Finance Function Reviews

Are you feeling as though your current finance function could be improved? Do you need an independent evaluation to confirm whether your existing financial processes are efficient and fit for a growing Trust?

Our finance function reviews serve as invaluable external reviews, carefully examining your Trust’s processes, procedures and systems to pinpoint any irregularities or inefficiencies that might be hindering your performance.

A typical scope of our reviews will consider the following:

Systems

A review of the current systems in use and whether increased automation is possible to ease administrative burden for all staff at all levels alongside improving efficiencies.

Workflows

Can efficiencies be introduced to reduce repetitive processes and improve staff productivity?

Internal controls

Consideration of the current internal controls and their suitability—do those staff members performing tasks possess the necessary skillset to reduce risk? Is the scheme of delegation fit for purpose?

Suitability for scaling

Consideration of the staffing structures and opportunities to redistribute and reorganise resources for improved efficiency to meet the needs of a growing Trust.

If you would like to arrange a discovery call to discuss your needs please contact us.

Book a discovery call today!

Accreditations

Straightforward

Dependable

Empathy

Lasting Relationships

I have known Phil for five years. During this time he has helped me to understand the world of academy finance. Phil is extremely knowledgeable in the academies arena, and more generally in accounting and is held in high regard by his peers and others in the sector. Phil is responsive to requests and replies quickly with an answer and adds depth through an explanation to help you understand the answer. Phil's friendly professional manner makes him extremely approachable, and I have never felt like I am asking a silly question, even though I am certain I have asked a few of those! Phil's updates, summarising key changes in the industry, are my go-to when government guidance is updated. In addition, I have attended training Phil has delivered to various stakeholders. The audience and level of prior knowledge have been carefully considered in each of these. To get an independent view on a specific area, or a more general audit of either processes or financials, Phil would be my go-to person. He would be top of my list to refer my peers to and I would highly recommend him for both ad-hoc and ongoing pieces of work.

Leanda Arnold, Chief Financial Officer, Rainham Mark Education Trust

Relationships are built on conversations…