Purpose of Role
Reporting to a Finance Business Partner, the purpose of this role is to assist the Business Partner in all aspects of management accounting: providing financial support and challenge to Professional Services areas.
Key Duties and Responsibilities
1. Assist in the formation ofaccuratebudgets and financial plans, building in partnership with the business unit from the bottom-up. Ensure the plans adhere to the overall University guidelines and efficiently and timely feed into the overall financial planning process for the University.
2. Review the financials plans each quarter and working with the business area assist in re-forecasting income and cost profiles as required.
3. Assist in the preparation and production of timely management accounts, ensuring efficient processes are in place to allow effective consolidation into the overall production of the University’s monthly financial reporting processes. The reporting will encompass income and expenditure and associated reconciliations.
4. Assist in the analysis of the management accounts and provide high quality value-add commentary providing business insights, performance against plan, understanding the key financial risks and opportunities for the specific business area.
5. Assist in the production and interpretation of a wide variety of regular and ad-hoc financial data and analysis, including financial KPIs for the specific business area. This data / analysis is utilised for a number of internal and external purposes including KPI’s for the University Court and external financial reporting.
6. Provide day to day support and expertise to the institution’s Senior Officers, Directors and Managers for the specific business area.
7. Play a role in supporting improvements to the efficiency and effectiveness of the management accounting processes and controls. This includes effective KPI reporting, process mapping and responsibility definition.
8. The role-holder will also be expected to support changes to and embed processes that support the new ERP system.
9. The role-holder will be expected to manage key stakeholders and have frequent interaction with colleagues at all levels, including:
10. Business Partners and Assistant Business Partners
11. Professional Service Department Heads / Managers
12. Finance and Procurement colleagues
Education, Qualifications & Experience:
These are the criteria on which the short-listing and recruitment selection will be made
Essential
13. Progressing towards an accountancy qualification e.g. CA, ACA, CPFA, CIMA, ACCA;
14. Educated to first degree level.
15. Experience of working within a similar environment as outlined above
16. Competent in the use of relevant IT packages
17. Good knowledge and understanding of relevant legal, statutory and governance applications and turning them into good practice
18. Excellent interpersonal, influencing and presentation skills, able to understand and communicate complex issues effectively
19. Demonstrable ability to work quickly, flexibly and accurately in a dynamic, changing and pressured environment
20. Experience of working closely with stakeholders across all levels of the organisation
21. Ability to research, analyse and present complex information effectively with good attention to detail
22. High level organisational skills with the ability to prioritise major developments and to function effectively in a pressured environment
23. Demonstrable professional and proactive approach
24. Ability to work effectively both independently and as part of a team.
This job description is intended as a flexible framework which outlines the key general areas of activity in your position. Other activities may be required which are not outlined above but which are appropriate to the position and grade. Your personal objectives (Forward Job Plan) will also set out specific tasks and objectives for you to achieve, including objectives to help your career development.