Nick Jackson, FCMA, CGMA
Vice Chair, Association Board
Nick Jackson has had a strong interest in financial management and performance improvement throughout his career, working across a number of industries, including central and local government, energy, and utility companies. Graduating in 1987 with a degree in education from Exeter University, he taught in Africa prior to starting a career in the UK civil service. Nick worked for the Lord Chancellor’s Department and joined HM Treasury’s bursary scheme to train finance professionals within government. Qualifying as an ACMA in 1992, he supported the creation of the Department of National Heritage, including the implementation of a shared service for finance and HR.
In 1994, Nick joined Ernst & Young as a management consultant specialising in financial and performance management. He joined Capgemini in 2000, then the largest European IT company, as part of the sale of E&Y’s consulting practice, and he was the director with responsibility for leading engagements across central and local government clients.
Nick obtained his CIMA Fellowship in 2008 and re-joined the civil service the following year. He worked for HM Treasury as head of finance professionalism, including working with ministers to develop and publish “Managing Taxpayers’ Money Wisely” (2011), which set a vision for improving financial management under the coalition government. He later moved to the Ministry of Justice and was responsible for its finance strategy and planning operations. This role included overseeing delivery of savings against the department’s £8B budget and acting as financial adviser on the reform of probation services, building new prisons, and transforming HM Courts and Tribunal Service.
In 2013, Nick moved to Ofsted, the Office for Standards in Education, Children's Services and Skills, as director of corporate services. Here, Nick led a team of 600 people working across a wide range of services, including oversight of the regulation of early years providers, and outsourced inspection contracts. Nick was also the senior responsible owner for the programme to insource inspections services and to transform the way that inspections were conducted. Nick managed a gross budget of £200M and delivered 15% savings in three years.
Nick currently works for the software technology company Oracle, which he joined in 2016. He leads a team of business development directors working across Western Europe, supporting over 100 sales representatives. His team is responsible for developing and promoting industry-based propositions using Oracle Cloud services for financial and performance management.
Nick was co-opted to CIMA Council in 2009. This was in recognition of his role in promoting the value of CIMA as a balanced qualification for public sector finance professionals. In 2011, he became a membership assessor, and in 2013, as vice chairman of the professional standards and conduct committee; he led a review into the conduct processes, following concerns arising from a couple of high-profile cases.
In 2014, Nick was elected to the Executive Committee as Member without Portfolio, and remains an active advocate for CIMA, delivering talks to promote management accounting, with a particular focus on the public sector.
Nick lives in Buckingham with his fiancée. In his spare time, he can be found either in an art gallery, in the kitchen, singing, or watching rugby or cricket.