Treasury and VAT Finance Manager
JOB TITLE: Treasury and VAT Finance Manager
SALARY: £46,845 - £53,042 per annum
REPORTS TO: Head of Finance – Pensions & Treasury
TEAM: Finance
DEPARTMENT: Resources and Performance
Purpose of the Job
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Lead a finance team to deliver specialist financial advice on treasury management, banking, and VAT.
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Plan and organise the work of the treasury and VAT team to provide integrated, customer-focused services that comply with best professional practice and regulatory requirements. Manage the contracts for the delivery of treasury consultancy, VAT consultancy and the Council’s banking services. Develop and implement solutions to meet the Council’s long-term borrowing requirements and VAT compliance.
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Actively promote, build and maintain strong and effective working relationships with senior management, members and partners.
Main Areas of Responsibility
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As a member of the finance management team, you will contribute to the overall management of the delivery of quality, cost effective and customer focussed financial services for the Council in a consistent manner across the service. You will deputise for the Head of Finance – Pensions & Treasury in their absence.
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Ensure the provision of business focussed specialist financial advice to officers and members of the County Council in respect of treasury management, banking, and VAT. You will oversee the co-ordination of the capital financing and treasury monitor and contribute to the Council’s annual budget plan, Treasury Management (TM) Strategy and Capital Strategy. You will write reports and present recommendations to the Director of Resources on solutions to meet the Council’s long-term borrowing requirements.
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Be responsible for the day to day delivery of a treasury management function for the County Council and Hertfordshire Police, ensuring compliance with the approved strategy and CIPFA code of practice and report on such issues to members and senior officers as required.
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Be accountable for the coordination and closure of the treasury and VAT aspects of the statement of accounts, all accounting entries, notes to the accounts and supporting working papers are completed on time and to a high standard. Ensure all statutory returns relating to treasury and VAT are submitted accurately and on time Be responsible for the liaison with auditors on treasury management and VAT accounting issues and ensure the prompt resolution of queries.
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You will support, and lead in the absence of, the Head of Finance – Pensions, Treasury and VAT in the management of the assurance framework for the Council’s treasury management and VAT functions ensuring that the Council complies with its statutory responsibilities. You will continuously review treasury and VAT guidance and regulatory changes ensuring required changes to Fund strategies and policies are identified and implemented
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Lead on the analysis and response in relation to key technical, regulatory or legislative changes in the Treasury and VAT area, including national consultations and/or changes to accounting standards, codes or practice.
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You will procure and monitor on an operational basis the provision of relevant financial services to the County Council to ensure that effective performance arrangements are in place to secure best value and to identify and implement efficiencies and service quality improvements in the following areas:
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Treasury Management Services
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Banking Services
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VAT consultancy services
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Manage the team, ensuring that effective processes are in place for recruiting, developing, appraising, rewarding and retaining employees, promoting attendance and performance in line with Council policy.
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You will be able to represent the Council at local, regional and national level to positively promote Hertfordshire and the development of innovative and efficient financial services.
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The duties and responsibilities listed above describe the post as it is at present. The post holder is expected to accept any reasonable alterations that may from time to time be necessary.
Person Specification
Skills
Essential elements
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Strong personal credibility, presence and confidence
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Able to communicate effectively and convincingly at senior officer and member levels
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Strong influencing and negotiating skills
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Able to ensure high standards of customer service and foster positive working relationships
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Ability to build effective teams and relationships and to support others in developing and achieving their personal, professional and organisational goals. Able to implement new ways of working and manage change
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Committed to own professional and personal development
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Displays high standards of behaviour at all times with appropriate discretion and sensitivity
Knowledge and Experience
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You will be a CCAB qualified accountant (or equivalent).
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Able to understand and apply financial regulations and legislation.
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You will have a technical knowledge of financial markets, treasury and VAT
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You will have the ability to work autonomously with strategic partners and make effective use of management information to inform strategy and business decisions and develop business solutions.
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Experience of leading and motivating a team to achieve results.
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Ability to make effective use of management information to inform strategy and business decisions
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Experience of effectively implementing change.
Experience in:
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Managing and motivating employees
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Ability to communicate and articulate complex financial information to various stakeholders with varying degrees of understanding.
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Negotiating positive outcomes and delivering results
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Internal and external partnership working
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Working with elected members
Equality and Diversity
Hertfordshire County Council is committed to openness and equality of opportunity in every activity, from the way we employ staff to the way we deliver services. It is a central responsibility of members, managers and employees of the County Council to ensure that every individual we come into contact with is treated with dignity and respect4. A copy of the full policy, entitled Putting People First will be given to all staff, and a full briefing on the contents of the policy is included in induction.
Health and Safety
It will be the duty of every employee while at work to take reasonable care for the Health and safety of themselves and of other persons who may be affected by their acts or omissions at work.
