Finance Manager

LGPS Central Wolverhampton United Kingdom Finance
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Company Description

Finance Manager

Salary Competitive

Based in the Midlands - Hybrid Working

LGPS Central Limited is a fund management company, regulated by the Financial Conduct Authority (FCA), managing the pooled assets of nine Midlands-based local government pension funds.

With combined assets of approximately £45bn, and representing the retirement savings of over 900,000 scheme members across over 2000 employers, LGPS Central Limited’s Partner Funds are; Cheshire Pension Fund, Derbyshire Pension Fund, Leicestershire Pension Fund, Nottinghamshire Pension Fund, Shropshire Pension Fund, Staffordshire Pension Fund, West Midlands Pension Fund, West Midlands Integrated Transport Authority Pension Fund, and Worcestershire Pension Fund.

Our objective is to be a leading investment management company working with and for our Partner Funds. With a focus on value for money and performance we want to aspire to be one of the best because this is how we will deliver the superior investment returns and low costs for our Partner Funds.


Position

We are looking for a Finance Manager to join our Finance team. Based in Wolverhampton, the successful candidate will work with the Head of Finance to contribute towards a high-performing, professional finance function in an exciting environment.

The Finance Manager will play a key role in supporting the Head of Finance in the management of the Finance team and the successful delivery of financial support and advice to the Company including financial and management reporting, operational finance and treasury activities, tax and administration support for the Company’s alternative investments.

Applicants should be CCAB/CIMA-qualified or CCAB/CIMA part-qualified with strong relevant experience.

Role Purpose:

As a key member of the Finance team, the Finance Manager will be responsible for supporting the Head of Finance in ensuring the effective and efficient delivery of the company’s financial operations. The role will be responsible for financial reporting and management accounting, budgeting, regulatory reporting, cost-sharing reporting to partner funds and operational finance.

Outcomes:

  • To play a key role in preparing LGPS Central Limited’s annual report and accounts and the report and accounts of investment products.
  • To contribute towards the completion of periodic returns required by the regulator.
  • To assist in preparing and monitoring the annual budget and cash flow forecasts.
  • To calculate charging bases and levels and generate income accordingly.
  • To support the Head of Finance in monitoring and report on regulatory capital requirements.
  • To provide information and advice to the Head of Finance and other managers on financial matters, including projects and business cases.
  • To assist in the development of a range of policies for approval by the Board, and monitor and ensure compliance with these:
  1. Procurement Policy
  2. Treasury Management Policy
  3. Accounting Policies
  • To assist in the procurement and management of a range of services provided by external suppliers:
  1. Bank
  2. External Auditor
  3. Finance System Provider
  4. Payroll Provider
  5. Tax Adviser
  6. Procurement Adviser
  • To assist in the liaison with external and internal audit, including working with auditors to develop audit plans and monitoring performance against these.
  • To manage the day-to-day delivery of efficient and effective operational financial services (supplier payments, debtor management and banking).
  • To carry out daily treasury management activities, including effective consideration and management of the risks inherent in treasury management.
  • To operate the company’s computerised accounting system, including the operation of effective controls and reconciliations, training and supervising the work of junior staff in using the system.
  • To use and act as administrator of the company’s computerised system for monitoring alternative investments, including the entering of transactions and the operation of effective controls and reconciliations where required.
  • To assist the Head of Finance in identifying financial risks and take steps to manage and mitigate these, reporting as appropriate.
  • To support the Head of Finance in working with partner funds to develop effective financial reporting for clients.
  • To make a significant contribution to the work of the Finance team and the wider company.
  • To assist the Head of Finance in ensuring that the skills and knowledge of the Finance team are developed to a high level, and to be an advocate of continuous professional development.
  • To promote the work of the Finance team within the company, including the delivery of financial training and financial advice and support to managers.
  • To actively identify opportunities for continuous improvement within the Finance team and implement them swiftly and effectively.
  • To participate in cross-organisational groups and build effective working relationships with peers in other organisations.
  • To support the Head of Finance in the management of the Finance team, including line management responsibility for a small team, and to deputise for the Head of Finance as required.

Requirements

Skills/Knowledge/Experience/Competence:

  • Able to communicate complex and highly-technical matters in a way which is understandable and relevant.
  • Strong reasoning and problem-solving skills, able to develop pragmatic solutions to complex problems.
  • Good report-writing and verbal communication skills.
  • Active participant in continuous professional development, with an up-to date knowledge of relevant accounting, finance, investments and pensions matters.
  • Able to motivate and inspire junior members of theFinance team to develop themselves and perform to a high level.
  • Able to build effective relationships at all levels of the company.
  • Highly organised and able to work to deadlines and manage competing priorities under significant time pressures.
  • Good interpersonal, communication and people management skills.
  • Able to communicate complex and highly-technical matters in a way which is understandable and relevant.
  • Strong reasoning and problem-solving skills, able to develop pragmatic solutions to complex problems.
  • Good report-writing and verbal communication skills.
  • Active participant in continuous professional development, with an up-todate knowledge of relevant accounting, finance, investments and pensions matters.
  • Applicants should be CCAB/CIMA-qualified or CCAB/CIMA part-qualified with strong relevant experience.

Other information

What do we offer?

We are proud to provide our people with a premium and exclusive benefits package and we are continually improving the rewards we offer. Here are a few of the valuable rewards that you will enjoy:

  • Competitive salary
  • 30 days' paid holiday plus bank holidays
  • An extra paid Company Day in addition to paid holidays
  • Excellent Learning & Development Opportunities
  • Welfare and Family-friendly policies
  • An enhanced and generous Pension Scheme
  • Enhanced pay for new parents
  • Access to our Employee Assistance Programme- 24-7 Health & Wellbeing Support
  • Hybrid Working
  • Brand New Office Space