Statutory Finance Manager
Main purpose of post
- Manage the production and audit of Annual Accounts, Whole of Government Accounts and any associated work/accounts, ensuring timely submission to the relevant Department, liaising with relevant Departments and the NI Audit Office in relation to all financial returns and financial information required from the Council.
- Ensure that financial statements meet legal requirements, relevant accounting standards and Codes of Practice.
- Lead and develop a team of statutory finance officers to plan and implement the delivery of a high quality service to meet the needs of the organisation, following all internal policies and relevant legislation and regulations.
- Effectively manage the performance of staff by setting objectives, which will achieve the necessary results and support the continuous improvement of the service.
Main duties and responsibilities
- Production of Abstract and Whole of Government Accounts and all additional financial information to strict deadlines for submission to the relevant Department.
- Ensure the appropriate controls are in place to provide integrity of all data in producing financial statements.
- Put processes in place to complete accurate and timely control accounts, inter-company balances and grant claims that meet legal and other relevant authorities requirements.
- Liaise directly with internal and external auditors during an audit period, dealing with their queries in conjunction with the Financial Controller, producing any additional materials and implement recommendations where appropriate.
- Manage the production of statutory returns.
- Transmission of both electronic transfers and BACS payments.
- Ensure that effective systems and procedures for financial administration are in place.
- Update the Council's financial policies and procedures to include internal audit recommendations and changes in legislation.
- Support and advise Heads of Service and line managers in their operational financial responsibilities.
- Assist the Financial Controller to implement and monitor control systems to ensure accurate processing and reconciliation of transactions in all relevant ledgers including trading units and action as appropriate.
- Assist in the preparation of revenue estimates.
- Provide financial support and advice as requested by the Financial Controller or other senior finance staff, to include special projects and assignments.
- Assist the Financial Controller to put in place effective internal financial controls throughout Council, covering:
- codified guidance;
- budgetary systems;
- management review and monitoring;
- physical safeguards;
- segregation of duties;
- accounting procedures;
- information systems; and
- authorisation and approval processes.
- Participate in cross service and inter-departmental working groups as and when directed
- Assist the Financial Controller with the provision of financial and performance information to members of the public and a range of stakeholders.
- Complete FOI requests as required.
Hold a professional qualification with a recognised accountancy body
Be able to demonstrate, by providing personal and specific examples, a minimum of 3 years' experience in a finance function, to include 2 of the following areas:
- Managing the successful production of accounts in a large organisation in accordance with relevant legislation and statutory requirements and under current Accounting Standards practice & guidance;
- Managing the successful completion of statutory returns;
- Successful management and development of a team.
Successful candidates will be required to work 37 hours per week, Monday to Friday. Given the nature of their duties, the post holder will be expected to work outside of these hours at weekends, evenings and public holidays as dictated by the needs of the service.