Finance Manager

Finance Manager

Salary: £46,049 - £50,253

JOB PURPOSE:

To enhance the operational financial management of the College, ensuring timely, accurate, and insightful financial information supports decision-making. The role will assist in continuous improvement, digital transformation, and automation across finance processes, contributing to the College's strategic goals and operational excellence.

GRADE: 9

REPORTING TO: Head of Finance

Main Duties and Responsibilities

Operational Oversight

1 Oversee the day-to-day operational functions of the Finance Department, including the supervision of staff ensuring high standards of performance and service delivery.

2 Oversee payroll operations ensuring compliance with regulatory and pension requirements

3 Manage and monitor the Colleges cash flow requirements and maximize the income derived from surplus funds.

4 Review of Student Support Applications in preparation for review at the appropriate committee meeting

5 Ensure the College operates effective Bursary and Support Fund administration systems (including acting as a member of relevant College committee/s) ensuring efficient and effective interface with Student Income related agencies (e.g. Student Loan Company.Process Review & Automation

6 Review of finance workflows to identify any inefficiencies and implement more streamlined solutions where applicable.

7 Assist in the continuous digital transformation, adoption, optimisation and maintenance of finance tools (e.g. accounting software and data analytics tools etc).

8 Assist in the creation of KPI dashboards to support real-time decision making

9 Collaborate with other departments within the College to embed a strong financial control environment.

Compliance & Governance

10 Ensure robust financial controls, policies, and procedures are in place and adhered to across the College and continue to monitor, develop, refine and implement new policies and procedures as required

11 Prepare statutory, regulatory and sector specific returns including Department for the Economy monthly forecasts, Higher Education Statistics Agency (HESA) and similar financial returns.

12 Prepare both the workings and backup schedules for the Departmental March year end consolidated accounts pack and the College annual financial statements (July year-end) and lead on the external audits.

13 Support financial risk management and corporate governance, including liaison with auditors and insurers.

14 Preparation and reconciliations in relation to Capital monitoring forecasts and capital claims to the Department for the Economy.

Strategic Financial Management

15 Lead the preparation of timely monthly management accounts, reconciliations, budget forecasts, financial statements with clear commentary and actionable insights ensuring that an effective system for budgetary control is in place.

16 In conjunction with the Head of Finance collaborate with senior leadership to align financial planning with strategic objectives and long-term sustainability.

17 Provision of advice and guidance to the Director of Corporate Services, the Principal and various Committees of the College, as required.

18 Preparation/collation of the annual College budget, financial forecasts and medium/long term plans.

Stakeholder Engagement & Training

19 Provision of advice, guidance and training to non-finance staff across the College on a range of finance matters and to lead on, or assist in, the delivery of finance-related training.

20 Act as a key liaison with external agencies (e.g., Student Loan Company, Auditors and Insurers etc) and internal committees.

Project & Funding Support

21 Review of project funding applications and monitor and manage the financial reporting requirements associated with a range of funded projects including the monitoring of expenditure against budgets and ensuring funder returns and claims are submitted as required.

22 Assist in the production of and recording of business cases, economic appraisals and post project evaluations.

Leadership & Deputisation

23 Deputise for the Head of Finance as required and support the Senior Team and Corporate Planning Committee as required including contributing to Strategic planning and decision making.

24 Foster a culture of continuous improvement, innovation, and collaboration within the Finance team.

25 Contribute flexibly to evolving departmental and college needs.

26 To undertake all other reasonable duties as directed.

For further information and to submit your application, click APPLY.

Closing Date: Monday 27 Oct :00