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Title
Text copied to clipboard!Service Director Finance and Deputy Section 151 Officer
Description
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We are looking for a highly skilled and experienced Service Director Finance and Deputy Section 151 Officer to join our team. This role is pivotal in ensuring the financial health and statutory compliance of our organization. The successful candidate will be responsible for overseeing all financial operations, including budgeting, forecasting, financial reporting, and risk management. You will work closely with senior management to develop and implement financial strategies that support the organization's goals and objectives. Additionally, you will act as the Deputy Section 151 Officer, ensuring that all financial activities comply with relevant laws and regulations. The ideal candidate will have a strong background in finance and accounting, with extensive experience in a leadership role. You should be a strategic thinker with excellent analytical skills and the ability to communicate complex financial information clearly and effectively. A professional qualification in finance or accounting (e.g., ACCA, CIMA, CIPFA) is essential, along with a thorough understanding of public sector finance. This is a challenging and rewarding role that offers the opportunity to make a significant impact on the financial performance and sustainability of our organization.
Responsibilities
Text copied to clipboard!- Oversee all financial operations, including budgeting, forecasting, and financial reporting.
- Develop and implement financial strategies to support organizational goals.
- Ensure compliance with all relevant laws and regulations.
- Act as Deputy Section 151 Officer, ensuring statutory financial responsibilities are met.
- Manage financial risk and develop risk mitigation strategies.
- Provide financial advice and support to senior management.
- Prepare and present financial reports to the board and other stakeholders.
- Lead and manage the finance team, ensuring high performance and professional development.
- Coordinate with external auditors and regulatory bodies.
- Monitor financial performance and implement corrective actions as needed.
- Develop and maintain financial policies and procedures.
- Ensure effective internal controls are in place.
- Oversee the preparation of annual financial statements.
- Manage cash flow and liquidity to ensure financial stability.
- Conduct financial analysis and provide insights to support decision-making.
- Collaborate with other departments to ensure financial alignment with organizational objectives.
- Lead financial planning and analysis activities.
- Ensure accurate and timely financial reporting.
- Manage relationships with banks and other financial institutions.
- Stay updated on financial trends and best practices.
Requirements
Text copied to clipboard!- Professional qualification in finance or accounting (e.g., ACCA, CIMA, CIPFA).
- Extensive experience in a senior financial leadership role.
- Strong understanding of public sector finance.
- Excellent analytical and strategic thinking skills.
- Ability to communicate complex financial information clearly and effectively.
- Proven track record of developing and implementing financial strategies.
- Experience in managing financial risk and developing mitigation strategies.
- Strong leadership and team management skills.
- Thorough understanding of financial laws and regulations.
- Experience in preparing and presenting financial reports to senior management and boards.
- Ability to work collaboratively with other departments.
- Strong organizational and time management skills.
- High level of integrity and professionalism.
- Experience in coordinating with external auditors and regulatory bodies.
- Proficiency in financial software and tools.
- Excellent problem-solving skills.
- Ability to manage multiple priorities and meet deadlines.
- Strong attention to detail.
- Experience in financial planning and analysis.
- Ability to stay updated on financial trends and best practices.
Potential interview questions
Text copied to clipboard!- Can you describe your experience in a senior financial leadership role?
- How do you ensure compliance with financial laws and regulations?
- Can you provide an example of a financial strategy you developed and implemented?
- How do you manage financial risk within an organization?
- What is your approach to leading and managing a finance team?
- How do you communicate complex financial information to non-financial stakeholders?
- Can you describe your experience with public sector finance?
- How do you ensure accurate and timely financial reporting?
- What strategies do you use to manage cash flow and liquidity?
- How do you stay updated on financial trends and best practices?
- Can you provide an example of a time when you had to present financial reports to senior management or a board?
- How do you collaborate with other departments to ensure financial alignment with organizational objectives?
- What is your experience with financial planning and analysis?
- How do you handle multiple priorities and meet deadlines?
- Can you describe a time when you had to coordinate with external auditors or regulatory bodies?
- What financial software and tools are you proficient in?
- How do you ensure effective internal controls are in place?
- Can you provide an example of a financial risk mitigation strategy you developed?
- How do you ensure the professional development of your finance team?
- What is your approach to developing and maintaining financial policies and procedures?
