Full job description Our Bursar
Emmanuel College prides itself on its friendly, open and welcoming ethos. In running our finance, investments and operational functions, our next Bursar will build upon and enhance our core values of community and inclusivity. The Bursar is at the very heart of what we do.
Emmanuel was founded in 1584 and is one of the colleges of Cambridge University. We are self-governing and independent from the university in administration and governance, although we contribute substantially to the work carried out in the university.
Emmanuel has 90 Fellows, who are actively involved in teaching and research both for the College and for the university, and some 750 students (approximately 500 undergraduates and 250 graduates). For most of our students, including all undergraduates, the College provides a home, tuition, library and computing facilities, welfare support, and resources for extra-curricular activities. We admit undergraduates to read almost all subjects, from a wide range of backgrounds, with over 70% of home students coming from the maintained sector. We work hard to maintain the academic excellence of our students – the College has consistently achieved strong university examination results – and at the same time we are keen to develop our supportive and friendly culture.
The College is well resourced and runs well. Our style is collegial and cooperative. We are looking for a Bursar to enhance what we currently do and develop further much that is already good.
The Bursar is the senior administrative post within the College, and the College’s financial lead. On a day-to-day basis the Bursar works closely with the Master, the Senior Tutor, the Development Director, the Secretary to the Governing Body, the Director of Operations, the Director of Estates and staff. Through regular meetings, College Officers share information and reinforce collaborative working. As a College Officer and Fellow, the Bursar is responsible for the management of all staff and non-staff resources. This includes strategic oversight of the College’s investments, finances, estate and commercial activity while ensuring the smooth operation of all non-academic support functions of the College. To deliver this, the Bursar leads the bulk of the College’s staff through direct management of the Director of Operations, the Director of Estates and 5 Heads of Department (Committees and Accommodation Manager, Head of Human Resources, College Accountant, IT Manager and Head Porter).
By Statute the Fellows make up the College’s Governing Body, which meets four times a year, with the Bursar as an ex officio member. We also have an elected College Council, which meets several times each term, of which the Bursar is again an ex officio member. College business is also conducted through a series of committees, each with defined areas of responsibility (e.g. financial, buildings and services, or catering matters) and with members appointed from amongst the Governing Body. The Bursar is an ex officio member of those committees that have a finance, administrative or operational responsibility.
Emmanuel is a registered charity, with the members of the College Council as its trustees, and is subject to supervision by the Charity Commission. In addition, we have various statutory duties with respect to Cambridge University. The colleges work together extensively and help to shape decisions taken by the university and there are several inter-collegiate and university bodies on which the Bursar represents Emmanuel.
Once matriculated, students become members of the College for life and the College’s members play an important role in supporting Emmanuel, financially and in other ways. The College’s Investment, Finance and Remuneration Committees have selected alumni as members to provide expert, external advice. The Bursar, in collaboration with the Master and the Development Director, will often work with alumni on the details of how gifts may be made in line with the donors’ requirements.
The new Bursar will be arriving at a key and exciting moment as the College is currently in the silent phase of its next fundraising campaign. This campaign, called Towards 450: the Campaign for Emmanuel, seeks to raise funds for several projects and facilities. These include underpinning our student support and career exploration/preparation activities, increasing the number of funded PhDs, building a human creativity hub and improving other facilities including those for wellbeing and fitness. At the same time, the College is embarking on a wide-ranging programme to reduce its environmental impact.
The Role
The Bursar, as the senior administrative officer of the College, is accountable to the Council and the Governing Body. The postholder must be able to balance these two dimensions of the role, and be an active, visible and engaged member of the College. The Bursar has responsibility for all matters affecting the College investments, finances, and management of the College estate, properties and staff. The Bursar is also expected to be in regular liaison with our student body.
A critical element of the Bursar’s role is to maintain a transparent, productive and collegiate working relationship with the Governing Body. As a member of the Governing Body, the Bursar advises it, helping it to understand the College’s finances and the implications of its decisions. The Bursar is expected to supply the Governing Body and its committees with the financial, legal and charity knowledge and information necessary to inform strategy.
The following roles performed by the Bursar are particularly significant:
*Taking the lead in formulating policy and strategic planning for the management of the College’s endowment (property and securities), and reporting on the performance of the endowment to the Investments Committee, Council and Governing Body.
*Setting and monitoring in-year budgets, ensuring the ongoing sustainability of the College’s finances and, through the College Accountant, the preparation of budgets and annual accounts, and the arrangement of audits; and advising the Council and Governing Body on financial issues and risk management. The successful candidate will arrive as we are transitioning to a new Financial Management System.
*Oversee the delivery of administrative support to the Fellowship.
*Through our Head of Human Resources, the appointment and subsequent management of all non-academic staff (including contracts, salaries, pensions, work permits, appraisals and performance management etc.).
*The monitoring of existing and proposed legislation affecting the College, including health and safety, freedom of information, data protection, and other legal and compliance issues.Through our Director of Estates, ensure timely maintenance of today’s estate, and the de