Chief Financial Officer

Shape the Future with the National Wealth Fund

At the National Wealth Fund, our mission is to swiftly and effectively mobilise trusted sector insights and investment expertise to unlock billions in private finance for projects across the United Kingdom. Providing £27.8bn of capital and an expanded mandate, we are ready to help the market invest with confidence, continue to drive forward the Government's growth ambitions. We are looking for skilled and results oriented individuals who are motivated to help us build the National Wealth Fund into an industry-leading institution.

We are delighted to be partnering with Russell Reynolds Associates in the search for this crucial role.

Location:

Hybrid working with a minimum of 3 days per week in the Leeds office.

Reporting to

CEO

Contract

Permanent, Full-Time

Role Purpose

The Chief Financial Officer will be a key strategic partner to the CEO, Board and Executive Committee, helping to shape the financial strategy, performance and long-term sustainability of the National Wealth Fund. As both a Board and Executive Committee member, the CFO will contribute well beyond the leadership of the finance function. They will bring financial and commercial judgement to the Fund’s strategy, provide constructive challenge as its portfolio grows, and help ensure that capital is deployed effectively against the National Wealth Fund’s objectives.

The CFO will lead across balance sheet and capital management, financial performance, governance and control, while ensuring that the Fund has the financial capability, systems and talent required for its next phase of growth. They will also be a senior external representative of NWF, building confidence and trusted relationships across government, financial markets and the wider investment community.

Key Responsibilities Strategic and Enterprise Leadership

• Act as a trusted adviser to the CEO, Executive Committee and Board on strategy, performance and long-term value creation.
• Support the development and execution of the Fund’s strategy, ensuring robust financial insight informs key decisions.
• Provide strategic leadership and challenge on capital allocation, portfolio optimisation, balance sheet development and investment performance.
• Identify and evaluate growth opportunities, strategic partnerships and innovative approaches to delivering the organisation’s objectives.
• Bring external market insight and commercial perspective to Executive and Board discussions.

Commercial and Financial Performance

• Maintain accountability for the Fund’s financial performance, balance sheet and capital resources.
• Drive high-quality financial planning, forecasting, performance management and decision support.
• Provide commercial challenge and insight on major investments, initiatives and strategic opportunities.
• Ensure effective management of financial resources to maximise both investment impact and organisational performance.
• Develop reporting and performance frameworks that support informed decision-making at Board and Executive level.

External Stakeholder Management

• Represent the Fund with Ministers, HM Treasury, other government departments, investors, regulators and other senior stakeholders.
• Develop strong, productive relationships across government and industry.
• Act as a credible ambassador for the Fund within the financial and investment community.

Governance, Risk and Controls

• Lead the maintenance and continued evolution of the Fund’s financial control environment and financial risk management framework.
• Ensure the organisation meets the highest standards of financial governance, reporting and regulatory compliance.
• Support the CEO in fulfilling their responsibilities as Accounting Officer.
• Act as Senior Accounting Officer for the Fund, ensuring all…