Finance Director

Are you a dynamic leader with a passion for financial management and strategic planning? We are seeking a Director of Finance to join our Executive Management Team (EMT) and contribute to the success and growth of our College. This is a pivotal role offering the opportunity to shape our financial future and make a real impact.

Key Responsibilities:

As a Member of EMT:

• Serve as a role model of excellence and professional conduct.
• Provide positive leadership, fostering a supportive and innovative environment.
• Attend Board of Corporation meetings, offering expert advice and insights.
• Develop effective communication and promote teamwork across the College.
• Stay updated on best practices, offering professional advice to the Principal and EMT.
• Ensure compliance with Financial Regulations and College Policies.
• Identify and manage risks, reporting to the Principal as necessary.
• Engage in continuous professional development and review team performance.
• Represent the College on external bodies and participate in duty management rota.

Specific Responsibilities as Director of Finance:

• Provide strategic financial advice and direction to EMT and the Board.
• Oversee the annual business and budget planning cycle, including financial forecasts.
• Ensure compliance with statutory and external requirements, including auditors and HMRC.
• Maintain effective financial regulations and ensure user compliance.
• Manage relationships with auditors and recommend service appointments.
• Handle financial returns to the Department for Education accurately and on time.
• Manage diverse income streams and prepare audited financial accounts.
• Provide comprehensive financial reports to meet managerial needs.
• Ensure timely production of monthly management accounts and budget reports.
• Maintain and develop the College's finance system for efficient operation.
• Plan and implement a new finance system before the current one ends in 2029.
• Ensure procurement aligns with financial regulations and secures value for money.
• Offer guidance on VAT, PAYE, and taxation matters.
• Manage cash flow, ensuring operational needs are met, and surplus funds are invested securely.
• Maintain the College's register of fixed assets and inventory.
• Oversee the College's insurance coverage, including annual renewals and tenders.

Management Responsibilities:

• Ensure all operational financial requirements and deadlines are met by the team.
• Manage payroll, ensuring accurate and timely staff payments and compliance with HMRC and pension bodies.
• Oversee the curriculum resources function, including timetabling, budgeting, and course costing.