Head Of Finance

4 weeks ago


Preston Lancashire, United Kingdom Executive Connect LTD Full time

Head of Finance Responsible to: Vice Principal - Finance & Resources Main Duties and Responsibilities

  • Provide effective management and leadership for the Finance Team.
  • Manage the functions of the finance office including accounts payable, accounts receivable, banking, online payments, general ledger, cash holdings and control accounts.
  • Maintain relationships with external stakeholders including the auditors and the bank.
  • Implement improvements in the finance system.
  • Take responsibility for the administration of the finance system.
  • Support budget holders in budgetary control and provide user-friendly and timely financial reports for budget holders and management.
  • Ensure robust and effective financial controls are in place.
  • Advise senior leaders on key financial matters.
  • Develop and oversee financial policies and procedures.
  • Ensure compliance with all relevant financial standards, regulations and procedures at both sites.
  • Ensure that all income is maximised
  • Lead the budget-setting and financial forecasting processes.
  • Monitor spend against budget in order to inform strategic decisions working with the Accountant.
  • Provide financial management to the Abacus Maths Hub and other initiatives that the College participate.
  • Undertake financial analysis of allactivities including the work with School Direct, Higher Education and initiatives such as T-Levels.
  • Supporting year-end accounting and audit processes.
  • Take responsibility for the timely and efficient preparation and submission of financial returns to the ESFA and other regulatory bodies
  • Ensure follow-up on any recommendations from Audit and Assurance Reports.
  • Ensure any tax obligations are discharged correctly and effectively.
  • Undertake such duties that maybe assigned commensurate with the grade and overall responsibility level of the post and as changing circumstances may require
QUALIFICATIONS and TRAINING Qualified accountant (ICAEW/CIPFA/ACCA or equivalent) EXPERIENCE Successful experience (minimum 3 years) of managing financial operations Financial experience gained within a regulated sector including the public or charity sector Experience of developing financial systems Familiarity with the FE/HE and Charities SORP. Experience of the post 16 sector Knowledge of PAYE and VAT regulations Successful experience of leading teams Experience of the budget management cycle Recent participation in relevant professional development Experience of working in commercial business KNOWLEDGE, LEADERSHIP and MANAGEMENT SKILLS Appreciation of stakeholders impact on organisations via governance and regulation Knowledge of the ESFA and its financial rules and regulations Ability to lead and manage others within the context and beliefs of Christian values Initiate and manage change and improvement in pursuit of strategic objectives Lead, support and work as part of a high-performing team Negotiate effectively with external bodies Use ICT effectively as a management tool Ability to achieve challenging targets in a timely manner Ability to think and plan strategically Excellent team-working skills Excellent ability to prioritise, plan and organise Ability to produce reports, action plans and analyse data, interpreting and analysing complex information An excellent communicator with effective listening, influencing and interpersonal skills Excellent analytical and problem-solving abilities Confidence and political sensitivity to work effectively with all stakeholders Evident commitment to equality of opportunity and respect for diversity Interested Please apply

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