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Assistant Finance Manager

Employer
UNIVERSITY OF EAST LONDON
Location
Docklands, United Kingdom
Salary
£33,661 inclusive of London Weighting
Closing date
13 Aug 2024

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Location
Docklands Campus

Salary
Starting from £33,661 inclusive of London Weighting

Post Type
Full Time

Post Type
Fixed Term

Contract End Date
Friday 31 October 2025

Closing Date
Tuesday 13 August 2024

Interview Date
To be confirmed

Reference
1946-24-PS

Founded in 1898, we at the University of East London (UEL) are proud to change lives through education. Our goal is to advance industry 5.0 careers-first education and provide a clear path to the jobs and opportunities of the future. We’re committed to driving diversity in the 5.0 talent pipeline, working in partnership to promote talent wherever it is found and creating a balanced, inclusive, and green future.

But we can't achieve this goal alone. We need forward-thinking, innovative, and curious individuals like you to join our community and help us craft our future. As part of our team, you'll have the opportunity to work with a diverse range of people who share your passion for creating positive change. We’re an inclusive and welcoming community that is constantly moving forward, never satisfied with the status quo.

THE Department

 

The Financial Management team is responsible for reporting monthly income and expenditure to budget holders, senior executives, the Board, and its committees. They provide advice, support, and training to budget holders on managing financial performance, as well as budgeting and forecasting in-year income and expenditure while implementing long-term financial strategies aligned with regulatory purposes. The team completes regulatory returns such as the Annual Financial Return and TRAC returns, liaising with bodies like the OfS, ESFA, and NCTL. Additionally, they offer commercial support to budget holders and senior executives, including costings for new courses, partnerships, business cases, financial terms in agreements, and financial due diligence on partners. They also maintain processes, reporting structures, and reports within finance systems for management reporting.

About the Job

This role is responsible for supporting the delivery of the Financial Management team departmental responsibilities:

 

  • Confirming that monthly income and expenditure, budgets and forecasts, and returns, are timely, accurate and robust
  • Ensuring that advice is accurate and gives a clear view of issues, risks and required actions
  • Collaborating with budget holders in understand the scope of their budgets and provide support with financial performance and taking action to address any issues and risks [AFM – Schools, AFM – Services]
  • Supporting with the reporting of regulatory returns and financial analysis / reviews are accurate, timely and robust and clearly communicate the correct message [AFM – Reporting and Commercial]
  • Support with systems and ensuring that processes are used efficiently and effectively.
  • Ensuring that objectives and priorities are agreed with the Senior Finance Manager

Processes and Systems

  •  Assist in managing changes to structures in Agresso to ensure robust reporting that facilitates financial accountability, value added analysis and efficient, compliant statutory and regulatory reporting, liaising with Finance Systems as appropriate
  •  Support the effective working of the Agresso FIC reporting tool, Excelerator self-service and management reports by providing budget holders with training and support  
  •  Monitor all processes and systems used by the Financial Management team for effectiveness and efficiency and propose remedies for any deficiencies or suggest any improvements 

Other

  •  Keep aware of HE sector developments including through BUFDG and sector media
  •  Contribute fully to the wider Financial Management team
  •  Act as an ambassador for the wider Finance function, ensure that other finance department heads are aware of and are resolving any issues that come to light
  •  Other duties as required 

About You

The person specification for the role requires a part-qualified CCAB or CIMA candidate, or an AAT-qualified individual seeking to become CCAB/CIMA qualified. Essential knowledge and experience include management accounting, financial budgeting, and forecasting. The candidate must be able to handle deadlines and work under pressure, work flexibly as part of a team, and communicate messages clearly and concisely to a varied audience. Additionally, they should have experience working with budget holders outside of finance and possess the ability to negotiate with and influence peers.

Benefits Package

Here at UEL we understand it’s about more than just a salary. It’s about the entire package on offer along with our outstanding work environment and inclusive culture. We know the market rates for this vacancy and will offer a genuinely competitive salary DOE.

We care deeply about your wellbeing and our benefits includes: 20% pension (4% from you, 16% from us), 25 days holiday, plus 3 days over Christmas and bank holidays, and we’re always open to consider flexible working arrangements. We have a discretionary and non-contractual shared success bonus scheme with a value of up to £5,000 in the 23/24 academic year, subsidised gym membership, 3 times base salary life assurance, a cashback healthcare scheme and wide variety of other generous benefits including discounts on: Apple and Samsung products, holidays, clothing, fitness, lifestyle, dining out and weekly shopping.

Equal Opportunities

UEL is an inclusive equal opportunities employer and are proud of our Equality, Diversity, and Inclusivity achievements, including: zero gender pay gap, members of Stonewall and have won Athena Swan awards. We expect all employees of UEL to accept our EDI policy and will not tolerate discrimination in any form.

So, if you’d like to take your career to the next level with us here at the University of East London and are inspired by our environment and committed to success, we want you to apply today!

Further Details

Job Description & Person Specification

To contact the recruitment team please phone +44 20 8223 3000 x 4600 or e-mail hrhub@uel.ac.uk

CVs without a completed application form will not be accepted.

At UEL we are committed to working together to build a community which values diversity in both our staff and student populations, is representative and inclusive, enabling all to progress and thrive.

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