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Finance Officer

Clapham Park, South West London, United Kingdom
Competitive Salary
Closing date
May 24, 2024

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Job Role
Credit Control
Contract Type
Full Time
The Role

Join the dynamic team at South Bank Colleges as a Finance Officer. In this role, you will have the chance to actively engage with all members of staff within the college, within all tiers of the structure, making a real impact on the staff and student experience.

You will play a crucial role in supporting South Bank Colleges to achieve organisational goals.

We are looking for a committed individual who has experience of purchase ledger and payments or of processing payments and experience of analysing financial data and preparing reports.

We offer the successful candidate a supportive environment where you will be stretched and challenged throughout your career at South Bank Colleges.

Permanent - Full Time - 36 hours per week - All year round

Please note: The successful candidates will be subject to an enhanced DBS check.



  • To control the College bank accounts; undertake daily bank reconciliations and to ensure that all items appearing on bank statements are identified and posted accurately and promptly and problems resolved, to ensure banking software links directly with college accounting systems.
  • To prepare the cashflow forecast daily and ensure the cashflow forecast is accurate. From the forecast inform managers of need for loan and other financing in a proactive manner.
  • To ensure all SLC student loans are managed and administered (including reconciliation to MIS system) on a regular basis.
  • To lead and monitor invoicing and collection of tuition fees and fee remissions (Learner Support Fund), including the management of direct debits for tuition fees,
  • To lead and monitor all other College invoicing and its associated debt recovery process,
  • Perform monthly audit checks for tuition fees. Report discrepancies to Customer Services and MIS to ensure accurate student’s debtor balances on the college’s systems.
  • Responsible for debt recovery for all income streams including management of arrears and liaison with external customers.
  • To provide advice and support to staff across the college relating to all cash transactions.
  • To manage and monitor debts from students and local authorities; arranging tuition payment plans for students under financial difficulties alongside the Student Services department.

Accounting and Reporting
  • Responsible for all bank reconciliations.
  • To forecast year end invoiceable income figures based on activity to date.
  • Post general ledger journals in support of management accounts production.
  • To assist with variance analysis.

Skills & Experience

Candidate will hold Personal skills in English, Mathematics and ICT by holding Level 2 qualifications with a 5-year currency (or by undertaking initial assessments at job interview stage and by achieving Level 2 within one year of their appointment date as appropriate) and Part qualified AAT or equivalent (or part qualified plus experience)

Equality, diversity and inclusion

Equality and inclusion are at the heart of everything we do. We want to seize every opportunity to build a truly diverse and inclusive workplace.

We work hard to ensure that we are making exciting opportunities available to all, and everyone feels valued, heard and respected so that we continue to build a high performance, high engagement culture.

Recruitment Process

The email account you use to apply will be used for recruitment communication. Please ensure that you use an email account that you regularly monitor.

We reserve the right to close the vacancy early, should we receive sufficient applications.

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