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Senior Financial Analyst

2 months ago


Edinburgh, Edinburgh, United Kingdom Scottish Funding Council Full time
About the Role

We are seeking a highly skilled Senior Financial Analyst to join our Governance, Infrastructure and Sustainability team (GIST). As a key member of the team, you will be responsible for reviewing and analyzing the financial health and governance of an allocated portfolio of institutions.

Key Responsibilities
  • Portfolio Management: Effectively manage workload arising from an allocated portfolio of institutions and designated lead specialism(s).
  • Financial Analysis: Undertake effective review and analysis of financial health for an allocated portfolio of institutions in full compliance with professional accountancy principles and practices, SFC policy and strategy, and Scottish Government financial guidance.
  • Reporting and Communication: Draft concise and impactful reports and provide any other appropriate information in a timely manner to the Executive Team, SFC Board, Council and its committees, on the financial health and governance of an allocated portfolio of institutions.
  • Financial Advice: Provide authoritative financial and governance advice to SFC, the sectors, and the Scottish Government. Share and promote good practice, for example, in relation to college severance guidance, disposals of assets, adherence to FE/HE governance codes, and the interpretation of government accounting and budgetary guidance.
  • Business Partnering: Through developing a business partnering approach, build strong relationships with institutions and support them in their effective financial management, long-term financial planning, budgeting and forecasting.
  • Technical Knowledge: Keep up to date on changes in technical accounting developments covering UK accounting as well as auditing standards and governance codes; also represent SFC in technical accounting meetings with institutions, other UK funding bodies, auditors and other key stakeholders.
  • Representation: Represent SFC in negotiations and discussions with external bodies on matters concerning sector financial health and governance, in relation to the allocated portfolio of institutions.
Requirements
  • Fully qualified accountant (CCBA, ACCA or ICAS).
  • Good understanding of business analysis, planning, budgeting, audit and financial and non-financial control issues.
  • Understanding of the Scottish and UK Government budgeting and accounting requirements and guidance.
  • Understanding of technical accounting issues, with up-to-date knowledge of UK accounting and auditing standards and governance codes.
  • Strong analytical and problem-solving skills - ability to analyse, interpret and communicate complex financial and governance issues to those with a non-financial background.
  • Effective oral and written communication skills.
  • Diligent and organised to manage self and to contribute to the work of team to meet changing organisational priorities.
  • Excellent people skills and track record in forming and maintaining effective working relationships with staff across a wide range of stakeholders including education institutions and government bodies.
  • Excellent numeracy skills.
  • Able to establish and maintain good relationships with networks of key contacts both internally and externally.
  • Proficient in desk-top software packages particularly Advanced Excel skills.