Finance Analyst
Based in Wembley, London - 3 Days On site, 2 Days Remote
6 Month Contract
Hourly rate: £28.41 (36 hours PW) Inside IR35, VIA Umbrella
Experience of adult social care finance is preferred - Full job spec available to successful candidates
Job Purpose:
* The role of Finance Analyst will be responsible for financial support to departments and schools including such areas as the annual budget, monthly monitoring, statutory reporting, Tax and VAT, Exchequer, Controls and supporting over all company functions.
* The role will deputise for the Senior Finance Analyst.
* The post holder will support officers, providing them with high level professional advice on a broad range of financial issues, including the administration of banking and pre-paid card systems.
* To play a significant role in the company's capital expenditure and income monitoring and control process and in preparing the company's statutory annual accounts.
* Responsible for a wide range of Oracle System and business operational reconciliations.
Principal Accountabilities and Responsibilities
* To undertake the preparation of budgets, to assist service areas with budget projections and provide critical challenge on a monthly basis, or as required
* To ensure a system of adequate internal controls exists in respect of financial matters
* To ensure that accurate financial returns, to both internal and external bodies including CIPFA, are made on a timely basis
* Advise on the financial viability of new or existing projects and policy proposals
* Liason with both Internal and External Auditors
* To provide advice to service managers on financial matters, including interpretation and compliance with financial regulations
Qualifications and Professional Membership requirements:
* AAT qualified, part qualified CCAB or CII + ongoing study OR equivalent experience
* Evidence of continuing professional development
Knowledge (please specify all essential criteria):
* Knowledge of Oracle Financials reporting Business Objects and ADI
* Knowledge of accounting principals, policies and practices
* Knowledge of financial accounting and control
* Knowledge of local government funding arrangements
* Knowledge of statutory and regulatory reporting requirements in banking
* Knowledge of capital accounting and regulation funding
* A working knowledge of project management methodology
* Knowledge of banking rules and regulations
* Sound understanding of income tax issues
Skills and abilities (please specify all essential criteria):
* Ability to apply complex technical rules where required, is aware of changes and can explain the impact of them Ability to identify potential budget issues and bring them to the attention of the relevant budget manager or finance manager. Takes responsibility for larger areas of budget development. Undertakes analysis on behalf of budget managers or finance managers
* Ability to analyse monitoring information and identify variances and trends, identifying impact those trends will have, producing forecasts and projections
* Ability to support budget managers and investigate more complicated issues Ability to make recommendations for decisions by senior officers.
* Able to take decisions on open ended issues with guidance from line manager and be able to clearly explain reasoning behind decisions taken
* Can propose ways of using financial systems more effectively.
* Ability to train other users and communicate best practice advice
* Ability to use financial systems to draw out relevant financial information
* Ability to use a variety of graphs and tables to present data within reports
* Ability to produce clear written documents explaining technical and finance issues following basic report writing principles
Due to high demand we are only able to respond to applications that meet the required criteria