Associate Director of Finance
3 days ago
**Description**:
This post will lead and manage all day to day and operational aspects of QAC’s Finance function, as well as deputising for the Director of Finance and Resources as required and supporting in key strategic decisions.
**Salary/Pay Point**: £48,565 - £53,140
**Enhanced Annual Leave**: 20 Bookable days + 5 days
**Reporting to**: Director of Finance and Resources
**Responsible for**:
1 x Payroll Officer
1 x Financial Accountant
1 x Asst. Finance Manager
1 x Finance Officer
1 x Finance Apprentice
**Hours**: 37 hours per week / 52 weeks per year
**Contract**:Permanent
**_Please note Interviews will be held on Thursday 20th November 2025_**
**Key Responsibilities**:
**Strategic Finance Leadership**
- Present financial data and strategic insights to the Charity Management Team.
- Support the development of QAC’s Medium Term Financial Plan.
- Provide financial and commercial advice to budget holders.
**Governance and Representation**
- Attend Board and Committee meetings, presenting reports and financial updates.
- Deputise for the Director of Finance and Resources as required.
**Line Management**
- Provide an efficient, effective and responsive Finance service to QAC and QACE.
- Lead and manage the Finance Team.
- Provide clear direction for the Team, ensure the department as a whole performs well, implementing strategies to enhance team and individual performance.
- Ensure key developments and information are communicated and shared within the team.
- Support Finance staff in their personal and professional development.
- Managing the smooth operation of QAC’s Accounts Receivable, Credit Control, Accounts Payable, Payroll and Cashiering functions.
- Provide oversight of QAC’s Payroll function, pensions and associated systems; ensuring accurate processing and operation in line with statutory and regulatory requirements.
- Managing the operation of QAC’s Financial Regulations across the College.
- Representing Finance at internal meetings, including providing reports and information.
- Attending Board and relevant Committee meetings as required, including providing reports and information.
**Financial Accounting**
- Managing the production of QAC and QACE’s statutory accounts, narratives and disclosures for Board approval, leading on relationship with external auditors.
- Lead on production of all statutory financial returns including VAT, Corporation Tax, Office for National Statistics, Companies House and other statutory returns as required.
- Resolving VAT queries and acting as a source of VAT advice.
- Manage QAC’s cash and bank balances, managing cash flow.
- Income monitoring, ensuring that QAC collects all income to which it is entitled
**Management Accounting**
- Timely, relevant and accurate reporting to Board, CMT and CMT budget holders on all aspects of financial performance (revenue, capital, cash). Preparation of management accounts for QAC and QACE.
- Preparation of cash flow forecasts.
- Provision of monthly management account reports to relevant committees.
- Provision of financial and commercial advice to QAC budget holders. Liaison with CMT budget holders on finance-related matters.
- Lead on preparation of detailed annual budgets in conjunction with budget holders; reporting to DOFR.
- Supporting DOFR in developing QAC’s Medium Term Financial Plan.
**General**
- Deputising for Director of Finance and Resources as required.
- As part of QAC’s process of continuous improvement; work with the Director of Finance and Resources and other senior staff to implement projects/ initiatives to improve QAC’s finance service.
- Adhere to the College’s Health and Safety Policy at all times, recognising responsibility for own safety and that of others.
- Act at all times in accordance with the Staff Code of Conduct, Manager’s Charter and QAC Values of Respect, Excellence, Enabling, Collaboration and Inclusion.
- Comply with all College policies and procedures
- Maintain CPD and undertake appropriate training and development as required, including any mandatory and/or refresher training required for the role.
- To undertake other duties as commensurate with the role and in agreement with DOFR.
- The above list is not exhaustive, but is indicative of the general nature and level of responsibility of the work to be undertaken. The responsibilities and duties may vary from time to time without changing the nature of the post. The post holder will be expected to adopt a flexible approach to enable the efficient and effective running of the Charity._
**Skills, Knowledge and Expertise**:
**Essential Criteria**
- CCAB qualified
- Ability to work effectively with senior staff within QAC (e.g. budget holders, Principal, Vice Principals + Directors) and outside (e.g. senior Local Authority Officers, Directors of external companies
- Excellent verbal and written communication skills.
- Methodical, accurate and persistent.
- Strong attention to detail
- Well organised and capable of managing and pri