Assistant Finance Manager

Borough of Newham; Greater London; On-site; GBP 54,000 - 58,000; Full time

Job summary

A vibrant inner-city borough is seeking an Assistant Finance Manager to support financial management in various areas including Adults & Health and Housing. The ideal candidate will play a key role in promoting effective financial planning and delivering financial strategies for the council. This full-time position offers a salary range of £54,267 - £57,402 per annum and is focused on improving financial accountability and promoting innovative solutions across services.

Qualifications

• Minimum 2 years of relevant experience in the sector.

Responsibilities

• Support high-quality financial management across Adult Social Care and Public Health services.
• Assist in the preparation and monitoring of forecasts.
• Support delivery of the Councils Medium Term Financial Strategy and budget management regime.

Skills

Accounting Software

Time Management

Accounts Administration

Accounts Receivable

Accounts Reconciliation

Administrative Skill

Leadership skills

Accounting & Finance

Accounts Management

Communication

Analysis Skills

Relationship Management

Team Player Spirit

Budgeting Skills

Accounts Payable

Education

Full member of CCAB (preferably CIPFA) or part qualified; AAT equivalent

Job description

Assistant Finance Manager

54267 - 57402 per annnum

We are looking to recruit to three Assistant Finance Manager positions in the Finance Team supporting the following areas :

• Adults & Health
• Inclusive Economy & Housing
• Financial Strategy

Help Build a Fairer Newham

Newham is a vibrant inner-city borough in the heart of East London with excellent transport links to the rest of the Capital and South-East England. Home to the Olympic Park the Royal Docks and City Hall it is also one of the youngest and most diverse councils in the country with a mission to Build a Fairer Newham for all of its Residents.

The Councils Finance Department are now recruiting to the Assistant Finance Manager level for individuals who are looking for a fresh challenge or candidates with relevant experience looking to progress to the next stage of their career.

The Assistant Finance Manager will play a key role in improving financial management & control and accountability across the organisation and enable effective proactive financial planning. We have three roles available at this level all focussed on ensuring finance and organisational transformation is delivered efficiently and effectively at speed.

Youll support the strategic financial reporting or partnering activities of one of our front-line services. Whether your focus is on Adults & Health Inclusive Economy & Housing or within Financial Strategy youll be expected to fuse innovation effectiveness efficiency and sustainability into everything you do.

We are looking for innovative individuals who can lead by example and help build a sustainable highly effective service that delivers exceptional support for one of our front-line departments or the council as a whole.

Ultimately this is about making everyday life better for over 350000 people across the borough as well as millions of workers and visitors. Youll introduce more robust planning find new revenue streams and help us invest further in our resident-centric services.

The Job Description includes details of the roles purpose and responsibilities. Specific areas of responsibility include :

Adults & Health

• Support the delivery of high-quality financial management across Adult Social Care and Public Health services working closely with senior finance colleagues
• Assisting in the preparation and monitoring of forecasts for the Adult Social Care external placements budget through the preparation of large data sets.
• Supporting the development of financial models options appraisals and variance analysis to inform service planning.
• Contributing to the financial aspects of transformation projects within Adult Social Care.
• Working closely with the Adult Social Care Department to provide support of the budget monitoring and year-end financial process
• Conduct in-depth financial analysis into aspects of trend analysis and forecasts when required

Inclusive Economy & Housing

• Predominantly working with Housing Services to support their budget monitoring and budget management in particular relating to Temporary Accommodation
• Provision of professional financial and accounting advice to budget managers across the Housing General Fund service
• Support and challenge on MTFS savings delivery and potential resolutions where pressures arise
• Financial modelling of Temporary Accommodation income and expenditure including reconciliations and trend analysis to inform forecast options
• Reconciliation of Temporary Accommodation expenditure with the Northgate Housing Management System
• Monitoring and maintaining the various funding sources and maximising allocations in line with demand and expenditure
• Analysing the position on arrears and actively working with other services to find solutions to reducing the pressure

Financial Strategy

• Working within a small team to support development of the Councils Medium Term Financial Strategy and budget management regime.
• Modelling growth investments and savings for the medium-term financial strategy.
• Establish / Maintain key central finance methodologies and processes e.g. corporate recharge model Sales Fees & Charges Establishment pay model Collection Fund Government Grant Funding.
• Support scenario modelling in response to policy and funding changes.
• Support the annual budget setting process ensuring transparency and alignment with Council priorities.
• Support Coordination of Monthly Revenue Budget Monitoring including savings reserves and corporate funding.
• Analyse evidence-based options for savings and investment to inform Budget development.
• Support production of the outturn position and support in closing of accounts
• Collaborate across finance to improve systems budget monitoring and reporting.
• Providing Finance Support to the Transformation Team in development and delivery of the transformation programme to ensure potential savings are accurately defined and ultimately delivered and properly accounted for.
• Working with Budget Holders in Central Services assisting in the production of an effective budget plan within existing cash limits for the service; preparation and monitoring of forecasts; Supporting the development of financial models options appraisals and variance analysis to inform service planning; and supporting year-end financial process

An essential requirement of this role is for applicants to be a full member of CCAB (preferably CIPFA) or part qualified; AAT equivalent with relevant experience e.g. 2 years working in the sector.

For more information or for a confidential discussion please contact Hayley OBrien onor Nicholas Pyne on

If you are interested in this role please submit a supporting statement explaining in no more than 1 x A4 side on why you would like to apply. Please ensure you state a preference for the area you are interested in and note this will be based on suitability.

Please view JD here

Closing date

9th November 2025

Additional Information

We are committed to creating an inclusive anti-racist environment for all. When you apply for a job at Newham your application is considered on its merits regardless of your age disability ethnicity faith gender identity or sexual orientation. If you share our vision and values and you bring the experience and skills we need thats all that matters to us.

The London Borough of Newham has important responsibilities for safeguarding and promoting the welfare of children young people and vulnerable adults. If you are appointed to a job that involves working with these groups you may be subject to a Disclosure and Barring Service (DBS) check.

We practice anonymised recruitment. Please ensure that you remove all personal information from any documents that you upload.

The personal information we have collected from you will be shared with Cifas who will use it to prevent fraud other unlawful or dishonest conduct malpractice and other seriously improper conduct. If any of these are detected you could be refused certain services or employment. Your personal information will also be used to verify your identity. Further details of how your information will be used by us and Cifas and your data protection rights can be found by

Same Posting Description for Internal and External Candidates

Required Experience

Manager

Key Skills

• Accounting Software
• Time Management
• Accounts Administration
• Accounts Receivable
• Accounts Reconciliation
• Administrative Skill
• Leadership skills
• Accounting & Finance
• Accounts Management
• Communication
• Analysis Skills
• Relationship Management
• Team Player Spirit
• Budgeting Skills
• Accounts Payable

Employment Type

Full-Time

Experience

years

Vacancy

1

Monthly Salary Salary : 54267 - 57402