About Our Client
Basingstoke College of Technology (BCoT) is a forward-thinking institution focused on equipping students with the skills needed for future careers. With a mission to "Build Careers of Tomorrow," BCoT emphasises digital skills, personal and professional development, and industry engagement. The college aims to expand its higher-level provisions and lead in promoting a low carbon future, serving a diverse student body including post-GCSE students, apprentices, and adult learners.
Job Description
Are you a dynamic leader with a passion for financial management and strategic planning? We are seeking a Director of Finance to join our Executive Management Team (EMT) and contribute to the success and growth of our College. This is a pivotal role offering the opportunity to shape our financial future and make a real impact.
Key Responsibilities:
As a Member of EMT:
Serve as a role model of excellence and professional conduct. Provide positive leadership, fostering a supportive and innovative environment. Attend Board of Corporation meetings, offering expert advice and insights. Develop effective communication and promote teamwork across the College. Stay updated on best practices, offering professional advice to the Principal and EMT. Ensure compliance with Financial Regulations and College Policies. Identify and manage risks, reporting to the Principal as necessary. Engage in continuous professional development and review team performance. Represent the College on external bodies and participate in duty management rota. Specific Responsibilities as Director of Finance:
Provide strategic financial advice and direction to EMT and the Board. Oversee the annual business and budget planning cycle, including financial forecasts. Ensure compliance with statutory and external requirements, including auditors and HMRC. Maintain effective financial regulations and ensure user compliance. Manage relationships with auditors and recommend service appointments. Handle financial returns to the Department for Education accurately and on time. Manage diverse income streams and prepare audited financial accounts. Provide comprehensive financial reports to meet managerial needs. Ensure timely production of monthly management accounts and budget reports. Maintain and develop the College's finance system for efficient operation. Plan and implement a new finance system before the current one ends in 2029. Ensure procurement aligns with financial regulations and secures value for money. Offer guidance on VAT, PAYE, and taxation matters. Manage cash flow, ensuring operational needs are met, and surplus funds are invested securely. Maintain the College's register of fixed assets and inventory. Oversee the College's insurance coverage, including annual renewals and tenders. Management Responsibilities:
Ensure all operational financial requirements and deadlines are met by the team. Manage payroll, ensuring accurate and timely staff payments and compliance with HMRC and pension bodies. Oversee the curriculum resources function, including timetabling, budgeting, and course costing. The Successful Applicant Qualifications
Degree level qualification or equivalent Recognised professional accountancy qualification (ACA, ACCA, CIPFA, CIMA) Formal leadership training Knowledge/Skills
Knowledge and experience of Further Education funding and finance (ideally) Proven track record of success in a similar role Sound knowledge and experience of financial processes and systems Attending and making presentations at formal meetings Interpersonal skills to develop effective working relationships with senior managers and staff Expertise in the use of Excel Ability to assess situations and act on own initiative effectively Excellent numerical and reporting writing skills Up-to-date technical knowledge Experience
Leadership experience in a similar-sized organisation Preparation of financial statements for audit Budgeting and management account reporting Experience in managing teams, including finance Working to and meeting deadlines Personal Qualities
Work well under pressure Good communicator Consultative Effective Influencer Keen to learn and develop Commitment to Equality and Diversity Commitment to safeguarding and promoting the welfare of all our learners What's on Offer This excellent opportunity to help financially steer this vibrant organisation through its next chapter through innovative financial management, ensuring the College's continued success. Apply now and become a key player in shaping our future. A competitive salary in the range of £65,000 - £75,000 per annum A supportive and collegial working environment The opportunity to contribute to the financial sustainability of a reputable educational institution The chance to develop and implement financial strategies that support the organisation's mission Benefits include LGPS pension ( roughly 10%/27% employee/employer) and 45 days annual leave (including BH) We encourage all suitable candidates to apply ASAP for this rewarding Finance Director role in the not-for-profit sector based in Basingstoke. Interviews to take place on the 11th of February.
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Serve as a role model of excellence and professional conduct. Provide positive leadership, fostering a supportive and innovative environment. Attend Board of Corporation meetings, offering expert advice and insights. Develop effective communication and promote teamwork across the College. Stay updated on best practices, offering professional advice to the Principal and EMT. Ensure compliance with Financial Regulations and College Policies. Identify and manage risks, reporting to the Principal as necessary. Engage in continuous professional development and review team performance. Represent the College on external bodies and participate in duty management rota. Specific Responsibilities as Director of Finance:
Provide strategic financial advice and direction to EMT and the Board. Oversee the annual business and budget planning cycle, including financial forecasts. Ensure compliance with statutory and external requirements, including auditors and HMRC. Maintain effective financial regulations and ensure user compliance. Manage relationships with auditors and recommend service appointments. Handle financial returns to the Department for Education accurately and on time. Manage diverse income streams and prepare audited financial accounts. Provide comprehensive financial reports to meet managerial needs. Ensure timely production of monthly management accounts and budget reports. Maintain and develop the College's finance system for efficient operation. Plan and implement a new finance system before the current one ends in 2029. Ensure procurement aligns with financial regulations and secures value for money. Offer guidance on VAT, PAYE, and taxation matters. Manage cash flow, ensuring operational needs are met, and surplus funds are invested securely. Maintain the College's register of fixed assets and inventory. Oversee the College's insurance coverage, including annual renewals and tenders. Management Responsibilities:
Ensure all operational financial requirements and deadlines are met by the team. Manage payroll, ensuring accurate and timely staff payments and compliance with HMRC and pension bodies. Oversee the curriculum resources function, including timetabling, budgeting, and course costing. The Successful Applicant Qualifications
Degree level qualification or equivalent Recognised professional accountancy qualification (ACA, ACCA, CIPFA, CIMA) Formal leadership training Knowledge/Skills
Knowledge and experience of Further Education funding and finance (ideally) Proven track record of success in a similar role Sound knowledge and experience of financial processes and systems Attending and making presentations at formal meetings Interpersonal skills to develop effective working relationships with senior managers and staff Expertise in the use of Excel Ability to assess situations and act on own initiative effectively Excellent numerical and reporting writing skills Up-to-date technical knowledge Experience
Leadership experience in a similar-sized organisation Preparation of financial statements for audit Budgeting and management account reporting Experience in managing teams, including finance Working to and meeting deadlines Personal Qualities
Work well under pressure Good communicator Consultative Effective Influencer Keen to learn and develop Commitment to Equality and Diversity Commitment to safeguarding and promoting the welfare of all our learners What's on Offer This excellent opportunity to help financially steer this vibrant organisation through its next chapter through innovative financial management, ensuring the College's continued success. Apply now and become a key player in shaping our future. A competitive salary in the range of £65,000 - £75,000 per annum A supportive and collegial working environment The opportunity to contribute to the financial sustainability of a reputable educational institution The chance to develop and implement financial strategies that support the organisation's mission Benefits include LGPS pension ( roughly 10%/27% employee/employer) and 45 days annual leave (including BH) We encourage all suitable candidates to apply ASAP for this rewarding Finance Director role in the not-for-profit sector based in Basingstoke. Interviews to take place on the 11th of February.
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