The Divisional Finance Team seeks to ensure the sound financial management of the Division and its departments. We are formally part of the Finance Division, but are firmly embedded within the Social Sciences Division, and pride ourselves on working closely with senior management in the Division, and with academic, administrative and finance colleagues in departments. Our key responsibility is to lead the Division’s financial planning, budgeting and forecasting activity. We support departments in addressing their challenges – whether through the delivery of specific projects, acting as a source of advice, or by advocating for change on our departments’ behalf across the wider University. We strive to build a network of financial professionals across the Division, ensuring departments can learn from and support each other.
Our Divisional Finance Managers (DFMs) are each linked to 4 departments, where they provide Finance support and are also a focal point for the divisional/departmental finance relationship. The departments are supported as follows:
- Geography (incl. ECI, Smith School & Transport Studies)
- Social Policy & Intervention
- Law (incl. Criminology & Socio-Legal Studies)
- International Development
- Anthropology & Museum Ethnography
- Oxford Internet Institute
- Politics & International Relations
- Global Area Studies
Stephen Powell (DFC)
- Saïd Business School
- Blavatnik School of Government
- Oxford Martin School
- Primary finance support for the Social Sciences Divisional office
The DFMs interactions with departmental finance teams are to:
• support the Division’s budgeting, forecasting and planning activity, ensuring an appropriate level of scrutiny and challenge, as necessary.
• ensure effective monthly controls, reporting and analysis is in place, and that appropriate action is taken as a result.
• develop and enhance departmental reporting processes through improved management information
• effective sharing of best practice
• support departments in responding appropriately to control weaknesses, as identified through, for example, self-assurance processes or audit findings.
• undertake financial planning and analysis in support of decision-making in departments. To include for example, the preparation of business cases, scenario modelling, capital planning etc.
• help identify and deliver finance process improvements.
• provide a level of professional finance support and guidance to existing finance staff within departments.
• offer sound guidance to departments on ways of maximising resources by developing a detailed understanding of each department’s non-research and research activities, as well as of the University’s financial structure and resource allocation mechanisms.