Head of Budget&Reporting

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                                                      HEAD OF BUDGET AND REPORTING

Reports to: Director of Finance

Purpose:

The purpose of this role is to ensure effective financial and management accounting across the organisation by the management and development of financial controls and systems within the Finance department and across the organisation the preparation, development and analysis of management accounting and other financial and reporting information the provision of high quality support and advice services to budget holders, managers, and other staff.

Job Description:

Main duties and responsibilities

• Run the month end process for costs and make sure all deadlines are met. 
• Provide commentary and analysis of costs against Budget and latest forecast.
• Run the monthly forecast process for costs and make sure all deadlines are met.
• Provide commentary and analysis of costs against Budget and previous months forecast. 
• Provide details of Risks and Opportunities for costs to ensure that are able to manage the expectations of its shareholders.
• Analyse CAPEX for the business and ensure that CAPEX stays within Budgeted targets.
• Provide analysis each month showing variances against Budget and latest forecast.
• Ensure that CAPEX is re-forecasted each month and provide analysis against previous forecast and Budget.
• Assist the business with the annual Budget process by engaging with Budget holders to deliver Budgets within targets. 
• Develop a process that collects the Budgets from the business along with bottom up drivers that support the budget for each nominal.
• Maintain the integrity of the internal control environment (SOX) around the month end process.
• Full balance sheet reviews on a monthly basis, look to continually improve balance sheet reconciliations each month. Follow up on queries. 
• Ensure that balance sheet accurately reflects current assets and liabilities of the relevant area of the business
• (i.e. accruals).
• Develops adequate policies, procedures and processes for the Cost Control function to maintain efficient operational excellence.
• Preparing cost trending & forecasting analysis for project costs, communicating these to all related parties, highlighting concerns and heeds, recommending necessary measures, actions and methods
• Preparing regular monthly reports and reviews of projects cost performance, providing all concerned parties with regular feedback and advice.
• Planning projects exploring potential problems or opportunities, ensuring that resources and staff are available to execute the project. Carrying out any necessary research, analysing it and concluding on that information.
• Developing and maintaining program and project reporting and management systems as required.
• Providing financial management support for the organisations activities.
• Ensuring projects perform against budget by providing financial and monitoring reports, analysing variances and addressing potential problems with budget holders and managers.
• Support the technology strategy of finance by assisting with implementations through testing of new systems.
• Support the technology strategy of the business by assessing the impact of changes in technology on finance.

General Staff Responsibilities:

• To work in harmony with the organisations vision and values;
• To promote and ensure compliance with the organisations policies;
• To work in a collaborative and entrepreneurial manner;
• To attend and undertake regular supervisions and annual performance appraisals;
• To manage and undertake training / professional development as necessary;
• To promote the use of technology and be self-servicing;
• To work as part of a team, supporting colleagues and communicating effectively with all;
• To encourage and support innovation throughout the organisation;
• To work in the most resource efficient and effective manner;
• Any other duties as may be required by the CFO;
• Person Specification;

The following are essential:

Experience:

• CIMA/ACA/ACCA or CIPFA qualification or qualified by experience;
• Minimum 3 years experience in a senior finance role thorough practical understanding of management accounting principals and techniques;

Skills:

1. First hand experience of planning, budgeting and forecasting
2. Knowledge of a variety of accounts packages
3. Knowledge of the financial systems and procedures
4. Familiarity with all Microsoft packages with advanced spreadsheet skills
5. The ability to motivate and manage a team
6. High degree of communication skills

Core Competencies:

1. Flexible and able to respond to change;
2. Solutions focused with a can do attitude;
3. Good communicator;
4. Effective team Worker;
5. Proficient in the use of modern business technologies;

Please be informed that only the candidates selected for the interviews shall be contacted. Name your CV in the following format (name [space] surname [space] CV). Be easily recognised!