Finance Manager

Finance Manager

College

Essex

Permanent

£50,000 - £55,000

Hybrid, 2/3 days in the office

Full time, 37 hours p/week

Finance Manager

Morgan Hunt are working with a College based in Essex who are looking at recruiting a Finance Manager. This is a permanent role paying up to £55k.

Key Responsibilities of the Finance Manager:

Financial Management & Reporting

• Provide comprehensive and professional financial accounting services.
• Ensure the integrity of financial accounts and prepare financial reports for internal and external stakeholders.
• Prepare final accounts and oversee financial ledger integrity.
• Monitor and manage cash flow projections to maintain financial stability.
• Ensure compliance with financial regulations, funding requirements, and internal policies.
• Implement audit and risk recommendations and act as the lead contact during the Annual Accounts audit.
• Prepare statutory group and subsidiary annual accounts and CFFR regulatory models.
• Produce monthly trial balances and balance sheets, ensuring accuracy of financial records.
• Maintain the Strategic Risk Register and Capital Plan.
• Analyse, review, and reconcile income and expenditure variances, providing proactive recommendations for efficiency improvements.

Compliance & Risk Management

• Ensure adherence to financial regulations, VAT reporting, and funding requirements.
• Maintain accurate financial statements and support the implementation of audit recommendations.
• Develop and maintain financial control systems to prevent errors and fraud.

Team Leadership & Process Improvement

• Provide leadership and line management for finance team members.
• Offer financial advice to both finance and non-financial managers regarding complex financial matters.
• Support budget managers with financial insights and assist in the preparation of UK VAT returns.
• Work collaboratively to improve financial systems, efficiency, and reporting mechanisms.

Previous Skills and Experience of the Finance Manager:

• Must have Further or Higher Education experience OR audit experience having audited in the education sector.
• Fully or part-qualified accountant (CIMA, CIPFA, ACCA, ICA) with significant experience in a similar role.
• Experience using Excel to analyse complex data and produce financial statements.
• Strong knowledge of financial accounts, management reporting, and budget support.
• Proven ability to explain financial information to non-financial managers.
• Excellent communication skills with the ability to influence senior managers.
• Commitment to upholding ethical financial standards and regulatory compliance.
• The successful candidate must hold an Enhanced DBS or be willing to undergo processing.