Interim Finance Director

Hays PLC; London; On-site; GBP 60,000 - 100,000; Full time

Job description

Interim Finance Director

We are seeking an Interim Finance Director for a 6-month position with a university based in London.

Key Responsibilities:

Strategic Financial Leadership:

• Provide strategic financial leadership and direction for the institution.
• Develop and implement financial strategies to support the institution's goals and objectives.
• Advise senior management and the board on financial planning, budgeting, and policy matters.

Financial Management and Reporting:

• Oversee the preparation of accurate and timely financial statements and reports.
• Ensure compliance with educational accounting standards and regulatory requirements.
• Monitor financial performance and provide insights to support decision-making.

Budgeting and Forecasting:

• Lead the annual budgeting process, working closely with department heads.
• Develop financial forecasts and long-term financial plans.
• Monitor budget performance and implement corrective actions as needed.

Internal Controls and Compliance:

• Establish and maintain robust internal controls to safeguard the institution's assets.
• Ensure compliance with financial policies, procedures, and regulatory requirements.
• Coordinate internal and external audits, providing necessary documentation and support.

Grant and Fund Management:

• Oversee the financial management of grants and funding from various sources.
• Ensure compliance with grant requirements and reporting standards.
• Prepare financial reports for grantors and funding agencies.

Team Leadership and Development:

• Lead and mentor the finance team, fostering a culture of continuous improvement.
• Provide training and development opportunities to enhance team capabilities.
• Ensure effective collaboration and communication within the finance team and across departments.

Financial Systems and Processes:

• Enhance the efficiency and effectiveness of financial systems and processes.
• Support the implementation and maintenance of financial software and tools.
• Ensure accurate and timely financial data entry and reporting.

Stakeholder Engagement:

• Build and maintain strong relationships with internal and external stakeholders.
• Represent the institution in financial matters with external partners, auditors, and regulatory bodies.
• Communicate financial information clearly and effectively to non-financial stakeholders.

Additional Responsibilities:

• Provide financial analysis and insights to support strategic planning and decision-making.
• Assist in the development and implementation of financial policies and procedures.
• Participate in special projects and initiatives as required.