Financial Controller

Job Title :	Financial Controller
Organisation :	Lambeth Living Limited
Division :	Resources
Business Unit :	Financial Control
Grade :	PO8
Responsible To :	Director of Resources
Responsible For:	Principal Accountant (P04) Project Accountant (P03) Finance Officers (S01) x 3

Main Purpose of the Post:

1. To manage the annual preparation of the company's revenue and capital budgets.
2. To manage the production of the company's annual statutory accounts and financial returns.
3. To manage the preparation of the company's three year financial plan ensuring full account is taken of the London Borough of Lambeth (LBL) HRA Business Plan and Housing Strategy.
4. To act as the principal financial contact between the company and LBL on income and expenditure delegated to the company.
5. To monitor and report on expenditure and income against all the company's revenue and capital budgets.
6. To co-ordinate and manage management fee income receivable from the company's parent organisation, LBL.
7. To provide budgetary and other financial information and advice with respect to corporate accounting issues.
8. To provide support to the Director of Resources in meeting the needs and requirements of the Chief Executive and the leadership team.
9. To ensure strict compliance with company's financial regulations and procedures throughout the company.
10. Ensure compliance with the company's responsibilities contained in the Sixth Schedule of the Management Agreement with the LBL.
11. Develop and maintain the company's value for money strategy and lead on the delivery of the value for money action plan.
12. The named deputy for the Director of Resources on all divisional matters.

Key responsibility areas:

1. Act as principal point of contact with the finance section on all matters relating to corporate accounting and finance.
2. Manage the finance function so as to ensure corporate and LBL timetables for completion of final accounts and budget preparation are met.
3. To contribute to the delivery of improved cost effectiveness of services by improving income generation, productivity and other means of expenditure reduction.
4. To co-ordinate of the financial planning process for the company.
5. To maintain and develop the integrity of the company's general ledger and financial reporting systems.
6. Ensure that the company's bank account is fully reconciled and reviewed whether undertaken by directly managed staff or by the Financial Operations section of LBL.
7. Determine and co-ordinate and performance manage the work of the team members including the following activities:
   • Revenue budget preparation
   • Annual rent setting process
   • Budget allocation
   • Final accounts
   • General ledger processing
   • Project accounting
   • Statistical, benchmarking and other returns
8. Liaise with the company's and LBL's external and internal auditors to ensure that an effective and independent audit of the Company's activities is carried out.
9. To be responsible for the continuous development of the company's systems and processes for accounting and managing income and expenditure in accordance with best practice.
10. To lead on the development of key relationships for the finance service e.g. treasury, LBL Council's system team, LBL Finance teams
11. Represent the Division at meetings as directed by the Director of Resources.
12. Develop positive and pro-active relationships with the company's executive and non-executive directors ensuring priorities agreed by the Lambeth Living Board and its sub-committee are proactively addressed.
13. Exercise staff management responsibilities by:
    1. a.Providing leadership, guidance, advice, support and supervision, including identification of training needs and ensuring the needs are met;
    2. Planning, allocating and reviewing work in order to maximise effectiveness.
    3. Managing the selection and appointment of staff
14. Observe all health and safety rules and guidance and to take all reasonable care to promote the health and safety at work of yourself and your fellow employees.
15. To promote a customer service ethos within the team when interacting with internal and external stakeholders.
16. Follow all procedures and guidance for maintaining the security and confidentiality of: people, information, premises, equipment and software at the company.
17. 11.As a manager of people at work ensure the company's policies and practices are followed on equal opportunities, health and safety, training and performance development, communications and staff conduct and to take responsibility appropriate to the post for tackling racism and promoting good race, ethnic and community relations.
18. Undertake other accountabilities within the scope of the post as required

Person Specification

It is essential that in your written application you give evidence or examples of your proven experience in each of the Shortlisting Criteria marked with an "E"

Attributes	Activity	Shortlisting Criteria
Key Knowledge	K1 Recognised CCAB qualification., preferably five years post qualification relevant financial accounting experience in a local authority or similar public sector organisation. E K2 A proven track record of success in operating in a similar role. E K3 Evidence of success in building and forming relationships across professional and operational boundaries within an organisation and with external suppliers/providers. E K4 Knowledge of computerised financial information and other accounting systems and understanding their interfaces. E
Relevant Experience	E1 Experience of line management in a medium or large sized organisation environment.   E2 Experience of providing financial advice to senior non-financial managers E E3 Experience at a senior level of financial control E E4 Experience in the use of computerised financial systems E
Key Competencies	SM1 Leading and Inspiring Establishes a clear vision for the organisation, empowering, guiding and energising staff, whilst inspiring other managers to 'lead' E SM3 Delegating Effectively Delegates clearly and fully, monitoring progress regularly and giving timely support where necessary E SM4 Negotiating and Persuading Successfully influences a broad spectrum of people, highlighting benefits, finding alternatives and gaining sustained commitment   SM6 Communicating in Writing Writes in a succinct and structured way, conveying clear messages and achieving a positive impact on adversity of recipients E SM8 Analysing and Evaluating Assimilates large volumes of information, identifies the key issues, spots patterns and trends and makes balanced judgments E SM9 Applying Business & Financial Acumen Manages the finances of the organisation effectively, ensuring best value is obtained within a context of keen commercial awareness E SM13 Resilience and Professionalism Embraces accountability, demonstrates ongoing resilience and the highest levels of integrity and professionalism E SM14 Creating Positive Change Established a culture of continuous improvement, initiating ideas, responding to change opportunities and maintaining momentum.   SM15 Creating Customer Centred Services Develops services which meet genuine customer needs, promoting a culture of involvement, listening and responsiveness   P17 Delivering Results Works hard, takes ownership and consistently meets or exceeds targets. E SM17 Managing Diversity Ensures systems are in place to resolve oppressive practices, promoting a positive recognition of differences and merit based opportunity.   SM18 Managing and Minimising Risk Establishes systems to create and sustain the safest possible environment for customers, self and staff. E

 

Successful candidates will be asked to apply for a Standard Disclosure from the Criminal Records Bureau.
Further information about the disclosure can be found at www.disclosure.gov

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