Executive Finance Business Manager

Client Details

A well established organisation based in Medway - Accounting and Finance - Commerce and Industry.

Description

Financial Management

• Work with the Executive Head, Headteacher, Finance and HR Director and relevant Senior Leaders to develop a strategic plan for the staff and resources of each academy.
  
• Monitor and maintain up to date budget and forecast figures for each Academy using the Trust's budgeting software.
  
• Prepare a five year financial plan for each of the designated academies and as part of this exercise to prepare the annual budgets which support the financial plan.
  
• Meet regularly with the Executive Head and Headteachers to discuss monthly management accounts reports.
  
• Meet with budget holders as necessary to discuss budget spend.
  
• In conjunction with the Executive Head, Finance and HR Director, support the planning and implementation of capital purchase programmes.
  
• Liaise with funding agencies to identify and source additional funding and identify potential funding opportunities, agencies or government initiatives to ensure income generation from both diverse and obvious sources.
  
• Prepare financial reports, estimates and completion of financial returns as required by the Trust Board, CEO, Executive Head, Headteacher, Finance and HR Director, Financial Controller and Regional Governing Body of each designated Academy, Department for Education, Companies House and HM Customs and Excise and any other group or organisation for which this information is required.
  
• Ensure the effective operation of financial controls within the designated academies and ensure they receive value for money for all expenditures.
  
• Review a rolling 12 month cash flow forecast for each Academy, identifying any concerns and ensuring they are raised to the FD, FC and FM at the earliest opportunity.
• Work with the FM to manage and monitor internal recharges between Academies and Central, ensuring that costs are recharged on a monthly basis.
• Meet regularly with key staff in the Central Finance Team to review management accounts and the Trial Balance by Fund Type.
• Review month end schedules prepared by FM for accuracy before submitting to Financial Controller.
• Authorise paylists, where appropriate authorisation has been received for payment from the delegated authority within each Academy.
• Carry out a physical monthly reconciliation of petty cash held within each Academy.
• Attend all relevant Trust and Regional Governing Body Management and Finance Committee meetings and ensure they are all given the necessary information, both at the meeting and in advance, to discharge their duties effectively.
• Work with key finance staff and the Trust auditors to support the audit requirements for each Academy, ensuring that information is timely and accurate.
• In liaison with the FD and FC monitoring of contracts to ensure compliance, best value and timely renewal as appropriate for each of the designated academies.
• Work with the FD and FC to oversee and develop financial procedures within the Trust that are in line with the agreed financial practices.

HR & Payroll

• Support the strategic recruitment plan within each Academy ensuring that staffing decisions are factored into the relevant Academy's budget.
• Maintain effective communication with the Office Manager in each Academy to ensure a co-ordinated approach on HR and payroll matters. Liaise with the Trust's payroll and HR provider as necessary.
• Ensure all relevant parties (e.g. FM, Finance and HR Officer) are aware of changes to staffing so that relevant paperwork can be checked/updated as necessary.
• Reconcile the payroll information on a monthly basis against budgeted costs and deal with any discrepancies through liaison with the relevant Office Manager or the Trust's payroll provider.

Assist the Senior Team in the development of a staffing structure that meets financial considerations

Profile

• Advanced Excel
• CIMA / ACCA part Qualified / Finalist
• Supervisory background

Job Offer

A competitive salary and benefits package.