At a Glance
- Tasks: Manage financial regulations, oversee budgets, and ensure compliance with statutory duties.
- Company: Join a dedicated council committed to community service and financial integrity.
- Benefits: Competitive salary, professional development opportunities, and a chance to make a difference.
- Other info: Dynamic role with opportunities for growth and collaboration with various stakeholders.
- Why this job: Be a key player in shaping financial strategies that impact your community.
- Qualifications: Experience in finance or accounting and strong analytical skills.
The predicted salary is between 40500 - 49500 £ per year.
The Role of the Responsible Financial Officer
The Role of the Responsible Financial Officer
The role of the Responsible Finance Officer (RFO) is statutory position (defined in law).
As such the RFO is under a duty to carry out all the statutory functions.
As the RFO (Responsible Financial Officer) your responsibilities and duties include but may not be limited to the following:
- Carry out all the statutory functions, ensuring the implementation of, and compliance with the Council’s Financial Regulations.
- Ensure that such information as directed by the Council is available in a timely manner.
- Be responsible for advising the Council on the adequacy of, and changes to, its Financial Regulations.
This shall include all internal controls and procedures to manage financial risk.
- Ensure that an annual financial risk assessment is undertaken, documented and submitted to the Council.
- Ensure that there are procedures in place to record all financial transactions, income and expenditure together with assets and liabilities.
- Ensure that there are procedures in place to ensure the correct and timely payment or receipt of invoices.
- Be responsible for the production of the Council’s year end accounts and the relevant sections of the Annual Return as required by law.
- Ensure that the independent internal auditors report is submitted to the Council upon receipt and produce recommended changes to procedures and Financial Regulations as necessary.
- Ensure that the Council’s bank accounts are monitored and reconciled in accordance with the Council’s Financial Regulations.
- To monitor the Council’s cash flow and advise the Council or Commit of recommended actions.
- Be responsible for the production and distribution of regular management accounts as directed by the Council.
Monitor and explain any variance between budgeted items and actual cost.
- Be responsible for coordinating the Council, Committees, Members and other Officers in the production of the Council’s annual budget.
- Other duties and responsibilities…
- Liaising with other public authorities
- Liaising with community groups and charities
- Coordinating and managing grants and other sources of funding
Other tasks as the Council may decide from time to time.
The Role of the Responsible Financial Officer employer: Lydiard Tregoze Parish Council
Lydiard Tregoze Parish Council is an exceptional employer, offering a supportive work culture that values community engagement and professional development. Employees benefit from flexible working arrangements, opportunities for training, and the chance to make a meaningful impact in local governance. With a focus on collaboration and transparency, this role provides a rewarding environment for those looking to contribute to their community while advancing their career.
Contact Details:
Lydiard Tregoze Parish Council Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land The Role of the Responsible Financial Officer
✨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.
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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 Lydiard Tregoze Parish Council. 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 The Role of the Responsible Financial Officer
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 Lydiard Tregoze Parish Council.
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 Lydiard Tregoze Parish Council'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 Lydiard Tregoze Parish Council
✨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 Lydiard Tregoze Parish Council.
✨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 Lydiard Tregoze Parish Council 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 Lydiard Tregoze Parish Council 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.
