Assistant Finance Manager £51,093 - £54,129 per annum We are looking to recruit 2 x Assistant Finance Manager Positions in the Corporate Finance Team supporting the following areas: Financial Strategy (Treasury) Financial Strategy (Capital) Specific areas of responsibility for the Treasury position include: Liaison with the Council’s banker to ascertain daily cash flow requirements. Liaison with treasury advisors, brokers and financial institutions in order to make informed cash management decisions. To ensure security of the Council’s investments and secure the best rates of interest after that primary goal is met. To understand and analyse the Council’s balance sheet and use this to inform treasury activity. Support contract management with the Council’s banker, Treasury advisors and other financial institutions required to deliver the Treasury strategies Provide capital finance budget information in accordance with the budget preparation and monitoring timetable set by Finance. Manage complex service loan documentation, issue loans, ensure interest payments, repayments are collected and made on due dates and undertake associated accounting and reporting in line with regulation, Ensure that relevant statutory and professional requirements are being complied with in relation to treasury management Manage key areas of budget development, monitoring and closure of accounts ensuring relevant corporate guidance, timetables and legislation is adhered to Specific areas of responsibility for the Capital position include: Support on developing the Capital Strategy and programme management principles to enable the setting, development, monitoring and delivery of the capital programme Involved in all capital elements of year-end/accounts closure work and support the audit process for capital, ensuring all working papers are of the highest standard, and work collaboratively with internal stakeholders and external audit. Production of periodic management reporting to Capital & Assets Oversight Board, CMT and Cabinet Provide expert professional advice on a wide variety of subjects falling within the capital area including CIL, s106, capital grants, HRA, strategic commercial investment and estate regeneration as well as technical accounting. Develop systems and processes to improve Capital decision making to maximise impact of finite financial resources to deliver Council Priorities. Qualification In order to apply, you need to be either CCAB qualified, or actively working towards a qualification Knowledge and experience Ability to work confidently and accurately with numerical data. Excellent written and oral/presentation skills. Excellent time management skills with the ability to prioritise workload. Ability to analyse data/information with a view to drawing logical and accurate conclusions. Behaviours and personal qualities Work in an agile way in line with a paperless and flexible work environment. Customer service focus Working as an effective member of a team Able to adapt and play a leading role in cultural and process change. Able to confidently present financial information in a meaningful way to a specific audience. https://www.newham.gov.uk/downloads/file/6978/assistant-finance-manager-jd Closing date: 30th August 2024 Additional Information We are committed to creating an inclusive, anti-racist environment for all. When you apply for a job at Newham, your application is considered on its merits regardless of your age, disability, ethnicity, faith, gender identity or sexual orientation. If you share our vision and values, and you bring the experience and skills we need, that’s all that matters to us. The London Borough of Newham has important responsibilities for safeguarding and promoting the welfare of children, young people and vulnerable adults. If you are appointed to a job that involves working with these groups, you may be subject to a Disclosure and Barring Service (DBS) check. Please attach your supporting statement, explaining in no more than x2 A4 sides why and how you meet the criteria for this role. We practice anonymised recruitment. Please ensure that you remove all personal information from any documents that you upload. The personal information we have collected from you will be shared with Cifas who will use it to prevent fraud, other unlawful or dishonest conduct, malpractice, and other seriously improper conduct. If any of these are detected you could be refused certain services or employment. Your personal information will also be used to verify your identity. Further details of how your information will be used by us and Cifas, and your data protection rights, can be found by https://www.cifas.org.uk/fpn.