JOB DESCRIPTION. Finance, Performance and Risk Manager

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1 JOB DESCRIPTION POST TITLE: DIVISION: Management Accountant - Capital Finance and Performance SALARY GRADE: 22,372-24,555 Level 6 RESPONSIBLE FOR: RESPONSIBLE TO: Finance, Performance and Risk Manager JOB PURPOSE: 1. To undertake detailed financial analysis of benchmarking and performance data as directed by the Finance, Performance and Risk Manager. 2. To support the Finance, Performance and Risk Manager to develop long term capital plans and indicators that will inform the budgetary and long term business planning process 3. To contribute to the preparation of bids for any new development opportunities 4. To keep the PAVE system up to date and to improve the data content through interrogation of systems and liaison with other service areas 5. To provide the analysis of cash flow requirements for investment and development projects MAIN DUTIES: Benchmarking and Value for Money 1. To assist the Finance, Performance and Risk Manager to analyse benchmarking data to identify the key inputs and outputs that influence the results. To suggest what would need to change to influence and improve financial and performance outcomes.

2 2. To benchmark and provide quartile information compared to other organisations as part of the Performance Management Framework and to identify good and poor performance in relation to peer groups. 3. To contribute to the Trust s annual Value for Money self-assessment document. Asset Valuation 1. To maintain the data in the Portfolio Asset Value Evaluation (PAVE) model and investigate and suggest how the data can be improved through liaison with the Finance and Asset teams. 2. To interrogate the PAVE system and to identify anomalies in the data 3. Work with the Asset team to model potential capital projects and assess the impact that this is likely to have on the Trusts asset valuation 4. Complete the data analysis for the annual and five yearly valuations by third parties Accounting for the development of new homes 1. To understand the principals underlying the modelling of new schemes and the impact of the variables on each scheme and the long term business plan. 2. To liaise with third party partners and the development team to provide up to date detailed cash flow forecasts for each development scheme to be incorporated into the Trust s cash flow forecast on an on-going basis. 3. To assist the Finance, Performance and Risk Manager to keep financial ledgers of the development company up to date at all times and ensure the effective completion of the monthly closedown process in accordance with agreed timetables 4. To assist the Finance, Performance and Risk Manager to complete the working papers, monthly management accounts and annual statutory accounts for the Development Company. 5. To assist the Finance, Performance and Risk Manager to provide detailed financial analysis and performance information and provide commentary and recommendations. 6. To prepare the taxation analysis for the Development Company

3 Investment Programme 1. To analyse and report on any key variances between the business plan, asset data base and third party survey data. 2. To prepare detailed capital cash flow forecasts for all capital projects. 3. Monitor and report in year capital expenditure and forecasts against budgets and the potential impact on loan covenant calculations 4. To investigate any anomalies resulting from component accounting. 5. To work closely with the Asset Team and Construction Services to develop long term financial plans and indicators that will inform the budgetary and long term business planning process and the impact on the Trust s loan covenants. 6. To work with the Asset team to ensure that the asset management database is aligned to and informing the inputs to the long term business plan 7. Maintain a priority list for the timely recycling of in-year underspends and efficiency savings 8. To work with the Finance, Performance and Risk Manager to develop the Trust s approach in the calculation of its Social Return on Investment (SROI) Component Accounting 1. Oversee the maintenance of the fixed asset register, ensuring that all capital components are capitalised and depreciated in accordance with the Trust s accounting policies and good practice 2. Ensure that the fixed asset reconciliation and associated notes for the financial Statements are completed each year end General 1. To provide input to regular committee reports as appropriate 2. To keep up-to-date with best practice, new initiatives and business opportunities in all areas relating to this role 3. To make a meaningful contribution to the business planning process at company and team level. 4. To always to work consistently with requirements relating to:

4 The Trust s overall need to comply with legislative, regulatory, constitutional and financial requirements and to work to high professional and ethical standards The Trust s Equality and Diversity policy The Trust s Health and Safety policy 5. To represent, promote and maintain a positive attitude and image for Halton Housing Trust 6. To carry out any other duties appropriate to this post, as necessary or as requested Knowledge Studying towards or completed a recognised accountancy qualification Understanding of asset management principles Good understanding of the principles of Value for Money Budget processes and management techniques Financial forecasting Long term financial planning principles Understands the principles of scenario modelling Cash flow forecasting and treasury management Extensive Excel techniques Skills Ability interpret financial analysis Ability to deal with tax issues Ability to interpret performance data Innovative thinking Ability to develop new and existing technologies Ability to work with others to identify solutions to improve performance Ability to converse and relate ideas and reporting to all levels Ability to work under pressure, prioritise workload of self and others and meet performance targets and deadlines Ability to use judgement to compare and evaluate options Experience Working to deadlines Building effective partnerships and links with a range of internal departments Other Desirable attributes Knowledge within Housing Sector and the regulatory bodies

5 Understanding the housing sector Experience working with Asset Management teams Development Company requirements and management Modelling potential development opportunities Systems experience of Covalent, Open Accounts, Proval, QL and Brixx Signed.. Date (Post holder) Signed.. Date (Management Accountant - Capital)