1. Head of Financial Control - ACCA or CIMA qualified
2. Working within the Higher Education sector
About Our Client
A welcoming, student-focused Higher Education institution in West Sussex are looking to recruit a Head of Financial Control candidate on a permanent basis.
Job Description
The post holder will have responsibility for Financial Accounts, Payroll / Pensions and Finance Systems, in the provision of financial services, information and guidance throughout the organisation. The role covers business critical areas of statutory compliance, treasury management, cashflow, covenant reporting, financial accounting, financial controls, tax, financial due dilligence checks, payroll and pensions.The post holder is responsible for the administration of the finance software system including coding structure, reporting, development, testing and documentation.The post holder will need to build strong relationships with key stakeholders (internally and externally), providing in-depth analysis and accurate forecasting and reporting, communicating financial information clearly and in a timely manner.The post holder is expected to deputise for the CFO as required, including representation meetings and formal committees.* Responsible for the preparation and completion of the annual statutory accounts and financial statements, (co-ordinating the timetable and activities to deliver accurate and timely information. Work with auditors to ensure current legislation and accounting standards are adhered to, resolve issues in a timely and effective manner, and ensure a clean and efficient external audit* Lead and coordinate regulatory and statistical returns, including, but not limited to, the Office for Students ONS, NCTL and grant claim forms. Ensure returns are completed accurately and within required deadlines* Participate in organisations strategic initiatives providing financial due dilligence accompanied by financial advice, tax advice and identifying and reporting any risks.* Responsible for the organisations treasury management, cashflow, and balance sheet reporting and forecasting. Ensuring the organisations operates within its policies and meets its financial obligations.* Responsible for day-to-day operational banking arrangements, online bank facilities, bank loan and RCF facilities and covenant compliance. Ensuring all bank compliance documentation is reviewed and submitted in accordance with agreement deadlines.* Responsible for all taxation matters, predominantly VAT, and Corporation Tax, ensuring matters relating to statutory bodies are dealt with effectively and in accordance with statutory requirements. To lead negotiations and discussions with HMRC and advisors on VAT and tax related matters.* Develop, maintain and implement effective financial controls and policies adhering to legislation and regulatory requirements and proactively explore the use of AI and digital technology to support decision making, continuous improvement and process development.* Manage and develop the organisations financial and payroll software and systems in relation to statutory and financial accounts, statutory and regulatory returns and financial controls. Review and authorise payment releases.* Responsible for the co-ordination and delivery of information for internal audits pertaining to their area, resolving issues in a timely and effective manner and implementing recommendations as required.* Responsible for the leadership, management and development of staff (team of 5) reporting into this role, including recruitment, training and performance management.
The Successful Applicant
A successful Head of Financial Control should have:
3. Professional Accounting qualification (ACCA, CIMA) and a minimum of 3-years' experience in a similar role.
4. Significant, relevant vocational experience, demonstrating clear professional development through a series of progressively more demanding roles, and the acquisition of appropriate professional or specialist knowledge.
5. Proven knowledge of current Financial Accounting standards.
6. Proven knowledge of financial processes and procedures.
7. Experience and knowledge of the Higher Education financial environment.
8. Experience of working with Unit 4 ERP (Agresso)
9. Understanding of relevant Pension Schemes.
10. Ability to apply financial reporting standards knowledge.
11. Ability to inspire, motivate, and lead financial staff.
What's on Offer
12. Competitive salary ranging from £58,000 to £67,000.
13. 28 days holiday
14. Hybrid working
15. Very generous DB pension scheme
16. Free lunches
17. Free parking
18. Career progression