Assistant Director of Finance in London
Assistant Director of Finance

Assistant Director of Finance in London

London Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead financial strategy and ensure effective financial management across the Council.
  • Company: Join a dynamic local government team committed to community service.
  • Benefits: Competitive salary, professional development, and a supportive work environment.
  • Why this job: Make a real difference in your community through strategic financial leadership.
  • Qualifications: Degree level education and significant experience in strategic financial management.
  • Other info: Flexible working options and a commitment to equality and inclusion.

The predicted salary is between 48000 - 72000 £ per year.

About the job

Purpose of Job: Support the Executive Director of Strategy & Resources in ensuring high quality financial administration and stewardship throughout the Council. As a member of the Finance Leadership Team, work with the S151 officer, wider leadership team, CMT, Members and senior officers to develop the vision and values for us and to be responsible for the delivery of that vision through sound financial management in the Council.

The responsibilities listed in this Job Description reflect the joint accountabilities of the Finance Leadership Team and will be shared between this post and that of the other Assistant Director Finance.

Generic accountabilities:
  • Lead in the development and implementation of the Council's financial strategy, fundamentally ensuring sustainability over the medium term.
  • Direct and lead a portfolio of services, ensuring the development of strategies, policies, targets and objectives that deliver Barnet's strategic, operational and financial requirements and meet all necessary regulatory and legislative requirements (including any assigned regulatory designations).
  • The ongoing development and co-ordination of the corporate financial framework, including the medium term financial strategy, to enable the Council to prioritise and utilise its financial resources to the greatest effect and ensure activity and process comply with professional standards, Government regulations and legislation.
  • Actively contribute to the formulation and implementation of the Council's strategies and objectives as a member of Barnet's leadership team.
  • Work with Council Members, strategic directors, partner organisations and stakeholders to identify and address issues impacting on Council Services, residents and service users.
  • Lead the organisation in producing the statement of accounts and gaining an unmodified audit opinion.
  • Ensure the capability to change is enhanced and innovation is encouraged including in the design of service delivery through partnership and other relationships internally and externally.
  • The delivery of a responsive service to provide financial advice and guidance to management teams and budget managers across the Council.
  • Ensuring an effective Audit and Risk Management function, including internal controls, that ensures robust controls are in place to protect the Council's resources.
Role Specific:
  • Lead the Council's Budget Setting process in order to deliver accurate and timely intelligence to Members and Chief Officers.
  • The delivery of robust and efficient financial systems, processes and policies in place supported by effective training and the provision of guidance to budget managers and system users.
  • Closure of accounts and securing unmodified audit opinion.
  • To support the Executive Director of Strategy & Resources in the discharge of the statutory responsibilities under Section 151 of the Local Government Act and Section 114 of the Local Government Finance Act relating to the administration of the financial affairs of the Authority.
  • The delivery of an efficient and effective accountancy and treasury management services that enable financial resources to be accurately recorded, monitored, and controlled whilst maximising the benefits of reserves and ensuring the Council's cash flow is sufficient to meet all payments due.
  • To ensure the delivery of the Statement of Accounts for the Council, Pension Fund, and any other entities within the required timescales without material error or misstatement.
  • To monitor the Council's compliance with relevant legislation, statutory duties and Council policies and regulations.
  • For services he or she is responsible for, to forecast income and expenditure.
  • Liaise with internal and external audit to commission and respond to audit reviews and ensure that the action plans are implemented within agreed deadlines.
  • Ensure value for money is achieved across the Council. Take ownership of and provide mitigating actions for any risks for the service.
Strategy and Policy Development:
  • Lead in the development and implementation of the Council's financial strategy, fundamentally ensuring sustainability over the medium term.
  • To work with Members and the Council Management Team to define the organisation's strategic plans and support their implementation through the strategic deployment of the Council's resources.
  • To interpret, respond to and shape policy guidelines for the Finance service.
  • To lead on the development of service plans and improvement plans for the area of responsibility ensuring they are conducive with the strategic direction of the authority.
Performance and Customer Focus:
  • To ensure that outstanding customer service is being delivered on a day-to-day basis for all services within the remit of the role including any outsourced elements.
  • Be responsible for self-assessing against key lines of enquiry in external financial inspection regimes and developing and monitoring improvement plans.
Leadership and Management:
  • To provide strong, visible leadership and professional oversight for finance functions across the organisation. Ensure a high-quality finance service, working within professional guidelines and standards.
  • Conduct consultation and engagement sessions with senior officers, members, and the public as relevant to policy developments.
Health and Safety Responsibilities:
  • Take responsibility for Health & Safety in the workplace, identifying, acting upon and where appropriate escalating any risks.
Promotion of Corporate Values:
  • To ensure that customer care is maintained to the agreed standards according to the council's values. To ensure that a high level of confidentiality is maintained in all aspects of work.
Our values:
  • Caring / Learning to Improve / Inclusive / Collaboration
Flexibility:
  • In order to deliver the service effectively, a degree of flexibility is needed and the post-holder may be required to perform work not specifically referred to above. Such duties, however, will fall within the scope of the post, at the appropriate grade.
The Council's Commitment to Equality:
  • To deliver the council's commitment to equality of opportunity in the provision of services. All staff are expected to promote equality in the workplace and in the services the council delivers.
PERSON SPECIFICATION:
  • Professional Membership/Qualification: Full member of CCAB body (preferably CIPFA) with significant post qualification experience. Educated to degree level or equivalent. Recognised management qualification.
  • Experience & Knowledge: Significant senior strategic management experience, including translating organisational drivers into strategic objectives, longer term plans, new ways of working and specific outcomes, for a portfolio of services in a large public sector organisation (preferably local government). Extensive knowledge of the major issues facing local government. Extensive and comprehensive knowledge and understanding of the national policy context, requirements, and future direction for relevant service areas. Proven track record of accountability for significant budgets and ensuring the delivery of services within agreed resources. Significant experience of creating, leading, and sustaining partnerships both internally and externally to achieve shared objectives and synergies. Experience in persuading a wide range of stakeholders to work together, encouraging an organisational focus on the needs of the community. Proven track record of operating strategically to identify, initiate and oversee corporate projects and policy development.

Assistant Director of Finance in London employer: 5 Star Recruitment

As an Assistant Director of Finance at our Council, you will be part of a dynamic leadership team dedicated to delivering high-quality financial stewardship and strategic vision for the community. We pride ourselves on fostering a collaborative work culture that values inclusivity and continuous improvement, offering ample opportunities for professional growth and development. Located in Barnet, you will enjoy a supportive environment that encourages innovation and ensures your contributions make a meaningful impact on local services and residents.
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Contact Detail:

5 Star Recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Assistant Director of Finance in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance sector, especially those who have experience in local government. A friendly chat can lead to insider info about job openings or even a referral.

✨Tip Number 2

Prepare for interviews by researching the Council's financial strategies and recent initiatives. Show us that you’re not just another candidate; demonstrate your understanding of their goals and how you can contribute to achieving them.

✨Tip Number 3

Practice your pitch! Be ready to explain how your experience aligns with the role of Assistant Director of Finance. Highlight your strategic management skills and how you've successfully led financial projects in the past.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.

We think you need these skills to ace Assistant Director of Finance in London

Financial Administration
Strategic Financial Management
Budget Setting
Audit and Risk Management
Regulatory Compliance
Stakeholder Engagement
Performance Management
Policy Development
Leadership
Communication Skills
Data Analysis
Problem-Solving Skills
Project Management
Training and Development

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your application to reflect the specific requirements of the Assistant Director of Finance role. Highlight your relevant experience and how it aligns with the responsibilities outlined in the job description.

Showcase Your Leadership Skills: As this role involves leading financial strategies and teams, be sure to emphasise your leadership experience. Share examples of how you've successfully managed teams or projects in the past, especially in a public sector context.

Be Clear and Concise: When writing your application, clarity is key! Use straightforward language and get straight to the point. Avoid jargon unless it's necessary, and make sure your key achievements stand out.

Apply Through Our Website: We encourage you to submit your application through our website for the best chance of being noticed. It’s the easiest way for us to keep track of your application and ensure it gets to the right people!

How to prepare for a job interview at 5 Star Recruitment

✨Know Your Financial Stuff

Make sure you brush up on the latest financial regulations and local government policies. Being able to discuss how these impact the Council's financial strategy will show that you're not just knowledgeable but also genuinely interested in the role.

✨Showcase Your Leadership Skills

Prepare examples of how you've led teams or projects in the past, especially in a public sector context. Highlight your ability to collaborate with various stakeholders and how you’ve successfully driven change or innovation in financial management.

✨Understand the Council's Vision

Familiarise yourself with the Council's strategic objectives and values. Be ready to discuss how your experience aligns with their goals and how you can contribute to achieving them through sound financial management.

✨Prepare for Scenario Questions

Think about potential challenges the Council might face in financial administration and be prepared to discuss how you would address them. This could include budget setting, compliance issues, or stakeholder engagement—showing your problem-solving skills will impress the interviewers.

Assistant Director of Finance in London
5 Star Recruitment
Location: London
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