Description
To provide financial management of all projects both revenue & capital to ensure conditions of grant is met and claims are submitted on time. To provide robust treasury management including effective cashflow management in line with the College’s Financial Regulations and maximising the college’s investment opportunities. To lead on VAT returns and maximising the college’s recovery of VAT. To be responsible for the maintenance of the fixed asset register of the college including providing guidance and oversight on safeguarding of college assets.
Key Responsibilities
1. To be responsible for updating the rolling 18 month cash flow forecast for actual spend to budget and analysing large variances in the month.
2. To ensure that the college’s investment income is maximised by ensuring accurate cashflow forecasting and placing of deposits in line with Treasury Management policy and procedures.
3. Lead on the monthly bank reconciliations for all of the College’s bank accounts.
4. To ensure the capital projects processes are followed in line with financial regulations, issuing of codes and the monitoring of spend each month end and producing the capital spend summary as part of the management accounts.
5. Ensure that the fixed asset register is maintained and reconciled on a monthly basis and depreciation calculated in line with depreciation policy as part of month end and year end process.
6. Be responsible for ensuring that all balance sheet reconciliations at the month and year end of fixed assets, depreciation, all loans, deposits, VAT and bank accounts of the college and its subsidiary.
7. Oversight and review of all claims and monitoring returns to the relevant funding agencies including the ensuring a full audit trail and coding on the finance system is up to date and accurate on a monthly basis.
8. Provide the training and maintenance and development of the new Finance system both within Finance team and the wider college management.
9. Support the Assistant Director of Finance & Estates with the budget setting cycle including non-pay budget preparation and consolidation and including uploading budgets and support with the returns to the funding agency as required.
10. To complete the quarterly VAT returns within deadline and ensure the college is both compliant and maximising the recovery of VAT.
11. Assist in the preparation of statutory accounts and funding body returns in line with the year end timetable and month end time table.
12. Undertake value for money reviews as directed by the Assistant Director of Finance to ensure contributions are optimised.
13. To liaise with auditors providing assistance, support and access to relevant and appropriate information, records and files. To implement all audit recommendations within agreed timescales in relation to treasury management.
14. To provide guidance and training to all College staff on financial procedures and budget holder responsibilities and other related queries including the attendance at open days, enrolment sessions and community fun days as necessary.
15. To provide line management support to the staff involved in cashbook and the preparation of grant claims.
16. Any other duties of a similar level of responsibility as may be required.
Skills, Knowledge and Expertise
Qualifications
Essential Criteria
Part or fully CCAB qualified accountant with a significant amount of experience in treasury management, budgeting and performing bank reconciliations gained from working in a large complex organisation.
Considerable experience in a similar role will be considered.
How Identified: Certificates
Desirable Criteria
Management or Customer Service qualification.
How Identified: Certificates
Experience
Essential Criteria
Working in a busy finance office with minimal supervision.
How Identified: Application / Interview
Desirable Criteria
Experience of managing large amounts of deposits & loans.
Experience of producing rolling cash flow forecasts for more than one company within the group.
Experience of business planning & understanding forecasts.
How Identified: Application / Interview
Specialist Knowledge
Essential Criteria
Experience of balance sheet reconciliations.
Experience of completing a bank reconciliation & developing a robust cash flow model.
Experience of producing timely and accurate financial management information for key stakeholders and staff at all levels.
Investigation of anomalies and variances.
How Identified: Application / Interview
Desirable Criteria
Familiar with cash flow forecasting and in year monitoring to maximise interest receivable for the College.
How Identified: Application / Interview
IT Skills
Essential Criteria
Intermediate use of Microsoft applications particularly Word and Excel.
Experience of using financial software systems.
How Identified: Application / Interview
About Hopwood Hall
We are a Further Education College and University Centre offering a range of full and part time courses employing over 600 staff on our campuses in Rochdale and Middleton situated to the north-east of Manchester. Both campuses have ample free parking and subsidised restaurants.
We offer staff a range of benefits including free gym membership at our Middleton Sports Arena and generous holiday entitlement.
We are committed to being a great place to work and have membership status of the Greater Manchester Good Employment Charter. We are a Living Wage employer and an accredited Disability Confident Employer. Our Equality, Diversity & Inclusion statement is designed to ensure that unfair discrimination does not take place in any part of our recruitment process.
We are committed to safeguarding and promoting the welfare of all learners and colleagues and we expect all colleagues and volunteers to share this commitment. The college complies with Safer Recruitment guidance in line with Keeping Children Safe in Education and all successful applicants are required to undertake a DBS check and other pre-recruitment checks in line with our Safer Recruitment policy. It is an offence to apply for a regulated role at the College if you are barred from working with children (or vulnerable adults if in a role where this applies).
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