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About the Role

The Principal Finance Officer will provide business-focused strategic financial advisory and support services in the assigned area. The post holder will be required to provide financial and performance data, financial advice and support, and support the closure of the organisation’s accounts. The post holder must be able to apply their technical knowledge, and their knowledge of systems, processes and best practice to provide support to services, the Finance service and other stakeholders. They will provide the organisation with a comprehensive technical accounting service in accordance with its corporate financial policy and practice, and all relevant statutory and regulatory guidance.

Responsibilities

Supporting the provision of customer-focused accountancy and financial management services as per the business partnering model approach.
Providing support for the annual budget setting and medium-term financial planning processes.
Assisting with the preparation of detailed revenue and capital expenditure and income budgets that meet corporate and departmental objectives.
Supporting the efficient and effective provision of a comprehensive financial management function, including all aspects of the annual estimates process, budget maintenance, monitoring and control.
Supporting the preparation, analysis and provision of accurate financial management information, including budget monitoring reports and forecasts, promptly highlighting any risks and trends, in line with the council’s policies and procedures.
Assisting with the efficient and timely completion of specific tasks within the annual closing of accounts process and ensuring that information presented in the financial statements complies with the CIPFA Code of Practice and reporting standards.
Supporting effective liaison with external and internal audit through the Chief Accountant.
Completing statutory and other returns, supported by clear and appropriate workings, in line with statutory requirements, and liaising with government departments and agencies as required.
Represent Finance within the organisation.
Communicate with officers, elected members, partner organisations, members of the public, service users and other relevant stakeholders.
Work with colleagues across the organisation, the external auditor, internal auditors and the organisation’s external partners.

Requirements

Part or Fully qualified Accountants preferred: AAT, ACCA, CIMA, CIPFA and ACA.
Satisfactory employment references.
Satisfactory declaration of interest.
Satisfactory DBS check.

Skills

Financial and performance data provision
Financial advice and support
Account closure support
Technical accounting knowledge
Systems, processes, and best practice knowledge
Customer-focused accountancy and financial management services
Budget setting and financial planning
Revenue and capital expenditure and income budgeting
Financial management function
Budget monitoring and control
Financial management information preparation and analysis
Liaison with external and internal audit
Statutory and other returns completion
Communication with stakeholders
Collaboration with colleagues and external partners

Location

London Borough of Waltham Forest

Work Type

Full-time

Education Level

Part or Fully qualified Accountants preferred: AAT, ACCA, CIMA, CIPFA and ACA.

Salary/Compensations

£45,749 - £49,506.02

Benefits

Healthy, fair and inclusive workplace
Fair pay and conditions
Workplace well-being
Skills and progression
Diversity and recruitment
Flexible working options

About the Company

Bursting with culture, energy, and opportunity, the London Borough of Waltham Forest is a fantastic and exciting place to work.
We are a highly ambitious borough. Driven by culture and the innate creativity of our residents, we have developed new and innovative ways to build our communities.
Our Council is relentlessly resident-focused, insight-led, digitally driven and commercially minded; a Council focused on meeting the needs of our existing and future residents.
London Borough of Waltham Forest is one of the Mayor of London’s Good Work Standard employers. This accreditation is a proof of our commitment to creating a healthy, fair and inclusive workplace.

Equal Opportunity

Waltham Forest is a diverse borough where diversity is valued and is integral to both, service delivery and employment of its staff.
The Council is proud of its rich mix of communities and as the largest employer in the area, it works hard to respond to the changing needs of its population.
We use our statutory duties on race, gender and disability equality and best practice in respect of age, faith and sexual orientation to ensure equality of opportunity in the workplace.
The Council is committed to meeting its 4 equality objectives: - Promoting equality of opportunity - Opposing all forms of discrimination, intolerance and disadvantage - Ensuring our workforce reflects the diverse communities of Waltham Forest at all levels. - Providing fair, appropriate, accessible and excellent Services to all.
Respecting Diversity is a core Council value.
To support the above and reduce the risk of bias in its recruitment activities, the council is operating an anonymous shortlisting process, which hides personal information that can identify individuals until their application has been considered for shortlisting.
The council also operates a scheme whereby, for jobs graded up to and including scale SO2, internal candidates are considered first.
This includes those candidates who self-identify as having a disability for the purposes of the Disability Confident scheme.
We are keen to support employees to balance their working life with other commitments.
Wherever possible, we will consider working arrangements that suit an individual's personal circumstances whilst still meeting the needs of the Council.