PURPOSE OF JOB:
To assist Budget Holders to set and manage their budgets.
To assist Budget Holders to improve performance, efficiency and value for money of the services they manage.
To support Senior Financial Strategy Managers in the provision of financial advice, information and support.
To build resilience by providing support to: VAT officer, Treasury Manager, Schools Help desk, capital accountant, financial appraisals, etc.
To support the closure of accounts process.
To support Agresso and Mosaic financial administration.
Contribute to the delivery of services for area of responsibility. Assist, as appropriate, with:
•Providing an integrated approach to performance management, quality standards and service delivery
•Embedding new ways of thinking and working
•Developing and maintaining strong, positive working relationships with commissioners, their teams/partners and across service areas as appropriate
To provide day to day advice and guidance to the provider team(s) and/or work within own area of responsibility
Continuously look for synergies and efficiency savings across area of responsibility.
MAIN RESPONSIBILITIES, TASKS & DUTIES
The specific accountabilities of this role will be flexible and will change to meet the needs of the organisation as required but will include (or be equivalent in nature to) those listed below:
To assist in ensuring that there is effective strategic financial planning and financial management in relation to all revenue and capital budgets.
To assist in the coordination and delivery of financial planning for all revenue and capital budgets.
Providing financial support and advice in support of a specified area of the Council, including in relation to:
Identification and costing of budget pressures for future years, through liaising with Budget Holders, Senior Managers and the Head of Finance.
Advising Budget Holders and Senior Managers on the monitoring of budgets.
Overseeing the financial support arrangements and highlighting any weaknesses regarding maintenance of accounts.
Assessing the effectiveness of budget monitoring arrangements.
Reviewing and challenging Budget Holder outturn projections ensuring, in particular, that budgets are realistic, resources have been allocated promptly and outturn projections look reasonable in relation to spending to date.
Advising Budget Holders and Senior Managers on the overall financial position and key issues.
Assisting with the development of systems to help improve the accuracy of outturn projections, particularly for large, more volatile and high risk budgets.
Assisting with the provision of supplementary reports for high risk areas. Liaising with the Finance Managers, Heads of Finance and Serco re key concerns.
KNOWLEDGE AND SKILLS
•AAT membership as a minimum and significant relevant financial experience.
•Detailed knowledge and understanding of principles of financial management, accounting principles and practice.
•Detailed knowledge of Financial Strategy, financial regulations, financial procedures, schemes of authorisation and their rationale within the control framework
•Good Communication skills. Ability to communicate effectively with officers, external auditors and partners, including funding bodies and government departments and agencies, so as to secure their confidence and respect.
•Good ICT skills, including corporate finance systems (e.g. Agresso) and Financial Modelling and Excel.
•Good staff management skills to over see the work of other Senior Finance Technicians and Finance Technicians.