Finance Manager

Job Description

I am working with a Government Department based in Newcastle who are looking for an experienced Finance Manager for 12 months.The role is full time, to start ASAP and paying £500 Umbrella per day. The role is in scope of IR35.You will be required in the office 2 days a week, the rest from home. Job purposeThis role leads on Treasury management of the Agency ensuring c.£6bn expenditure and £3bn income is appropriately managed. Insufficient cash reserves would cause a significant disruption to the Agencys delivery of strategic objectives.The organisation is required to submit cash requirements that feed into treasury management forecasts across government as a whole. Each day, payments and receipts are monitored and forecasts are tracked in order to ensure sufficient cash exists to make the remaining forecast payments. This role requires a strong understanding of the Agencys core delivery activities and in year performance to assess short and medium term treasury implications.This role tracks all the cash transactions, engages with the business to understand ongoing cash requirements and manages the cash forecasts. Key accountabilities and responsibilities1. Daily analysis of cash profile projections to ensure demands for cash can be met. 2. Lead management of the Agency cash ensuring c.£6bn expenditure and c.£3bn income per annum is appropriately managed. 3. Management of cash drawdown requirements through GIA and M+1 returns to MHCLG highlighting any potential risks to delivery and providing proactive explanation of variances where surplus cash arises. 3. Lead analysis of performance against daily and monthly forecast submissions. Lead strategic in-year performance discussions on a monthly basis to review performance, understanding where variances are genuinely unavoidable or where learnings could be applied and delivering recommendations to improve the accuracy of future forecasting. Educating colleagues on the importance of accurate cash accuracy and the implications of over/understating GIA and M+1. 4. Analysis and challenge of cash forecasts with promotion of forecast improvements and best practice where necessary/possible 5. Take the lead on reviewing and implement improvements to the cash management processes and performance 6. Produce monthly and quarterly review reporting to the Finance Director which is then summarised in ELT Quarterly reporting. 7. Work closely with DES/delivery teams to ensure they are kept up to date on any changes in payments and receipts. Ensuring sufficient cash is held at all times, raising emergency GIA where necessary, ensuring MHCLG are kept up to date on any potential additional claims as soon as possible to enable efficient management of public funds. 8. Ensure there is sufficient backup to cover tasks when out of the office ensuring all processes documents are accurate and kept up to date 9. Support the organisation around cash considerations for new programmes 10. Perform trend analysis to improve the accuracy of the 7 day forecastKey skills and knowledge * Qualified accountant or equivalent experience Essential Skills/Experience: * Diligent approach, eye for detail and strong analytical skills (including Excel) * Dealing with high volume, high value transactions * Ability to analyse and present complex data* Knowledge of relevant systems and controls * Technical accountancy knowledge * Relevant experience in public/private sector * Experience in a multi-site processing environment * Property/housing sector experience Please only apply if you have all the essential criteria as mentioned above and are able to start on no more than a weeks notice.Thank youCharlotteEden Brown Synergy is an equal opportunities employer.