Description
Finance Director
Inverness
Initial 6 month contract
£400 per day (OUTSIDE IR35)
KEY RESPONSIBILITIES
Financial Management and Governance
Strategic Management
Management and Development of Team
Managing Internal & External Relationships
The Role
To be responsible for all matters relating to finance and sustainability.
To ensure the development and appropriate submission of revenue and capital budgets, financial reports and annual accounts, including student support funding.
To ensure all funds are properly accounted for and that the Clients' finances are effectively and efficiently administered.
To ensure financial planning, risk management and business continuity processes actively mitigate risk, protect reputation and ensure ongoing sustainability.
Highlight any matters or areas of concern regarding the Client's financial affairs.
To design and implement an annual calendar of activities to comply with statutory and audit requirements and financial management best practice.
To advise on, design and implement an annual budget process to enable managers to plan and control their income and expenditure.
To ensure that all aspects of the Client's financial activities comply with the Financial Memorandum and Accounts Direction to meet statutory requirements.
To work with the Senior Management Team to ensure effective financial planning and maximisation of income streams through relevant curriculum, and diversified income for example development of research, commercial and international income.
To work with the Senior Management Team to manage staffing budgets to ensure efficient staff deployment.
To identify and recommend improvements in procedures and processes to improve efficiency.
To ensure there is a rigorous approach to contract service standards and contractor appointment and management.
Ensure compliance with all financial regulations including payroll and contract management.
Strategic Management
To participate as a member of the Senior Management Teams, chairing and contributing to committees and representing the Client at external functions, committees and events.
To assist in the development of Strategic Plans and the Operational Plan.
Through membership of the Senior Management Team, to provide advice and guidance within designated areas of responsibilities and on a strategic basis, to develop, maintain and evaluate best practice.
To provide advice within designated areas of responsibility to the Board of Management and its committees.
Management and Development of Team
To take appropriate management responsibility for all staff within those functional areas assigned to this post, to include, performance development management and operational management.
To undertake any other duties assigned by the Principals and within the expected competence of the post holder.
To develop staff to raise the capability of the individual and the team by advising on development needs to address any requirements.
To identify appropriate training to enhance contribution to the role and improve productivity.
To have an awareness of staff capabilities and to maximise opportunities for staff to contribute to the Client's development.
To provide structured feedback to staff at appropriate times.
To maintain an awareness of relevant Health & Safety procedures to enhance the security and safety of staff.
Managing Internal & External Relationships
To attend, participate and contribute to internal and external meetings, as necessary, to maximise opportunities and awareness of the work of our Client.
To build relationships with other organizations, named contacts and external agencies.
To prepare and provide relevant business information for appropriate individuals.