Finance Manager

Finance Manager

Posted 2 days ago by Robert Half

£65,000 Per year
Undetermined
Undetermined
Edinburgh, Edinburgh

Summary: The Finance Manager role at a reputable education institution in Edinburgh involves overseeing the financial operations of the organization. The position requires expertise in financial policy, account maintenance, budgeting, and compliance with regulations. This role offers a dynamic environment where the successful candidate will significantly contribute to the institution's financial success.

Key Responsibilities:

  • Advise on general financial policy within the Institution;
  • Maintain the financial accounts of the Institution in accordance with the charities Statement of Recommended Practice (SORP) and UK GAAP;
  • Prepare the consolidated statutory annual accounts for the Institution, trading subsidiaries, and Alumni;
  • Prepare the annual budget in consultation with the Bursar;
  • Monitor income and expenditure in relation to budget and present termly management accounts to the Board of Governors;
  • Prepare students' bills and collect all fees and extras;
  • Pay all salaries and wages, including PAYE, Superannuation, National Insurance Contributions, and ensure compliance with regulations for P11D benefits in kind and PAYE settlement agreement;
  • Administer pension schemes for both teaching and non-teaching staff;
  • Scrutinise and pass for payment all invoices received in the Institution;
  • Keep statistical records;
  • Prepare forecasts for the future financial performance of the Institution;
  • Advise on bursary funds and administer the assessments of income and assets prior to making bursary awards in conjunction with external advisors.

Key Skills:

  • Professional Qualification: CA/ACCA/CIMA qualified;
  • Excellent communication skills with strong interpersonal abilities;
  • Proactive approach to identifying and implementing process improvements.

Salary (Rate): 65000

City: Edinburgh

Country: United Kingdom

Working Arrangements: undetermined

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Other