At a Glance
- Tasks: Lead financial reporting and manage the Council's annual closedown programme.
- Company: Join the London Borough of Havering, a supportive and inclusive workplace.
- Benefits: Enjoy flexible working, generous leave, and extensive professional development opportunities.
- Other info: Be part of a dynamic team committed to equality and community service.
- Why this job: Make a real impact on local governance and financial resilience.
- Qualifications: CCAB qualified with experience in statutory financial reporting and audits.
The predicted salary is between 61476 - 66078 £ per year.
Job Description
- Financial Controller | London Borough of Havering
- Permanent | Grade G10 | Salary: £61,476-£66,078 per annum
About the Role
As Financial Controller, you will have direct responsibility for coordinating the Council's annual closedown programme, leading the production of the Statement of Accounts, managing the statutory external audit process and ensuring the integrity of the Council's financial reporting framework.
You will also oversee the preparation of the Group Accounts, Collection Fund accounting and Whole of Government Accounts submissions.
You will lead the development and operation of the Council's financial control environment, ensuring robust reconciliations, strong governance arrangements and compliance with accounting regulations, legislation and professional standards.
Working closely with the Director of Finance, Head of Finance (Financial Control), service directors and external auditors, you will provide expert technical advice on complex accounting, reporting, VAT and taxation matters.
The role includes deputising for the Head of Finance (Financial Control), supporting committee reporting, leading improvement projects and helping the Council respond effectively to developments in local government finance, accounting standards and statutory requirements.
What We're Looking For
- A recognised CCAB professional accountancy qualification (CIPFA, ACA, ACCA or equivalent) together with evidence of continuing professional development.
- Significant experience in statutory financial reporting and the production of annual financial statements.
- Proven experience operating within a strong financial control environment and maintaining robust governance arrangements.
- Demonstrable experience managing interim and year-end audits and working effectively with external auditors.
- Strong technical knowledge of local authority accounting requirements, the CIPFA Code of Practice, IFRS and relevant legislation.
- Experience of providing complex financial and technical advice to senior stakeholders.
- Excellent analytical, communication and influencing skills, with the ability to explain technical matters to non-financial audiences.
- A commitment to continuous improvement and developing efficient, high-quality financial processes.
Desirable experience includes
- Working within a large and complex public sector organisation, particularly local government.
- VAT and taxation expertise within the public sector.
- Team leadership and staff development experience.
Key Responsibilities
- Lead the production of the Council's annual Statement of Accounts and associated financial reporting requirements.
- Coordinate and manage the annual closedown programme, ensuring compliance with statutory deadlines.
- Lead the preparation of Group Accounts, Collection Fund accounts and Whole of Government Accounts returns.
- Act as the principal finance lead for the statutory external audit process and the management of audit queries, recommendations and objections.
- Develop and maintain effective financial controls to protect the integrity of the Council's financial systems and reporting.
- Ensure all key systems and feeder systems are reconciled accurately and regularly to the general ledger.
- Provide expert advice on accounting standards, technical guidance, financial regulations, VAT and taxation matters.
- Monitor the Council's VAT partial exemption position and provide strategic advice on the financial implications of projects and spending decisions.
- Support the integration of capital and revenue accounting arrangements and closedown processes.
- Provide advice and support to Members, directors and senior managers on complex financial and regulatory issues.
- Lead corporate financial reporting improvements and contribute to wider finance transformation initiatives.
- Develop finance colleagues through coaching, mentoring and training, while supporting finance trainees within the department.
- Deputise for the Head of Finance (Financial Control) when required.
Why Havering?
- A supportive and inclusive working environment guided by our ICARE values
- Local Government Pension Scheme
- Flexible and hybrid working arrangements
- Generous annual leave, with the option to purchase additional leave
- Extensive learning and professional development opportunities
- A comprehensive health, wellbeing and employee support programme
- The opportunity to work at the heart of a high-performing finance function and make a significant contribution to the Council's financial resilience and governance.
We're committed to equality, diversity and inclusion and welcome applications from candidates who reflect the communities we serve.
Additional Information
The recruitment process may include a range of assessment activities, including interviews, presentations, technical assessments and stakeholder engagement exercises.
We want everyone to choose Havering.
When you apply for a job with us, your application is considered on its merits regardless of your age, disability, ethnicity, faith, gender identity or sexual orientation.
Our residents and service users come from all walks of life, and so do our employees.
Find out what it means to Choose Havering.
The London Borough of Havering has important responsibilities for safeguarding and promoting the welfare of children, young people and vulnerable adults.
If you are appointed to a job that involves working with these groups, you may be subject to a Disclosure and Barring Service (DBS) check.
Havering is a Disability Confident employer - candidates with a disability who meet the essential criteria will be guaranteed an interview.
Internal candidates and redeployees will be given priority consideration.
About Us
With its excellent transport links into central London, extensive town centre regeneration and the highest concentration of green space anywhere in London, Havering has a unique offer as a place to live, work and visit.
By making the most of its position and opportunities, Havering is becoming a hub for start-ups and expanding businesses, as well as construction, logistics, engineering and manufacturing industries.
Find out why you should work for Havering Council.
Financial Controller in London employer: Havering Schools
Havering Council is an exceptional employer, dedicated to fostering a supportive and inclusive work culture that prioritises the development of its employees. With a strong focus on professional growth and collaboration across education, health, and social care, staff are empowered to make a meaningful impact in the lives of children and families in London. The council offers competitive benefits and a commitment to quality assurance, making it an ideal place for those passionate about early years development and inclusion.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Controller in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Havering Schools. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Financial Controller in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Havering Schools.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Havering Schools's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Havering Schools
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Havering Schools.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Havering Schools will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Havering Schools employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
