The Financial Controller line manages the Finance Assistant responsible for the Student Billing function.
The post holder will be responsible for the month end close down processes and timely production of the monthly management accounts pack. They will support the Finance Director for budget reporting, to standardise regular month end journal entries and to identify the critical tasks at month end. The Financial Controller is the most senior role in the Finance Bursary after the Finance Director and is expected to deputise for the Finance director when required.
Working closely with colleagues across the college the Finance Controller would support existing projects to integrate fully the sub ledgers relating to students, conference business, other transactions and the development office. The role ensures ensuring that processes linking the sub ledgers are robust, compliant with financial accounting standards, vat and internal controls.
The College operates in a complex VAT environment and uses the partial exemption method. The FC is responsible for ensuring that all transactions in the accounting system comply with current VAT regulations, for preparing the VAT return and keeping up to date with current VAT rules and changing College processes to maintain compliance.
The Finance Controller is responsible for developing and maintaining the annual financial timetable, ensuring all deadlines are clearly defined, appropriately allocated, and consistently met. This includes monitoring progress and adjusting workflows accordingly to ensure operational and statutory deadlines are met.
In addition to the Bursar and the Finance Bursary team, key working relationships are with the HR Department, Domestic Bursar, IT Manager, Conference Office, Principals Office and Development Office.