Contracts Finance Officer

Job title:

Contracts Finance Officer

Company

The Growth Company

Job description

The Growth Company’s (GC) Business Growth Hub team have an exciting new opportunity for Contracts Finance Officer to Process complex data sets to administer funder claims, ensuring accurate and timely recovery of project costs with a high degree of compliance with funder regulations and contractual requirements. Maintaining and assisting in the development of efficient systems and processes to manage the claim and routine processes. To support the Operations Team, service delivery teams, and the Business Unit as a whole, by providing accurate and timely data, performance reporting, financial software and process training, and other accounting services.GC Business Growth Hub is a community of specialists with a passion to help businesses across Greater Manchester to realise their ambitions. Since 2011, the Hub has supported more than 15,000 businesses including start-ups, scale-ups and established businesses, providing finance guidance, creating international links, and paving the way for innovation and people development across the region. We work with the best of public and private partners, offering expert one-to-one and peer-to-peer business support, events, specialist programmes, funding and much more.This role is a Fixed Term contract till 31st March 2025Key Responsibilities:

• Compile and verify funder claims and support the process of managing data across the full spectrum of business support projects to ensure the timely and accurate submission of claims, including responding quickly and efficiently to queries, thus ensuring timely recovery of project costs and a high degree of compliance with funder requirements.
• Provide the project delivery teams and the Business Unit and its management teams with timely and accurate management information to enable the efficient and effective delivery of projects.
• Support the development, implementation and maintenance of programme management tools and systems, to enable the capture, allocation, monitoring and reporting of programme activity and expenditure.
• Compile robust and transparent document evidence trails, as required, to fulfil the requirements of funder audits and to support the process of independent financial verification, including providing support to internal colleagues and external partners on compliant financial monitoring, allocation, reporting and audit processes.
• Support the exercising of financial due diligence through timely reviews of all contract and grant documentation.
• Assist in the administration and financial management of business support delivery through the raising of purchase orders, processing of sales invoice requests and supplier invoices, overseeing the process and providing training for journal corrections, managing internal recharges, working with Group Finance to verify income & expenditure, and undertaking financial reconciliations, where required.
• Develop and maintain project financial procedures and ‘how to’ guides to clearly document Operations Team routines.

About you:

• Ability to agree and work effectively with others to meet deadlines.
• Good interpersonal communication skills, both verbally and in writing.
• Strong ability in preparing, managing, and interpreting complex data, in particular, financial/accounts information.
• Numerically literate with a high level of attention to detail.
• Use of Excel Spreadsheets to an intermediate/advanced level.
• Knowledge of working with various accounting systems/software.
• An organised and focused approach, with the ability to manage multiple deadlines.

Skills Required:

• Relevant degree/ administrative/ accountancy professional qualification or equivalent business experience.
• Demonstrable experience of support and coordination, particularly financial, to UK-funded contracts in a relevant private or public sector role, government/public body, NGO, or consultancy.
• A track record of delivering analysis and reports to a high standard of accuracy and compliance.
• Design and development of complex data management and financial reporting systems.
• Sound knowledge and understanding of financial procedures and accountancy practices.
• A working knowledge of project claims processing and contract management systems.
• Knowledge of public funding contracts, audit, and compliance requirements.
• Able to interpret and articulate complex financial information and understand funding contracts/regulations and audit processes and systems.

LocationManchesterBusiness Area Logobusinessgrowth.jpgCompany LogoGMBSCompanyBusiness Support Business Finance (BSBF)Contract typeFixed term/ Full- timeSalaryup to £28,420 per annumAdvert Brandgmbs.pngClosing Date07/04/2024Ref No3979Documents(Word, 57.57kb)We are committed to safeguarding and promoting the welfare of everyone including vulnerable adults and young people, we expect all staff to share this commitment. All appointments will be subject to Safer Recruitment Procedures which include a DBS check. This will be conducted by Due Diligence Limited (DDC Ltd) on behalf of GC. Please note that the successful candidate will not be required to pay for this.If you are on the Barred List, it is against the law to apply and to be hired for a role that includes regulated activity with the concerned group.GC is committed to increasing the diversity of our workforce, we provide a guaranteed interview to applicants who meet the essential requirements for a role. This commitment applies to candidates who have a disability or are from an ethnic community.As part of our application process, you can ask to be considered under this scheme if you are from an ethnic community or have a physical or mental impairment that has a substantial and long-term negative effect on your ability to do normal daily activities. Providing that you meet the essential criteria for the role, you will then be invited for an interview. Your guaranteed interview application will only be shared with the recruiting manager and our Internal recruitment team.We are a member of the national campaign Ban the Box; this campaign aims to open opportunities for people with convictions to compete for jobs. We’re supporting the campaign by removing conviction questions at the applications stage.GC aims to promote a culture of flexibility and agile working. Going forward we will be transitioning to a culture where full agile working will be a feature of many of our roles. We also recognise that there may be a need for more permanent flexibility in your working arrangements and in such cases, we encourage you to have these discussions at the interview stage, to enable your flexible working request to be considered as early as possible.Should you apply for any of our roles, we will be completing interviews virtually or face to face, dependent on the role. This will be explained further should you reach interview stage. We will be more than happy to explain the measures we have put in place, ahead of you attending any of our premises.If you require support with the recruitment process, please contact or Internal Recruitment team at or call us on 0161 237 4447.

Expected salary

£28420 per year

Location

Manchester

Job date

Sat, 23 Mar 2024 03:42:27 GMT

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