Head Of Finance

Service Care Legal; Preston; Hybrid; GBP 62,000 - 67,000; Full time

Job description

Head of Finance
Educational Establishment
Preston Based
1 Day a week from home initially (Potentially increasing to 2 days from home)
Monday to Friday 08:00-16:00 (37 Hours per week)
£62,704 - £66,906 per annum

Job Purpose

The Head of Finance plays a key role at the college. This role is an exciting opportunity to contribute to an outstanding sixth form college. We are looking for the successful candidate to build on the strengths of the team and improve financial systems and processes. We prepare monthly accounts in line with best practice and statutory accounts complying with the FE/HE SORP. The Senior Leadership Team relies on timely and reliable financial reporting. The Governing Body expects high standards of financial management, compliance and value-for-money. It supports staff, budget holders and students. The Head of Finance will oversee financial planning, compliance, and system improvements as well as working closely with senior leaders and external stakeholders. The successful candidate will manage and oversee a team of six.

Main Responsibilities

1. Provide effective management and leadership for the Finance Team.
2. Manage the functions of the Finance Team including accounts payable, accounts receivable, banking, online payments, general ledger, cash holdings and control accounts.
3. Maintain relationships with external stakeholders including the College's bank.
4. Take responsibility for the administration of the College's use of finance system.
5. Implement improvements in the College's use of the finance system.
6. Support budget holders in budgetary control and provide user-friendly and timely financial reports for budget holders and management.
7. Advise senior leaders on key financial matters.
8. Develop and oversee financial policies and procedures.
9. Ensure robust and effective financial controls are in place and complied with at the College.
10. Ensure that all College income is maximised for the benefit of the students.
11. Lead the budget-setting and financial forecasting processes.
12. Monitor spend against budget in order to inform strategic decisions.
13. Provide financial management to the Abacus Maths Hub and other initiatives that the College participates.
14. Undertake financial analysis of College activities including the work with Higher Education and initiatives such as T-Levels.
15. Support year-end accounting and audit processes for the College.
16. Take responsibility for the timely and efficient preparation and submission of financial returns to the regulatory bodies.
17. Ensure timely implementation of recommendations from Audit and Assurance Reports.
18. Ensure any tax obligations are discharged correctly and effectively.
19. Undertake such duties that may be assigned commensurate with the grade and overall responsibility level of the post and as changing circumstances may require.

Service Care Solutions also offers a £250 referral bonus! So, if you know of anyone who would be perfect for this position and they are placed into work, you will receive £250 for the referral once their probationary period has been completed.

If this role is of interest, please just respond to this advert with an up to date copy of your CV or call Jake on (phone number removed).