Finance Support Manager - Compliance (London)

Finance Support Manager - Compliance (London)

London Full-Time 42000 - 46000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Lead a team to support students with funding applications and ensure compliance.
  • Company: Join a dynamic higher education institution focused on changing lives through education.
  • Benefits: Enjoy 25 days annual leave, flexible benefits, and a workplace pension scheme.
  • Other info: Inclusive workplace committed to diversity and personal development.
  • Why this job: Make a real difference in students' lives while developing your finance skills.
  • Qualifications: Experience in finance operations and strong leadership skills required.

The predicted salary is between 42000 - 46000 £ per year.

Department: Finance - Fees and Income

Location: the post holder can be based at any of our locations in London, Leeds, Birmingham, Manchester (On-Site)

Type of Contract: Permanent/ Full Time

Salary: £42,000-£46,000 per annum (DOE)

Our Vision: Changing Lives through Education

What We Do: The Fees and Income Team in higher education manages tuition fees, invoicing, and student payments, ensuring accurate income collection and supporting the institution’s financial sustainability.

The Role: The Finance Support Manager (Compliance) is responsible for ensuring the Finance Support team is equipped, trained, and competent to support students with all aspects of student funding applications. Providing a high-quality, progressive, equitable, and inclusive student experience is key in this role, and you will assist by supporting staff and students with the process. You will work closely with the Head of Fees & Income (HoF&I), and lead on advice to colleagues and students on regulatory and compliance-related decisions that impact on students’ eligibility and funding criteria.

What the Role Involves:

  • To effectively facilitate the daily operations of the Finance Support Teams across all campuses, ensuring that the team can achieve its objectives in terms of receiving and processing Student Finance applications, participating in enrolment and meeting student service levels and standards.
  • To ensure that all regulatory requirements of student funding, admission, eligibility and entitlement criteria are reviewed, updated and shared with relevant staff at GBS and ensure Finance Support staff are working to required regulations and are always trained and proficient in financial advice to current regulations.
  • To lead contact for the Student Loans Company (SLC), managing communications, escalations, and compliance.
  • To oversee all activity within the SiS Portal (HEP SLC Task Portal), including monitoring tasks, prioritising workload, ensuring timely completion, and maintaining data accuracy and service standards.
  • Support during enrolment activities to ensure Finance deliver and participate at every enrolment session and that staff and resources are effectively managed.
  • Research and review all legislation changes ensuring GBS remains compliant in all aspects of tuition fee loan administration and SLC regulations.
  • Key contact representing Financial Compliance to all student facing departments ensuring charging policies and compliance training is delivered to all areas, providing regular updates are circulating all relevant changes.
  • Monitor team performance and undertake regular quality checks on SLA’s ensuring targets are met.
  • Manage staff in accordance with GBS values, address any gaps in performance.
  • Monitor training and staff development ensuring colleagues remain up-to-date with all areas related to student finance and internal processes.
  • Work closely with the Finance Support Manager (Operations) to ensure staff are kept up to date with all regulatory requirements and deliver staff training.
  • Cover for Finance Support Manager (Operations) when required.
  • Recruit and train new staff and monitor performance and standards regularly.
  • Deputise for the HoF&I as and when required.

About You:

  • Demonstrable experience working in finance operations in HE and Accounts Receivable.
  • A high degree of computer literacy (particularly Microsoft Office applications).
  • Expert in MS Excel and pivot tables.
  • The ability to use statistics and database management.
  • Effective time management and planning.
  • Ability to work independently and as part of a team.
  • Previous leadership/supervisor role and experience.
  • Excellent written and verbal communication skills.
  • Strong decision making and problem-solving skills.

DESIRABLE SKILLS and EXPERIENCE:

  • Degree level qualification.

What we offer:

  • 25 days annual leave, plus 8 public holidays.
  • 1-day extra leave per year of service, up to a maximum of 5 days.
  • Workplace pension scheme.
  • Tuition reimbursement for career development courses.
  • Flexible Benefits: Cycle to Work, Workplace Nursery, Techscheme and much more.
  • Perks@Work discounts platform, wellbeing centre and much more.
  • Reward and recognition programme.
  • £500 award employee referral scheme.
  • Discretionary annual performance bonus.

GBS is committed to equality, diversity and inclusion and providing a workplace free from discrimination or harassment. We welcome applications from all backgrounds and communities. We take our core values seriously and work hard to create an environment where everyone feels welcomed.

Finance Support Manager - Compliance (London) employer: GBS UK

As a Finance Support Manager at GBS, you will join a dynamic team dedicated to changing lives through education in a supportive and inclusive environment. With competitive salaries, generous annual leave, and a commitment to employee development through tuition reimbursement and flexible benefits, GBS fosters a culture of growth and recognition. Located in vibrant cities like London, Leeds, Birmingham, and Manchester, this role offers the unique opportunity to make a meaningful impact on students' financial journeys while enjoying a balanced work-life experience.

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Contact Details:

GBS UK Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Finance Support Manager - Compliance (London)

Tip Number 1

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

Tip Number 2

Prepare for interviews by researching the company and its values. Understand their approach to compliance and student support, so you can show how you align with their mission of changing lives through education.

Tip Number 3

Practice your responses to common interview questions, especially around leadership and problem-solving. Use the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your experience effectively.

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 are proactive about their job search!

We think you need these skills to ace Finance Support Manager - Compliance (London)

Finance Operations
Accounts Receivable
Regulatory Compliance
Student Funding Applications
Data Accuracy
Microsoft Office Applications
MS Excel

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the Finance Support Manager role. Highlight your experience in finance operations and compliance, and show us how your skills align with our mission of providing a high-quality student experience.

Showcase Your Skills:We want to see your expertise in MS Excel and database management! Include specific examples of how you've used these skills in previous roles, especially in relation to financial compliance and operations.

Be Clear and Concise:When writing your application, keep it straightforward and to the point. Use clear language to describe your achievements and experiences, making it easy for us to see why you’d be a great fit for the team.

Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to hear from you!

How to prepare for a job interview at GBS UK

Know Your Numbers

As a Finance Support Manager, you'll need to demonstrate your expertise in finance operations. Brush up on key financial concepts and be ready to discuss your experience with tuition fees, invoicing, and compliance regulations. Show them you can handle the numbers!

Showcase Your Leadership Skills

This role involves managing a team, so be prepared to share examples of your previous leadership experiences. Talk about how you've trained staff, addressed performance gaps, and ensured compliance within your team. They want to see that you can lead effectively.

Be Ready for Scenario Questions

Expect questions that assess your problem-solving skills and decision-making abilities. Prepare for scenarios related to student funding applications or compliance issues. Think through how you would handle these situations and articulate your thought process clearly.

Communicate Clearly and Confidently

Excellent communication is key in this role. Practice articulating your thoughts clearly, both verbally and in writing. Be ready to explain complex financial concepts in a way that's easy to understand, as you'll be liaising with students and staff alike.