Finance Manager Corporate & UK Full-time, Permanent appointment Oxford, UK SAE is part of the Navitas Group, which is a diversified global education provider that offers an extensive range of educational services for students and professionals including university programs, language training, workforce education and student recruitment. SAE Institute is looking for a Finance Manager to drive successfully SAE Corporate and SAE UK. The Finance Manager. The Finance Manager will be responsible for establishing and maintaining financial policies and management information systems, as well as liaise with the management team on aspects of the financial management of the Campuses. The role combines accounting skills with business management skills. The Finance Manager will be responsible for looking to the future to analyse the performance of the individual business units and advise on how to pre-empt problems, adapt to changing circumstances and improve value. The Finance Manager will be responsible for providing financial advice and information to support strategic business decision-making and control. Essential Accounting qualifications, demonstrated knowledge and understanding of professional accounting principles and practices. Experience with corporate financial, tax, accounting and administrative information systems. Experience in managing a finance function/team. Experience in the use of accounting specific software (Oracle, SAP, Sage, Hyperion). Experience in preparation of financial reports. Experience in contributing to and/or developing and managing strategy. Demonstrated analytical skills. Capacity to understand and implement internal controls and process improvements. Effective interpersonal skills with a variety of cultural and ethnic stakeholder groups. Computer literacy skills inclusive of demonstrated competence with the Microsoft Office suite. The ability to work on own initiative, prioritise work, handle pressure of meeting tight monthly deadlines. The ability to monitor and maintain management information systems and procedures. The ability to communicate effectively in person, in writing and over the telephone with individuals and with a wide variety of organisations and audiences. Must have rights to live and work in UK. Desirable An understanding of the education sector. Knowledge and understanding of the principles of Equal Opportunity Employment and Occupational Safety and Health principles and practices. Bachelor Degree in Economics, Business Administration, Accounting qualification or equivalent. Full details can be found at the company website What we offer An attractive remuneration package will be negotiated with the successful candidate. SAE offers outstanding longterm career opportunities within the UK and abroad, and is values driven and an equal opportunity employer. Enquiries and applications, including a cover letter and resume, should be sent to Paul Grant, Chief Financial Officer,
[email protected]. Applications close on 14th April at 5:00PM. We regret that due to the volume of the applications, only successful applicants will be contacted.
Position Description Title:
UK Finance Manager Corporate and UK
Business Division:
SAE Corporate
Responsible to:
CFO, SAE Group
Direct Reports:
Accounts Officer, SAE UK
1.
Primary Objectives of Job:
The position of Financial Manager will work with the CFO to apply the principles of accounting to provide the financial information necessary for the planning and financial protection of the UK Campus network. The FM will help drive the success of the business. The FM will be responsible for establishing and maintaining financial policies and management information systems, as well as liaise with the management team on aspects of the financial management of the Campuses. The role combines accounting skills with business management skills. The FM will be responsible for looking to the future to analyse the performance of the individual business units and advise on how to pre-empt problems, adapt to changing circumstances and improve value. The FM will be responsible for providing financial advice and information to support strategic business decision-making and control.
2.
Key Relationships: i.
CFO, SAE Group
ii.
Accounts Officer, SAE UK
iii.
Navitas UK Finance
iv.
SAE Regional Finance professionals
v.
SAE Campus Managers
3.
Key accountabilities that are part of the role: i.
Actively participate in meetings of SAE as required
ii.
Assist as directed and where required in the preparation of data for the campus’ Rolling Plan budgets with senior management, SAE Campus Managers and the SAE finance team
General and Strategic
1
Working with the CFO in the following areas: iii.
Create, implement and monitor processes and procedures around the creation of latest estimate forecasts
iv.
Prepare monthly financial statements, including individual and consolidated profit and loss accounts, budgets, cash flows, variance analysis and commentaries
v.
Analysis of financial results for SAE Group
vi.
Inform key strategic decisions and formulate business strategies
vii.
Implement corporate governance procedures, risk management and internal controls
viii.
Contribute to medium and long-term business planning
ix.
Advise on the financial implications and consequences of business decisions
x.
Offer professional judgment on financial matters and advise on ways of improving business performance
xi.
Interpret and communicate financial data to non-financial managers
xii.
Liaise with other function managers to put the finance view in context
xiii.
Monitor and evaluate financial information systems
xiv.
Prepare financial (statutory) accounts and working papers for Head Office for external audit purposes
xv.
Prepare business plans and other investment decision models as required
xvi.
Assist in the ongoing development of the MIS/Accounting system
xvii.
Assist in the management of internal/external audits in accord with Risk Management unit in Head Office
xviii.
Liaise with external suppliers as required
xix.
Contribute to Navitas Group finance projects and initiatives
xx.
Assist with other UK and international financial matters for the SAE Group
xxi.
Other duties as required
Financial Management xxii.
Responsible for the UK Limited Company
xxiii.
Perform creditor control functions for SAE Campuses and SAE UK Head Office
xxiv.
Maintain iExpenses for designated Business Units when available
xxv.
Prepare payments for authorisation as required
xxvi.
Reconciliation of Student and other Receivable sub-ledgers to General Ledger control account
xxvii.
As part of the month-end process, perform reconciliation of designated general ledger accounts against subsidiary ledgers and prepare journal entries or adjustments, as necessary, to provide an accurate financial position at each month-end
xxviii.
Carry-out sundry debtors control functions including monthly inter-company reconciliations
xxix.
Prepare on charges to other Navitas Business Units, SAE Campuses and holding companies
xxx.
Prepare
and
issue
travel
advances
to
staff
as
necessary,
ensuring
documentation/receipts/travel log are obtained to meet audit requirement
2
appropriate
xxxi.
Co-ordinate student receipting for designated BU's as required
xxxii.
Reconcile student invoicing, payments and recognition of revenue on a monthly basis in within the stipulated timeframe for completion of month end accounts
xxxiii.
Review, and where necessary process transactions to, student accounts (including correction journals, withdrawal / penalty / accommodation fees, timely processing of student refunds, payment plans, sponsorships, bursaries etc.)
xxxiv.
Maintain the Oracle fixed assets ledger (including processing of mass additions and running of periodic depreciation report)
xxxv.
Disbursement of petty cash including payment, reconciliation, arranging replenishment and journaling of spend
xxxvi.
Take responsibility for ensuring the integrity of financial record storage including batch transaction printouts and archival of prior year records
xxxvii.
Take responsibility for maintaining the employee reporting relationship in iProc and iExpenses when available
Services xxxviii.
Liaise as required and directed with the Campus Manager’s regarding the provision of frontline financial service to students
xxxix.
Support as required and directed the student application and verification processes where receipting validation is required
xl.
Assist as required to assess the monitoring of the student’s financial status.
Training and Development xli.
Identify and implement agreed plans for own training and development needs
xlii.
Developing and implementing training activities for staff on finance forms and procedures particularly with regard to iProc and iExpenses - working in conjunction with other Navitas UK employees
Other Duties and Responsibilities xliii.
Undertake such other duties and tasks as may lie within the scope of this post to ensure the effective delivery and development of financial service to the UK network
4.
Selection Criteria:
Essential Criteria: i.
Accounting qualifications, demonstrated knowledge and understanding of professional accounting principles and practices.
ii.
Experience with corporate financial, tax, accounting and administrative information systems.
iii.
Experience in managing a finance function/team.
3
iv.
Experience in the use of accounting specific software (Oracle, SAP, Sage, Hyperion).
v.
Experience in preparation of financial reports.
vi.
Experience in contributing to and/or developing and managing strategy.
vii.
Demonstrated analytical skills.
viii.
Capacity to understand and implement internal controls and process improvements.
ix.
Effective interpersonal skills with a variety of cultural and ethnic stakeholder groups.
x.
Computer literacy skills inclusive of demonstrated competence with the Microsoft Office suite.
xi.
The ability to work on own initiative, prioritise work, handle pressure of meeting tight monthly deadlines.
xii.
The ability to monitor and maintain management information systems and procedures.
xiii.
The ability to communicate effectively in person, in writing and over the telephone with individuals and with a wide variety of organisations and audiences.
xiv.
Must have rights to live and work in UK.
Desirable Criteria: i.
An understanding of the education sector.
ii.
Knowledge and understanding of the principles of Equal Opportunity Employment and Occupational Safety and Health principles and practices.
iii.
Bachelor Degree in Economics, Business Administration, Accounting qualification or equivalent.
4
Job Application Form
Position applied for: ....................................................................................................................... Campus/Location: .......................................................................................................................... Last/ Current Position: ................................................................................................................... If Internal Candidate: Navitas / UPD / SAE / other: ………………………………………… Dates employed within Navitas from/to: …………………………………………
Personal Details Surname: .........................................................
Name: ...................................................................
Current Address: .............................................................................................................................. Preferred number ...............................................
Preferred contact time: ............................................
Email address: .................................................. Citizenship: ….................................................................................................................................... Work Visa Status: .............................................................................................................................
Application Details Where did you see the job advert? ………………………………………………………………………….. Did you know about Navitas / SAE prior to submitting your application? Yes / No In what capacity ………………………………………………………………………….. I do want that SAE Institute keeps my résumé on file (please tick the box)
Please note that internal applications are welcome. All applications will be treated in exactly the same manner and those short-listed for an interview will be informed of the details of their interview. In the event you are shortlisted for an interview it is important that you advise your line manager that you have reached this stage of the process. In the event that you are offered the role the recruiting manager for this role will contact you and your line manager to discuss appropriate transitional arrangements and commencement dates to ensure continuity of business prior to formalising the arrangements.
Please contact GHR if you have any questions
about this.
Signature:
_______________________________
Date:
Version 2 – July 2013
