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- Tasks: Lead financial management and reporting for a team of 7, ensuring compliance and accuracy.
- Company: Join the Water Management Alliance, dedicated to managing flood risk and enhancing local environments.
- Benefits: Enjoy 28-33 days holiday, private medical care, and access to a generous pension scheme.
- Why this job: Make a real impact in your community while developing your finance career in a supportive environment.
- Qualifications: ACCA/CIMA/ACA/CIPFA qualified or equivalent experience with 5 years in accounting.
- Other info: Flexible working hours and free onsite parking available.
The predicted salary is between 51000 - 68000 ÂŁ per year.
1 day ago Be among the first 25 applicants
Full-time Permanent Contract (37 hours per week) – based at King’s Lynn, Norfolk
Salary ÂŁ60,000 to ÂŁ65,000 pa (dependent upon Qualifications and Experience) plus attractive benefits package including:
- Access to the Local Government Pension Scheme (Norfolk Pension Fund)
- Private Medical Scheme
- 28 days holiday (rising to 33 days with continuous service), plus New Years Eve and Bank Holidays
- Modern Office
- Free Onsite Parking
An exciting opportunity has arisen for a Finance & Rating Manager to join the Water Management Alliance
(WMA) Group of Internal Drainage Boards (IDBs). Internal Drainage Boards (“IDBs”) are local public authorities that manage flood risk and land drainage.
The Water Management Alliance (WMA) is a group of like-minded Internal Drainage Boards (IDBs) who share vision, values and standards and have chosen to jointly administer their affairs in order to reduce costs, strengthen their own organisations and increase influence at both regional and national level.
Internal Drainage Boards (“IDBs”) are local public authorities that manage flood risk and land drainage within areas of special drainage need in England. IDBs undertake a vast range of vital work to reduce flood risk and manage water in a way that meets the local needs of residents, businesses and agriculture in accordance with their environmental duties whilst enhancing the ecological wellbeing of their districts.
The Finance and Rating Team within the Water Management Alliance provides all finance functions across the 7 Member Boards and WMA Consortium. These functions includes Sales Ledger, Purchase Ledger, Payroll, Month End, Year End and the collection of our Special Levies and Drainage Rates.
As Finance and Rating Manager you will be supporting the WMA Group’s Chief Financial Officer in meeting the team’s key purpose to provide a professional, effective, responsive and high profile financial management service that supports business planning. This post is responsible for the production of monthly financial management and costing information to budget holders. Information will be produced to both internal and statutory deadlines. You will work as part of a team to contribute to the continued growth in an established team, recognising and promoting best practice and high performance, and delivering consistent quality throughout the business.
For more information about the role or the WMA please see our website www.wlma.org.uk or contact Sallyanne Jeffrey on 01553 819600.
To apply, please submit your CV with a covering letter explaining why you are a suitable candidate to sallyanne.jeffrey@wlma.org.uk.
Closing date for receipt of applications: Monday 15 September 2025.
Main Responsibilities
- Responsible to the Chief Financial Officer (CFO), you will take a lead role in producing, checking and distributing finance management reports to budget holders to agreed reporting timescales.
- Maintaining a robust control environment, ensuring all Board policies and financial regulations are regularly reviewed and adhered to, source documentation is held securely with sufficient audit trails.
- Forecasting year-end financial performance and identification of risks.
- Cash flow management and forecasts – ensuring the advances requested from each Board are sufficient to cover the Group’s financial obligations.
- Balanced financial investment of the Board’s assets, in accordance with the Board’s Investment policy.
- Management of costs and ring-fenced income for Capital Development Projects.
- Assist with the preparation, production and distribution of the Annual Estimates (Budgets), in accordance with Statutory deadlines.
- Managing the Finance and Rating Team, currently consisting of 7 staff members with the team responsible for:
oPayroll
oTransaction processing, including purchase ledger, sales ledger, fixed assets, time sheets, plant sheets and stock records.
oBank reconciliations
oDebt collection
oMonthly VAT reconciliations and pension returns
oRating – generation of Annual Rate Demands and collection of funds owed
oInvestigation of budget variances and reporting these to the CFO and Budget Holder (where applicable)
oMonth-end journals (accruals and prepayments)
- Ensure expenditure is accurately reported within the general ledger which includes transaction analysis.
- Forecasting year-end financial performance and identification of risks.
- Undertaking ad-hoc financial calculations and investigations to meet the needs of the Finance and Rating Department and those of Budget Holders.
- Completion of the year-end financial management processes.
- Ensuring all audit trails are properly maintained.
- Liaising with internal and external auditors, the Bank, HMRC and managing any other audit or inspection requirements.
- Responsible for ensuring all drainage rates, rechargeable works, rents, acknowledgments, surface water development charges and other charges/income are invoiced and collected promptly.
- Assisting others in the Finance and Rating Department, as and when necessary, and providing cover during periods of holiday and sickness, including monthly payroll for 50+ employees.
- Presenting Financial Reports to the Consortium Management Committee and the Member Boards at Board meetings/Committee meetings, as and when required.
- Deputise for the Chief Financial Officer in their absence.
- Undertaking any other ad-hoc duties as required.
Qualifications
- ACCA/CIMA/ACA/CIPFA Qualified (or qualified by experience)
Experience
- A minimum of 5 years’ experience within an accounting background
- Leading, motivating and development of a Finance Team
- Experience with working in the Public Sector
Skills/Knowledge
- Must be proficient in the use of accounting packages (for example Sage 200/50) and Microsoft (Excel, Word, Outlook, Access)
- Ability to interpret and present complex financial information clearly to both financial and non-financial stakeholders, both in writing and verbally
- Ability to prioritise and organise workloads to meet deadlines and to remain calm under pressure.
- Able to work accurately and at speed in a high pressure environment
- Ability to handle sensitive financial and personal information in line with the Data Protection Act 2018, GDPR, and organisational policies
- Excellent written and spoken communication skills (including report and letter writing)
- Ability to build productive relationships with internal and external stakeholders
- A full and valid UK driving licence
- An understanding of the structure of local government and working within a democratic process
Planning and Organisational Skills
- The post holder will plan and prioritise their own workload to meet required objectives through effective time management, to ensure delivery of both adhoc and routine requests for information.
- Required to work flexibly responding as appropriate to unpredicted issues that may fall within tight deadlines.
- You must have strong organisational skills due to the depth and breadth of work undertaken.
Other Job Information
- Hours of work Monday-Thursday (8.30am-5.00pm) and Friday (8.30am-4.30pm) with one hour for lunch (some flexibility in these hours can be accommodated)
- 28 days leave per annum rising in increments to 33 days after 6 years continuous service ( + 8 days Bank Holiday)
- Private Medical Healthcare
- Access to the LGPS (Norfolk Local Government Pension Fund)
- Free onsite parking
Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Full-time
Job function
-
Job function
Finance and Sales
-
Industries
Government Administration
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Finance & Rating Manager employer: Water Management Alliance
Contact Detail:
Water Management Alliance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance & Rating Manager
✨Tip Number 1
Familiarise yourself with the specific financial regulations and policies relevant to local government and Internal Drainage Boards. Understanding these will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the public sector finance field, especially those who have experience with Internal Drainage Boards. This can provide you with valuable insights and potentially lead to referrals that could enhance your application.
✨Tip Number 3
Prepare to discuss your leadership style and experiences in managing finance teams. Highlighting your ability to motivate and develop staff will be crucial, as this is a key responsibility of the Finance & Rating Manager role.
✨Tip Number 4
Stay updated on current trends and challenges in flood risk management and land drainage. Being knowledgeable about these topics will allow you to engage in meaningful discussions during interviews and show your passion for the sector.
We think you need these skills to ace Finance & Rating Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance and management, particularly in public sector roles. Use keywords from the job description to demonstrate that you meet the qualifications and skills required for the Finance & Rating Manager position.
Craft a Compelling Cover Letter: In your cover letter, explain why you are a suitable candidate for the role. Mention specific experiences that align with the responsibilities outlined in the job description, such as managing finance teams or producing financial reports.
Showcase Relevant Qualifications: Clearly state your ACCA/CIMA/ACA/CIPFA qualifications or equivalent experience in your application. Highlight any additional training or certifications that may enhance your candidacy for this finance role.
Demonstrate Communication Skills: Since excellent written and spoken communication skills are essential for this role, ensure your application is well-structured and free of errors. Consider including examples of how you've effectively communicated complex financial information to various stakeholders in previous positions.
How to prepare for a job interview at Water Management Alliance
✨Know Your Numbers
As a Finance & Rating Manager, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be prepared to discuss how you've used them in past roles. This will show your understanding of the financial landscape and your ability to manage budgets effectively.
✨Understand the Public Sector
Familiarise yourself with the workings of local government and the specific challenges faced by Internal Drainage Boards. Being able to articulate your knowledge of public sector finance will set you apart from other candidates.
✨Showcase Leadership Skills
You'll be managing a team, so be ready to discuss your leadership style and experiences. Prepare examples of how you've motivated and developed your team in previous roles, as well as how you've handled any challenges that arose.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities, especially in high-pressure situations. Think of scenarios where you've had to make quick decisions or manage tight deadlines, and be ready to explain your thought process and outcomes.
