Regional Finance Manager - (11/24 PTA) at Foreign, Commonwealth & Development Office

Main purpose of job:

• To undertake a wide range of financial management and planning duties on behalf of a number of Offices in the region. This will include the monitoring of budgets and forecasts, acting as the first line of financial support and compliance, plus reporting issues back to Finance Business Partners in the UK.
• Individuals will also be expected to analyse the balance sheet accounts for the Offices in the region and ensure information is accurately and effectively reported. 

Roles and responsibilities / what will the jobholder be expected to achieve?:

BUDGET MANAGEMENT

• To monitor and process the budgeting, forecasting and reporting (including exception reporting) for a range of offices in the region. 
• Liaise with individual Posts and Finance Business Partners in the UK and consolidate information across a region to monitor trends and variances.

FINANCIAL MANAGEMENT

• Ensure robust financial management practices and issues resolved appropriately within agreed timescales.
• Analyse the balance sheet accounts in your respective region and ensure information is accurately and effectively reported.
• Identification and analysis of contingent liabilities, provisions, changes in pension’s liabilities and monitoring by exception creditors and debtors.

CASH MANAGEMENT/PROFILING

• Provide cash forecast for each Office within the Region in advance of each Financial Year.
• Work with Offices to ensure cash management is accurately reported and processes are adhered to [including Other UK Government Departments who may be present]. 
• Ensure that offline office accounts are submitted on time to Corporate Services Centres located in Manila.

REGIONAL PROCESS MONITORING

Operationally, ensure consistency of application of policies and financial processes within the region by:

Liaison with and notification to, overseas:

• Posts
• Finance Business Partners
• Debtor management
• Creditor management
• Balance sheet management
• Processing Centre Management of identified risks/provisions/contingent liabilities
• Fixed Asset verification, management, and accounting
• Use of Hera system to prepare and promote budget & forecast information
• Monitoring Key Performance Indicators
• Spend & cost driver Analysis [liaising with Procurement & HR colleagues
• Assist with business planning
• Chart of Accounts usage

Essential qualifications, skills and experience 1 

• B Com (Accounting) degree or  B Com (Financial Management) Degree or
• B Tech Accounting or Cost and Management Accounting Degree
• Minimum 3 years experience in Accounting and/or Finance
• Reporting, Budgeting and forecasting
• Advanced excel and analytics skills

Desirable qualifications, skills and experience 1 

• Part ACCA / CIMA / CA(SA)