Assistant Finance Manager

Newham Council; London; On-site; GBP 52,000 - 56,000; Full time

Job summary

An established industry player is seeking dynamic Assistant Finance Managers to join their Corporate Finance Team. This role offers the chance to manage diverse financial responsibilities, from budget planning to monitoring, while supporting a transformative agenda. You will engage with various stakeholders, ensuring financial integrity and driving efficiency across processes. Ideal candidates will possess strong numerical skills and a CCAB qualification or be working towards one. If you're ready to make a significant impact in a supportive and inclusive environment, this opportunity is for you.

Qualifications

• CCAB qualified or actively pursuing a qualification is required.
• Strong numerical skills and ability to analyze data accurately.

Responsibilities

• Manage annual budget cycles and provide high-quality financial advice.
• Build relationships with stakeholders and monitor budget performance.
• Lead a new team in cash control and reconciliation processes.

Skills

Numerical Data Analysis

Budget Management

Financial Reporting

Stakeholder Engagement

Time Management

Presentation Skills

Education

CCAB Qualification

Job description

Assistant Finance Manager
£52,584 - £55,620 per annum
x3 positions

We are looking to recruit 3 x Assistant Finance Manager’s in the Corporate Finance Team supporting the following areas:

• Corporate Centre
• Transformation
• Cash Control

The Job Description includes generic details of the purpose and responsibilities of an AFM role. Please indicate which role you are applying for on your application.

Specific areas of responsibility for the Corporate Centre position include:

• Building strong working relationships with budget holders and other stakeholders across a diverse range of services.
• Managing the annual budget cycle for your allocated areas, from budget planning to monthly monitoring and closing of the accounts, providing high quality financial advice throughout.
• Supporting managers in the development of robust savings plans and incorporating these into the budget planning process, identifying and resolving any issues at an early stage.
• Proactive budget monitoring and reporting across both revenue and capital, working with services to identify risks and develop mitigating actions where necessary.
• Compiling high quality working papers to support balances, ensuring year-end adjustments are processed following relevant corporate guidance, timetables and legislation.
• Liaising with services to provide information for budget setting, monitoring and closing in accordance with the timetable set by Strategic Finance.
• Identifying instances where additional specialist financial help or advice may be needed and escalating or signposting accordingly.

Specific areas of responsibility for the Transformation position include:

• Building strong working relationships with the Transformation Team, managing the annual budget setting and monitoring cycle for this area.
• Supporting Newham’s ambitious transformation programme.
• Evaluating and challenging Business cases for our front line services, building effective relationships across finance to ensure cohesion and eliminate double counting and other potential conflicts within financial plans.
• Developing Benefits realisation methodology and reporting, drawing on finance and performance data to measure the effectiveness of the Transformation Programme.
• Driving efficiency and speeding up our operational processes.
• End to end redesign of key processes.

Cash Control position: We are looking for an individual experienced in cash control and reconciliations to lead a new team. This is an excellent opportunity for someone looking to move into their first management role.

• Delivering the day to day reconciliation process.
• Providing high quality advice to support the organisation.
• Driving efficiency and speeding up our operational processes.
• End to end redesign of key processes.

Qualifications:

• In order to apply, you need to be either CCAB qualified or actively working towards a qualification.

Knowledge and experience:

• Ability to work confidently and accurately with numerical data.
• Excellent written and oral/presentation skills.
• Excellent time management skills with the ability to prioritise workload.
• Ability to analyse data/information with a view to drawing logical and accurate conclusions.

Behaviours and personal qualities:

• Work in an agile way in line with a paperless and flexible work environment.
• Customer service focus.
• Working as an effective member of a team.
• Able to adapt and play a leading role in cultural and process change.
• Able to confidently present financial information in a meaningful way to a specific audience.

Please view JD here.

Closing date: 5th January 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, that’s 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.

Please attach your supporting statement, explaining in no more than x2 A4 sides why and how you meet the criteria for this role.

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 here.