Assistant Finance Manager

Assistant Finance Manager
£52,584 - £55,620 per annum
x3 positions

We are looking to recruit 3 x Assistant Finance Manager’s in the Corporate Finance Team supporting the following areas, 

• Corporate Centre 
• Transformation
• Cash Control

The Job Description includes generic details of the purpose and responsibilities of an AFM role. Please indicate which role you are applying for on your application

Specific areas of responsibility for the Corporate Centre position include:

• Building strong working relationships with budget holders and other stakeholders across a diverse range of services
• Taking responsibility for managing the annual budget cycle for your allocated areas, from budget planning to monthly monitoring and closing of the accounts, providing high quality financial advice throughout
• Supporting managers in the development of robust savings plans and incorporating these into the budget planning process, identifying and working to resolve any issues at an early stage
• Proactive and effective budget monitoring and reporting across both revenue and capital that tells the story behind the numbers, working with services to identify risks and develop mitigating actions where necessary
• Compiling high quality working papers to support balances, and ensuring year-end adjustments are processed following relevant corporate guidance, timetables and legislation
• Liaising with services to provide information for budget setting, monitoring and closing in accordance with the timetable set by Strategic Finance
• Identify instances where additional specialist financial help or advice may be needed and escalate or signpost accordingly

Specific areas of responsibility for the Transformation position include:

• Building strong working relationships with the Transformation Team taking responsibility for managing the annual budget setting and monitoring cycle for this area.
• Supporting Newham’s ambitious transformation programme
• Evaluating and challenging Business cases for our front line services, building effective relationships across finance to ensure cohesion and eliminate double counting and other potential conflicts within financial plans
• Develop Benefits realisation methodology and reporting, drawing on finance and performance data to measure effectiveness of the Transformation Programme
• Drive efficiency and speed up our operational processes
• End to end redesign of key processes.

Cash Control position - We are looking for an individual who is experienced in cash control and reconciliations to lead a new team. This an excellent opportunity for someone looking to move into their first management role

• Deliver the day to day reconciliation process
• Provide high quality advice to support the organisation
• Drive efficiency and speed up our operational processes
• End to end redesign of key processes.

Qualification 

• In order to apply, you need to be either CCAB qualified, or actively working towards a qualification

Knowledge and experience 

• Ability to work confidently and accurately with numerical data. 
• Excellent written and oral/presentation skills. 
• Excellent time management skills with the ability to prioritise workload. 
• Ability to analyse data/information with a view to drawing logical and accurate conclusions. 

Behaviours and personal qualities 

• Work in an agile way in line with a paperless and flexible work environment.  
• Customer service focus 
• Working as an effective member of a team 
• Able to adapt and play a leading role in cultural and process change. 
• Able to confidently present financial information in a meaningful way to a specific audience. 

Please view JD here

closing date: 5th January 2025

Additional Information

We are committed to creating an inclusive, anti-racist environment for all. When you apply for a job at Newham, your application is considered on its merits regardless of your age, disability, ethnicity, faith, gender identity or sexual orientation. If you share our vision and values, and you bring the experience and skills we need, that’s all that matters to us.

The London Borough of Newham has important responsibilities for safeguarding and promoting the welfare of children, young people and vulnerable adults. If you are appointed to a job that involves working with these groups, you may be subject to a Disclosure and Barring Service (DBS) check.

Please attach your supporting statement, explaining in no more than x2 A4 sides why and how you meet the criteria for this role.

We practice anonymised recruitment. Please ensure that you remove all personal information from any documents that you upload.

The personal information we have collected from you will be shared with Cifas who will use it to prevent fraud, other unlawful or dishonest conduct, malpractice, and other seriously improper conduct. If any of these are detected you could be refused certain services or employment. Your personal information will also be used to verify your identity. Further details of how your information will be used by us and Cifas, and your data protection rights, can be found by https://www.cifas.org.uk/fpn.