15 Oct
London Borough of Islington
London Borough of Islington
Job description
Job Category : Finance
Category : Permanent Recruitment
Location : London Borough of Islington
Start Date : Immediate start
Start Time 09 : 00
End Time : 17 : 00
Closing Date : 29 / 04 / 2024
Base Salary : £62,457.00
Key responsibilities
Strategic Advisory
Inform a strategic vision for the future development of the service that enables the council to meet its future challenges, fostering a culture of innovation and continuous improvement.
Contribute towards the development and implementation of the council’s financial strategy, fundamentally ensuring sustainability both in-year and over the medium term.
Work closely with all stakeholders to ensure best use of limited financial resources,
providing the strategic financial advice, insight, intelligence and support needed.
Continually review, update and report on financial risks and opportunities, advising how the risks can be mitigated and the opportunities exploited.
Proactively identify trends and changes in the operating environment (e.g., legislation, technology, policy, etc.) 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 ensure 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, with options and plans for their resolution.
Advise Assistant Directors and Strategic Finance Managers 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.
Prepare and present informative, high-quality reports to senior stakeholders that aid in informed service and corporate decision making.
Advise on investment and funding strategies including investment risk 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 and financial approval requirements prior to taking decisions.
Financial Reporting
Prepare and present complex and diverse informative, high-quality reports to members and other senior stakeholders that inform service and corporate consequence action decision making.
Ensure statutory and other returns are submitted accurately and on a 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.
Qualifications
Essential
1 Full member of CCAB (preferably CIPFA), CIMA, CFA, or ACT with significant post qualification experience
2 Evidence of significant relevant continuing professional
development
Experience
Essential
3 Strategic management experience, including translating organisational drivers into strategic objectives, longer term plans,
new ways of working and specific outcomes, for a service in a large public sector organisation (preferably local government)
4 Experience in persuading stakeholders to work together, encouraging an organisational focus on the needs of the community
5 Experience preparing business cases for investment decisions including the ability to apply options appraisals and evaluation techniques
6 Experience of working effectively in an area with competing demands and tight timescales
7 Evidence of successful resources management in a multidisciplinary environment, business planning, quality and performance management including formulating budgets and financial models, resolution of conflicting priorities, applying rigorous planning challenge and appropriate control procedures
Skills
Essential
8 Strong interpersonal and communication and presentation skills, with proven ability to communicate complex and diverse information effectively to a wide range of audiences both horizontally and vertically, financial and non-financial
9 Able to lead, inspire and motivate a range of employees and generate a positive working environment
10 Ability to analyse information objectively, considering the facts and differing perspectives to reach a sound, logical conclusion
11 Sound managerial skills with a track record of developing individuals and working in high performing teams
12 Ability to work effectively in a political environment and establish positive relationships with councillors, senior managers, staff,
external partners and interest groups in a way that establishes confidence, credibility and trust
13 Ability to establish, develop and maintain effective relationships within organisations and externally with partner organisations
14 Well-developed IT skills (MS Office suite, financial systems, data Visualisation tools (e.g.,Power BI)
Additional requirements PO9 :
15 Experience of providing financial advice on major Council projects
16 Extensive experience of closing accounts in a large organisation
Special requirements of the post
Essential
17 This post is subject to the council’s policy on pecuniary and personal interest
18 This post is designated as politically restricted
▶️ PERM Finance Manager (HRA)
🖊️ London Borough of Islington
📍 London Borough of Islington