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- Tasks: Lead the council's finance function and ensure financial resilience and governance.
- Company: Join a dynamic council on the Isle of Wight, making a real impact.
- Benefits: Competitive pay, leadership opportunities, and a chance to shape local governance.
- Other info: Regular travel to the Isle of Wight required; 3-4 month interim role.
- Why this job: Be a key player in transforming financial strategies and driving efficiency.
- Qualifications: Fully qualified CCAB accountant with extensive local government experience.
The predicted salary is between 60000 - 70000 £ per year.
This interim role is required to provide robust cover while we recruit to the permanent role. As such it is initially expected that this role should run for 3-4 months from mid July.
Location: It is vital that candidates are aware that travel to the Isle of Wight on a regular basis (likely weekly) will be a requirement of this position.
Service Area: Finance
Job Purpose: To provide strategic leadership and oversight of the council's finance function, ensuring financial stewardship, robust governance, financial resilience and value for money in all council activities. As the designated Section 151 officer, ensure the discharge of statutory responsibilities for the proper administration of the council's financial affairs, including pensions, as the council is a pension administering authority for its LGPS fund. Deputise for the chief executive, assuming full responsibilities of head of paid service in their absence, including organisational leadership and emergency decision making. To play a key role in the overall leadership of the organisation, working collaboratively with Members and partners and serving as an ambassador for the island while fostering a higher-performing, motivated and engaged workforce committed to service excellence.
The candidate will need to lead on:
- financial policy, strategy and management
- all duties as the Council's statutory Section 151 Officer
- implementation of transformation and improvement plans
- management accounting and financial planning
- strategic procurement
- treasury management
- internal audit and risk assurance
- Local Government Pension Scheme
Required skills include:
- fully qualified CCAB accountant with substantial post qualification experience
- sound understanding of the Local Government Act 1972, specifically Section 151, and financial regulations governing local authorities
- extensive experience of development and delivery of a medium-term financial strategy for a council with a gross budget exceeding £300m
- successful delivery of balanced budgets despite funding reductions
- able to support 'whole council transformation' to deliver significant efficiency savings
- ability to think commercially, innovatively and creatively about how funding is best deployed to support growth
Interim Strategic Director of Finance and Deputy Chief Executive in Newport employer: Resourgenix Ltd
Contact Detail:
Resourgenix Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Interim Strategic Director of Finance and Deputy Chief Executive in Newport
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who have experience with local government. They might have insider info on opportunities or even recommend you directly.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of the Local Government Act and financial regulations. We want you to be able to discuss how you can ensure financial stewardship and governance confidently.
✨Tip Number 3
Showcase your strategic thinking skills! Be ready to share examples of how you've successfully managed budgets and implemented transformation plans in previous roles. This will demonstrate your ability to lead effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Interim Strategic Director of Finance and Deputy Chief Executive in Newport
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in financial leadership and governance. We want to see how your skills align with the role of Interim Strategic Director of Finance, so don’t hold back on showcasing your relevant achievements!
Showcase Your Qualifications: As a fully qualified CCAB accountant, it’s crucial to emphasise your qualifications and post-qualification experience. We’re looking for someone who understands the Local Government Act 1972 and can demonstrate their expertise in managing substantial budgets.
Highlight Your Strategic Thinking: We need someone who can think commercially and creatively about funding. Use your application to illustrate how you’ve successfully delivered balanced budgets and implemented financial strategies in the past. This will show us you’re the right fit for leading our finance function.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Resourgenix Ltd
✨Know Your Financial Stuff
Make sure you brush up on your knowledge of the Local Government Act 1972 and financial regulations. Be ready to discuss how you've successfully managed budgets in the past, especially in challenging funding environments.
✨Showcase Your Leadership Skills
As a potential deputy chief executive, you'll need to demonstrate your ability to lead and inspire a team. Prepare examples of how you've fostered a motivated workforce and driven organisational change in previous roles.
✨Be Ready for Scenario Questions
Expect questions that put you in hypothetical situations related to financial stewardship and governance. Think about how you would handle budget cuts or implement transformation plans, and be prepared to articulate your thought process.
✨Understand the Isle of Wight Context
Familiarise yourself with the specific challenges and opportunities facing the Isle of Wight council. Showing that you understand the local context will demonstrate your commitment and readiness to take on this role.