348383-1007-26293 1.11
Financial Reporting Manager
Sutton
Permanent
£60,393-£69,807 per annum
Our client is looking for an experienced Financial Reporting Manager
3 days remote, 2 days in the office
The role is hybrid with time split between working on site 2 days per week (or more) and working from home up to 3 days per week. The expectation is for the postholder to work in the Sutton office once per week and in the Kingston office once per week. The post currently has 2 direct reports.
This is one of a number of roles we are recruiting for please visit our website colbernlimited co uk
The Shared Finance Service ambition is to add value, inspire success and this role is part of the Shared Finance Service (SFS) collectively responsible for delivering SFS activities to realise this ambition. The role provides direct support to the Head of Financial Reporting & Control and may be required to deputise as required.
The post holder is required to support the Head of Financial Reporting & Control to
maintain the integrity of financial records and accounts for Kingston and Sutton. The post holder will take responsibility for leading and managing the annual closing process and in year financial reporting to senior officers. The post holder will also provide leadership to the systems and control functions. The post holder will work as part of the Senior Leadership Team of the service to provide inspirational leadership and drive cultural change to ensure the service reflects the INSPIRE values and achieves excellent outcomes.
Representative accountabilities
Apply professional judgement to interpret and apply policies and procedures to meet
specific local or service needs.
Provide day to day management and professional supervision to staff to ensure
operational plans and activities are delivered effectively.
Provide assurance that the Council’s operations are being conducted within defined
regulatory, statutory and professional standards.
Lead small projects and implement changes and improvements within agreed cost,
time and quality standards.
Where relevant manage service level budgets and resources in order to support the
delivery of intended outcomes and demonstrate value for money.
Budgetary accountabilities
Responsible for provision of support, advice and challenge on the accounting and
control of both Kingston and Sutton bank accounts and budgets
Responsible for supporting the Head of Financial Reporting & Control to maintain
the integrity of both Councils financial ledgers and financial reporting and
stewardship of Council finances
Responsible for the management of 1-10 FTE’s
Specific accountabilities
Leadership & Management
Take a proactive role in providing inspirational leadership to the finance team as
part of the Senior Leadership Tier of the shared finance service
Provide direct line management of 1-5 staff to deliver financial reporting activities
Support staff development through coaching and mentoring across the service,
helping to fulfil the Shared Finance Service ambition of growing our own talent
Play an active role in Council leadership networks and lead by example to embed
corporate values and beliefs
Functional Responsibilities
Lead the development of accountancy expertise within the Shared Finance Service
ensuring appropriate accounting knowledge and advice is provided to both
Council Support the Head of Financial Reporting & Control to provide consistently high
quality support, advice and challenge to the Assistant Directors (Finance) and the
s151 officers in all aspects of financial reportingSupport the Head of Financial Reporting & Control to manage and report corporate
financial health and in year budget monitoring updates, ensuring key issues are
communicated effectively to colleagues in the Kingston Financial Planning & Major
Projects Team and Sutton Financial Strategy to inform financial planning
Undertake detailed monitoring and forecasting of income from Council Tax and
Business Rates, delivering expert advice on the management and operation of the
Collection Funds
Work closely with the Strategic Finance Manager (RBK) and Strategic Finance
Business Partner (Corporate) (LBS) to provide expert advice on the budgetary
impact of the collection funds
Complete statutory returns related to the collection fund accounts and ensure year
end accounting is completed in line with statutory guidance
Lead on the management and control of the Councils balance sheet, grants,
reserves and corporate funding to protect the integrity of the accounts, to manage
financial risk, and to support the ADs Finance and the S151 officer in strategic
management of the Councils financial position
Develop and implement effective financial controls that ensure the accurate and
timely allocation of income, protect the Council against fraud and financial crime,
and provide assurance over both Council’s banking arrangemenSupport the Head of Financial Reporting & Control to commission and manage the
Councils banking contracts, tax advisory services, and financial subscription
services
Lead the annual closing processes and provide technical accounting expertise to
support the Head of Financial Reporting & Control to produce the statement of
accounts in line with statutory guidance and timescales
Develop effective working relationships with internal and external audit to enable
the delivery of external audit opinion on the accounts by the statutory deadline
Take responsibility for creating a centre of specialist expert knowledge of Local
Government accounting, reporting requirements and governance
Provide high quality professional advice on the financial accounting implications of
proposals and draft financial comments on Committee Reports to inform decision
making
Lead on the development of a SFS culture that encourages challenge and
empowers finance staff to challenge services to deliver more from their financial
resources by testing the status quo and seeking improved outcomes
Empower staff to fulfil their potential and create interesting & varied career paths
through effective apprenticeships and training schemes and supporting individuals
to gain relevant financial qualifications
Essential Knowledge and/or Experience
● CCAB (or equivalent) qualified
● Detailed knowledge & experience of closing the financial accounts for a large Local
Authority, including liaison with Internal and External Auditors.
● Experience of leading or contributing to the production of Local Authority statement
of accounts
● Knowledge and experience of financial reporting requirements for a Local Authority
● Experience of identifying and delivering service improvements or digital innovation
to reduce costs and achieve better outcomes
● Knowledge and understanding of financial control and governance processes that
provide strong stewardship of public monies
PLEASE VISIT OUR WEBSITE FOR MORE OPPORTUNITIES colbernlimited co uk
The first part of our recruitment process is to send your CV. Should you be short listed Colbern Limited will contact you within 5 days or we may contact you about other job opportunities. Colbern Limited along with our clients are an equal opportunities employer