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Finance Officer

South Bank Colleges

Posted 1 week ago, 18 May | Get your application in now before you miss out!

Closing date: Closing date not specified

job Ref: 95365a3d93a140dfac9689280cf28c7c

South Bank Colleges

Full Job Description

Join the dynamic team at South Bank Colleges as a Finance Officer. In this role, you will have the chance to actively engage with all members of staff within the college, within all tiers of the structure, making a real impact on the staff and student experience.

You will play a crucial role in supporting South Bank Colleges to achieve organisational goals.

We are looking for a committed individual who has experience of purchase ledger and payments or of processing payments and experience of analysing financial data and preparing reports.

We offer the successful candidate a supportive environment where you will be stretched and challenged throughout your career at South Bank Colleges.,

To control the College bank accounts; undertake daily bank reconciliations and to ensure that all items appearing on bank statements are identified and posted accurately and promptly and problems resolved, to ensure banking software links directly with college accounting systems.

To prepare the cashflow forecast daily and ensure the cashflow forecast is accurate. From the forecast inform managers of need for loan and other financing in a proactive manner.

To ensure all SLC student loans are managed and administered (including reconciliation to MIS system) on a regular basis.

To lead and monitor invoicing and collection of tuition fees and fee remissions (Learner Support Fund), including the management of direct debits for tuition fees,

To lead and monitor all other College invoicing and its associated debt recovery process,

Perform monthly audit checks for tuition fees. Report discrepancies to Customer Services and MIS to ensure accurate student's debtor balances on the college's systems.

Responsible for debt recovery for all income streams including management of arrears and liaison with external customers.

To provide advice and support to staff across the college relating to all cash transactions.

To manage and monitor debts from students and local authorities; arranging tuition payment plans for students under financial difficulties alongside the Student Services department.

Responsible for all bank reconciliations.

To forecast year end invoiceable income figures based on activity to date.

Post general ledger journals in support of management accounts production.

To assist with variance analysis.

Candidate will hold Personal skills in English, Mathematics and ICT by holding Level 2 qualifications with a 5-year currency (or by undertaking initial assessments at job interview stage and by achieving Level 2 within one year of their appointment date as appropriate) and Part qualified AAT or equivalent (or part qualified plus experience)