Key Responsibilities:

1. Strategic Financial Leadership:
   • Develop and implement the UTC’s financial strategy to support its educational mission and strategic objectives.
   • Provide financial analysis, forecasting, and guidance to the Principal and Board of Governors to inform key decision-making.
   • Drive the UTC’s financial planning, including budgeting, forecasting, and long-term financial modelling.
   • Identify potential financial risks and develop mitigation strategies.
2. Financial Management and Reporting:
   • Oversee the preparation of accurate and timely financial reports, including monthly management accounts, annual financial statements, and reports for the Board of Governors.
   • Lead the preparation of the annual budget in consultation with relevant stakeholders, ensuring alignment with the UTC’s strategic priorities.
   • Manage cash flow effectively to ensure financial stability, including monitoring reserves and investments.
   • Ensure compliance with financial regulations, reporting requirements, and best practices within the education sector, particularly those related to academies and UTCs.
3. Compliance and Governance:
   • Ensure robust financial controls and procedures are in place to safeguard the UTC’s assets.
   • Lead on compliance with financial policies, external audits, and regulatory requirements (e.g., ESFA, DfE, and Charities Commission).
   • Serve as the key liaison with external auditors, providing all necessary documentation and support.
4. Operational Efficiency and Resource Management:
   • Manage the finance team, providing leadership, development, and support to ensure high standards of financial management.
   • Oversee procurement processes to ensure value for money and compliance with legal and regulatory requirements.
   • Support operational projects, including capital investment and facilities management, from a financial perspective.
   • Collaborate with other departments to ensure the effective allocation and monitoring of resources across the UTC.
5. Stakeholder Engagement and Communication:
   • Present financial information to the Board of Governors, committees, and senior leadership in a clear and accessible manner.
   • Build and maintain strong relationships with external stakeholders, including banks, funders, and government bodies.
   • Provide expert financial advice to support funding applications and bids for additional resources.