Home / Roles recruiting / Assistant Finance Manager
Assistant Finance Manager: CWB and Commercial
£40,155 - £46,392 per annum
Service area: Finance
Grade: PO3-4
Reports to: Deputy Finance Manager
Your team: Finance
Number of supervisees: Up to 3
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Primary job function
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To support the efficient and effective provision of a comprehensive finance function, including all aspects of the annual estimates process, budget maintenance, monitoring, control and reporting and the year-end closing of accounts, in accordance with statutory requirements and the Council’s policies and procedures, statutory returns, ad hoc requests and project work. To be responsible for supporting the prompt, efficient and accurate provision of financial information.
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The post holder will be expected to work flexibly across the service as directed by senior staff wand could have different reporting lines for completion of tasks including direction by a strategic member of the service.
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The post holder will be expected to adhere consistently to the Council’s financial processes for all key areas including budget monitoring, budget build and closure of accounts.
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Key responsibilities
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To be responsible for supporting the Deputy Finance Manager with the induction, training and motivation of the Finance Team staff, who have responsibility for covering the team’s functions, in accordance with the Council's policies and procedures.
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Actively support the development and training of the junior staff in the team
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To be responsible for supporting the efficient and complete preparation of detailed revenue and capital expenditure and income budgets in conjunction with operational managers and strategic finance staff, in line with the Council’s policies and procedures.
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To be responsible for supporting the continued development, maintenance and review of budget monitoring, control, reconciliation and reporting in conjunction with operational managers and to contribute to the continuous improvement of departmental systems in line with financial best practice as required by the Head of Finance/Finance Manager.
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To be responsible for reviewing and improving the development of local commitment monitoring financial and activity systems used by operational managers to ensure consistency, effective reconciliation and financial best practice.
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To be responsible for effective joint working with the council’s external partners and other external organisations, to ensure appropriate procedures and processes for setting, monitoring and reviewing the financial arrangements.
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To be responsible for the efficient and timely completion of specific tasks within the annual closing of accounts process, including the preparation and submission of grant claims and the on-going maintenance, reconciliation and review of the accounts for specific areas of responsibility.
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To be responsible for the preparation, analysis and provision of accurate financial and management information to be included in statutory returns and reports, in line with statutory requirements and the Council’s policies and procedures.
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To be responsible for contributing to the wide range of service plans and reviews, including reviewing the cost effectiveness of services and supporting the Council’s lead finance officer role in line with the Council’s policies and procedures, in order to achieve value for money.
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A significant contribution towards improvements in service delivery, systems, processes and/or working methods that enhance service delivery and/or generate savings and supporting early identification of potential problems and devise and implement solutions to them.
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To be responsible for assisting with the review and update of all documentation, policies and procedures and compliance with statutory requirements, in line with professional standards and the Council’s policies and procedures.
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To be responsible for assisting Heads of Finance with information for the preparation of Corporate Management Board, Joint Board and Executive reports, in particular their financial implications and responses to Members’ enquiries in relation to all aspects of the finance function, as required by the Deputy Finance Manager.
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To be responsible for supporting effective liaison with the budget holders in relation to timely and accurate budget monitoring, control, reconciliation and reporting.
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To be responsible for supporting effective liaison with Government departments and statutory agencies, particularly in relation to matters including statutory returns and government grants, to maximise income due to the Council.
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To be responsible for acting on behalf of the Council ensuring the provision of advice and guidance to all levels of staff, which is appropriate, accurate, timely, verbal and written, in relation to all aspects of the team’s functions in accordance with the Council’s policies and procedures and to promote awareness of good financial practice and control.
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To be responsible for supporting effective liaison with external and internal audit, including the efficient filing and retention of documentation, maintaining appropriate audit trails for subsequent retrieval as and when required.
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To be responsible for the efficient preparation and production of timely and accurate routine and ad-hoc management information, in relation to all aspects of the finance function, as required by the Deputy Finance Manager.
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To be responsible for supporting effective liaison with other teams and to promote joint working arrangements and the sharing of information.
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To be responsible for assisting with the preparation and completion of complaint responses relating to the finance function, as required by the Head of Finance, in accordance with the Council and Departmental complaints’ procedures.
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To contribute to the ongoing review of corporate and departmental systems and procedures and implement decisions, as required by the Deputy Finance Manager.
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To be responsible for keeping up to date with accounting and other relevant legislation, regulations, standards, service developments and initiatives and the Council’s policies and procedures.
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To undertake other duties commensurate to the grade of the post.
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Additional
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To use and assist others in the use of information technology systems to carry out duties in the most efficient and effective manner.
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To achieve agreed service outcomes and outputs, and personal appraisal targets, as agreed by the line manager.
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To undertake training and constructively take part in meetings, supervision, seminars and other events designed to improve communication and assist with the effective development of the post and post holder.
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Additional to achieve P04
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Providing support for a specialist area without close supervision.
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Experience in leading a task or project at a relevant level to successful completion.
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Leadership
As a member of the council’s management team, to contribute proactively to the collective leadership for the council, working collaboratively with Members, services across the council, partners and stakeholders to deliver the council’s objectives and priorities.
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To drive positive cultural change, embodying and promoting the values and behaviours of the council and empowering staff to reach their full potential. Ensure that the performance and development framework is effective for all staff.
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To lead on and ensure the effective implementation of corporate initiatives and transformation programmes that cut across the whole or part of the council’s activities.
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Resources and Financial management
Ensure effective Financial Management, cost controls and income maximisation in an ever changing environment, fluctuating demands and priorities. Ensure resources are well managed and effectively deployed to the best possible effects assuring value for money in all activities.
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Compliance
Ensure legal, regulatory and policy compliance under GDPR, Health and Safety and in area of your specialism identifying opportunities and risks and escalating where appropriate.
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Budget responsibilities
Budget Responsibilities: Indirect budget management (£816 million).
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Work style
Flexible/Office-Based
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Person specification
Key
Essential (E), Desirable (D), Application (A), Interview (I), Test (T)​
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Qualifications (A, I, T)
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Qualified CCAB (preferably CIPFA) (D)
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AAT qualified or studying for CIPFA (or CCAB) (E)
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Substantial experience in a financial management environment at a relevant level (E)
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Experience (E, A, I, T)
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Relevant experience of budget planning, monitoring and closing of accounts
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Experience of providing relevant management information to non-finance managers
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Significant experience in using PC based systems especially spreadsheets and word processing (MS Word, Excel and Outlook)
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Knowledge, skills and ability (E, A, I, T)
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Excellent knowledge and understanding of accountancy concepts and principles
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Ability to work on one’s own initiative but also to accept instruction. Excellent self- management skills, prioritising conflicting demands and taking responsibility for work. Ability to work without close supervision.
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Strong written and oral communication skills and an ability to deal effectively with queries and provide advice
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Ability to demonstrate a hands-on approach to work. Ability to investigate a problem or a situation beyond routine questioning, create solutions trying innovative ways and willingness to learn and adapt to new tasks and challenges
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Ability to work calmly under pressure and to strict deadlines and deal effectively with challenging issues
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Show high attention to detail and accuracy, checking output for accuracy and completeness
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Ability to present information in an accurate and appropriate format
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Ability to work on one’s own or as part of a team, building effective working relationships within and across departments
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Ability to demonstrate effective decision making
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Experience assisting with the development of systems or processes
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Willingness to learn and adapt to new tasks and challenges
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Ability to produce high quality working papers to the requisite standard
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Ability to demonstrate effective supervision and training of junior staff
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Apply principles of excellent customer focus
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Knowledge and understanding of Health and Safety legislation
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Understanding of and commitment to Data Protection
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Experience of taking responsibility for work required with minimal supervision ensuring quality, effective and quality
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PO4 Additional requirements (E, A, I, T)
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Knowledge of the code of practice
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Ability to lead on a task or project at an appropriate level
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Involvement with development of systems or processes, developing and implementing change in a financial environment at the appropriate level
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Experience with joint working and liaising with partners
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Ability to lead a team and effectively plan/monitor their work including quality and performance
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Special requirements of the post (E, A, I, T)
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This post is subject to the council’s policy on pecuniary and personal interest
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This post is designated as politically restricted
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Our accreditations
Our accreditations include: the Healthy Workplace award, Timewise, London Living Wage Employer, Disability Confident Committed, The Mayor’s Good Work Standard, Stonewall Diversity Champion, and Time to Change.
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