A Finance Bursar is sought to lead and manage the accounting team at a reputable not for profit organisation. The candidate will be accountable for financial reporting, budget control, and financial leadership.
Client Details
Our client is a well-known education provider based near Reading, Berkshire, with a sizeable team dedicated to making a positive impact on society. This organisation is renowned for its dedication to the community and its commitment to fostering a supportive and engaging working environment.
Description
- The Finance Bursar will oversee the financial management and operational planning ensuring that resources are effectively managed to support the institution's educational objectives.
- This role involves strategic financial leadership, compliance with regulatory requirements, and providing advice to senior leadership and governors on financial matters.
- Develop and implement the college/school's financial strategy in line with its educational objectives.
- Prepare, monitor, and manage annual budgets, ensuring alignment with institutional priorities.
- Produce monthly management accounts, financial forecasts, and detailed variance analysis for senior leadership and governors.
- Oversee financial compliance, including external audits, ensuring adherence to regulatory requirements such as ESFA (Education and Skills Funding Agency) guidelines.
- Identify and pursue opportunities for income generation, including grants, lettings, and partnerships.
- Provide financial advice and strategic planning support to the Principal, Governors, and Senior Leadership Team (SLT).
- Lead on financial risk assessments, ensuring sustainability and resilience in long-term planning.
- Support decision-making through data-driven insights and scenario modelling.
- Oversee procurement processes, ensuring value for money and compliance with statutory regulations.
- Manage payroll, pensions, and related HR processes in collaboration with external providers or internal teams.
- Maintain and update financial policies and procedures, ensuring consistency and compliance.
- Prepare reports and presentations for Governors, the Headteacher, and external stakeholders.
- Act as the key point of contact for external auditors, funding bodies, and other financial agencies.
- Ensure all statutory reporting deadlines (e.g., annual accounts, tax filings) are met.
- Lead and develop the finance team, fostering a culture of continuous improvement.
- Provide training and guidance to non-financial staff on budget management and financial processes
Profile
Essential Criteria
- Professional accounting qualification (e.g., ACA, ACCA, CIMA, CIPFA) or equivalent experience.
- Proven experience in financial management, preferably within the education or non-profit sector.
- Strong knowledge of UK accounting standards, public sector finance regulations, and procurement rules.
- Experience working in an academy trust, school or college setting.
Job Offer
- An attractive salary package
- Fixed Term Contract
- Onsite Parking
- Generous holiday leave