Deputy Finance Manager

DescriptionDeputy Finance Manager
£420 per day
Location: Islington
Akton Resourcing are currently working with a local authority to recruit a Deputy Finance Manager to join the Finance team on a 3-month contract
The role holder will be responsible for providing support to the SRMA programme and working with deficit schools
Main Responsibilities:
Strategic Awareness-
* Inform a strategic vision of the service that enables the council to meet its future challenges.
* Contribute towards the development and implementation of the Councils financial strategy.
* Identify financial risks and opportunities as and when they arise, inform finance managers and collectively consider options to mitigate risks or exploit opportunities.
* Proactively identify trends and changes in the operating environment that could financially impact service delivery; provide advice and collaborate on potential solutions.
Financial Management-
* Draw on knowledge of Council services and the related financial complexities, to support the provision of systems and procedures that enable effective budgetary control.
* Ensure that variations and emerging financial pressures are drawn to the attention of budget managers and support the development of options and plans for their resolution with the finance manager.
* Support finance managers in advising on funding, financial management and accounting requirements.
* Promote a culture which empowers budget holders and supports the delivery of value for money services and knowledge of key cost drivers.
* Support the councils' commercial arrangements to better ensure strong price competition and transfer risks and performance.
* Ensure members of the team, directors and budget holders receive the financial management training required to be effective in their roles, including awareness of Financial Regulations.
Financial Reporting-
* Prepare and present informative, high quality reports to members and other senior stakeholders that aid in informed service and corporate decision making.
* Ensure statutory and other returns are submitted accurately and on timely basis
Prior to submission ensure senior management sign off and produce an appropriate supporting paper setting out the approach to development of the return.
* Monitor and control the monthly financial reporting process ensuring forecasts are accurately included on the system or promptly escalating relevant issues backed up with appropriate analysis.
Financial Planning and Budgeting-
* Support the development of a longer term council wide financial position and appropriate financial strategies with the Finance Manager.
* Provide support for the medium-term financial planning process.
* Develop appropriate financial models and analytics to determine financial impact of future service demands, changes in legislation and other factors affecting resource requirements.
* Support the attainment of alternative sources of funding that contribute towards identified funding gaps.
Qualifications:
* Qualified in CCAB or actively studying towards obtaining either CCAB [preferably CIPFA], CIMA, CFA or ACT and expected to qualify within the next 6-months.
* Evidence of continuing professional development.
Experience:
* Experience in persuading stakeholders to work together, encouraging an organisational focus on the needs of the community.
* Experience of working effectively in an area with competing demands and tight timescales.
* Experience of providing data for reports in a clear, understandable and appropriate format for use
* Able to manipulate complex data to demonstrate trends and correlations.
* Can extract and manipulate complex financial information to demonstrate trends/correlations.
Skills/Knowledge:
* Knowledge of major issues facing local government, understanding of the national policy context, requirements and future direction for relevant service areas.
* Ability to think critically, apply innovative and creative thinking to address complex service challenges.
* Strong interpersonal and communication skills.
* Well developed IT skills [MS Office suite, financial systems, data visualisation tools e.g
Power BI]
Start Date: ASAP
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£420
Islington, London
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Salary Min0Salary Max420Contract TypeContractSalary TypeDayAdded10m 2dID3108825