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Finance Business Partner
3 months ago
Job Description and Person Specification
Job Title: Finance Business Partner
Directorate: Finance & Corporate Resources
Responsible to: Senior Finance Business Partner
Responsible for: N/A
Grade: 7
Job Purpose
To assist the Senior Finance Business Partner with the preparation of annual revenue estimates, the monitoring of income and expenditure and annual closedown of accounts for Redditch Borough Council and Bromsgrove District Council.
To provide financial support to the allocated Head(s) of Service, responding to ad hoc and routine requests for assistance / information.
To provide support with the Council’s cashflow, banking and money market transactions for Redditch Borough Council and Bromsgrove District Council, with regard to the Treasury Management policy of each Authority.
To provide support to the management of the Capital Programme budgets, including monitoring income and expenditure, co-ordination of capital bids, completion of government returns and annual closedown of accounts.
Main Duties and Responsibilities
To assist with the preparation of annual revenue estimates.
To meet with budget holders to discuss their budget requirements.
To produce regular, timely and appropriate management information to the Service Managers, Heads of Service and Directors.
To advise on various financial matters as requested by the Senior Finance Business Partner.
To provide training to Service Managers, Heads of Service and Directors on the Financial Service systems.
Preparation of quarterly income and expenditure monitoring reports for Corporate Management Team and Members.
To assist with the preparation of Committee reports.
To complete reconciliations between systems relevant to their designated service area.
Provide accurate and timely information for Members, Directors, Heads of Service and Service Managers as requested.
To participate in the activities associated with the closedown of the Council accounts and assist in the preparation of draft final accounts.
To manage the Earmarked Reserves for the relevant services areas.
To maintain reports for Section 106 and Community Infrastructure Levy and ensure transactions are allocated correctly to schemes.
To be responsible for monitoring all income and expenditure on the capital programme and to amend budgets in accordance with the approved programme.
To ensure all expenditure coded to capital is appropriate for that scheme.
To work with the Council in the production of any capital and revenue bids, including the calculation of any Minimum Revenue Provision.
To provide accurate and timely information for Members, Directors, Heads of Service and Service Managers as requested.
To maintain accurate records of all leases held by Redditch Borough Council and Bromsgrove District Council, to ensure they are correctly dealt with in each Councils accounts.
To complete various financial and statistical returns as directed by the Senior Finance Business Partner or Chief Accountant.
To participate in the activities associated with the closedown of the Council accounts and to assist in the preparation of the draft accounts.
To act in accordance with the Council Standing Orders and Financial Regulations and the Constitution to ensure they are strictly adhered to.
To support the Senior Finance Business Partner in embedding Finance Business Partners within the Councils.
General Duties
- To ensure efficiency, effectiveness and equality in service delivery.
- To exercise proper integrity and respect of confidential matters and personal information obtained during the execution of the duties of this post.
- To reflect the Council’s core values and objectives in undertaking the duties of this post.
- To provide outstanding customer services to all customers, colleagues, elected Members etc in line with the “Every Customer, Every Time – Everybody Matters” strategy. In particular by building trust, taking responsibility and assuming ownership of issues, actively listening, communicating with empathy and being flexible and adaptable to meet the needs of others.
- To understand and comply with the legal requirements of the Health and Safety at Work, etc. Act 1974 and any other relevant regulations as detailed in the Council’s Health and Safety Policy Statement.
- To carry out duties and responsibilities under the Data Protection Act 1998; in particular, to take all reasonable care that no unauthorised loss or disclosure of personal data occurs.
