Interim Finance Director
We are seeking an Interim Finance Director for a 6-month position with a university based in London.
Key Responsibilities:
Strategic Financial Leadership:
* Provide strategic financial leadership and direction for the institution.
* Develop and implement financial strategies to support the institution's goals and objectives.
* Advise senior management and the board on financial planning, budgeting, and policy matters.
Financial Management and Reporting:
* Oversee the preparation of accurate and timely financial statements and reports.
* Ensure compliance with educational accounting standards and regulatory requirements.
* Monitor financial performance and provide insights to support decision-making.
Budgeting and Forecasting:
* Lead the annual budgeting process, working closely with department heads.
* Develop financial forecasts and long-term financial plans.
* Monitor budget performance and implement corrective actions as needed.
Internal Controls and Compliance:
* Establish and maintain robust internal controls to safeguard the institution's assets.
* Ensure compliance with financial policies, procedures, and regulatory requirements.
* Coordinate internal and external audits, providing necessary documentation and support.
Grant and Fund Management:
* Oversee the financial management of grants and funding from various sources.
* Ensure compliance with grant requirements and reporting standards.
* Prepare financial reports for grantors and funding agencies.
Team Leadership and Development:
* Lead and mentor the finance team, fostering a culture of continuous improvement.
* Provide training and development opportunities to enhance team capabilities.
* Ensure effective collaboration and communication within the finance team and across departments.
Financial Systems and Processes:
* Enhance the efficiency and effectiveness of financial systems and processes.
* Support the implementation and maintenance of financial software and tools.
* Ensure accurate and timely financial data entry and reporting.
Stakeholder Engagement:
* Build and maintain strong relationships with internal and external stakeholders.
* Represent the institution in financial matters with external partners, auditors, and regulatory bodies.
* Communicate financial information clearly and effectively to non-financial stakeholders.
Additional Responsibilities:
* Provide financial analysis and insights to support strategic planning and decision-making.
* Assist in the development and implementation of financial policies and procedures.
* Participate in special projects and initiatives as required.
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