Case Study: Coral

Coral Main

Coral Main
Principal Risk Management Officer , Leeds County Council

The whole of the public sector is working more and more in partnership and we can’t do that properly if we don’t understand the policy and financial environment we’re each operating in – CIPFA’s taught me that.

Do you believe that your qualification created new opportunities in your career?

What advice would you give current students who are looking to pursue a career in public finance?

Definitely, my director recently asked me to support him on some work that joins up our strategic planning and budgeting/finances. I don’t think that would have happened if I hadn’t done CIPFA – I wouldn’t have had the knowledge and the professional credibility to be that link with finance colleagues. 

Stick at it – studying is hard work, but if you put the effort in, you’ll get an awful lot out of it. Also, do your research and try to manage your career (set goals, stay on top of your CPD etc.) but be open to new opportunities you might not have even considered. The CIPFA qualification is so much more than debits and credits and because it’s also very well respected, it can really open up doors. Those might be related to purely financial roles but they might be broader, more strategic roles where a finance hat really helps.  Finally, be sure that it’s the public sector you want to work in – the financial rewards aren’t usually as high as in the private sector, but if you’re passionate about public service, the job satisfaction you’ll get more than outweighs that.

Full case study

Why did you choose accountancy as a career?

Accountancy is closely aligned to my role in strategic risk management but in all honesty, it was not something I’d seriously considered as a career until the opportunity came up to study CIPFA.  It was that particular qualification that drew me in to finance and got me hooked. 

Why did you choose to become CIPFA certified?

I was looking for a new challenge to broaden my skills and my boss suggested looking at the CIPFA qualification. The syllabus had just been revised and now had a good split between finance, strategy and public policy. All those areas and the balance between them really appealed to me, both in terms of my interests and roles at work.

Longer-term I’d like to do an MBA and CIPFA also gives me a big chunk of credits towards that.  On a practical level, I was incredibly lucky that my employer funded me to study CIPFA and fully supported me throughout the three years of studying.

Why did you choose to work in public services?

That classic truism, public service ethos. My mother worked in local government and my father was a teacher, so I had some fantastic examples of that growing up.  When I left university I worked in the private sector for a few years but as much as I enjoyed my job and worked with some great people, my role in local government is far more personally rewarding. It allows me to earn a living while doing something I hope adds value, and makes a real, positive difference to the people and city of Leeds.

What’s your specialism – please give a brief overview of your role?

My role’s quite varied these days. I joined Leeds City Council to develop and embed risk management which I’m still responsible for. More recently, I’ve also taken on roles in corporate performance management and strategic business planning. 

Can you briefly explain your career journey to-date?

I studied History at the University of Bristol and did an MA in Mediaeval Studies, then joined the graduate scheme at Arthur Andersen in London – that’s where I got into Enterprise Risk. As a management consultant, I had a range of clients, specialising in Energy & Utilities companies.  My fiancé (now husband) then got a job up north, I followed, and that gave me the chance to think about what I really wanted to do.  Serendipity played a big part as Leeds City Council was looking for someone with my skills and experience right at that time and I’ve been there ever since.

How does your qualification help you in your day-to-day tasks and long-term?

Day-to-day and long-term it’s invaluable, I thought I was pretty clued up on public policy and politics but I learned so much more from the studying. The whole of the public sector is working more and more in partnership and we can’t do that properly if we don’t understand the policy and financial environment we’re each operating in – CIPFA’s taught me that. Also in my roles in strategic risk, planning and performance, I need to understand financial information and budgeting so CIPFA’s helped me to be better at my job.