Finance Manager

Job Purpose

• To ensure effective production, management and reporting of all financial matters of the school.
• To provide financial & commercial support to the Principal and Senior Leadership Team as required.
• To prepare budgets and forecasts for the school and to manage the cash and capital expenditure approval process.
• To ensure processing the transactional information for the school is complete and accurate.
• To provide advice on improving the financial performance of the school.

About Us

We are ambitious for our students, our people and our family of schools. We believe that:

• There is no limit to what every person can achieve.
• Creativity and challenge help us get better every day.
• Learning should be personalised.
• Unique global opportunities enhance the learning experience.

The NAE Commitment

At Nord Anglia Education, we work every day to inspire our schools, our students and our employees to be the best they can be, and we are ambitious for them all to achieve more than they thought possible in their personal, social and academic endeavours. Within our family of schools, this aspiration is underpinned by a commitment to always act with respect, integrity, openness, courage and ambition. These qualities are the foundation of how we approach our work and roles within NAE and are shared by everyone in our global family

About the Role

Finance

• Ensure proper accounting and financial records and systems are maintained
• Ensure financial accounts are produced monthly, in accordance with generally accepted accounting principles and within agreed timeframes.
• Ensure all statutory accounting and tax returns are produced and submitted in accordance with legislation.
• Ensure effective internal controls and implement new procedures, as necessary.
• Ensure that the agreed purchase ordering process is implemented and adhered to by all members of staff.
• Ensure proper cash and asset management processes are in operation.
• Liaise with external auditors and tax advisors regarding the statutory accounts and other statutory returns.
• Ensure the school complies with legal and regulatory requirements, that licenses are in order and that company tax returns are filed correctly and on time.
• Ensure you keep up to date with the latest accounting and tax regulations within Thailand and internationally

Budgeting & Forecasting

• In conjunction with the Regional Finance Director and Principal, produce business plans, annual budgets and quarterly re-forecasts for the school.
  • Work with the budget holders to determine correct allocation of cost budgets across cost centres and budget headings.
  • Work with the admissions staff to generate pupil number forecasts to drive the revenue budget.
  • Work with the HR staff to determine the correct staffing structure and associated costs for the budget and maintain this file for the forecast.
• Manage the budget and forecast process for the school to Nord Anglia Education deadlines using Nord Anglia Education templates.
• Ensure that cost efficiency is a key part of the budget process, eliminating waste and ensuring best value for money.

Budget Management & Reporting

• Ensure the school maintains costs within agreed budget levels.
  • Monitor actual spend against budget on a budget holder and account heading basis.
  • Liaise with budget holders on a regular basis to ensure that they are aware of their budgets and what they have spent to date.
  • Take action to ensure that budget holders do not go over their budgets during the year.
  • Develop internal management reports to aid the Principal and SLT in the management of the school and budget holders in the management of their individual budgets.
• Ensure complete management accounts and KPI package is submitted to Nord Anglia with agreed deadlines.
• Review and report the monthly management accounts to the Principal and to Nord Anglia.
• Produce financial and performance reports to the Principal and Nord Anglia as required. Review the reporting packs and propose improvements.
• Produce and submit appropriate capital expenditure proposals.
• Produce weekly and monthly cash flow forecasts to aid both the school and Nord Anglia cash management.

Sales Ledger and Credit Control

• Ensure the timely and accurate production of tuition fee invoices.
• Actively manage the credit control process to ensure that all debts are collected by the due date.
• Actively manage the school’s cash flow to maximise efficiencies in cash usage.

Personnel and Staff

• Oversee and manage the workload of the finance team staff and manage their professional development

About You

Qualifications & Training

• CIMA, ACCA, ACA or other accounting qualification

OR

• Holder of relevant degree and part qualified in the above accounting qualifications

Experience & Knowledge

• Experience and proven ability in a management accounting role
• Experience in NAVISION accountancy software
• Previous experience in a school environment 

Skills

• Advanced knowledge of Excel for report generation and analysis of data
• Ability to gather, analyse, explain and consolidate data for management reporting
• Excellent presentation skills to be able to report to those without a background in finance
• Excellent communication skills to negotiate with external stakeholders on commercial contracts and transactions
• Fluency in spoken and written English is essential
• Excellent customer service skills

Personal Attributes

• High levels of personal integrity
• Conscientious and able to focus on completing work to a consistently high standard
• Flexible with a positive approach to work
• Excellent organisational and time-management skills; high attention to detail
• Ability to work to tight deadlines and able to prompt others to ensure deadlines are achieved
• Adaptable to working in a fast paced, ever changing environment
• Ability to work under pressure and remain calm
• Proactive and willing to take on multiple tasks
• Self-motivated and enthusiastic
• Able to work independently
• A team player, willing to help and be flexible
• Continually strive for improvement

Safeguarding

• Must hold a current Enhanced Criminal Records Bureau Disclosure or equivalent for countries lived in outside of the UK.
• A commitment to safeguarding and promoting the welfare of all pupils. All Nord Anglia employees are required to undertake regular child protection training.
• All staff are required to manage effective personal development as part of the school’s commitment to invest in staff as the key resource in the organisation.
• All staff must ensure that they meet their statutory responsibilities regarding Health and Safety, Cyber Security, Equal opportunities and other relevant legislation, and should conform to the professional and ethical requirements as an employee of Nord Anglia Education.