Financial Controller - Education
Financial Controller - Education

Financial Controller - Education

Brentford Full-Time 39000 - 46000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage the full finance cycle for a group of independent schools.
  • Company: Join a respected group of Independent Schools in Kew.
  • Benefits: Enjoy 20 days holiday, a pension scheme, and flexible hours during school holidays.
  • Why this job: Be part of a dynamic finance team making a real impact in education.
  • Qualifications: Must be ACA, ACCA or CIMA qualified with relevant finance experience.
  • Other info: Office-based role with opportunities for process improvement and strategic planning.

The predicted salary is between 39000 - 46000 £ per year.

A highly regarded group of Independent Schools is seeking an experienced School Financial Controller to join their finance team based in Kew. As the Financial Controller, you will take ownership of the full finance cycle, including financial reporting, budgeting, management accounts, fee billing, supplier payments, and compliance. While supported by a finance assistant for day-to-day processing, you must be confident in undertaking hands-on finance tasks as needed. This is a great opportunity for a qualified individual to oversee and manage the finance function for a division of schools within the Group.

Key Responsibilities Include:

  • Oversight of financial accounting and reporting across assigned schools
  • Preparation and review of monthly management accounts with budget commentary
  • Management of tuition fee billing cycles, direct debit collections and reconciliations
  • Communication with parents regarding fee payments, including resolution of queries
  • Monitoring and collection of school fees and management of debt recovery processes
  • Oversight of supplier payments, ensuring accuracy, timeliness and value for money
  • Monthly and year-end reconciliations of all control accounts
  • Preparation of VAT returns and ensuring compliance in income and expenditure treatment
  • Liaison with HR and payroll to ensure accurate financial reporting of employment costs
  • Preparation of financial forecasts and support of school leadership with budgeting
  • Line management of the finance assistant, reviewing work and providing guidance
  • Contribution to strategic planning, internal process improvement, and audit readiness
  • Assistance with the production of statutory accounts and liaison with external auditors
  • Monitoring of Early Years Funding claims (EYF) and coordination of related forms
  • Maintenance of fixed asset registers, accruals and prepayments schedules
  • Continuous review and development of financial policies and internal controls

Experience required:

  • ACA, ACCA or CIMA qualified (or equivalent experience in a financial management role)
  • Experience in a finance or accountancy role, ideally at controller level
  • Experience in financial and management accounting, including budget setting and forecasting
  • Strong understanding of fee billing and income collection (education sector preferred)
  • Previous experience of managing staff and overseeing financial processes
  • Familiarity with accounting systems such as Sage 200; and Fee Master desirable
  • Excellent Excel skills and strong proficiency with Microsoft Office
  • Exceptional attention to detail, time management and organisational skills
  • Experience of preparing for audits and dealing with auditors
  • Ability to communicate effectively with a wide range of stakeholders including parents, staff and regulatory bodies

Desirable:

  • Experience working within an educational setting, particularly the Independent Schools sector
  • Familiarity with financial and MIS platforms used in schools such as ParentPay, Fee Master, or iSAMS
  • Experience implementing new financial systems or process improvements

Benefits:

  • 20 days + 8 Bank Holidays + close at Christmas - Can be taken during term time
  • Contributory pension
  • Cycle to work scheme
  • Hours of work: 8.30 am - 5.00 pm
  • Reduced hours during school holidays 9 am - 4 pm

Please note: We can only consider applications from candidates who have the right to work in the UK.

Financial Controller - Education employer: Huntress

Join a highly regarded group of Independent Schools in Kew as a Financial Controller, where you will play a pivotal role in managing the finance function while enjoying a supportive work culture that values employee growth and development. With competitive benefits including 20 days of annual leave plus bank holidays, a contributory pension scheme, and flexible working hours during school holidays, this is an excellent opportunity for those seeking meaningful employment in the education sector.
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Contact Detail:

Huntress Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Financial Controller - Education

✨Tip Number 1

Familiarise yourself with the specific financial systems mentioned in the job description, such as Sage 200 and Fee Master. Having hands-on experience or knowledge of these platforms can set you apart from other candidates.

✨Tip Number 2

Highlight any previous experience you have in the education sector, particularly within independent schools. This will demonstrate your understanding of the unique financial challenges and processes involved in this environment.

✨Tip Number 3

Prepare to discuss your approach to managing a finance team and how you've successfully overseen financial processes in the past. Be ready to provide examples of how you've improved efficiency or compliance in previous roles.

✨Tip Number 4

Brush up on your communication skills, as you'll need to liaise with various stakeholders, including parents and staff. Being able to convey complex financial information clearly will be crucial in this role.

We think you need these skills to ace Financial Controller - Education

Financial Reporting
Budgeting
Management Accounts
Fee Billing Management
Supplier Payment Oversight
Compliance Knowledge
Debt Recovery Processes
VAT Returns Preparation
Financial Forecasting
Staff Management
Audit Preparation
Attention to Detail
Time Management
Organisational Skills
Communication Skills
Proficiency in Microsoft Excel
Experience with Accounting Systems (e.g., Sage 200, Fee Master)
Understanding of Financial Policies and Internal Controls

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in financial management, particularly in the education sector. Emphasise your qualifications (ACA, ACCA, or CIMA) and any specific achievements related to budgeting, financial reporting, and fee billing.

Craft a Strong Cover Letter: In your cover letter, express your passion for working in the education sector and how your skills align with the responsibilities of the Financial Controller role. Mention your experience with financial systems and your ability to communicate effectively with various stakeholders.

Highlight Relevant Skills: Focus on key skills such as attention to detail, time management, and proficiency in accounting software like Sage 200. Provide examples of how you've successfully managed financial processes or improved internal controls in previous roles.

Proofread Your Application: Before submitting your application, carefully proofread all documents to ensure there are no spelling or grammatical errors. A polished application reflects your professionalism and attention to detail, which is crucial for a Financial Controller.

How to prepare for a job interview at Huntress

✨Know Your Numbers

As a Financial Controller, you'll be expected to have a strong grasp of financial metrics. Brush up on key financial concepts and be ready to discuss your experience with budgeting, forecasting, and financial reporting in detail.

✨Demonstrate Leadership Skills

You'll be managing a finance assistant and overseeing financial processes. Be prepared to share examples of how you've successfully led teams or projects in the past, highlighting your ability to mentor and guide others.

✨Familiarise Yourself with the Education Sector

Since this role is within the education sector, it’s beneficial to understand the unique financial challenges schools face. Research common issues related to fee billing and income collection in independent schools to show your industry knowledge.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving skills, especially regarding financial discrepancies or audit preparations. Think of specific scenarios from your past experience where you successfully navigated challenges and be ready to discuss them.

Financial Controller - Education
Huntress
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