Finance Manager

3 weeks ago


North London, United Kingdom Vitae Financial Recruitment Full time
Finance Manager, North London (hybrid working, 1 day in the office)
£60- £70kpa, plus benefits
Our client, a leading public sector business with a goal to be the best council in the country are looking to add a talented and driven Finance Manager to the team, this role has materialised due to an internal move.
This role manages a team of five and the ideal candidate will have council/ housing finance knowledge.
Key Duties:-
* Inform a strategic vision for the future development of the service that enables the council to meet its future challenges, fostering a culture of innovation and continuous improvement.
* Contribute towards the development and implementation of the council's financial strategy, fundamentally ensuring sustainability both in-year and over the medium term.
* Continually review, update and report on financial risks and opportunities, advising how the risks can be mitigated and the opportunities exploited.
* Proactively identify trends and changes in the operating environment (e.g., legislation, technology, policy, etc.) that could financially impact service delivery; provide advice and collaborate on potential solutions.
* Draw on knowledge of council services and the related financial complexities, to ensure the provision of systems and procedures that enable effective budgetary control; ensure that variations and emerging financial pressures are drawn to the attention of budget managers, with options and plans for their resolution.
* Prepare and present informative, high-quality reports to senior stakeholders that aid in informed service and corporate decision making.
* Advise on investment and funding strategies including investment risk and performance.
* Ensure members of the team, directors and budget holders receive the financial management training required to be effective in their roles, including awareness of Financial Regulations and financial approval requirements prior to taking decisions.
* Ensure statutory and other returns are submitted accurately and on a timely basis. Prior to submission ensure senior management sign-off and produce an appropriate supporting paper setting out the approach to development of the return.
* Monitor and control the monthly financial reporting process ensuring forecasts are accurately included on the system or promptly escalating relevant issues backed up with appropriate analysis.
* Support the longer-term council-wide financial position and develop financial strategies with stakeholders.
* Develop appropriate financial models and analytics to determine the financial impact of future service demands, changes in legislation and other factors affecting resource requirements.
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