At a Glance
- Tasks: Manage finance team, oversee budgets, and provide financial advice to improve service performance.
- Company: Join a dynamic City Council committed to enhancing community services through effective financial management.
- Benefits: Enjoy flexible working options, professional development opportunities, and a supportive team culture.
- Why this job: Make a real impact on local services while developing your finance skills in a collaborative environment.
- Qualifications: Must have a recognised accounting qualification or relevant experience; strong analytical skills are essential.
- Other info: Promote equal opportunities and non-discriminatory practices in all aspects of work.
The predicted salary is between 43200 - 72000 £ per year.
Role Purpose
To contribute to the achievement of corporate objectives and those of the Portfolio. To ensure the provision of appropriate financial advice to Directors and Service Managers. To facilitate the overall improvement in the management and performance of the financial administration of the City Council, with regard to the financial and operational management of services.
Responsibilities
- Be responsible to the Group Finance Manager for assisting in the management of the finance team, with specific responsibility for the allocation of work, monitoring of workloads, performance and attendance in order to ensure the effective and efficient delivery of financial management and support to all service areas.
- Work closely with business unit and service managers to ensure the operational efficiency and effectiveness of the service and effective implementation of procedures and instructions.
- Assist in the annual preparation of the revenue and capital budgets for the services within the Portfolio and to ensure that the corporate financial system is updated and maintained to reflect approved decisions.
- Assist in the annual closure of accounts process ensuring compliance with all current statutory and professional accounting codes and financial reporting requirements, including the preparation of complete, up to date, and accurate final accounts working papers, provision of appropriate evidence to auditors in support of accounting entries and actions taken.
- Complete all financial returns and grant claims with supporting working papers promptly, accurately and completely within deadlines set by funding bodies and for audit.
- Be responsible for the provision of regular, cyclical and ad-hoc budgetary control information and advice to budget holders and managers at all levels, within agreed timescales and ensuring the needs and requirements of budget holders are met.
- Provide intelligent analysis of financial information to cost centre managers to assist in the financial management of services within the Portfolio.
- Be responsible for the implementation of the City Council's personnel policies and procedures for the Finance Team.
- Undertake such other duties that are commensurate with the grade of the post.
- Develop the City Council’s commitment to equal opportunities and to promote non-discriminatory practices in all aspects of work undertaken.
Requirements
- A recognised professional accounting qualification (CCAB or equivalent) or suitable qualifying experience.
- Evidence of continuing professional development.
- Knowledge of financial software packages, enquiry packages and corporate accounting systems.
- Experience of carrying out data analysis and cost comparisons.
- Experience of preparing government financial returns and grant claims.
- Experience of providing budgetary control and unit cost information.
- Experience of and the ability to prepare budgets and final accounts within a framework of recognised accounting standards.
- Experience of working accurately with procedures and deadlines in a financial environment and providing advice on those procedures.
Finance Manager (Capital) employer: Vox Network Consultants
Contact Detail:
Vox Network Consultants Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager (Capital)
✨Tip Number 1
Network with professionals in the finance sector, especially those who have experience in local government finance. Attend industry events or webinars to connect with potential colleagues and learn more about the specific challenges they face.
✨Tip Number 2
Familiarise yourself with the financial software and corporate accounting systems commonly used in local councils. If possible, take online courses or tutorials to enhance your skills in these areas, as this will make you a more attractive candidate.
✨Tip Number 3
Stay updated on the latest changes in financial regulations and reporting requirements that affect local councils. This knowledge will not only help you in interviews but also demonstrate your commitment to professional development.
✨Tip Number 4
Prepare to discuss specific examples of how you've successfully managed budgets and provided financial advice in previous roles. Highlight your analytical skills and ability to work under pressure, as these are crucial for the Finance Manager position.
We think you need these skills to ace Finance Manager (Capital)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Finance Manager role. Focus on your accounting qualifications, financial software knowledge, and any experience in budget preparation and financial reporting.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the responsibilities outlined in the job description. Mention how your previous roles have prepared you to assist in managing finance teams and improving financial administration.
Showcase Relevant Experience: In your application, provide specific examples of your experience with financial analysis, preparing government financial returns, and providing budgetary control information. Use metrics where possible to demonstrate your impact.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a finance role.
How to prepare for a job interview at Vox Network Consultants
✨Showcase Your Financial Expertise
Make sure to highlight your professional accounting qualifications and relevant experience during the interview. Be prepared to discuss specific financial software packages you’ve used and how they have contributed to your success in previous roles.
✨Demonstrate Analytical Skills
Since the role involves intelligent analysis of financial information, come ready with examples of how you've conducted data analysis and cost comparisons in past positions. This will show your ability to provide valuable insights to budget holders.
✨Prepare for Budget Discussions
Expect questions about your experience with budget preparation and management. Be ready to discuss how you’ve assisted in the annual preparation of revenue and capital budgets, and share any challenges you faced and how you overcame them.
✨Understand Compliance Requirements
Familiarise yourself with current statutory and professional accounting codes, as well as financial reporting requirements. Be prepared to explain how you ensure compliance during the closure of accounts and when preparing financial returns.