Scope of Work
Consitant Financial Reproting (CFR) complinace check
Schools Income and Expenditure report recocnilation with Cash flow and upload return to NOVUS
Schools Balance Sheet reconciliation with Income and Expenditure and upload return to NOVUS
Review Schools bank reconciliation, accruals, schools debtors, schools creditors and school VAT returns
Prepare year end reprot for school business manager, headteacher and governors
Advise schools on various other matters such as control accounts, deficit recovery plan and etc
Why choose us?
We offer experienced, dedicated staff, most of whom have offered financial support to schools for many years.
We support all the maintained schools in Haringey Council and the traded service benefits from the strong links and information exchange within the Council core services, for example developing the school’s formula and ongoing discussions with the Schools Forum.
We have ready access to all the other elements of Council's support services to schools such as payroll, HR etc to offer a seamless service informed by in-depth knowledge of the school’s circumstances.
We aim to develop and maintain strong relationships with the schools we support so that we can offer bespoke services to suit every individual school.
Service Levels Agreement
The school’s finance team undertake to;
To provide virtual / remote support service to respond to general enquiries, queries raised are resolved within 5 working days.
Provide School account clousre services to school.
The service is based on 2 days financial support from a dedicated resourses.
Schools are required to complete all month end process for period 12 where possible.
School Finance team will work with SBMs for submsion of accounts to NOVUS.
Take action on constructive feedback received at termly information sharing sessions.
Provide a user satisfaction questionnaire to continually develop and improve our services year on year.
Issue year end close down reports to schools within six working days following the account closure for headteacher and school business manager .