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Stockton-on-Tees Borough Council

Big plans, bright future

Business Finance Manager

Vacancy Id:
£51,361 - £54,641 per annum
Closing Date:
Benefits & Grade:
Grade SM4
Contract Details:
Contract Hours:
37 hours per week
Interview Date:
11 and 12-04-2018
Job Description:
We are at the forefront of northern growth, and a flagship for successful devolution.

The appointee will be the Authority's business facing Finance lead and will proactively drive an integrated business financing function within the Combined Authority, including evaluating funding applications, advice to the Combined Authority on the best funding solutions for business propositions, co-ordinating the various sources of Combined Authority-funded finance available, liaising with local businesses, business organisations and intermediaries and signposting businesses to the best source of funding for their needs, and managing associated due diligence arrangements, all in support of the delivery of the Combined Authority's Strategic Economic Plan.

The Tees Valley Combined Authority is responsible for overseeing around £½ billion in investment funds, with more to come through new devolution deals.

Straddling the boundaries of County Durham and North Yorkshire, the Tees Valley covers five local authorities - Darlington, Hartlepool, Middlesbrough, Stockton and Redcar & Cleveland - with a combined population of 660,000.
The Authority incorporates the highly successful Local Enterprise Partnership and sustains strong links with the local business community and other partners. Together, we aim to create 25,000 jobs and £2.8bn extra growth by 2026.
This is an exciting opportunity to take a key role in helping us achieve those goals.

Having recently expanded our senior management capacity we are now looking to recruit a Business Finance Manager to give advice and support to all areas of our operations, and lead on liaising with local businesses, business organisations and intermediaries to identify the best source of funding for their business development needs, including any internal and external grant and commercial funding mechanisms.

You will have a demonstrable track record in raising corporate finance, directly or in an advisory capacity, plus experience with different types of finance, including both debt and equity and experience of drawing up and/or assessing business funding applications, including managing due diligence processes.

For detailed information on this role, please refer to the Job Description and Person Specification.

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008558 Business Finance Manager.pdf