British Cycling Finance Director
Jamie Harley is the Finance Director at British Cycling, a role he assumed in February 2022. He is responsible for overseeing the financial strategy, operations, and reporting of the national governing body for cycling in Great Britain. This position is critical in ensuring the organization's financial stability, enabling it to support the development of cycling at all levels, from grassroots participation to elite performance.
Harley's background is in financial management and corporate governance, having held senior finance roles across various sectors. Before joining British Cycling, he served as Group Finance Director at Radius Payment Solutions, a global technology company. His previous experience also includes significant positions at prominent organizations, demonstrating a track record of managing complex financial landscapes and driving financial performance. This varied experience has equipped him with the skills necessary to navigate the challenges inherent in managing the finances of a large, multifaceted organization like British Cycling.
The role of Finance Director at British Cycling is particularly significant given the organization's reliance on a mix of funding sources, including government grants (primarily through UK Sport), commercial partnerships, membership fees, and event revenue. Harley is responsible for ensuring that these funds are managed responsibly and effectively, aligning financial resources with the organization's strategic goals.
One of the key challenges facing British Cycling, and therefore a significant part of Harley’s responsibility, is balancing the competing demands of supporting elite performance while also promoting grassroots cycling participation. This involves allocating resources strategically to ensure that talented athletes receive the support they need to compete at the highest levels internationally, while also investing in programs that encourage more people to cycle regularly for recreation and transportation.
Furthermore, maintaining transparency and accountability in financial reporting is crucial for British Cycling, particularly given its reliance on public funding. Harley plays a pivotal role in ensuring that the organization adheres to the highest standards of financial governance, providing stakeholders with clear and accurate information about its financial performance.
Since joining British Cycling, Harley has been involved in several key initiatives aimed at strengthening the organization's financial position and enhancing its operational efficiency. This includes streamlining financial processes, improving budgeting and forecasting accuracy, and negotiating favorable terms with commercial partners. His efforts are contributing to creating a sustainable financial platform for British Cycling, enabling it to continue its mission of inspiring and supporting cycling across the nation.
Harley's leadership and financial expertise are vital to the continued success of British Cycling, ensuring that the organization can effectively manage its resources and continue to deliver value to its members, athletes, and the wider cycling community.