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Financial Compliance Analyst

Central Services Harrogate

£TBC

Job description

Title: Financial Compliance Analyst

Location: Harrogate

Salary: Dependant on experience

Contracted Hours: 40

Reports to: Finance Manager

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Job Role:

Due to Homes for Students continuous growth, an innovative team has been developed to maintain Financial Controls and Procedures throughout the business.

With a keen eye for risk and control, a good understanding of Financial and non-Financial systems, and accurate reconciliation skills, this position will have the opportunity to make a positive impact on the way HFS manages the Financial onboarding of new assets and it’s day to day procedures.

The role encompasses 3 main areas which consist of Mobilisation, Policies, Procedures and Training.

Key Responsibilities

- Manage the financial mobilisation of new assets which will consist of the following;

o Weekly internal stakeholder meetings

o Set up new bank accounts within the critical timescales

o Set up and co-ordinate Payment link set ups with Globalpay & WPM

o Prepare the Financial System and Booking System

o Analyse and assemble student data to import into the appropriate systems

o Reconcile the data received and the data imported to identify any variances or anomalies

o Communicate with the relevant stakeholders to ensure timelines are provided and met

o Reconcile cash transfers accurately

o Analyse and understand the different management agreements to instruct the correct stakeholders on financial account set up and billing requirements

o Prepare the Budget according to the management agreement and import into the system

o Maintain Confidentiality

- Co-ordinate the financial requirements for any de-mobilisations

- Maintain bank access requests from the operations team

- Work with departments to understand procedures and implement changes that will enhance or improve current working practices.

- Work with the internal audit team to identify key focus areas requiring training and development throughout the business

- Perform financial audits on properties and other areas of the business

- Conduct training sessions on financial systems and policies with relevant stakeholders

- Support the Finance Manager on Project work

- Work with the GDPR team to maintain compliance

- Any Other Ad-Hoc tasks as required

The above outlines the main duties and responsibilities of the position, however, this cannot be comprehensive and other duties, as directed by the company and within the job holders capabilities may be required. The duties will evolve and be modified by changes within the company.

Skills (includes Key Competencies)

• A good understanding of Financial Control and Risk

• Process orientated

• The ability to communicate with various stakeholders effectively

• Strong problem-solving skills.

• Proven experience with Excel and Word

• Ability to successfully handle several priorities simultaneously, maintain composure in high pressure situations and maintain objectivity, focus and good judgment.

• Contribute to a culture of continuous improvement.

• Excellent presentation, attention to detail and ability to complete tasks/meet strict deadlines

Personal Qualities

• The desire to drive continuous improvement

• The ability to communicate and work as a team

• Commitment and enthusiasm to Homes for Students and its work.

• Commitment to quality in all aspects of service delivery.

• Commitment to equal opportunities.

• Self-motivated and able to work independently with minimum guidance and confidence in taking initiative.

• Ability to manage the delivery of detailed work.

• Willing to be flexible and respond to changing circumstances.

• Demonstrate a flexible and positive ‘can do’ attitude and to become quickly established to add value to the business.

Experience and Qualifications

Essential

• Good general standard of education

• At least 3-4 years’ experience in a relevant Finance function

• AAT qualified or studying towards ACCA/CIMA or similar

• Good communicator and interpersonal skills

• Good organisational skills and can work in a methodical manner

• Time management skills

• Proven track record in Financial/Management accounts/Audit

• Process orientated

Key Relationships

Internal Stakeholders

• Property Managers

• Senior Management Team

• Regional Operations Managers

• Employees

External Stakeholders

• Client

• Suppliers

• Local Authorities

• University Institutions

• Banks

Job type
Permanent
Posted
2022-11-08T00:00:00