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- Tasks: Lead financial management for a complex project, ensuring accurate reporting and planning.
- Company: Join a dynamic organisation focused on improving care delivery through financial oversight.
- Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
- Why this job: Make a real impact by collaborating with senior management on financial strategies.
- Qualifications: ACAB accredited accountancy qualification and experience in financial management required.
- Other info: Work in a supportive environment with opportunities for travel and career advancement.
The predicted salary is between 36000 - 60000 £ per year.
Job Purpose
Following determination at recent FAI inquiries, SPS has committed to undertake a review of several areas of practice and procedure in the delivery of care to those individuals we support. This has led to the assembling of a team of staff on a short term working life project to deliver the support and financial oversight required for a project of this size and complexity. Due to the nature of this project, there is an opportunity, and requirement, to work across multiple functions within the organisation. The role will report to HQ Finance Business Partner, with a dotted line directly into the project. Due to the nature of this project, it will have an impact on Business As Usual and the post holder will be required to be able to act as the conduit into the wider Finance team to update and advise of longer term implications of decision making. This is an exciting opportunity to work closely with Directors and their senior management to help deliver financial plans, sharing knowledge and ideas, providing input into business planning and ensuring accurate reporting and recording of financials. The finance manager will confidently share knowledge, ideas and drive forward the finance agenda of strong financial management, risk, accountability and governance. This role lends itself to Hybrid working, in line with policy. While the main office location will be HQ, there may be some travel to establishments to aid in the understanding of the operational issues.
Responsibilities
- Financial Management: Lead the project financial management, which includes preparation and submission of monthly variance reports, forecast outturns, and annual financial planning submissions. Attend regular meetings with Project Board to ensure accurate reporting of forecast spend, understanding wider implications and making recommendations where appropriate.
- Financial Reporting: Responsible for the management and reporting of month end processes including accruals, prepayments and reconciliations. Submission of the project year-end pack for inclusion in the Annual Report and Accounts.
- Financial Planning: Plan and manage the annual financial planning exercise for the project. Support Project Board and senior managers in their financial submissions; ensuring these are aligned with the overall remit of the project and workstreams. Assist in the development and overview of business case updates and adjustments prior to formal submission.
- Project and Programme Management (PPM): An understanding of PPM which facilitates the monitoring of major projects ensuring accurate reporting of forecasts, categorisation of spend, VAT treatment, profiling and the impact on current and future budgets.
- Governance: Support Project Board to discharge their financial management responsibilities. This covers, but is not limited to, delegated authorities (financial and procurement), financial stewardship, risk identification and management, project and programme management.
Person Specification
Qualification Requirements: Possession of an ACAB Accredited accountancy qualification.
Financial management: Experience and proficient in budget/forecast setting, management and analysis. Essential
Financial Planning: Experience in the management of variance analysis, calculation of accruals and prepayments and multiple workstream management. Essential
Financial Reporting: Experience of report writing and briefing to inform organisational direction and delivery, using a variety of mediums. Essential
Business Improvement: Ability to assess and review information and recognise potential issues and the ability to interrogate and interpret financial/business data that will provide management information and support decision making. Essential
Behaviour Requirements: Relationships & Collaboration, Solve Problems & Make Decisions, Listen & Communicate, Accountability & Initiative.
Selection method: 1 Interview.
Finance Manager employer: Scottish Prison Service
Contact Detail:
Scottish Prison Service Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager
✨Network Like a Pro
Get out there and connect with people in the finance sector! Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help land that Finance Manager role.
✨Ace the Interview
Prepare for your interview by researching the company and understanding their financial practices. We recommend practising common interview questions and having examples ready that showcase your financial management skills. Remember, confidence is key, so show them you’re the right fit for the team!
✨Showcase Your Skills
When you get the chance to meet potential employers, make sure to highlight your experience in financial planning and reporting. We want to see you demonstrate how you can contribute to their projects and improve their financial oversight. Bring your A-game and let your expertise shine!
✨Apply Through Our Website
Don’t forget to check out our website for the latest job openings! Applying directly through us not only gives you a better chance of being noticed but also keeps you updated on any new opportunities that might pop up. Let’s get you that Finance Manager position!
We think you need these skills to ace Finance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Manager role. Highlight your experience in financial management, reporting, and planning. We want to see how your skills align with the job description, so don’t hold back!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Share specific examples of your past achievements in finance that relate to the responsibilities listed in the job description.
Showcase Your Collaboration Skills: Since this role involves working closely with Directors and senior management, make sure to highlight your teamwork and collaboration skills. We love candidates who can communicate effectively and drive financial agendas forward!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Scottish Prison Service
✨Know Your Numbers
As a Finance Manager, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've managed budgets, forecasts, and variance analysis in previous roles. This will show that you can hit the ground running.
✨Understand the Project Scope
Familiarise yourself with the specifics of the project mentioned in the job description. Be prepared to discuss how your experience aligns with the project's financial management needs and how you can contribute to its success. This shows you're proactive and genuinely interested.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills and decision-making abilities. Think of examples where you've identified financial risks or improved processes. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly.
✨Showcase Your Collaborative Spirit
This role involves working closely with Directors and senior management. Be ready to share examples of how you've successfully collaborated across teams in the past. Highlight your communication skills and ability to build relationships, as these are crucial for this position.
