At a Glance
- Tasks: Lead financial management and reporting for a vital public authority.
- Company: Join the Water Management Alliance, making a difference in flood risk management.
- Benefits: Enjoy a competitive salary, private healthcare, and generous holiday allowance.
- Other info: Flexible working hours and opportunities for career growth.
- Why this job: Be part of a team that impacts local communities and the environment.
- Qualifications: ACCA/CIMA/ACA/CIPFA qualified with 5+ years in finance.
The predicted salary is between 51000 - 68000 £ per year.
A full-time permanent contract (37 hours per week) based at King's Lynn, Norfolk. Salary £60,000 to £65,000 pa (dependent upon qualifications and experience) plus an 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 Year's 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). The Finance and Rating Team within the WMA provides all finance functions across the 7 Member Boards and WMA Consortium. These functions include Sales Ledger, Purchase Ledger, Payroll, Month End, Year End, and the collection of Special Levies and Drainage Rates.
As Finance and Rating Manager, you will support the WMA Group's Chief Financial Officer in providing 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, produced to both internal and statutory deadlines.
Main Responsibilities:
- Responsible to the Chief Financial Officer (CFO), leading the production, checking, and distribution of finance management reports to budget holders.
- Maintaining a robust control environment, ensuring all Board policies and financial regulations are regularly reviewed and adhered to.
- Forecasting year-end financial performance and identifying risks.
- Cash flow management and forecasts.
- 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).
- Managing the Finance and Rating Team, currently consisting of 7 staff members.
- Ensure expenditure is accurately reported within the general ledger.
- Undertaking ad-hoc financial calculations and investigations.
- Completion of the year-end financial management processes.
- 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, and other charges/income are invoiced and collected promptly.
- Presenting Financial Reports to the Consortium Management Committee and the Member Boards.
- 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 developing a Finance Team.
- Experience working in the Public Sector.
Skills/Knowledge:
- Proficient in the use of accounting packages (e.g., Sage 200/50) and Microsoft (Excel, Word, Outlook, Access).
- Ability to interpret and present complex financial information clearly.
- Ability to prioritise and organise workloads to meet deadlines.
- Excellent written and spoken communication skills.
- A full and valid UK driving licence.
- An understanding of the structure of local government.
Other Job Information:
- Hours of work: Monday-Thursday (8.30am-5.00pm) and Friday (8.30am-4.30pm) with one hour for lunch.
- 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.
Finance & Rating Manager employer: Water Management Alliance
The Water Management Alliance (WMA) offers a rewarding opportunity for a Finance & Rating Manager in King's Lynn, Norfolk, where you can contribute to vital flood risk management and land drainage efforts. With a supportive work culture that values professional development, employees enjoy an attractive benefits package including generous holiday allowances, private medical care, and access to the Local Government Pension Scheme. Join a dedicated team committed to enhancing ecological wellbeing while enjoying a modern office environment with free onsite parking.
StudySmarter Expert Advice🤫
We think this is how you could land Finance & Rating Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who might have insights into the Water Management Alliance. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by researching the WMA and its role in flood risk management. Show them you’re not just another candidate; demonstrate your passion for their mission and how your skills can contribute to their goals.
✨Tip Number 3
Practice your financial reporting skills! Be ready to discuss how you would handle specific scenarios related to budgeting and financial management. This will show you’re not only qualified but also proactive.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the team at WMA.
We think you need these skills to ace Finance & Rating Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Finance & Rating Manager role. Highlight relevant experience and skills that match the job description, especially your accounting background and team management experience.
Craft a Compelling Cover Letter:Your cover letter should explain why you're the perfect fit for this position. Use specific examples from your past work to demonstrate how you meet the qualifications and can contribute to the WMA's goals.
Showcase Your Communication Skills:Since you'll be presenting financial reports and liaising with various stakeholders, make sure to highlight your excellent written and spoken communication skills in both your CV and cover letter.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way to ensure your application gets the attention it deserves!
How to prepare for a job interview at Water Management Alliance
✨Know Your Numbers
As a Finance & Rating Manager, you'll need to be on top of financial data. Brush up on key financial metrics and reports relevant to the role. Be prepared to discuss how you've used these in past positions to drive decision-making.
✨Understand the Public Sector Landscape
Familiarise yourself with the workings of local government and the specific challenges faced by Internal Drainage Boards. This knowledge will help you demonstrate your understanding of the role's context and how you can contribute effectively.
✨Showcase Leadership Skills
You'll be managing a team, so be ready to share examples of how you've led and motivated others in previous roles. Highlight any experience you have in developing finance teams and fostering a collaborative environment.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, especially around financial forecasting and risk management. Think of specific scenarios from your past where you successfully navigated challenges and be ready to discuss them in detail.
