At a Glance
- Tasks: Lead financial management for the Council and ensure compliance with statutory duties.
- Company: Local Council dedicated to serving the community and delivering quality services.
- Benefits: Competitive salary, professional development, and a chance to make a real difference.
- Other info: Join a supportive team with opportunities for growth and impact.
- Why this job: Shape the financial future of your community while developing your career in finance.
- Qualifications: Experience in financial management and strong analytical skills required.
The predicted salary is between 44075 - 47181 £ per year.
Responsible to: Town Clerk
Salary: Salary Band 5(i) Scale Points 33 to 36 (£44,075 - £47,181 per annum)
Job Purpose: Act as the statutory Responsible Financial Officer (RFO) and be responsible for the overall financial management of the Council, helping it to meet its statutory financial responsibilities, deliver value for money to local council taxpayers and provide a financial support service to members, officers and front-line services.
Main Duties and Responsibilities:
- Ensure that the Council delivers its statutory financial duties.
- Lead a professional and innovative finance function which supports the achievement of the Council's strategic corporate objectives and priorities and the delivery of quality cost-effective services.
- Maintain and develop the Council's Financial Regulations, Standing Orders for Contracts and Procurement, and all supporting financial policies.
- Maintain an up-to-date knowledge of developments in local government finance and town and parish council accounting, audit and governance arrangements.
- Proactively respond to the financial implications of new legislation affecting the Council and advise Members and officers accordingly.
- Support the strategic management and development of the Council.
- Report to the Town Clerk as part of the corporate management team.
- Jointly deputise, with the Corporate and Policy Officer, for the Town Clerk in his absence.
- Provide financial advice and training to Members and officers as required.
Financial Management:
- In co-operation with the Town Clerk, develop and undertake the annual update of the Council's Medium-Term Financial Plan to support strategic financial planning, the delivery of services and achievement of the Council's strategic aims and objectives.
- Prepare the Council's annual Revenue and Capital Budget and submit the Council's annual Precept request to Durham County Council.
- Report on the Council's financial performance.
- Undertake regular budget monitoring and provide budgetary control information and reports to Members and Officers.
- Review the budget monitoring and control process on a periodic basis.
- Maintain and develop the Council's accounting systems, internal controls and financial records.
- Prepare the Council's Annual Governance and Accountability Return incorporating the year-end accounts and Annual Governance Statement in accordance with statutory requirements, and the proper practices as set out in the Smaller Authorities Proper Practices Panel Practitioners Guide to Governance and Accountability for smaller authorities in England.
Risk Management and Insurance:
- Support the Corporate and Policy Officer in developing and maintaining effective financial risk management arrangements, and to advise the Council on current and future risks and liabilities.
- Manage the Council's insurance arrangements and ensure adequate insurance cover to mitigate any identified risks.
Internal and External Audit:
- Ensure that the Council has in place an effective system of internal audit.
- In conjunction with the Internal Auditor, continue to develop the Council's Internal Audit Code of Practice in accordance with Public Sector Audit Standards.
- Liaise with external auditors in relation to the audit of the Annual Governance and Accountability Return.
Treasury Management:
- Maintain the Council's Treasury Management Code of Practice in accordance with CIPFA's Code of Practice on Treasury Management.
- Ensure that the management of the Council's cash flow, borrowing and investments are effective.
- Manage the Council's banking arrangements.
Accounts Payable and Receivable:
- Manage an effective accounts payable function and ensure that all payments due to be made by the Council are made accurately and promptly.
- Manage an effective accounts receivable function and ensure that all income is accurately collected and banked regularly and that all monies due to the Council are billed correctly and collected promptly.
Payroll and Personnel Support:
- Manage an efficient and effective payroll and assist the Corporate and Policy Officer and Corporate Assistant in maintaining an effective personnel support service.
Information Technology:
- Support the Corporate and Policy Officer in the development and maintenance of the Council's Information Technology Strategy.
General:
- Support the development and management of human resources strategies and policies to ensure best practice.
- Attend meetings of the Council, its committees and sub-committees as required.
- Take reasonable care of your own health and safety and co-operate with the Town Clerk and other managers, so far as is necessary, to enable compliance with the Council's health and safety rules and legislative requirements.
- Undertake such personal training as may be deemed necessary to meet the duties and responsibilities of the post.
- Undertake such other duties and responsibilities as directed by the Town Clerk in line with the nature and grade of the post.
Finance Manager in Newton Aycliffe employer: Great Aycliffe Town Council
As a Finance Manager with the Council, you will be part of a dedicated team committed to delivering quality services to the community while ensuring financial integrity and transparency. The Council fosters a supportive work culture that values professional development, offering opportunities for training and growth in local government finance. Located in a vibrant community, this role not only provides competitive remuneration but also the chance to make a meaningful impact on local governance and public service.
Contact Details:
Great Aycliffe Town Council Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Finance Manager in Newton Aycliffe
✨Tip Number 1
Network like a pro! Get out there and connect with people in the finance sector. Attend local council meetings, finance workshops, or community events. You never know who might have a lead on that perfect Finance Manager role!
✨Tip Number 2
Show off your skills! Prepare a portfolio showcasing your financial management achievements, like budgets you've developed or audits you've overseen. Bring it along to interviews to demonstrate your expertise and make a lasting impression.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family, focusing on common finance manager questions. This will help you articulate your experience and how you can support the council's strategic objectives.
✨Tip Number 4
Don't forget to apply through our website! We’ve got loads of resources to help you land that Finance Manager job. Plus, applying directly shows your enthusiasm and commitment to joining our team!
We think you need these skills to ace Finance Manager in Newton Aycliffe
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your application to highlight how your skills and experiences align with the Finance Manager role. We want to see how you can help us meet our financial responsibilities and support our strategic objectives.
Showcase Your Financial Knowledge:Demonstrate your understanding of local government finance and accounting practices in your application. We’re looking for someone who can keep up with developments in the field and provide valuable insights to our team.
Be Clear and Concise:When writing your application, keep it straightforward and to the point. We appreciate clarity, so make sure your key achievements and qualifications stand out without unnecessary fluff.
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 Finance Manager position. We can’t wait to hear from you!
How to prepare for a job interview at Great Aycliffe Town Council
✨Know Your Financial Stuff
Make sure you brush up on local government finance and accounting practices. Familiarise yourself with the Council's financial regulations and any recent legislation that could impact their operations. This will show that you're not just a numbers person, but also someone who understands the broader context of the role.
✨Demonstrate Leadership Skills
As a Finance Manager, you'll need to lead a team and support strategic objectives. Prepare examples of how you've successfully led finance functions in the past, focusing on innovation and efficiency. Be ready to discuss how you can help the Council achieve its goals while delivering value for money.
✨Prepare for Scenario Questions
Expect questions about how you'd handle specific financial challenges or scenarios. Think about potential risks the Council might face and how you would manage them. Practising your responses to these types of questions can help you articulate your thought process clearly during the interview.
✨Show Your Communication Skills
You'll be providing financial advice to various stakeholders, so it's crucial to demonstrate your ability to communicate complex information simply. Prepare to discuss how you've effectively communicated financial concepts to non-financial colleagues in the past, and be ready to showcase your training skills as well.
