Finance Manager HRA
Finance Manager HRA
Posted on :
03-04-2024
Employer Active
1 Vacancy
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Monthly Salary
Not Disclosed
Salary Not Disclosed
Vacancy
1 Vacancy
Posted on :
03-04-2024
Job Description
Req ID : 2686394
Mission
Islington Council is determined to create a more equal Islington where everyone who lives here has an equal chance to thrive. To do this everyone who works at Islington Council lives by a set of values which guide us in everything that we do: collaborative ambitious resourceful and empowering.
They spell out CARE which is what we think public service is all about. Watch our video to hear more about our values and how you can help us achieve it from our Chief Executive Linzi RobertsEgan.
Key details
Type of job: Permanent
Working hours: Fulltime (35 hours / week)
Base Salary : 62457.00
Top Point Salary : 70401.00
Start: ASAP
Location: Hybrid (remote with min. 1 day/week in office can be flexibly spread in agreement with line manager)
Industry: Government
Closing date: 29/04/2024 (application and online assessment must be submitted)
Key responsibilities
Summary
- Provide senior expertise in finance and act on behalf of the council on highlevel complex matters ensuring the provision of expert advice and guidance to all levels of staff which is appropriate accurate and timely in relation to all aspects of the finance function in accordance with the council s policies and procedures and to promote awareness of good financial practice and control.
- To ensure the efficient and timely completion of the annual closing of accounts process including the preparation and submission of grant claims and statistical returns and the ongoing maintenance reconciliation and review of the department s accounts provisions and grant claims.
Strategic Advisory
- Inform a strategic vision for the service that enables the council to meet its future challenges fostering a culture of innovation and continuous improvement.
- Contribute towards the development and implementation of the Council s financial strategy fundamentally ensuring sustainability over the medium term
- Work closely with all stakeholders to ensure best use of limited financial resources providing the strategic financial advice insight intelligence and support needed
- Continually review update and report on financial risks and opportunities advising how the risks can be mitigated and the opportunities exploited
- Proactively identify trends and changes in the operating environment (e.g. legislation technology policy etc.) that could financially impact service delivery; provide advice and collaborate on potential solutions
Financial Management
- Draw on knowledge of Council services and the related financial complexities to ensure the provision of systems and procedures that enable effective budgetary control; ensure that variations and emerging financial pressures are drawn to the attention of budget managers with options and plans for their resolution
- Provide senior expert specialist advise and to act on behalf of the Council on highlevel complex matters ensuring the provision of expert advice and guidance to all levels of staff which is appropriate accurate and timely in relation to all aspects of the finance function in accordance with the Council s policies and procedures and to promote awareness of good financial practice and control.
- Advise Head of Finance and Senior Finance Managers on funding financial management and accounting requirements
- Promote a culture which empowers budget holders and supports the delivery of value for money services and knowledge of key cost drivers
- Prepare and present informative high quality reports to senior stakeholders that aid in informed service and corporate decision making
- Advise on investment and funding strategies including investment risk and performance
- Ensure members of the team directors and budget holders receive the financial management training required to be effective in their roles including awareness of Financial Regulations and financial approval requirements prior to taking decisions
Financial Reporting
- Prepare and present complex and diverse informative high quality reports to members and other senior stakeholders that inform service and corporate consequence action decision making
- Ensure statutory and other returns are submitted accurately and on a timely basis. Prior to submission ensure senior management sign off and produce an appropriate supporting paper setting out the approach to development of the return
- Monitor and control the monthly financial reporting process ensuring forecasts are accurately included on the system or promptly escalating relevant issues backed up with appropriate analysis
Financial Planning and Budgeting
- Support the longerterm councilwide financial position and develop financial strategies with stakeholders
- Provide support for the medium term financial planning process
- Develop appropriate financial models and analytics to determine financial impact of future service demands changes in legislation and other factors affecting resource requirements
- Instigate develop and support the attainment of alternative sources of funding that contribute towards identified funding gaps
Customer Focus
- Act as a key financial advisor and service delivery partner providing strategic support and constructive challenge through negotiation and influencing skills
- Contribute to the delivery of a high performing customer focused finance service that is proactive and creative looking for ways to shape and influence service decisions and taking joint responsibility for the outcomes achieved
- Engage communicate and influence within the council across partners and with the wider local government community to champion a unified regional and sector approach
- Foster the development of social value and communitybased organisations to reduce demand and help communities more independently support themselves
Compliance
- Ensure that all activities within the service comply with the council s constitution financial regulations health and safety and safeguarding responsibilities and that effective systems operate within the service to manage performance and risk.
- Interpret and implement legislative and regulatory requirements relating to the CIPFA codes of practice Treasury Guidance and relevant financial legislation
- Make a significant contribution towards the closure of accounts support the external audit opinion and deliver appropriate financial returns
- Support an effective system of financial controls across the organisation
Leadership and Management
- Encourages staff to recognise their contribution to the strategic objectives the council has set
- Foster a highperformance culture including carrying out internal service reviews to improve value for money and efficiency
- Lead and effectively motivate staff by providing coaching mentoring training professional development opportunities and appropriate performance management
- Build a credible and responsive team who are respected for their depth of knowledge expertise and customer focus
- Deputise for the Head of Finance as required
- Enable and encourage a flexible working environment
- Champions a culture that values equality and diversity and ensures these are built into the delivery of services
- Promotes a culture that values continuous personal and professional development
- Demonstrates a high level of personal drive and energy that sets an example to others
- Fosters a dynamic achievement orientated culture
- Work collaboratively with peers and stakeholders
- Takes responsibility for delivering timely and quality results with focus and drive
Change and Improvement
- Assist in the development implementation and review of change management programmes to deliver continuous improvement
- Proactively seek and identify commercial opportunities that generate income and provide innovative solutions to service delivery challenges
- Proactively seek and take responsibility for implementing internal process improvements demonstrating the business case for change and benefits achieved
- Support opportunities for councilwide transformation and alternative service delivery models
- Contribute to the creation of a new digital culture within the service by embracing technology in everyday activities and actively seeking digital improvement opportunities in support of a servicewide digital strategy
Leadership
- As a member of the council s management team to contribute proactively to the collective leadership for the council working collaboratively with Members services across the council partners and stakeholders to deliver the council s objectives and priorities.
- To drive positive cultural change embodying and promoting the values and behaviours of the council and empowering staff to reach their full potential. Ensure that the performance and development framework is effective for all staff.
- To lead on and ensure the effective implementation of corporate initiatives and transformation programmes that cut across the whole or part of the council s activities.
Resources and Financial management
- Ensure effective Financial Management cost controls and income maximisation in an ever changing environment fluctuating demands and priorities.
- Ensure resources are well managed and effectively deployed to the best possible effects assuring value for money in all activities.
Compliance
- Ensure legal regulatory and policy compliance under GDPR Health and Safety and in area of your specialism identifying opportunities and risks and escalating where appropriate.
Budget responsibilities
- Indirect budget management ( 816 million)
Work style
- Hybrid (remote with min. 1 day/week in office can be flexibly spread in agreement with line manager)
If you think you have the skill and ambition to deliver in this role please apply now!
Requirements
All criteria are essential. You should demonstrate on your application how you meet all criteria. Please ensure that you address each of the criteria as this will be assessed to determine your suitability for the post.
Eligibility
- All applicants must be resident in and have the unrestricted right to work in the UK.
- All applicants must upload their CV and cover letter as part of the application. Any applications without a cover letter will be rejected.
- All applicants must be able to work according to the hybrid working arrangement described above.
Qualifications
1. Full member of CCAB (preferably CIPFA) CFA or ACT with significant post qualification experience
2. Evidence of significant relevant Continuing Professional Development (CPD)
Experience
3. Strategic management experience including translating organisational drivers into strategic objectives longer term plans new ways of working and specific outcomes for a service in a large public sector organisation (preferably local government)
4. Experience in persuading stakeholders to work together encouraging an organisational focus on the needs of the community
5. Experience preparing business cases for investment decisions including the ability to apply options appraisals and evaluation techniques
6. Experience of working effectively in an area with competing demands and tight timescales
7. Evidence of successful resources management in a multidisciplinary environment business planning quality and performance management including formulating budgets and financial models resolution of conflicting priorities applying rigorous planning challenge and appropriate control procedures
Skills
8. Strong interpersonal and communication and presentation skills with proven ability to communicate complex and diverse information effectively to a wide range of audiences both horizontally and vertically financial and nonfinancial
9. Able to lead inspire and motivate a range of employees and generate a positive working environment
10. Ability to analyse information objectively considering the facts and differing perspectives to reach a sound logical conclusion
11. Sound managerial skills with a track record of developing individuals and working in high performing teams
12. Ability to work effectively in a political environment and establish positive relationships with councillors senior managers staff external partners and interest groups in a way that establishes confidence credibility and trust
13. Ability to establish develop and maintain effective relationships within organisations and externally with partner organisations
14. Welldeveloped IT skills (MS Office suite financial systems data Visualisation tools (e.g. Power BI)
Benefits
Working for Islington Council
If you come and work with us we ll ask that you commit to our mission of creating a more equal Islington for all our residents and that you work diligently and efficiently to help us achieve it.
In return we ll offer fair pay good working conditions development opportunities and some great employee benefits including:
- Starting with 28 days annual leave per year with an additional 3 privilege days (to be taken between Christmas and New Year) with an additional 5 days annual leave after 5 years continuous service
- 35 hour working week
- Family friendly policies and a range of flexible working arrangements (including hybrid working with one day per week in the office)
- Employee Assistance Programme (EAP) provides support and resources to help staff whether they need emotional support from qualified counsellors or practical help with life s challenges like health and fitness or managing their worklife balance.
- Counselling support from partner Able Futures who will provide support from qualified professionals for a maximum of nine months to staff and act as your coach to better mental wellbeing.
- The council are working closely with Remploy to provide a support service for our staff and managers who either have a disability or support a team member with a disability.
- Excellent pension scheme
- Competitive pay and a commitment to paying all staff and apprentices the London Living Wage
- Learning and development opportunities to maximise your potential
- Annual season ticket loan Cycle to Work and Bike Loan Schemes
- Payroll giving
- Personal computer incentive scheme
- Welfare loans up to 1000
- Local discounts from restaurants shops health and beauty therapists gym membership and more!
- Free eye tests
- Childcare voucher scheme
- Discounts in leisure hotel stays car hire clubs travel health services ten pin bowling theatre and theme parks.
Working for the Finance Team
The Finance Team at Islington has a strong vision to be at the heart of the organisation providing innovative solutions to enable and inspire the organisation for the benefit of residents .
Having recently gone through a restructure the next step is to supercharge capacity to modernise the finance service and add even more value for residents.
Successful candidates will play a lead role in a number of highprofile areas of local government finance. They will get to work in a highly collaborative and inclusive environment whilst being empowered to deliver excellence and grow their careers.
We welcome applications from suitably qualified and experienced candidates at all stages of career including people who may be looking to resume their careers after a period away from the workplace.
All criteria are essential. You should demonstrate on your application how you meet all criteria. Please ensure that you address each of the criteria as this will be assessed to determine your suitability for the post. Eligibility All applicants must be resident in and have the unrestricted right to work in the UK. All applicants must upload their CV and cover letter as part of the application. Any applications without a cover letter will be rejected. All applicants must be able to work according to the hybrid working arrangement described above. Qualifications 1. Full member of CCAB, (preferably CIPFA), CFA or ACT with significant post qualification experience 2. Evidence of significant relevant Continuing Professional Development (CPD) Experience 3. Strategic management experience, including translating organisational drivers into strategic objectives, longer term plans, new ways of working and specific outcomes, for a service in a large public sector organisation (preferably local government) 4. Experience in persuading stakeholders to work together, encouraging an organisational focus on the needs of the community 5. Experience preparing business cases for investment decisions including the ability to apply options appraisals and evaluation techniques 6. Experience of working effectively in an area with competing demands and tight time-scales 7. Evidence of successful resources management in a multi-disciplinary environment, business planning, quality and performance management including formulating budgets and financial models, resolution of conflicting priorities, applying rigorous planning challenge and appropriate control procedures Skills 8. Strong interpersonal and communication and presentation skills, with proven ability to communicate complex and diverse information effectively to a wide range of audiences both horizontally and vertically, financial and non-financial 9. Able to lead, inspire and motivate a range of employees and generate a positive working environment 10. Ability to analyse information objectively, considering the facts and differing perspectives to reach a sound, logical conclusion 11. Sound managerial skills with a track record of developing individuals and working in high performing teams 12. Ability to work effectively in a political environment and establish positive relationships with councillors, senior managers, staff, external partners and interest groups in a way that establishes confidence, credibility and trust 13. Ability to establish, develop and maintain effective relationships within organisations and externally with partner organisations 14. Well-developed IT skills (MS Office suite, financial systems, data Visualisation tools (e.g. Power BI)
Employment Type
Remote
Company Industry
Banking / Financial Services / Broking
Key Skills
- Cognos
- Forecasting
- Hyperion
- Dealership Experience
- QuickBooks
- Accounting
- Corporate Finance
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Management
- Financial Planning
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