Head of Financial Operations

3 weeks ago


Farnborough, Hampshire, United Kingdom Connectment Full time
Company Overview:
Connectment is a progressive educational institution dedicated to providing high-quality vocational training and qualifications.

Position Summary:
We are seeking a Head of Financial Operations to oversee our finance team and ensure robust financial management practices are in place.

Key Responsibilities:
  • Lead and manage a finance team, ensuring effective financial controls are maintained.
  • Deliver timely and precise financial and management reports in accordance with established accounting standards and legal obligations.
  • Supervise the daily operations of the Finance department, fostering an efficient support environment.
  • Prepare comprehensive financial statements and monthly management accounts for review by senior leadership.
  • Ensure adherence to internal controls and financial regulations while enhancing internal processes to reduce waste and improve service delivery.
  • Provide regular, real-time financial monitoring reports to budget holders, assisting with data interpretation as necessary.
  • Oversee the preparation of statutory accounts for the organization and its subsidiaries, ensuring compliance and accuracy in external financial reporting.
  • Manage treasury functions in accordance with established policies.
  • Oversee all finance department functions, including accounts receivable, accounts payable, banking, student finance, and payroll checks.
  • Collaborate with the Director of Finance to develop and review financial strategies, departmental budgets, and reporting mechanisms to maintain the institution's financial health.
  • Administer the Financial System (Symmetry Financials) and ensure staff proficiency.
  • Address taxation matters, including VAT compliance and statutory payroll submissions.

Qualifications:
  • Professional accounting qualification (ACA/ACCA/CIMA/CIPFA).
  • Strong technical accounting and management expertise.
  • Proficient in computerized accounting systems and advanced Excel skills.


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