Job Title: Programme Risk and Finance Manager Role Purpose The Programme Risk and Budget Manager is responsible for overseeing financial control and risk management across a complex, large-scale IT transformation programme.
The role ensures that the programme delivers within agreed budgets, timelines, and risk tolerances, maintaining transparency and accountability for financial and delivery performance.
Key Responsibilities Financial Management Develop and maintain the programmes financial plan, including multi-year budgets, forecasts, and variance analysis.
Monitor and control programme expenditure against budget, identifying variances and recommending corrective actions.
Work closely with finance, procurement, and vendor management teams to track contracts, invoices, and accruals.
Provide regular financial reporting and analysis to programme leadership, highlighting risks, opportunities, and cash flow implications.
Support business case development and financial modelling for programme phases, change requests, and new initiatives.
Ensure financial governance and audit compliance, following internal and external reporting standards.
Risk Management Develop and maintain the programme risk management framework, ensuring consistent risk identification, assessment, mitigation, and reporting.
Facilitate risk workshops with project managers, technical leads, and stakeholders to identify and quantify key risks and dependencies.
Maintain a consolidated risk register, ensuring timely escalation of high-impact risks and issues to the Programme Board.
Define and track key risk indicators (KRIs) and implement risk response plans.
Work with delivery teams to embed a proactive risk culture, promoting ownership and continuous improvement.
Integrate risk and financial data to assess the cost impact of risk exposure and support contingency planning.
Governance & Reporting Support the Programme Director in defining governance structures, reporting standards, and decision-making frameworks.
Produce monthly and quarterly Risk & financial programme performance reports, including financial position, risk profile, and forecast trends.
Present updates to senior executives, steering committees, and audit/review boards.
Ensure that all programme controls align with corporate governance, compliance, and assurance requirements.
Key Skills & Competencies Strong financial acumen and experience managing large IT programme budgets (£10m+).
Deep understanding of risk management principles, methodologies, and tools (e.g., P3M3, ISO *****, or PMI).
Excellent analytical, problem-solving, and decision-making skills.
Strong stakeholder management and communication skills, with the ability to present complex data clearly.
Highly organised, detail-oriented, and proactive.
Advanced proficiency in Excel, Power BI, and project financial tools (e.g., SAP, Oracle, Clarity, or Planview).
Familiarity with programme methodologies (PRINCE2, MSP, Agile, or hybrid delivery).
Experience & Qualifications Bachelors degree in Finance, Business, IT, or a related field (or equivalent experience).
Professional certification preferred: PMI-RMP, APM Risk Certificate, CIMA, ACCA, or PRINCE2 Practitioner.
Minimum 710 years of experience in programme or portfolio-level risk and financial management.
Proven track record managing financials and risks in large-scale IT or digital transformation programmes (multi-million, multi-year).
Experience working in a matrix or complex stakeholder environment (e.g., public sector, finance, telecoms, or enterprise IT).
Personal Attributes Confident communicator with the gravitas to challenge senior stakeholders.
Strategic thinker who can balance control with delivery flexibility.
Collaborative and influential, able to build trust across diverse teams.
Resilient under pressure with a continuous improvement mindset Benefits: Work From Home