At a Glance
- Tasks: Lead financial operations and ensure compliance across a Multi-Academy Trust.
- Company: Satis Education is dedicated to enhancing educational experiences through effective financial management.
- Benefits: Enjoy flexible working hours and a competitive interim day rate up to £55,000.
- Why this job: Join a forward-thinking team making a real impact in education while developing your finance skills.
- Qualifications: Bookkeeping or accountancy qualification and 5 years of operational finance experience required.
- Other info: This role offers a unique chance to shape financial strategies in the education sector.
The predicted salary is between 42000 - 66000 £ per year.
Satis Education are seeking to appoint an interim Finance Director/Head of Finance, to be based at our client school in the Cheshire area. This is a unique opportunity for an enterprising and forward-thinking person to assist with the financial administration within the school.
The Interim Finance Director/Head of Finance will provide operational financial leadership across the Multi-Academy Trust (MAT), reporting to the CFO. The role ensures sound financial management, robust compliance, and delivery of financial services to support the Trust’s strategic and educational objectives. This includes oversight of management accounts, payroll, statutory reporting, financial planning and risk management.
MAIN RESPONSIBILITIES- Act as the lead for the strategic planning process for annual budgets, 3-year forecasting and periodic forecasts for the Trust and its schools (12 cost centres).
- Ensure that the Trust is compliant with all legal requirements relating to accounting processes and practices, public sector finances, HMRC regulations and the Academy Trust Handbook.
- Oversee the delivery of the in-house payroll service, ensuring all statutory deadlines and submissions are met and staff are paid accurately and on time and that relevant pension contributions are collected and paid and all required records kept.
- Provide sound advice to the Trust Board and schools on all financial matters, in order to improve performance and opportunities.
- Have overall responsibility for the production of the annual accounts (through the external accountants) and manage the internal and external audit process.
- Ensure the production of monthly management accounts for all schools and the central budget, and highlight anomalies and trends that may affect budget planning promptly.
- Ensure the reconciliation of all schools’ control accounts monthly, review other accounts and calculate monthly journals.
- Responsible for the management of the recovery of bad debt across all schools within the Trust.
- Proactively manage the cash position of the Trust and its operating activities, and report regularly on this aspect of financial management to the CFO and Trust Board.
- Plan and co-ordinate all tax and treasury management practice and policy.
- Responsible for all finance related statutory returns.
- Manage the finance team staff development, conduct staff development reviews and participate in training, induction and staff development events.
- Attend Board sub-committee meetings and the main Board meetings (as required).
- Prepare reports for Board sub-committees and the main Board meetings as required.
- Review and update the Finance risk register in conjunction with the CFO, manage the risks and plan remedial action.
- Ensure that the Trust achieves value for money across all its activities, including the delivery of services.
- Ensure that the finance team seeks continuing improvement in its management and systems.
- Draft and review finance related policies and procedures.
- Bookkeeping or accountancy qualification (e.g. AAT).
- At least 5 years’ experience in operational finance.
- Level 3 qualifications (A-levels or equivalent).
- Knowledge of academy sector financial compliance.
- Strong Excel skills.
- Experience in managing finance within the public or charitable sectors.
- Undergraduate degree.
- Experience with Sage 200.
- Experience with Orovia payroll and budget software.
- Familiarity with in-house payroll processes.
- Line management experience.
To discuss the role in further detail, please contact Jenna Everett via Jenna@satiseducation.co.uk | 01744 634654. To apply, please send a full and up to date CV.
Satis Education is an equal opportunities employer. We are committed to safeguarding and promoting the welfare of children and young people and expects all staff and volunteers to share this commitment.
Interim Finance Director/Head of Finance employer: Satis Education Ltd
Contact Detail:
Satis Education Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Interim Finance Director/Head of Finance
✨Tip Number 1
Network with professionals in the education finance sector. Attend local events or webinars related to finance in schools and Multi-Academy Trusts. This can help you gain insights into the role and potentially connect with decision-makers.
✨Tip Number 2
Familiarise yourself with the specific financial regulations and compliance requirements for the academy sector. Understanding these nuances will not only prepare you for the role but also demonstrate your commitment and knowledge during interviews.
✨Tip Number 3
Showcase your leadership skills by discussing past experiences where you've successfully managed a finance team or led financial projects. Highlighting your ability to develop staff and improve processes will set you apart from other candidates.
✨Tip Number 4
Prepare to discuss how you would approach financial planning and risk management for the Trust. Having a clear strategy or examples of how you've handled similar situations in the past will impress the hiring team.
We think you need these skills to ace Interim Finance Director/Head of Finance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in operational finance, particularly within the education sector. Emphasise your qualifications and any specific skills that align with the job description, such as bookkeeping or accountancy qualifications.
Craft a Compelling Cover Letter: Write a cover letter that addresses the key responsibilities of the role. Discuss your experience with financial management, compliance, and strategic planning, and explain how you can contribute to the Trust's objectives.
Highlight Relevant Skills: In your application, specifically mention your strong Excel skills and any experience with Sage 200 or Orovia payroll software. These are desirable criteria that could set you apart from other candidates.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects attention to detail, which is crucial for a finance role.
How to prepare for a job interview at Satis Education Ltd
✨Know Your Numbers
As an Interim Finance Director, you'll need to demonstrate a strong grasp of financial metrics and reporting. Be prepared to discuss your experience with management accounts, budgeting, and forecasting in detail. Bring examples of how you've successfully managed finances in previous roles.
✨Understand Compliance Requirements
Familiarise yourself with the legal requirements related to accounting processes, especially within the education sector. Be ready to explain how you've ensured compliance in past positions and how you would approach this in the context of a Multi-Academy Trust.
✨Showcase Leadership Skills
This role requires strong leadership capabilities. Prepare to discuss your experience in managing finance teams, conducting staff development reviews, and how you've fostered a culture of improvement and accountability within your team.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills. Think about challenges you've faced in financial management, such as dealing with budget cuts or managing cash flow issues, and be ready to share how you navigated those situations.