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- Tasks: Oversee financial operations, manage billing, payroll, and ensure nursery financial health.
- Company: Join a supportive team dedicated to nurturing children's education.
- Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
- Why this job: Make a real difference in the financial management of our nurseries.
- Qualifications: Experience in finance management, proficiency in Xero and Dext, and a relevant degree.
- Other info: Dynamic role with hands-on experience across multiple nursery settings.
The predicted salary is between 36000 - 60000 £ per year.
We are looking for a Finance Lead to join our team. The ideal candidate will be responsible for overseeing all financial operations, including billing, payroll, and accounts payable, while ensuring the financial health of our nurseries. The Finance Lead will report to the Operations Manager and will line manage a Finance Assistant.
Proven experience in a finance management or lead role, preferably within the education or nursery sector. Proficiency with payroll software and a demonstrated ability to help us on our digital journey by implementing efficient, modern financial processes. Proficiency with financial software, specifically Xero and Dext. A bachelor's degree in Finance, Accounting, Business Administration, or a related field. A full driving licence.
Key Responsibilities- Financial Reporting and Auditing
- Produce quarterly Profit & Loss (P&L) statements to provide a clear overview of financial performance.
- Carry out monthly audits to accurately monitor occupancy and fee income across all settings.
- Conduct quarterly financial audits to ensure accuracy and compliance.
- Attend monthly management meetings with the management team, Operations Manager, and Directors to discuss any financial concerns.
- Agree on transactions in both Dext and Xero to ensure accurate bookkeeping.
- Manage all monthly billing runs and ensure fees are accurately calculated and invoiced.
- Calculate and create new fee policies for new starters.
- Calculate annual fee increases, create new fee policies for all children, and liaise with the nursery management team to roll out the increases.
- Allocate daily fees to the correct accounts to maintain up-to-date records on our parent portal.
- Assist the nursery manager with fee-related complaints.
- Manage payroll deductions for sickness and additional hours on a daily basis, keeping wage sheets up to date.
- Calculate and manage annual leave entitlements for all staff.
- Liaise with external accountants for payroll and any other financial related matters, meeting with them quarterly.
- Line manage a Finance Assistant, providing guidance and support to ensure team goals are met.
You will be required to spend two days per week at each nursery setting (Heaton and Gosforth) and one day per week at the Heaton head office.
Finance Team Lead in Sunderland employer: Kid N Play Ltd
Contact Detail:
Kid N Play Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Team Lead in Sunderland
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and education sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its financial practices. Familiarise yourself with their use of Xero and Dext, and think about how you can contribute to their digital journey. Show them you’re not just a fit for the role, but a perfect match for their team!
✨Tip Number 3
Practice your pitch! Be ready to explain your experience in finance management and how it relates to the nursery sector. Highlight your skills in payroll software and financial reporting, and make sure to convey your passion for supporting educational environments.
✨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 take the initiative to connect directly with us. Let’s get you that Finance Team Lead position!
We think you need these skills to ace Finance Team Lead in Sunderland
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Team Lead role. Highlight your experience in finance management, especially within the education or nursery sector, and showcase your proficiency with financial software like Xero and Dext.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of how you've overseen financial operations and implemented modern processes in previous roles. Make it personal and engaging!
Showcase Your Skills: Don’t forget to highlight your skills in financial reporting, auditing, and payroll management. We want to see how you can contribute to our digital journey and improve our financial health.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of all the amazing candidates like you!
How to prepare for a job interview at Kid N Play Ltd
✨Know Your Numbers
Brush up on your financial reporting skills, especially around Profit & Loss statements. Be ready to discuss how you've managed financial operations in the past, particularly in the nursery or education sector. This will show that you understand the specific challenges and nuances of the role.
✨Familiarise Yourself with Software
Make sure you're comfortable with Xero and Dext, as these are key tools for the position. If you have experience with similar software, be prepared to explain how you can quickly adapt and implement efficient processes. Highlight any digital transformations you've led in previous roles.
✨Demonstrate Leadership Skills
As a Finance Team Lead, you'll be managing a Finance Assistant. Think about examples where you've successfully led a team or mentored someone. Share how you approach team dynamics and ensure everyone is working towards common goals, especially in a busy environment like a nursery.
✨Prepare for Scenario Questions
Expect questions that ask how you'd handle specific situations, such as fee-related complaints or payroll discrepancies. Prepare some scenarios from your past experience where you resolved issues effectively. This will showcase your problem-solving skills and ability to maintain financial health.