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Finance Director

Employer
Lilium Direct Ltd
Location
UK
Salary
Competitive
Closing date
25 May 2022

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Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
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We have an exciting opportunity for a Director of Finance and Operations, to join our team here at Hallfield School.

Job title: Finance Director /Director of Finance and Operations.

Location: Hallfield School, 48 Church Road, Edgbaston, Birmingham, B15 3SJ

Salary: £65,000 - £85,000 per year + Exceptional Benefits (Listed below)

About us:

Hallfield School is a thriving coeducational day prep school in Edgbaston, Birmingham. Founded in 1879, it is the only prep school in Birmingham educating children from 3 months to 13 years. With an excellent academic reputation and an ever-broadening co-curricular programme it has grown its pupil roll and improved financial strength in recent years and now has 590 pupils and 125 staff, making it one of the leading and largest prep schools in the Midlands.

Hallfield has evolved continuously and adapted nimbly over its first 140 years. Founded as Edgbaston Preparatory School as an all-boys prep school with boarding, it first opened a pre-prep and then became coeducational 27 years ago. Ten years ago, it opened Hallfield first (an on-site nursery) for children aged from 3 months, and two years ago the school re-introduced Year 7 and 8 pupils to extend its prep provision to age 13, as Hallfield seniors.

In the past year, 92% of children were successful in gaining places at the highly selective King Edward VI Foundation Grammar and other local grammar schools. The school's ethos: "Happy, Secure and Purposeful" reinforces the emphasis of academic progress and success within a framework of a happy community and a secure educational environment. The school nurtures a strong "hidden curriculum" - not measured by league tables - where courtesy, manners, self-discipline and respect are valued and reinforced. Happy children are successful children.

The school has undergone considerable transformation during the past four years since the current Headmaster, Keith Morrow, joined the school leading "Hallfield Futures" (the school's current five-year strategic vision) into fruition, despite the challenges of COVID. This is an exciting time to be joining this successful school, with excellent facilities already in place but ambitious future to invest in developing the site further in STEM and a performance arts centre.

Job Description

Hallfield now seeks to appoint a new Director of Finance & Operations (DFO) to join the Executive Team and support the headmaster (Keith Morrow) and the Governors as they work to further develop the school and deliver some exciting and ambitious plans for the future. The new DFO is expected to bring strategic thinking and a highly commercial approach to this role. It is also important that the new DFO is a committed team contributor who will bring ideas and energy across all areas of the school and its community as a key member of a collaborative Executive Team and

help where required, which may mean offering proactive help at a variety of school events, including some evenings.

In addition to planning annual and longer term financial performance, modelling future capital expenditure and managing the commercial relationship with the schools outsourced catering and transport contract partners, the DFO will be responsible for the efficient and effective management of the school's finance function and other support services (eg Procurement, IT, Legal, Compliance and Company Secretarial). This is a broad and evolving role where variety will be the norm, and where full participation in Executive Team meetings enables the successful candidate to contribute to all aspects of the wider school strategy and development of the school.

Role summary:

The Director of Finance & Operations is responsible for the effective day-to-day management of all business aspects of the school and for making a leading contribution to the school's strategic plans, as a key member of the Executive Team.

As an experienced (probably qualified) manager, who can operate confidently as a commercially minded member of the Executive Team, you will be responsible for all financial planning and forecasting, providing accurate and up-to-date budget information and advising the Headmaster and Governing Body on the affordability of the school's strategy.

The Opportunity

In addition to managing the Bursary Team, the Director of Finance &Operations will also be responsible for the commercial letting of the school, generation of non-fee income, outsourced services (including all catering services and music tuition).

The Director of Finance & Operations is responsible for the school's IT infrastructure to ensure it meets both the operational and educational needs of the school. The scope of this role requires the ability to demonstrate a strong understanding of the educational priorities and operation of the school in its entirety.

Experience in successfully managing outsourced services and overseeing the IT function in a previous role would be advantageous.

Responsibilities will include:
  • As a key member of the school's Executive Team, you will contribute to developing and implementing the school's vision and strategy, with accountability for commercial and operational performance.
  • Prepare and maintain 5 year and long-term financial plans.
  • In agreement with the Headmaster, and the Head of Estates & Facilities, determine priorities for property development.
  • Understand the relevant Political, Economic, Social and Technological developments and prepare PEST analysis.
  • Analyse the internal Strengths and Weaknesses, external Opportunities and Threats, and determine a strategic plan to maximise future competitive advantage.

Finance and Accounting:
Prepare the annual budget of income and expenditure recommending the scale of fees to be charged.Monitor the income and expenditure in relation to the budget, overseeing the preparation of termly management accounts.Provide the Headmaster with monthly financial information.Manage the preparation of school fees accounts and collection fees.Manage the monthly payroll and pension contributions.
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