Head of Finance

Head of Finance

College

Essex

Permanent

£70,000 - £75,000

Hybrid, 2/3 days in the office

Full time, 37 hours p/week

Morgan Hunt are working with a College based in Essex who are looking at recruiting a Head of Finance. This is a permanent role paying up to £75k.

Key Responsibilities of the Head of Finance:

Financial Management & Reporting

• Oversee financial planning, forecasting, and budgeting, ensuring effective cost control.
• Prepare financial statements, profit and loss reports, and balance sheets for senior management.
• Ensure compliance with financial regulations, audit requirements, and statutory reporting standards.
• Monitor cash flow, expenditure, and financial risks, ensuring robust financial health.
• Lead the preparation of year-end financial statements and liaise with auditors.
• Manage financial systems and controls to enhance operational efficiency.

Procurement & Compliance

• Develop and implement procurement strategies in line with public sector regulations.
• Ensure statutory and financial obligations are met and value-for-money principles are upheld.
• Lead tendering and contract negotiations to ensure effective supplier management.
• Maintain adherence to GDPR, Data Protection Act 2018, and Freedom of Information Act 2000.

Leadership & Strategic Development

• Lead and manage the finance team, ensuring high performance and professional development.
• Work closely with senior management to align financial strategies with organisational goals.
• Drive continuous improvements in financial services, governance, and control.
• Provide expert financial advice to senior leaders and key stakeholders.

Previous Skills and Experience of the Head of Finance:

• Must have Further or Higher Education experience OR audit experience having audited in the education sector.
• Fully qualified accountant (CIMA, CIPFA, ACCA, ICA) with significant experience in a similar role.
• Production and review of financial reporting I.e. Monthly Management Accounts & Statutory financial statements.
• Experience of multi-year cash flow management.
• Experience of developing appropriate financial systems.
• Experience of budget setting and 3-year financial planning at organisation and departmental level.
• The successful candidate must hold an Enhanced DBS or be willing to undergo processing.