Head of Finance
- Employer
- FED FINANCE UK
- Location
- Slough, United Kingdom
- Salary
- GBP75000 - GBP85000 per year
- Closing date
- Nov 17, 2024
View more categoriesView less categories
- Job Function
- Accounting/Audit/Tax
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
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A dynamic and vibrant educational institution, this academy emphasizes creativity through art, music, dance, and drama, providing a well-rounded education. The academy is seeking a qualified Head of Finance Operations to lead its finance team, focusing on strategic financial planning, compliance, and reporting. The role requires experience within educational finance, particularly academies, and offers a supportive work environment with benefits including a company pension, on-site parking, and professional development opportunities. Committed to diversity, inclusion, and safeguarding, the academy values staff well-being and continuous growth.
1. Financial Strategy Development: Creating and implementing a financial strategy aligned with the school's goals.
2. Audit Preparation: Preparing for termly audits to ensure compliance and accountability.
3. Payroll and Pensions Management: Overseeing payroll processes and pension schemes.
4. Team Management: Line managing two finance officers, including support and guidance.
5. Governance Reporting: Reporting to governors on financial utilization, ensuring transparency.
6. Payment Reconciliation: Reconciling all payments to suppliers and managing ad-hoc payments.
7. Cash Flow Management: Conducting weekly cash flow analysis to maintain financial stability.
8. Monthly Management Accounts: Producing and reviewing monthly management accounts.
9. Oversight of Key Functions: Overseeing additional financial functions as needed.
Qualifications and Person Specifications
1. Must have experience in Primary or secondary Education Finance: Sound experience working with an academy or similar educational institution.
2. Accounting Qualifications: Qualified or part-qualified accountant (ACA, ACCA, or CIMA).
3. Knowledge of Regulations: Familiarity with financial regulations and compliance standards relevant to education.
4. Team Leadership: Ability to manage and mentor finance team members.
5. Technical Skills: Proficiency in MS Excel and Sage.
6. Communication Skills: Excellent verbal and written communication skills.
7. Workload Management: Capability to handle a high workload and meet deadlines effectively.
8. Energetic and Self-Motivated: A proactive individual who can work independently and prioritize tasks.
1. Financial Strategy Development: Creating and implementing a financial strategy aligned with the school's goals.
2. Audit Preparation: Preparing for termly audits to ensure compliance and accountability.
3. Payroll and Pensions Management: Overseeing payroll processes and pension schemes.
4. Team Management: Line managing two finance officers, including support and guidance.
5. Governance Reporting: Reporting to governors on financial utilization, ensuring transparency.
6. Payment Reconciliation: Reconciling all payments to suppliers and managing ad-hoc payments.
7. Cash Flow Management: Conducting weekly cash flow analysis to maintain financial stability.
8. Monthly Management Accounts: Producing and reviewing monthly management accounts.
9. Oversight of Key Functions: Overseeing additional financial functions as needed.
Qualifications and Person Specifications
1. Must have experience in Primary or secondary Education Finance: Sound experience working with an academy or similar educational institution.
2. Accounting Qualifications: Qualified or part-qualified accountant (ACA, ACCA, or CIMA).
3. Knowledge of Regulations: Familiarity with financial regulations and compliance standards relevant to education.
4. Team Leadership: Ability to manage and mentor finance team members.
5. Technical Skills: Proficiency in MS Excel and Sage.
6. Communication Skills: Excellent verbal and written communication skills.
7. Workload Management: Capability to handle a high workload and meet deadlines effectively.
8. Energetic and Self-Motivated: A proactive individual who can work independently and prioritize tasks.
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