Interim Finance Business Partner

To oversee the financial management for the College and support other College & Academy Trust "family" financial management and strategic needs as required. To be a key finance lead for the schools, seeking to add value to the development plans and any key financial changes that will impact the students and college

Client Details

Working with the Head of Finance, preparation of monthly management accounts pack (including all income streams and balance sheet) to regular deadlines; specific duties to include preparation and maintenance of monthly journals, reconciliation of balance sheet accounts, and debtor and inter-company recharges.

Description

Support Head of Finance to produce monthly management account reports by college centre for dissemination to key stakeholders within agreed timeframes.

1. Attend monthly risk and review meetings and support Head of Finance to report variances, key risks and opportunities, and providing solutions where appropriate.

2. Monthly monitoring of income to ensure transactions are coded correctly and create recode journals where required.

3. To oversee and ensure key accounts are reconciled and issues within sales and banking ledgers are managed.

4. To work with other areas of the finance team to maintain the integrity of financial information, specifically ESFA, LA, GLA, and grants income streams ensuring all contracts and documentation are received and stored securely and to update the Head of Finance of any discrepancies.

5. To work collaboratively with MIS, admissions and other colleagues to support accurate reporting of various income streams.

6. Oversee funding agreements with local authorities are documented and National Schools and College's Contract contracts are issued correctly.

7. Support Head of Finance to develop robust income monitoring models to enable monthly forecasting and costing exercises, providing reports and investigate and resolve variances where they arise.

8. Review grants and donations and ensure funds are allocated and managed in accordance with the most up to date guidelines.

9. Thinking creatively and innovatively in developing and maintaining various tracker sheets to ensure funds are utilised within the academic year.

10. Develop relationship with the local authority stakeholders ensuring accurate and update banding requirements are met in line with High Needs Operational Guidance. Ensure that a proactive relationship is maintained to enable easy resolution of issues arising and a platform for healthy negotiations if funding arrangements are reviewed.

11. Working with the Head of Finance to meet and support budget holders with budget management, in particular student numbers and income, to problem solve where there are budget variances with the relevant manager. To advise the Head of Finance or Director of Finance where there are concerns.

12. Support Head of Finance to prepare five-year forecast, additional modelling and budgets, working with the finance team to prepare the packs for discussion with Director of Finance to required timeframes.

13. Prepare costings, estimates and calculations as required, presenting findings in an appropriate format and provide advice and guidance to management thereon.

14. To maintain an expert up to date knowledge of relevant funding policies and regulations for funding streams relevant to both the College, to include but not limited to: High Needs/SEND funding, 16-19 funding, Apprenticeship, Traineeships and Adult Education Budget (AEB).

15. Work collaboratively with the team to ensure the team are able to respond to changing workloads throughout the academic year and deliver business objectives

16. To carry out ad hoc projects as required by Head/Director of Finance.

17. To maintain information in a confidential manner, following data protection regulations.

18. To make regular visits to the college centres and other sites as needed to ensure the smooth running of the team and functions.

19. To attend meetings as required to support the finance function within the college centres.

20. To undertake Continuing Professional Development (CPD) and training to update own skills and knowledge.

Profile

A successful Interim Finance Business Partner should have:

Part or fully qualified accountant CIMA, ACCA, AAT

2 years of accounting experience, including financial management and control.

Good understanding of working within the education sector

Proficient in Excel and other Microsoft packages

Use of Resource financial package or similar

Good interpersonal skills

Current Management accounting of Finance Business Partnering experience

Job Offer

• Competitive daily rate between £203 and £250, depending on experience.
• Opportunity to contribute to a meaningful organisation in the not-for-profit sector.
• Temporary role offering flexibility and professional growth.
• Collaborative and supportive team environment in Sutton.

If you are ready to bring your financial expertise to this Interim Finance Business Partner role, apply now to make a difference in this impactful organisation.

Desired Skills and Experience
SORP, Charity, CIMA, AAT. ACCA, ACCA, Sutton, Surrey