Head of Finance

London

A rated outstanding academy trust in North East London are looking to recryuit a dynamic Head of Finance, with a real passion for delivery and improving outcomes of young children across London. This is the perfect way to blend solid finance skills and qualifications for an incredibly worthy cause.

This would suit a Finance Director of a similar sized MAT, or a regional finance lead within a larger trust perfectly.

Job Purposes

  • To be responsible for the financial sustainability and development of the Trust.
  • To provide high quality leadership and management of the Trust’s finance and business functions to enable the Trust to run smoothly, efficiently and effectively in the delivery of the Trust’s core aims.
  • To lead the promotion and delivery by the whole organisation of good financial management so that public money is safeguarded at all times and used appropriately, economically, efficiently and effectively.
  • To act as the Company Secretary for the Trust.
  • Maintain a secure overview of the management of all financial issues within each of the Trust’s schools and services, including Professional Development and Outreach Services and Project Search.
  • Keep the Executive Team and the Board up to date with the latest Education Funding Agency (EFA) changes and other statutory guidance and providing filtered briefings
  • Ensure the financial sustainability of The Trust
  • Advise the CEO, COO and the Board on all matters relating to the financial strategy, on the impact of their decisions on the financial position of the Trust and on strategic matters, within the framework for financial control determined by the Board
  • Uphold good governance and ethical behaviour including good accounting practices in the finance function and ensure the Trust upholds good accounting, reporting and internal control systems
  • Maintain effective systems of internal audit control
  • Review Trust policies, processes and procedures to ensure compliance with various external regulations including filing deadlines regarding VAT, PAYE, EFA, DfE, HMRC, Charity Commission and Companies Acts
  • Provide efficient financial assistance to the CEO, COO, the Board and Principals and Heads of Service regarding all aspects of financial management within the Trust.
  • Ensure all forms and returns required by the EFA and The Trust’s Board are prepared and submitted in the formats specified by the EFA/DfE and filed by the relevant filing deadline
  • Write the Annual Report and preparing the consolidated financial statements in the statutory format specified by the EFA, Companies Acts and Charity Commission for auditing by the external auditors. Arranging a timeline and detailed checklist of work to be done in house and by the external auditors to ensure the audited statutory accounts are filed with the EFA by 31st December
  • Prepare the quarterly, monthly and ad-hoc management accounts
  • Maintain a strategic financial plan including a 5 year budget plan for the organisation
  • Advise the CEO, COO and the Board if fraudulent activities are suspected or uncovered
  • Author and maintain the Risk Register and attending the Audit Committee
  • Liaise with external regulators such as the EFA/DfE, Charity Commission, Companies House, external auditors and internal auditors as required
  • Develop checklists for month—end reports to ensure that they are prepared on a reliable and consistent basis
  • Develop and maintain the in-house Finance Manual that sets out the Trust’s operational procedures governing The Trust, combining best practice with the latest Accounts Direction issued by the EFA.
  • Assist the Principals and Heads of Service in setting and managing their budgets together with setting the Trust’s budget, thereby enabling the Trust’s schools to deliver the curriculum in a cost—effective manner
  • Provide support and guidance to any staff in individual schools with financial responsibility
  • Cooperate with, initiate and manage audit procedures

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