Route Financial Director

Job Type:Full Time

About Network Rail

Network Rail is at the heart of revitalising Britain's railway. From Crossrail - Europe's largest civil engineering project - to investment in world-class stations and major programmes of electrification, we're involved in some of the most ambitious and diverse ventures that this country has ever seen.

Network Operations plans, operates and maintains the railway day-to-day. Our business units - 'routes' - work closely with our customers, and are accountable for improving customer service, safety, and performance, as well as providing a value for money railway.

Brief Description

To provide the necessary expertise, guidance and challenge to the Route Managing Director and their management team for the financial control of all business activities. Lead and motivate the finance team to achieve world class levels of business partnering.

To direct the route in all aspects of financial control, planning and management, business analysis to comply with corporate financial standards and policies. To work with the Route Managing Director to deliver the efficiency targets required of a devolved route.

About the role

1.As business partner to the Route Managing Director, provide strategic direction to the function in order to drive business improvement and efficiency.Be the primary interface with regulator for future route based regulation.

2.Lead the routes strategic business planning process, delivering a plan which is aligned to the NR strategic business plan and meets its outputs whilst delivering outputs defined by route agreements.

3.Lead and motivate the teams so as to provide a World Class service to the business, as business partners the teams should provide an efficient and effective service.

4.Drive innovation and commercial acumen with the route business to exploit opportunities to increase performance and FPM.

5.Lead the route Investment process, providing financial input so that the right business decision is reached for the asset.

6.Carry out rigorous business case appraisal for investment decisions, challenging risks, opportunities and contracting strategies.

7.Lead the route corporate governance strategy, so that compliance is maintained with proper accounting practices, policies and strategies. Uphold financial disciplines and controls across the devolved route business.

8.Establish and carry out Business review process of the operating units with the Route Managing Director.

9. Develop and maintain relationships with key internal and external stakeholders, providing financial and commercial expertise in customer/supplier negotiations as appropriate.

10.Manage Commercial claims resolution within the operating unit.

11.Contribute to the acquisition of funding support and effectively oversee the funding process, raising alternative sources of finance to traditional sources in conjunction with relevant stakeholders

Job Skills, Experience and Qualifications


    Full membership of relevant professional body with demonstrable relevant post qualification experience

      Strong functional leadership with proven success in the business planning process that requires extensive stakeholder communication and relationship management

        Proven success in building and leading high performing teams on major initiatives including capital development programmes

          Experience of working within a regulated environment or with an interface to government, or government owned bodies

            Experience within at least 2 different finance disciplines within Network Rail and/or external organisations

              Relevant experience in procurement, negotiation and the commercial management of suppliers

                Strong commercial focus and experience of developing commercial strategies


                  Other relevant professional qualifications

                  How to apply

                  Network Rail welcomes applications regardless of age, disability, marital status (including civil partnerships), pregnancy or maternity, race, religion or belief, sexual orientation, transgender status, sex (or gender), employment status, trade union affiliation, or other irrelevant factor. We will interview all disabled applicants who meet the essential criteria. We positively embrace flexible working recognising that employees may wish to balance work and family/home life.

                  Keeping people safe on the railway is at the heart of everything we do, safe behaviour is therefore a requirement of working for Network Rail.Applicants should demonstrate their personal commitment to safety in their application.

                  Network Rail can offer you a rewarding career with competitive pay and excellent benefits including a choice of contributory pension schemes, a generous annual leave package, a bonus scheme and an annual 75% subsidy on season tickets costing up to £3,333 (to a maximum amount of £2,500).

                  We adhere to a structured pay framework, any salary offered will be within the following pay range: £107,428 - £127,890

                  *please note this role may be offered as a 1 year fixed term contract, rather than permanent. This will be discussed at interview.

                  Network Rail is required to comply with UK Government standards when carrying out pre-employment checks for all new starters; this includes a basic criminal record check. In addition to the basic criminal record check, in accordance with the UK Government we are also required to verify your identity, right to work in the UK and previous three years employment history.

                  Closing date: 23-01-2019. Late applications will not be accepted. We retain the right to close the advert before the listed closing date based on application volumes.