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
- 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
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
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
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
7.1. 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