Head of Finance
College
Essex
Permanent
£70,000 - £75,000
Hybrid, 2/3 days in the office
Full time, 37 hours p/week
Morgan Hunt are working with a College based in Essex who are looking at recruiting a Head of Finance. This is a permanent role paying up to £75k.
Key Responsibilities of the Head of Finance:
Financial Management & Reporting
* Oversee financial planning, forecasting, and budgeting, ensuring effective cost control.
* Prepare financial statements, profit and loss reports, and balance sheets for senior management.
* Ensure compliance with financial regulations, audit requirements, and statutory reporting standards.
* Monitor cash flow, expenditure, and financial risks, ensuring robust financial health.
* Lead the preparation of year-end financial statements and liaise with auditors.
* Manage financial systems and controls to enhance operational efficiency.
Procurement & Compliance
* Develop and implement procurement strategies in line with public sector regulations.
* Ensure statutory and financial obligations are met and value-for-money principles are upheld.
* Lead tendering and contract negotiations to ensure effective supplier management.
* Maintain adherence to GDPR, Data Protection Act 2018, and Freedom of Information Act 2000.
Leadership & Strategic Development
* Lead and manage the finance team, ensuring high performance and professional development.
* Work closely with senior management to align financial strategies with organisational goals.
* Drive continuous improvements in financial services, governance, and control.
* Provide expert financial advice to senior leaders and key stakeholders.
Previous Skills and Experience of the Head of Finance:
* Must have Further or Higher Education experience OR audit experience having audited in the education sector.
* Fully qualified accountant (CIMA, CIPFA, ACCA, ICA) with significant experience in a similar role.
* Production and review of financial reporting I.e. Monthly Management Accounts & Statutory financial statements.
* Experience of multi-year cash flow management.
* Experience of developing appropriate financial systems.
* Experience of budget setting and 3-year financial planning at organisation and departmental level.
* The successful candidate must hold an Enhanced DBS or be willing to undergo processing.
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