This Vacancy has closed.
Head of Financial Reporting
  • Employer: Origin Housing
  • Reference: OH/22/220834
  • Published: Fri 25/11/2022, 16:35 PM
  • Closing on: Sun 18/12/2022, 16:34 PM
  • Working Pattern: Flexible Hours, Full Time
  • Hours: 37 hours per week
  • Salary: £75,000pa plus benefits
  • DBS Check: No
  • Location: Flexible, Euston, London , Camden

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Head of Financial Reporting

Origin – shaping communities; building lives 

Origin exists to make change happen for the good of communities. We help people by providing affordable homes – but that’s not enough.  We support vulnerable residents to lead happy and better lives. We empower our staff to take action and rise to every challenge with ‘can do’ positivity.  

Good people are the future of our innovative, working community. We have placed an exciting ‘People’ strategy at the heart of our culture – to support training and personal development, to deliver our values and to move Origin forward.  

We describe this new approach as OWOW: Origin’s Ways of Working. OWOW is about meeting business outcomes, you’ll enjoy greater autonomy over how you deliver your role, how you manage outputs and when you spend time at work, allowing you to benefit from any productivity gains in the course of delivering your role. 

This shift in culture will be built on a mature and mutual relationship of trust between managers and yourselves, ensuring we live up to one of our key values of Build Trust. By working with this new relationship model we can aim toward focusing on ‘outputs’ and not ‘outcomes’. Space is allocated to ‘activities’ and not ‘individuals’ by providing a range of flexible working options that benefit both customers and staff. As a result, your work can take place at the most effective location and at the most effective time. Put simply, flexibility becomes the norm rather than the exception. This is Origin’s Way of Working. 

The opportunity 

We’re looking for a strong leader in this key leadership role to lead the financial reporting function which will provide an effective and high-quality financial reporting service to the strategic and operational leadership groups, e.g., Boards and Committees, Executives, SMG and budget holders, to enable effective decision making and financial control.  

You will be responsible for delivering accurate management information reports, budgets, forecasts, and tax returns (VAT & Corporation Tax) to strict deadlines and in the prescribed formats. You will be responsible for the performance of the Business Partners team and the provision of high-quality decision support and advice to the business, working in partnership with senior management and staff across the organisation.  

You will be responsible for the rent & service charge setting & utilities management.  You will guide the team to provide a high quality, accurate, customer centric service, ensuring legislation is complied with, income is properly accounted for, and expenditure is recovered in full.  

This is a great opportunity for applicants to ensure that the services provided represent good value for money, with ‘adding value’ as the guiding principle. This role calls for a high degree of initiative, judgement, accuracy, confidentiality, discretion, and knowledge legislation and regulation. You will ensure that all activities are delivered within a robust control environment and that the policies and procedures are comprehensive and regularly reviewed.  This is great opportunity to work closely with the Head of Planning and other Heads of Service to ensure that the annual statutory accounts production, regulatory returns, key finance strategic projects and annual rent and service charge income expenditure budgets are delivered in an efficiently and timely manner.  

What you’ll do 

Take the lead 

  • You will be responsible for the delivery of financial and management accounting for the group and ensure an effective reporting service including budgets, forecasts, intergroup accounting.  

  • You will plan and deliver Year End audit process, manages relationship with auditors, proposes response to management letter. Completes all statutory and regulatory returns for the service area. 

  • You will be accountable for the delivery of the annual rent and service charge setting process, annual reconciliation of homeownership accounts and rent and service charge income and expenditure budgets. 

  • You will lead on Finance department strategic projects to ensure that the Group complies with its accounting and reporting obligation, the Rent Standard and Service Charge legislations. 

  • You will provide or oversee the provision of financial training to operational managers including transaction coding, budget monitoring and performance reporting.  

 

Give your time 

  • Contribute to effective team working and ensures appropriate cover for colleagues is arranged. 

  • Provide guidance and advice to the Executive on financial matters. Analyses and develops practical business solutions.  

  • You will undertake effective performance management as required. Ensures all staff members have SMART targets, have monthly reviews, and understand how they contribute towards the group operating plan objectives. 

  • You will oversee preparations of VAT returns for the business ensuring that they are produced in a timely manner and are accurate and appropriate records are kept 

  • You will provide technical advice, professional guidance and training to the Board, Executive Team,  Rents and Service Charge Team and other key stakeholders on rent and service charge legislation and utilities management. 

  • You will oversee the presentation of Rent and Service Charge Reviews to the Executive Team and Board. 

Bring people together 

  • You will liaise with external organisations as required, managing, and maintaining good working relationships whilst ensuring customers’ needs are met. 

  • Lead, motivate and develop teams to ensure quality and quantity of work is of the agreed standard and objectives are achieved.  You will also ensure monthly team meetings, individual staff targets and action plan to improve Best Companies rating are in place.  

  • Seek views of customers (both internal and external) to ensure continuous improvement of the service the teams provides. 

Come forward with a can-do attitude 

  • You will be responsible for the group management reporting and the ongoing development of its performance monitoring systems.  

  • Ensure integrated reporting, monitoring and control processes meet business needs, and that reporting facilitates performance management, quality assurance, identifies trends and offers business solutions 

  • You will integrate new group members into the group internal control framework ensuring compliance with group regulation and policy. 

Go the extra, extra mile 

  • Observe relevant legislation, best practice, and equal opportunities/diversity principles in all aspects of work, especially the development of policy. 

  • You will ensure effective risk management for all areas of risk identified. 

  • You will comply with and develops operational policies and procedures, whilst keeping abreast of best practice. 

What you’ll need 

 

  • You will possess relevant professional qualification - (e.g., ACCA, CIPFA, CIMA or ACA) 

  • Extensive knowledge of accounting practices and regulations applicable to a registered provider (IFRS, SORP, GAAP etc.) 

  • Extensive knowledge of Rent and Service charge legislation. 

  • You will have managed and led successful finance, rent, service charge and utility management teams 

  • You will understand charitable and non-charitable implications for group with experience of calculation and delivery of VAT and Corporation Tax returns. 

  • You have led annual statutory accounts process, agreeing the timetable with Audit and Risk Committee and delivering to it, responding to Internal and external audit requirements. 

  • You have previously delivered a financial business partnering service for a devolved organisation including budgets, forecasts, and Executive level report preparation. 

  • You have strong numerical awareness and verbal comprehension 

  • You are passionate about developing a performance culture, including setting, and monitoring clear and measurable delivery targets.  

  • You have developed and administration of a software-based reporting framework, training users (Vision Q&A, Power BI experience desirable) 

  • Knowledge of Housing Management software to set and manage rent and service charge calculations. 

  • Strong project management experience across departmental projects, delivering significant change (desirable) 

  • Investment appraisal and interpretation regarding new ventures, Best Value, investments, cost options and benchmarking (desirable) 

  • Knowledge of social housing Regulatory Standards, statutory and regulatory returns required for social housing (desirable) 

Tell us your story

We are looking forward to learning about you. Please help us get to know you by sending your latest CV and covering letter detailing how your experience meets the role above. To find out more about us simply visit www.originhousing.org.uk

Please note we will be asking for satisfactory references and DBS check. 

Benefits for the right person

We reward our people for the work they do. We appreciate commitment, initiative and going the extra mile. At Origin, our comprehensive range of benefits care about the ‘whole’ person. As well as offering you great-to-have discounts, we look after your health and well-being too – personalising your benefits package to you. We offer:

  • Access to a range of discounts on services, products and experiences. Not simply picked at random but personalised to you
  • Tailor-made Healthcare plans and/or insurance plans – let us know your preference
  • An Employee Assistance Programme that supports your well-being and is there to provide valuable help at all times
  • A choice of rewards that you choose where to spend
  • An Awards recognition scheme that champions individual achievement

Closing date: Sunday 18 December 2022

Interview and assessment date: week commencing 6 January 2023