and recommendations to support operational and strategic decisions
Board Engagement
* Attend operational board meetings for each subsidiary to present and shape financial performance and forecasts
* Act as a financial advisor to subsidiary boards on financial matters by providing expert professional advice and guidance
Year‑End Financial Statements
* Prepare statutory year‑end financial statements for each subsidiary, ensuring accuracy, completeness and in compliance with relevant accounting standards and in accordance with the year‑end timetable
* Act as the primary day‑to‑day contact for external auditors and ensure timely completion of audits across all entities
* Lead on the implementation of new accounting standards that impact on the financial statements of the subsidiaries
Intercompany Responsibilities
* Reconcile the intercompany position with the University and work with other members of the finance team to ensure that corrective action is taken
* Responsible for preparing and maintaining the intercompany matrix at year end which is a critical part of the group consolidation
Tax Responsibilities
* Provide any additional information required by colleagues in the wider team for VAT returns and corporation tax returns
* Ensure compliance and provide details for the Construction Industry Scheme if a subsidiary company becomes registered
Regulatory/Statutory Compliance and Internal Controls
* Ensure timely and accurate filings at Companies House (financial statements, changes in directors, annual confirmation statements etc.) after obtaining relevant approvals from directors
* Maintain strong internal controls and ensure adherence to company policies and regulatory requirements across subsidiaries
* Work with other finance colleagues as required in the implementation of the new Finance system (Project Sierra) surrounding the subsidiary companies and the intercompany position
Knowledge/Qualifications
Essential
* A1 CA/ACA/ACCA/CIMA qualified with post qualifying experience commensurate to this level of role.
* A2 Ordinary/Honours Degree (SCQF Level 9, 10 or 11) or equivalent.
* A3 Strong up to date knowledge of the technical accounting environment in the UK.
* A4 Strong technical accounting knowledge.
Skills
Essential:
* C1 Excellent planning and organisational skills.
* C2 Ability to prioritise workload to deliver to tight deadlines and manage competing demands from various stakeholders.
* C3 Ability to identify control weaknesses and recommend and implement solutions to resolve these areas.
* C4 Ability to apply intellectual rigour and analytical insight to support qualitative decision – making.
* C5 Highly effective oral and written communication and interpersonal skills with the ability to challenge assumptions and practices with diplomacy.
* C6 An ability to demystify complex financial concepts for non-financial colleagues.
* C7 Resilient and able to effectively deal with ambiguity and able to maintain momentum in the face of obstacles/setbacks.
* C8 Advanced skills in the use of Microsoft packages such as Excel, Word, Visio, PowerPoint and accounting software packages.
* C9 Strong attention to detail.
* C10 Team working skills.
Experience
Essential:
* E1 Significant professional experience as a qualified accountant.
* E2 Experience of a complex organisation with a large volume of transactions.
* E3 Experience of producing statutory accounts and management accounts.
* E4 Experience of documenting procedures and financial controls.
* E5 Experience of working to tight deadlines.
* E6 Demonstrable experience of continued professional development.
* E7 Experience of preparing management accounts.
Terms and Conditions
Salary will be Grade 8, £50,253 - £58,225 per annum.
This post is full time (35 hours p/w) and open ended. Relocation assistance will be provided where appropriate.
Closing date: 8 March 2026
The University of Glasgow has a responsibility to ensure that all employees are eligible to live and work in the UK. If you require a Skilled Worker visa to work in the UK, you will be required to meet the eligibility requirements of the visa route to be assigned a Certificate of Sponsorship.
Please note that this post may be eligible to be sponsored under the Skilled Worker visa route if tradeable points can be used under the Skilled Worker visa rules. For more information please visit: https://www.gov.uk/skilled-worker-visa.
As a valued member of our team, you can expect:
1 A warm welcoming and engaging organisational culture, where your talents are developed and nurtured, and success is celebrated and shared.
2 An excellent employment package with generous terms and conditions including 41 days of leave for full time staff, pension - pensions handbook https://www.gla.ac.uk/myglasgow/payandpensions/pensions/, benefits and discount packages.
3 A flexible approach to working.
4 A commitment to support your health and wellbeing, including a free 6-month UofG Sport membership for all new staff joining the University https://www.gla.ac.uk/myglasgow/staff/healthwellbeing/.
We believe that we can only reach our full potential through the talents of all. Equality, diversity and inclusion are at the heart of our values. Applications are particularly welcome from across our communities and in particular people from the Black, Asian and Minority Ethnic (BAME) community, and other protected characteristics who are under‑represented within the University. Read more on how the University promotes and embeds all aspects of equality and diversity within our community https://www.gla.ac.uk/myglasgow/humanresources/equalitydiversity/.
We endorse the principles of Athena Swan https://www.gla.ac.uk/myglasgow/humanresources/equalitydiversity/athenaswan/ and hold bronze, silver and gold awards across the University.
We are investing in our organisation, and we will invest in you too. Please visit our website https://www.gla.ac.uk/explore/jobs/ for more information.
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