Job Details
London borough of hillingdon are looking for an Finance business partner To work alongside a Service Directorate management team within one of the four Operational Finance teams, three of which provide a full range of financial direction, support and guidance to one of the Council’s Directorates and one which provides cross-cutting support on capital and transformation.
- To support the Directorates’ Senior Management and their budget managers to deliver their budget management responsibilities. The post holder will be required to translate complex financial data to non-financial stakeholders and effectively challenge senior managers, in ensuring robust financial management of each business area.
- To provide direct financial support to the Directorates to enable them to develop their strategic financial plans and ensure that the future needs of the service are reflected in the Council’s medium term financial forecasts. To support the Finance managers in the provision of high-quality financial advice and accurate and timely financial information to Corporate Directors, Heads of Service and budget managers across the Directorates through day-to-day management and coordination of a service finance team
- To work closely with the Senior Managers within the Directorate so that they are fully informed of the financial position and risks for their services and take the necessary actions to stay within budget.
- Ensure that officers and Members are provided with high quality financial advice and direction on financial strategies, policy, standards, and practices, enabling service Directorates to make timely and well-informed strategic and operational decisions in the knowledge of the impact those decisions will have financially on the Council.
- Understand the business of the service Directorate and the customer’s needs and provide a finance service that adds value.
- Support the delivery of productivity, efficiency improvement and cost reduction plans within the service Directorate, including change programmes and cross-cutting projects, and the identification and securing of new funding streams.
- The post holder will also be responsible for identifying financial issues within the service Directorate that require attention and seek resolutions to areas of financial concern to ensure expenditure and income is contained within the Budget.
- To develop and support improvement projects within the Directorate from a finance perspective.
- To support the Directorate Head of Finance in ensuring that each Directorate complies with Financial Standing Orders and all other financial policies and procedures as directed by the Chief Finance Officer. Key to the role will be working with a variety of stakeholders including elected Members, Corporate and Divisional Directors, and budget managers.
- To work with Strategic Finance colleagues as required to proactively support the production of strategic and medium-term financial planning information.
- To ensure that the statutory accounting requirements with respect to each Directorate are met and that legislative changes that may have financial impact on Directorates are covered.
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- To support the development and implementation of budget plans across the Directorate, within legislative requirements and in compliance with the Council’s policies, regulations and standing orders.
- To ensure the provision of timely financial information in support of Departmental and Corporate performance monitoring requirements and to corporate timetables.
- To ensure all purchasing and procurement is conducted in line with the corporate guidelines with appropriate use of the Council’s financial systems.
- To maintain high standards of statutory accounting and meet the Council’s statutory and professional requirements.
- To ensure that all financial systems within the Directorate are fit for purpose, link with our Corporate financial systems, meet statutory requirements and financial regulations.
- To play a key role in supporting the delivery of productivity and efficiency improvement and cost reduction plans within the service Directorate, supporting transformation change programmes, and identifying and securing new funding streams.
- To identify financial issues within the service Directorate that require attention and assist in the successful resolution of areas of financial risk and concern.
To ensure the service Directorate has considered and is managing financial risk and ensure there are adequate reserves and provisions, reporting exceptions to the Finance Manager as necessary.
Fully qualified Accountant – CIPFA, ACA, ACCA, CIMA or equivalent experience
£556.96 umbrella
