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Head of Strategic Finance (Grade 5), Somerset
Client:
Location: Somerset, United Kingdom
Job Category: Finance
EU work permit required: Yes
Job Reference:
19c676963c2f
Job Views:
9
Posted:
26.04.2025
Expiry Date:
10.06.2025
Job Description:
Job Category: Financial – Senior Posts
Location: County Hall, Somerset Council
Start Date: Immediate Start
Start Time: 09:00
End Time: 17:30
The Head of Strategic Finance is responsible for providing high-quality financial and strategic accounting advice to major services within the Council. They oversee the financial health of Somerset Council, working closely with the Service Director Finance & Procurement to develop financial strategies, assess investments, and ensure legal and regulatory compliance.
Leads and coordinates the Council’s key financial processes, including Budget Setting and Budget Monitoring for revenue and capital funding and expenditure. Manages the Council’s Tax Setting and Collection Fund.
Performs strategic and tactical financial analysis, modeling, and evaluation to support data-driven decision making. Ensures the Council meets its savings targets and financial objectives.
Responsible for Somerset Pension Fund and the Council’s Treasury Management activities, including investments and debt management. The investment strategy aims to ensure fund solvency, long-term cost efficiency, and risk management.
Oversees the Council’s capital program, including investment portfolios and investment companies. Collaborates with the capital team to improve budget setting and monitor the program, making impactful recommendations.
Develops and implements strategies within their area of responsibility, anticipating complex issues and aligning with wider organizational strategies.
This position is to cover a 3-month long-term absence.
Qualifications/Knowledge/Experience/Skills
Qualifications
* Fully qualified Accountant (CCAB or equivalent) with significant post-qualification experience in complex organizations. Essential
* Evidence of ongoing professional development. Essential
Skills
* Expertise to act as the Council’s ambassador for planning and decision-making based on recommendations and requirements.
* Ability to lead planning, organizing, prioritizing, and overseeing activities to meet objectives.
* Leads data trend analysis for reports guiding decision-making.
* Develops, monitors, and interprets policies aligning with council strategies.
* Knowledge of laws, regulations, and policies relevant to local government finance.
* Extensive knowledge of local government finance, including funding and pensions.
* Proven track record of system and process improvements.
* Experience in governance and stakeholder influence.
Experience
* Leadership experience in managing systems, processes, and challenges.
* Strategic management across functions with resource oversight over long periods.
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