Assistant Head of Financial Accounts & Compliance

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Opportunity Review: Senior Finance Professional at the University of East London

The University of East London (UEL), a venerable institution founded in 1898, is embarking on an ambitious journey to shape the future of careers-first education, aligning with the principles of Industry 5.0. UEL is dedicated to creating clear pathways to future-proof careers and is actively fostering a diverse, inclusive, and sustainable talent pipeline. This role presents a compelling opportunity for forward-thinking finance professionals to contribute to this vital mission.

Advantages for Potential Candidates:

• Impactful Role in a Growing Institution: This position is central to safeguarding the financial health and strategic growth of UEL. You will play a critical role in managing subsidiary finances, contributing directly to the University's expansion plans, which include increasing its subsidiary companies in the coming years.
• Leadership and Strategic Influence: As the key finance contact for UEL's subsidiary companies, you will advise their boards on financial decisions, provide monthly management accounts, and offer essential business partnering. This offers significant autonomy and the chance to shape financial strategy.
• Exposure to Diverse Financial Operations: The role encompasses a comprehensive range of financial activities, including capital accounting, financial analysis, lease accounting, cash flow forecasting, and treasury management. This broad scope will ensure continuous learning and professional development.
• Career Advancement in Higher Education: Working within the finance department of a dynamic university provides exposure to the unique financial landscape of the higher education sector. This experience can be invaluable for long-term career growth in this specialized field.
• Commitment to Inclusivity and Sustainability: UEL's strong commitment to Equality, Diversity, and Inclusivity (EDI), evidenced by their zero gender pay gap, membership in Stonewall, and Athena Swan awards, creates a welcoming and supportive work environment. Their focus on a green future also aligns with contemporary professional values.
• Comprehensive Benefits Package: Beyond a competitive salary, UEL offers an excellent benefits package, reflecting their belief in supporting employees holistically.

Key Considerations for Candidates:

• Senior-Level Expertise Required: This role demands a seasoned finance professional with a strong track record in financial accounting, particularly in producing consolidated financial statements and managing complex audit processes.
• Technical Accounting Acumen: A deep understanding of current technical accounting issues and regulations, including FRS102 and HE SORP, is essential. The ability to apply this knowledge effectively in practice is crucial.
• Pressure and Deadline Management: The description highlights the need to perform effectively under significant pressure and meet tight deadlines, particularly given the fast-paced nature of university operations and expansion plans.
• Team Management Experience: Proven experience in managing and developing a team is a key requirement, indicating a leadership expectation within the Financial Accounting team.
• Adaptability to Growth: With plans to increase the number of subsidiary companies, candidates should be adaptable and prepared to manage evolving financial structures and reporting requirements.
• Independent Work Ethic: While reporting to the Head of Financial Accounts & Compliance, the role emphasizes the ability to work independently with minimal supervision, requiring a proactive and self-motivated individual.

This position offers a remarkable opportunity for a senior finance professional to contribute to a forward-looking educational institution. If you possess the requisite experience and are driven by a desire to make a tangible impact within a supportive and inclusive environment, this role at the University of East London could be the next significant step in your career journey.