Finance Business Partner - Harlow, United Kingdom - BMAT Trust

BMAT Trust
BMAT Trust
Verified Company
Harlow, United Kingdom

3 weeks ago

Tom O´Connor

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Tom O´Connor

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Description

JOB DESCRIPTION

Finance Business Partner

REPORTS TO:
Senior Finance Business Partner

Band 6, Starting Salary Points £43,516 to £49,590) plus Outer Fringe


PAYSCALE:
allowance

LOCATION Trust Office, travel to schools when required

37 hours, Full time, 52 weeks per year. Flexible working pattern to meet the


TERMS:
demands of the role as agreed with the Trust


CONTRACT:
Permanent


PURPOSE OF THE JOB

  • Provide finance management, support and guidance to Finance Team, Teachers, Heads and Academy Leadership Teams
  • Management of allocated monthly financial reporting, budgets and monthly payroll
  • Work closely with relevant HR Business partner, ensuring the Finance and HR functions provide a combined service to the MAT
  • Pursue cost effective and shared resources, including develop and implementation of local objectives, systems, processes relating to Finance and best value for money
  • Present clear and concise financial information both verbally and in written form and ensure that academies follow Trust policy, the Academy Finance Handbook, management and audit reports, scheme of delegation and other finance policies and procedures
  • Management of audit workbooks and internal control to enable a consistent approach to information required by internal and external auditors
  • Lead and maintain financial oversight of any other allocated core functions as appropriate, building relationships with key individuals who manage these functions day to day.

Liaison with:


  • Trust Finance Staff, Executive Heads, Academy Budget Holders, Auditors, ESFA, external organisations and other stakeholders

KEY RESPONSIBILITIES AND ACCOUNTABILITIES

This list is not exhaustive, but includes:

Support to existing academies:


  • Work closely with the Senior Finance Business Partner and Head of Finance in managing direct Team, and other areas of Finance as needed
  • Review and provide financial support to the finance staff, ensuring monthly accounts, forecast outturn and reports are accurate and timely
  • Review all Monthly reports Revenue and Capital and submit to the Finance Leadership team
  • Maximise grant funding from the Education Skills and Funding Agency (ESFA) and local authorities and interpret local authority and academy finance as appropriate
  • Offer systems and accounting support to BMAT Academies identifying and implementing region synergies in consultation with the Central Finance Team
  • Contribute to the strategic direction of BMAT Academies and assist Budget Holders develop financial plans, linking to ESFA guidelines and other sources of information including the parameters set by BMAT
  • Support Academies with the preparation of the monthly management accounts, forecasts, internal control checklists, audit work books and other financial and nonfinancial reports. Explain all significant variances and compliance issues to all relevant stakeholders, in accordance with agreed timetables
  • Assist with the development and implementation of robust systems to manage budgets, supporting the
Trust and Executive Heads to ensure that spending remains within agreed limits.

  • Ensure that Academies are compliant with group policies, account processing and reconciliations are performed as directed by BMAT
  • Partnership development as needed with Academies and Support functions.
  • Support and manage academies external audit data collection requirements and internal audit / responsible officer visits and reporting, answering all queries in a timely manner, and supporting suggested improvements.
  • Take a lead in key financial projects and improvement Initiatives.
  • Working flexibly across the designated academies, building good working relationships with Head Office,
Academy finance staff and Executive Heads. Investigating better ways of working and introducing measures to improve systems and achieve economies of scale where possible.


New Academies responsibilities

  • To assist in the preparation of budgets for new BMAT Academies within the area, if appropriate
  • To ensure all financial aspects of opening new academies are completed including ensuring appropriate contracts are transitioned / signed up for, setting up BMAT systems, and completing other financial aspects relating to opening a new academy
  • Providing postopening support to new academies, ensuring accounts, forecasts and reports are accurate and timely. This will also include reviewing all internal control documents to ensure they are complete and accurately reflect the control environment of the academy.

General Administration

  • Filing and Electronic Filing and maintaining of office records and responsible for archiving
  • Such other duties of an administrative nature as may be required by the Finance team
  • Any reasonable request made by the Finance Leadership team
  • All staff have a responsibility for the safeguarding and promotion of wellbeing of all pupils
  • Health and physical capacity for the post

General

  • To participat

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