Management Accounts
Introduction
Management Accounts (MA) sits at the heart of UWE’s financial operations and works with the key decision makers to ensure that the financial challenges faced by the university are understood and translated into sustainable financial results. MA has a number of responsibilities, including the following:
· Setting budgets for all parts of the organisation for both revenue and capital activities, monitoring performance against these targets, investigating variances and agreeing with accountable officers financial forecasts for their operations and projects
· Reporting financial performance to all faculties and services and upwards to the senior leadership team, Finance Committee and Board of Governors
· Acting as Business Partners through supporting and challenging budget holders and other staff to improve financial management at UWE, interpreting and applying the Financial Regulations, providing formal and ad hoc training to improve financial skills and use of systems
· Providing input to business cases and investment proposals, from small scale projects to the UWE Masterplan
· Working with internal and external auditors to assess the standards of business conduct and governance at UWE
· Agreeing and tracking efficiency savings as part of UWE’s Value for Money strategy
· Conduct strategic financial planning into the medium and long term, building models that enable scenario modelling
· Work closely with colleagues in other services so as to produce consolidated key performance information (KPIs) for monitoring and planning purposes and as part of internal and external benchmarking
· Ensure post-contract award research activities are monitored and accounted for according to applicable requirements
· Meeting the reporting and forecasting requirements of the funding bodies and the sector regulator, HEFCE and ensuring financial activities are accounted for in a technically correct manner
Structure
All parts of UWE have dedicated management accounting support. Contact list. There are two teams working in support of either Faculties or Services, central operations and capital projects.
