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Head of Finance

Service Care Solutions - Legal
Posted 4 days ago, valid for 17 days
Location

Preston, Lancashire PR4 0AS, England

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The Head of Finance position at an educational establishment in Preston offers a salary range of £62,704 to £66,906 per annum.
  • This role requires the successful candidate to have significant experience in financial management, ideally with a focus on educational institutions.
  • The position involves overseeing a team of six and managing various financial functions including budgeting, forecasting, and compliance.
  • The role allows for one day a week working from home initially, with the potential to increase to two days.
  • Candidates interested in this opportunity are encouraged to submit their CV or contact Jake for further details.
Head of FinanceEducational EstablishmentPreston Based1 Day a week from home initially (Potentially increasing to 2 days from home)Monday to Friday 08:00-16:00 (37 Hours per week)£62,704 - £66,906 per annumJob PurposeThe Head of Finance plays a key role at the college. This role is an exciting opportunity to contribute to an outstanding sixth form college. We are looking for the successful candidate to build on the strengths of the team and improve financial systems and processes. We prepare monthly accounts in line with best practice and statutory accounts complying with the FE/HE SORP. The Senior Leadership Team relies on timely and reliable financial reporting. The Governing Body expects high standards of financial management, compliance and value-for-money. It supports staff, budget holders and students. The Head of Finance will oversee financial planning, compliance, and system improvements as well as working closely with senior leaders and external stakeholders. The successful candidate will manage and oversee a team of six.Main responsibilities
  • Provide effective management and leadership for the Finance Team.
  • Manage the functions of the Finance Team including accounts payable, accounts receivable, banking, online payments, general ledger, cash holdings and control accounts.
  • Maintain relationships with external stakeholders including the College’s bank.
  • Take responsibility for the administration of the College’s use of finance system.
  • Implement improvements in the College’s use of the finance system.
  • Support budget holders in budgetary control and provide user-friendly and timely financial reports for budget holders and management.
  • Advise senior leaders on key financial matters.
  • Develop and oversee financial policies and procedures.
  • Ensure robust and effective financial controls are in place and complied with at the College.
  • Ensure that all College income is maximised for the benefit of the students.
  • Lead the budget-setting and financial forecasting processes.
  • Monitor spend against budget in order to inform strategic decisions.
  • Provide financial management to the Abacus Maths Hub and other initiatives that the College participate.
  • Undertake financial analysis of College activities including the work with Higher Education and initiatives such as T-Levels.
  • Supporting year-end accounting and audit processes for the College.
  • Take responsibility for the timely and efficient preparation and submission of financial returns to the regulatory bodies.
  • Ensure timely implementation of recommendations from Audit and Assurance Reports.
  • Ensure any tax obligations are discharged correctly and effectively.
  • Undertake such duties that maybe assigned commensurate with the grade and
overall responsibility level of the post and as changing circumstances may require.Service Care Solutions also offers a £250 referral bonus! So, if you know of anyone who would be perfect for this position and they are placed into work, you will receive £250 for the referral once their probationary period has been completed.If this role is of interest, please just respond to this advert with an up to date copy of your CV or call Jake on

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.