Finance Officer

Finance Officer

London Full-Time 28800 - 43200 £ / year (est.)
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At a Glance

  • Tasks: Manage purchase orders, invoices, and staff expenses while ensuring smooth financial operations.
  • Company: Join a dynamic academy focused on providing quality education and financial integrity.
  • Benefits: Enjoy competitive rewards, bonuses, pension contributions, and a Wellbeing Cash Plan.
  • Why this job: Be part of a supportive team that values your input and promotes career growth.
  • Qualifications: A-level education or equivalent with 3+ years in finance and knowledge of school finance systems.
  • Other info: Opportunity to work closely with senior management and influence financial decisions.

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

  • Management of purchase ordering

  • Management of purchase invoices and staff expenses, including raising and completing BACs

  • Ensuring all relevant academy bank reconciliations are processed on a weekly and monthly basis

  • Managing credit card payments

  • Reconciling petty cash and processing Academy banking for cash and cheques

  • Processing of bursary claims

  • Raising of Sales and Inter-company Invoices

  • Liaising with cost centre budget holders in respect of their monitoring and reporting procedures

  • Managing Parent Pay system

  • Providing finance reports in relation to peripatetic Music tuition, Curriculum consumables being sold to Students including Trips reporting via Parentpay

  • Dealing with finance related queries

  • Maintaining an appropriate finance filing system

  • Ensuring the academy’s finance procedures operate in accordance with statutory guidance, Academies financial regulations and academy guidelines

  • Reading and understanding the Academies Financial handbook and the Federation Scheme of Delegation

  • Overseeing the contracts register at the Academy

  • Supporting in any tendering process

  • Working with the Federation Business Partner when contracts are due for renewal and ascertain value for money and quality of service are in line with expectations

  • Working with Federation Business Partner and Principal in understanding priorities for expenditure and promoting effective spend of resources and ensuring value for money

  • Assisting Finance Business Partner with internal and external audit requirement

We would like to hear from you if you have:

  • Educated to A level or equivalent

  • Knowledge of school finance systems

  • Knowledge of a variety of financial recording systems

  • Knowledge of the budget setting process

  • Understanding of the role and function of external audit

  • At least 3 years’ experience working in a finance department

  • Experience of working within financial controls

  • Experience of assisting with budget setting and budget management

In addition to the opportunities for career development and progression, we also offer a competitive rewards and benefits package which includesour Harris Allowance for teachers on MPS/UPS, a Performance and Loyalty Bonus, Pension Scheme with generous employer contributions, a Wellbeing Cash Plan and many other benefits. Learn more aboutour benefitson our website.

Finance Officer employer: HARRIS FEDERATION

As a Finance Officer at our academy, you will be part of a supportive and dynamic work culture that prioritizes employee growth and development. We offer a competitive rewards package, including a Performance and Loyalty Bonus, generous pension contributions, and a Wellbeing Cash Plan, ensuring that our staff feel valued and motivated. Located in a vibrant community, our academy fosters collaboration and innovation, making it an excellent place for those seeking meaningful and rewarding employment.
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Contact Detail:

HARRIS FEDERATION Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance Officer

✨Tip Number 1

Familiarize yourself with the specific finance systems used in schools. Research common software and tools that are mentioned in job descriptions, as this knowledge can set you apart during interviews.

✨Tip Number 2

Network with professionals in the education finance sector. Attend relevant workshops or webinars to connect with others who may provide insights or even referrals for positions like the Finance Officer role.

✨Tip Number 3

Stay updated on statutory guidance and financial regulations related to academies. This will not only help you in interviews but also demonstrate your commitment to compliance and best practices in school finance.

✨Tip Number 4

Prepare to discuss your experience with budget management and financial controls in detail. Be ready to provide examples of how you've contributed to effective spending and value for money in previous roles.

We think you need these skills to ace Finance Officer

Financial Management
Purchase Order Management
Invoice Processing
Bank Reconciliation
Credit Card Payment Management
Petty Cash Reconciliation
Bursary Claims Processing
Sales and Inter-company Invoicing
Budget Monitoring
Parent Pay System Management
Finance Reporting
Finance Query Resolution
Finance Filing System Maintenance
Knowledge of Financial Regulations
Understanding of External Audit Processes
Contract Management
Tendering Process Support
Value for Money Assessment
Collaboration with Business Partners
Budget Setting and Management
Experience in Finance Department

Some tips for your application 🫡

Understand the Role: Make sure to thoroughly read the job description for the Finance Officer position. Highlight key responsibilities and required skills, as this will help you tailor your application.

Tailor Your CV: Customize your CV to reflect your experience in finance, particularly in areas mentioned in the job description such as budget management, financial controls, and school finance systems.

Craft a Strong Cover Letter: Write a cover letter that specifically addresses how your background and skills align with the responsibilities of the Finance Officer role. Mention your experience with financial reporting and any relevant software you are familiar with.

Highlight Relevant Experience: In your application, emphasize your experience in finance departments, particularly any roles where you managed budgets or worked with external audits. Use specific examples to demonstrate your expertise.

How to prepare for a job interview at HARRIS FEDERATION

✨Know Your Financial Systems

Make sure you have a solid understanding of the school finance systems mentioned in the job description. Be prepared to discuss your experience with various financial recording systems and how they can be applied in this role.

✨Demonstrate Budget Management Skills

Highlight your experience with budget setting and management. Prepare examples of how you've successfully managed budgets in the past, and be ready to explain your approach to ensuring value for money.

✨Familiarize Yourself with Relevant Regulations

Read up on the Academies Financial Handbook and the Federation Scheme of Delegation. Being able to discuss these documents and their implications during the interview will show that you're proactive and knowledgeable about the role.

✨Prepare for Finance-Related Queries

Anticipate questions related to finance queries and how you would handle them. Think of specific instances where you've resolved finance-related issues and be ready to share those experiences.

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