We can help your school to:
- Maintain accurate and up-to-date financial records
- Provide statutory returns and meet annual requirements
- Comply with regulations set out by Oxfordshire County Council
What does the service offer?
- Qualified and experienced Finance Officers, based in Oxfordshire.
- Dedicated named Finance Officer
- Advice and support for your operational and strategic financial management with support also given on compliance including budget planning, statutory regulations compliance, financial modelling and forecasting and sensitivity analysis
Helpline:
- “How to” support for SAP finance applications
- First-line finance query handling
- Hints and tips update
- Management of school finance help and intranet guidance
- Central email account contact
- Improved information on usage and key/frequently asked questions
Training and events/information and additional advice:
- Network meetings in the local area
- Additional help notes and training manuals
- Financial Planning Software (FPS) support for financial monitoring and reporting
- On-site visits from Oxfordshire-based finance staff
Budget planner
- A web-based multi-year budget planner
- Annual rollover of data to avoid input from scratch
- Upload/download of data for maximum flexibility in monitoring at minimum input
Budget setting:
- Budget surgery face-to-face session or remote support
- Advice on producing a balanced budget
- Development and maintenance of budget planning tool
Budget monitoring:
- Budget monitoring visits
- Review of budget monitoring
- Payroll review
Further finance services also included
- School Finance Officer inductions
- Headteacher Finance inductions
- Closedown guidance
- Finance “how to” help desk queries
- Support with school finance staff recruitment process
- Up to 12 hours of free bursar service to cover emergency absence
Targeted and preventative support (identified schools):
- Strategic challenge, support and advice
- Action planning
Academy conversion:
- Pre-decision support and advice
- Support on the financial aspects of the academy conversion process
Key benefits to the school
- Dedicated finance officer based in Oxfordshire who understands and responds to individual school’s needs
- Easy access to the finance team access via email and telephone.
- Focused approach for schools that need extra support
- Supports schools in fulfilling their statutory obligations and facilitates good practice
Pricing
Charges reflect the full amount payable for 12 month period from 1 April 2017 to 31 March 2018
This service will be provided by arrangement with Hampshire County Council
School type | Pupil numbers | Price |
---|---|---|
Primary |
Up to 50 |
£1,627.00 |
Primary | 51-150 | £2,037.00 |
Primary | 151-300 | £2,928.00 |
Primary | 301 - 1000 | £3,464.00 |
Secondary | - | £5,098.00 |