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Senior Finance Lead

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  • UK, London
  • Negotiable
  • Contract , 6 months
  • Full time

Our Public sector client is currently recruiting for a Senior Finance Lead, on a 6 month contract paying £280 P/D inside IR35.

Role: SENIOR LEAD FINANCE MANAGER

Contract Length: 6 months

Location: London/ WFH

IR35: In Scope

Pay Rate to Candidate: £280 per day Umbrella

Minimum Requirement:

- Corporate reporting

- Senior Finance Business Partner

- Must have strong excel skills and be a good communicator

NHS experience essential

Context of the role:

As Business Support to the Deputy Director of Financial Reporting and Finance Corporate Finance Managers

you will play a critical role in ensuring that the CSU achieves its financial targets through the monthly budget

reporting cycle.

The post holder will undertake the following duties and responsibilities:

1. MAIN DUTIES AND RESPONSIBILITIES

 To work cohesively and effectively with the Senior Corporate Finance Managers in order to provide a

high quality management accounting service to the CSU. Providing a professional and timely financial

reporting service that responds to the needs of budget holders;

 Assisting in the annual process to set income and expenditure budgets for the CSU;

 Undertaking monthly analysis and reconciliations of the ledger accounts as required, in order to

ensure that the monthly income and expenditure reported by the Business Units is correct and

accurate. This includes reconciling downloads of ledger information on a daily basis

 Undertaking monthly analysis of control accounts and reconciliations of suspense accounts to ensure

that income and expenditure ledger is correctly coded and accounted for, including the preparation

and input of journals for income , pay and non-pay accruals.

 Preparing and maintaining income and expenditure control, accounts for the recharge of costs for the

CSU to third parties;

 Providing appropriate financial training and support to non-financial managers;

2. KEY WORKING RELATIONSHIPS

The post holder reports to the Senior Corporate Finance Managers but will also liaise with other team

members.

 Operate effectively in a flexible and demanding environment and proactively engage with

CSU staff, customers and suppliers as well as other stakeholders

 The post holder will be required to build and maintain good working relationship with a broad range

of internal and external stakeholders on a range of business sensitive issues.

 Generates and interprets financial information to help the organisation to understand itself more

fully and works as a business advisor taking into account a range of commercial, technical, service

quality and financial factors.

 Participate in relevant internal and external working groups/projects, services and initiatives to

provide project, information and analytical advice with no need for reference to manager.

 To liaise with other Managers to share best accounting and budgeting practice. Proposing changes to

local accounting policies where necessary which may impact in other areas

3. FINANCIAL MANAGEMENT

 Supporting the production of monthly budget reports and financial forecasts managers in line with

the financial reporting timetable;

 Analysing significant budget variances as required by the Head of Reporting and reporting on these;

 Assisting budget holders in the operation of Shared Business Services, ensuring that invoices are

coded accurately and promptly. Ensuring the integrity of ledger coding by clearing incorrect codes by

journal and investigating the reasons for such miscodes so that they do not re-appear;

 On a monthly basis analysing and reconciling of the ledger accounts as required, in order to ensure

that the monthly income and expenditure reported by the Business Units is correct and accurate. This

includes reconciling downloads of ledger information on a daily basis

 Collating workforce and activity information and reports on the relationship between activity and

financial performance as required. Identifying any payroll miscodes and journaling them and following

up with HR to ensure they are corrected in ESR.

 On a monthly basis maintaining and updating control accounts and reconciliations of suspense

accounts to ensure that income and expenditure ledger is correctly coded and accounted for,

including the preparation and input of journals for income, pay and non-pay accruals and the

preparation of any recharges to third parties;

 Identifying key risks in the areas of responsibility and ensuring that these are communicated to

budget holders and the Senior Corporate Finance Managers.

 Provide support to the year-end financial accounting process as required by clearing a reconciling any

control/suspense accounts, checking coding, and completing any year end accruals.

 Providing financial training to all new budgets holders in the areas of responsibility

4. FINANCIAL PLANNING

 Preparing annual budget working papers for Senior Corporate Finance Managers as required by the

Head of Reporting; this includes financial, activity and workforce information required to complete

the annual Business and Finance Plan and templates.

5. FINANCIAL GOVERNANCE AND CONTROL

 Ensuring that budget holders are aware of and are complying with the Standing Orders and

Standing Financial Instructions.

 Respond to audit reports relating to areas of responsibility and assists in the implementation of audit

recommendations.

 Provides information and replies to queries raised by both internal and external auditors.

6. STAFF MANAGEMENT

 Provide training, advice and support on own area of responsibility.

 Support training and induction of new and existing staff.

 Participate in the recruitment process of support staff

7. OTHER

7.1. To carry out other appropriate delegated duties as required by the Line Manager

7.2. The job description and person specification are an outline of the tasks, responsibilities and

outcomes required of the role.

7.3. The job description and person specification may be reviewed on an on-going basis in accordance

with the changing needs of the Business Unit and the Organisation.

Security Clearance: BPSS (No Disclosure)

CV Deadline: TUE 24/08

Interview Process: MS Teams

  • Contact: Jordan Key
    020 7531 5757 (Offline)
  • Date: 13.09.2021
  • Deadline: 27.09.2021
  • Quote ref: 990045/45512

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