Corporate Finance Manager - Defence
UKGI Defence Corporate Finance (UKGI DCF)
Within the team you will primarily support on work providing financial and strategic analysis and advice on Ministry of Defence (MOD) suppliers (e.g. Rolls Royce, BAE Systems) to senior stakeholders in MOD and across Whitehall.
The team’s corporate finance expertise is also drawn upon for wider strategic and company-specific projects, to help manage MOD’s relationship with the supply chain and optimise defence outputs including potential intervention and contingency planning.
Recent examples of some of the work the team has done includes:
• Contributing to the Defence & Security Industrial Strategy including a significant paper on potential interventions in the supply chain
• Briefing No.10 on potential considerations related to the increasing interest of US companies looking to acquire critical UK defence companies
• Provision of evidence for House of Commons Defence Committee inquiries into foreign ownership of UK defence suppliers
• Briefing to senior MOD officials on the impact of ESG considerations on the defence industry
• Presenting to senior HMG stakeholders on defence supplier performance, strategy and key developments as part of cross-Whitehall One Government Days
We are looking for a Manager to work across arrange of projects both within UKGI Defence and potentially wider UKGI. Managers will normally have 3-5 years’ experience in one or more of the following areas with a proven corporate finance background at analyst or associate level (or equivalent):
• corporate finance,
• investment banking,
• private equity,
• mergers and acquisitions, and
• financial strategy.
Specific tasks of a Manager in UKGI might include; regular financial analysis and reporting to Assistant / Executive Directors; financial modelling including reviews of historic and projected performance; regular portfolio monitoring to support quarterly and annual shareholder reviews; valuation of the Government’s holdings; supporting Assistant/Executive Directors on specific portfolio companies, cross-portfolio discussions and external interactions (with portfolio companies and other Government Departments); working with key stakeholders and external advisers to execute major asset sales by the Government; providing analytical support on UKGI’s involvement in special situations and the Government’s commercial negotiations.
We are looking for applicants to be able to demonstrate the following skills and behaviours:
• an understanding of financial analysis, company valuation and accountancy; professional qualification (e.g. ACA or CFA) preferred
• a good understanding of corporate finance;
• strong written and oral communication skills to be able to convey complex financial scenarios with clarity, conviction and enthusiasm to non-specialists;
• financial modelling;
• relationship management of a range of senior level stakeholders both internally and externally;
At UK Government Investments (UKGI), we provide the government with expertise in corporate finance and governance. What we do is unique. We are responsible for ensuring the effective governance and stewardship of government owned companies (such as NatWest Group and the British Business Bank), advising the government on corporate finance issues (including interventions into distressed corporate structures, such as Thomas Cook, British Steel or UK’s acquisition of satellite firm OneWeb) and all significant UK government asset sales (for example, the sale of the Green Investment Bank, sale of UK residential mortgages (most recently through a £4.9 billion disposal in 2019), securitisation of the Student Loan book or the IPO of the Royal Mail). The work we do is significant in terms of social, economic and political impact.
Wholly owned by HM Treasury (HMT), UKGI has a team comprised of c.160 experts which is quickly growing, drawn from the private sector (from banks, accountancy and legal firms) and from the Civil Service to ensure we provide government departments with high quality advice that is delivered and acted upon in the best way possible.
Working for UKGI provides a unique opportunity for talented individuals from both the public and private sector to contribute to work of national importance.
UKGI has a strong commitment to equality and diversity. Our aim is to be an open and inclusive organisation, recruiting and retaining diverse, talented, and high-performing people who support and develop one another.
At UKGI we are fully committed to supporting staff to realise their potential and achieve a healthy work-life balance. We operate a hybrid working model based and expect employees to be in the office for 50% of their time. The post is available on a full time, part time or job share basis, and applications from individuals seeking flexible working, reduced hours contracts and job shares are actively encouraged.
At UKGI we place a high degree of value on work life balance and as such applications from individuals seeking flexible working, reduced hours contracts and job shares are also actively encouraged
UKGI is a Disability Confident Employer. This means we’ve been recognised as an employer which is confident and leading the way in recruiting and retaining staff with disabilities. We will offer an interview to any applicants with a disability who have indicated they wish to take part in the disability confident scheme, provided they meet the essential criteria for the post set out in the person specification.
UKGI is also part of the ‘Great Place to Work for Veterans’ initiative. This means that as part of our commitment to diversity and equality in our recruitment and retention policy, we will offer an interview to any eligible applicants from Her Majesty’s Armed Forces provided they meet the essential criteria for the post set out in the person specification. Please indicate on your application that you wish for your application to be considered as part of this initiative.