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Finance

Finance Services
  • Dedicated Regional Finance Manager, providing support on financial and budget management
  • A dedicated support helpdesk
  • Access to qualified accountants for expert accountancy support
  • Management of the relationship with the Education Funding Agency
  • Financial reporting to the Executive Board and Board of Trustees
  • Finance systems, including provision, maintenance and training:

    • Core accounting
    • Budget management
    • Online banking
    • Staff expenses (soon)
    • Purchasing card (soon)

  • Banking – provision of bank accounts and purchasing cards, and management of the relationship
  • Insurance – management of the Education Funding Agency’s Risk Protection Arrangement and other insurances
  • VAT and corporation tax management
  • Preparation of year end accounts and all other Education Funding Agency returns
  • External audit – provision and management
  • Internal audit – provision and management
  • Financial Regulations - provision and maintenance of – kept up to date with changes to the Education Funding Agency Academies Financial Handbook
  • Financial policies – provision and maintenance of
  • Finance Guidance Notes – provision and maintenance of
  • Detailed training manuals/user guides – provision and maintenance of