Management Accounting and Budgeting:
1. Responsible for the preparation of monthly management accounts and reporting to Headteachers for an allocated number of schools.
2. Oversee and support the monthly finance closedown, including the posting of accruals, deferred income, prepayments, accrued income and reconciling the control accounts and fixed asset register.
3. Ensure the accurate posting of monthly payroll to the Trust’s finance system.
4. Preparation and monitoring of the performance of school budgets, ensuring that expenditure limits are adhered to, and budgets are managed appropriately. Providing commentary on differences between actual versus budgeted and forecast and implementing any required action plans.
5. Production of 3-year financial forecasts for schools, considering key performance drivers such as pupil numbers and staffing headcount for a selection of schools.
6. Provide financial advice to budget holders and Headteachers. Reporting any variances or potential issues to the EDFB on a timely basis.
7. Lead half termly finance meetings with Headteachers to discuss the latest sector updates, accounts, forecasts and plan for future budget setting.
8. Monitor and report on key financial metrics (KPIs) using established systems and processes, identifying material variances and reporting to the EDFB.
9. Regularly review the Trust’s sales and purchase ledgers, ensuring the timelines of payments ...