Join LGPS Central at a pivotal moment - where strong policy and research capability supports long term investment outcomes.
As a key member of the Finance team, the Senior Finance Manager will be responsible for supporting the Head of Finance in financial planning, budgeting and forecasting, expenses management and ensuring the effective and efficient delivery of the company's financial operations.
The role will be responsible for financial reporting and management accounting, budgeting and forecasting, business partnering with budget-holders, cost-sharing reporting to partner funds and operational finance.
What you'll be doing:
* To assist the Head of Finance with the annual budgeting process, ensuring alignment with the Company's strategic objectives.
* To lead on the monthly re-forecasting process and business partner with department heads to understand costs and provide insight to support decision-making.
* To contribute towards the preparation of monthly management accounts and quarterly shareholder reporting.
* To assist with the preparation of monthly and quarterly variance analysis. Analysing the differences between actual results and budgeted/forecasted amounts.
* Lead on the month end process ensuring all cost related adjustments posted in a timely manner.
* To develop and maintain complex financial models and ensure these are updated accurately.
* To oversee cost related schedules and ensure these are maintained monthly.
* To calculate charging bases and levels and generate income accordingly.
* To provide information and advice to the Head of Finance and other managers on financial matters, including projects and business cases.
* To assist in the management of a range of services provided by external suppliers:
* Finance System Provider
* Payroll Provider
* Expense Management System Provider
* To manage the day-to-day delivery of efficient and effective operational financial services (accounts payable, payroll and expenses).
* To operate the company's computerised accounting system, including the operation of effective controls and reconciliations, training and supervising the work of junior staff in using the system.
* To assist the Head of Finance in identifying financial risks and take steps to manage and mitigate these, reporting as appropriate.
* To support the Head of Finance in working with partner funds to develop effective financial reporting for clients.
* To make a significant contribution to the work of the Finance team and the wider company.
* To assist the Head of Finance in ensuring that the skills and knowledge of the Finance team are developed to a high level, and to be an advocate of continuous professional development.
* To promote the work of the Finance team within the company, including the delivery of financial training and financial advice and support to managers.
* To actively identify opportunities for continuous improvement within the Finance team and implement them swiftly and effectively.
* To participate in cross-organisational groups and build effective working relationships with peers in other organisations.
* To support the Head of Finance in the management of the Business Planning team, including line management responsibility for a small team.
* Contribution to LGPSC RI&E initiatives as and when required and to be familiar with Company RI&E policy and approach.
About Us:
LGPS Central (LGPSC) Ltd is the FCA regulated asset manager for eight local authority pension funds across the Midlands. LGPSC is jointly owned on an equal shares basis by those Partner Fund, and it is responsible for managing £45bn+ of their assets. It is one of eight Local Government Pension Scheme (LGPS) asset pools in the UK.
LGPS Central's Partner Funds are:
* Cheshire Pension Fund
* Derbyshire Pension Fund
* Leicestershire Pension Fund
* Nottinghamshire Pension Fund
* Shropshire Pension Fund
* Staffordshire Pension Fund
* West Midlands Pension Fund
* Worcestershire Pension Fund
The Company is committed to responsible investment and has made responsible investment a core part of the investment process in every asset class.
LGPS Central offers a friendly and diverse, hybrid working environment with a range of employee benefits. The Company moved to new premises at i9, Wolverhampton Interchange in January 2022, close to local transport links.
Our objective is to be a leading investment management company working with and for our Partner Funds. With a focus on value for money and performance we want to aspire to be one of the best because this is how we will deliver the superior investment returns and low costs for our Partner Funds.
Requirements:
* Able to communicate complex and highly technical matters in a way which is understandable and relevant.
* Strong reasoning and problem-solving skills, able to develop pragmatic solutions to complex problems.
* Good report-writing and verbal communication skills.
* Active participant in continuous professional development, with an up-to-date knowledge of relevant accounting, finance, investments, and pensions matters.
* Able to motivate and inspire junior members of the Finance team to develop themselves and perform to a high level.
* Able to build effective relationships at all levels of the company.
* Highly organised and able to work to deadlines and manage competing priorities under significant time pressures.
* Good interpersonal, communication and people management skills.
Qualifications
* Qualified CCAB/CIMA Accountant
What do we offer?
We are proud to provide our people with a premium and exclusive benefits package and we are continually improving the rewards we offer. Here are a few of the valuable rewards that you will enjoy:
* Competitive salary
* An enhanced and generous Pension Scheme
* 30 days' paid holiday plus bank holidays
* 2 days paid volunteering days
* An extra paid Company Day in addition to paid holidays
* Excellent Learning & Development Opportunities
* Welfare and Family friendly policies
* Enhanced pay for new parents
* Access to our Employee Assistance Programme 247 Health & Wellbeing Support
* Vitality Private Medical Insurance
* Hybrid Working
* Company Service Awards
* Cycle to Work Scheme
* Company Electric Vehicle Scheme
* Nominees of the Family Friendly Employer of the Year 2022 Personnel Today Awards 2022
* Winner of the Cultural Awareness Initiative of the Year FT Advisors Diversity in Finance Awards 2023
* Winner of Diversity and Inclusion Award LAPF In Investments Award 2023