Finance Officer

Finance Officer

Workington Full-Time 28800 - 43200 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support financial systems and ensure compliance while managing accounts and reporting.
  • Company: Join a forward-thinking UTC dedicated to education and community.
  • Benefits: Full-time role with opportunities for growth and development.
  • Why this job: Make a difference in education finance and gain valuable experience.
  • Qualifications: Basic accounting knowledge and a passion for finance.
  • Other info: Be part of a supportive team and contribute to a positive school culture.

The predicted salary is between 28800 - 43200 £ per year.

To provide accounting support to the Business Director, Head of School, CEO, and Trustees in maintaining the financial systems of the UTC. To organise effective administrative and financial systems required by the UTC, and ensure compliance with the requirements of the DfE and auditors.

DUTIES AND RESPONSIBILITIES

  • Bookkeeping and preparation of Trial Balance
  • Complete month end processes, including monthly/year end accruals and prepayments
  • Oversee the purchase and sales ledgers, preparing payment runs and issuing invoices
  • Perform necessary financial reconciliations
  • Prepare monthly VAT returns
  • Manage bank accounts and monitor and report on cash flow
  • Manage and reconcile all cash transactions and credit card spending
  • Monitor, report and where possible maximise, income streams into the UTC
  • Organise and maintain finance filing system archives as per regulatory requirements
  • Liaise with and assist Auditors for year-end external audit and periodic internal audits
  • Maintain the fixed asset register and calculate depreciation
  • Create and maintain non fixed asset and inventory system
  • Responsible for ensuring the Trip Spreadsheet is maintained and accurate
  • In conjunction with the Business Director, maintain and review a register of UTC supplier contracts
  • Deal with financial queries from suppliers, debtors and UTC staff
  • Provide ad-hoc financial reporting as required by the Business Director
  • Work alongside and support the Business & Finance Assistant
  • Support the overall function of the college office

Other Specific Duties

  • To understand the implications of the Freedom of Information Act and the Data Protection Act and other legislation to ensure confidentiality of records and information is maintained
  • Attend staff and other meetings and participate in staff training and development events as required
  • To actively engage in the performance review process
  • Perform any other appropriate duties as and when required
  • To adhere to the UTC’s policies and procedures with particular reference to Child Protection, Equal Opportunities and Health and Safety
  • Lead by example and set a professional tone for behaviour, both as a role model and by supporting the culture of mutual respect between students and colleagues
  • Understand the Safeguarding requirements of the UTC and ensure compliance with the policy
  • The person undertaking this role is expected to work within the policies, ethos and aims of the UTC, to carry out such other duties as may reasonably be assigned by the Head of School, and to play a full part in the life of the UTC supporting its distinctive mission and encouraging staff and students to do the same

Seniority level

  • Entry level

Employment type

  • Full-time

Industries

  • Education

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Finance Officer employer: Energy Coast UTC

As a Finance Officer at our UTC, you will be part of a supportive and collaborative work culture that prioritises professional development and employee growth. We offer comprehensive training opportunities and a commitment to maintaining a positive work environment, ensuring that you can thrive in your role while contributing to the educational mission of the institution. Located in a vibrant community, our UTC provides a unique chance to make a meaningful impact on students' lives while enjoying a fulfilling career in finance.
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Contact Detail:

Energy Coast UTC Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance Officer

✨Tip Number 1

Network like a pro! Reach out to people in the education and finance sectors. Attend events, join online forums, and connect with professionals on LinkedIn. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Prepare for interviews by researching the UTC and its financial practices. Understand their values and how they align with your skills. This will help you tailor your responses and show that you're genuinely interested in the role.

✨Tip Number 3

Practice common interview questions related to finance and accounting. Think about how your experience with bookkeeping, reconciliations, and compliance can benefit the UTC. Confidence is key, so rehearse your answers!

✨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 Finance Officer

Bookkeeping
Trial Balance Preparation
Month End Processes
Financial Reconciliation
VAT Returns Preparation
Cash Flow Management
Financial Reporting
Supplier Contract Management
Data Protection Compliance
Freedom of Information Act Understanding
Attention to Detail
Communication Skills
Problem-Solving Skills
Organisational Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Finance Officer role. Highlight relevant experience in bookkeeping, financial reporting, and compliance with regulations. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about finance and how you can contribute to our UTC. Keep it concise but engaging – we love a good story!

Showcase Your Attention to Detail: In finance, details matter! When filling out your application, double-check for any typos or errors. We appreciate candidates who take the time to ensure everything is spot on.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about us!

How to prepare for a job interview at Energy Coast UTC

✨Know Your Numbers

Brush up on your accounting knowledge, especially around bookkeeping and financial reconciliations. Be ready to discuss how you would handle month-end processes and VAT returns, as these are crucial for the role.

✨Showcase Your Organisational Skills

Prepare examples of how you've organised financial systems or maintained filing systems in the past. Highlight your ability to manage multiple tasks, like overseeing ledgers and preparing payment runs, to demonstrate your organisational prowess.

✨Understand Compliance Requirements

Familiarise yourself with the DfE requirements and the implications of the Freedom of Information Act and Data Protection Act. Being able to discuss how you would ensure compliance will show that you take these responsibilities seriously.

✨Be Ready for Financial Queries

Think about potential financial queries you might encounter from suppliers or staff. Prepare to discuss how you would approach resolving these issues, showcasing your problem-solving skills and customer service mindset.

Finance Officer
Energy Coast UTC
Location: Workington
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