Description:
Affordable childcare is a key priority of Government and at Bright Horizons we are committed to excellence in working with local authorities to ensure the accurate administration and accounting of the various funding programs on offer. This role is responsible for these funding programmes from the Bright Horizons perspective.
The role will also be responsible for ensuring the correct recognition of funding revenue within the Bright Horizons financial statements, and line management of a team of Funding Administrators.
What you will be doing
Key Tasks and Responsibilities:
- Responsible for funding programmes from Bright Horizons’ perspective
- Leading a team of Funding Administrators
- Responsible for ensuring all funding submissions are made to local authorities accurately and timely.
- Improving processes and procedures to ensure all funding received is processed accurately and timely within our internal systems.
- Working closely with local authorities, operations, and our legal team to build relationships and effectively manage a streamlined approach to administrating Government funding.
- Working closely with nurseries to ensure funding processes are efficient and well understood, including supporting with companywide training sessions.
Responsible For:
- Building positive relations with Local Authorities to help improve areas needing change and supporting the implementation of new processes.
- Managing new Government funding programmes, from process change to implementation.
- Effectively leading each of the Funding Administrators, promoting high performance and creating a collaborative team environment
- Accurate and timely recording of funding balances within the financial statements
- Reviewing and challenging Balance Sheet reconciliations on a monthly and quarterly basis, ensuring the process is conducted in a robust and timely manner, well understood across the team and that old balances are investigated and resolved, and risks and opportunities are highlighted.
- Liaising with Legal and Operations on a regular basis to ensure the Funding process is embedded into the business and adhering to all contractual obligations.
- Managing and co-ordinating local authority audit requirements
- Supporting internal and external auditors
- Challenging status quo to ensure processes and procedures remain efficient and well documented.
What We Are Looking For:
- Knowledge of Government funding and methods of distribution from Local Authorities
- Proven track record of managing a highly motivated team
- Proven track record of driving process improvement
- Strong Microsoft Office skills (Outlook, Excel, Word, PowerPoint etc)