Head of Finance St George Barcelona

**Description**

ISP Iberia Region

Head of Finance - St George, Barcelona

Location - On site school location, Barcelona

The Role:
The Head of Finance - Barcelona position will be responsible for the ISP school in the city of Barcelona. This position will have a direct reporting line into the Head of the school and a dotted reporting line into the Regional Finance Director for the Iberia region. The person in this role will be a key finance representative of the Iberia Finance team. The individual will be responsible for ensuring all financial and tax information is controlled and accurately reported, in accordance with strict deadlines, to satisfy all internal and external reporting requirements for each school and to support the Heads of the school, in the day-to-day financial operations and commercial activities of the schools.

Main Responsibilities:
Statutory and Management Reporting and Financial Planning
- Review and control to ensure financial transactions are recorded accurately in the ISP Group transactional and consolidation system NetSuite, in accordance with the ISP Group reporting requirements.
- Work closely with the centralised Regional Billing team to implement internal financial processes and procedures to ensure the accurate recording of all revenue transactions for the schools.
- Manage the accurate and timely recording of all supplier invoices for the schools.
- Produce and review timely financial statements, P&L, Balance sheet and Cash flows, including regular reconciliation to internal management reporting.
- Conduct quarterly reviews of balance sheet movements and perform reconciliation on all key and material balances.
- Responsible for the annual budget and the P&L forecasting process for the schools.
- Produce monthly management reporting and review monthly actual variances to the schools’ budgets, providing useful explanations, to drive corrective action, if needed.
- Establish processes to ensure accurate data collection and review of monthly KPI data for the schools’ enrolments and the schools’ headcount.

Control and Compliance
- Establish and maintain a robust internal control and compliance environment, with regular balance sheet review and reconciliations, to ensure external and internal reporting is free of material misstatement.
- Work with the centralised collections team to understand aged debtors for the schools and support as necessary to collect all outstanding amounts.
- Support the annual Group audit, by being the point of contact for the auditors, for the schools in Madrid.
- Monitor and follow up on external audit issues and implement recommended improvements.
- Ensure accounting treatment is consistent and aligned with Group accounting policies. Where there are local differences, maintain a reconciliation of locally reported figures to Group reported.
- Ensure all external statutory financial filings are made in accordance with required deadlines.

Cash Flow and Capex
- Responsible for ensuring that local cash management is optimised.
- Record and report local bank balances regularly.
- Responsible for ensuring conducting and completing the monthly bank reconciliation and clearing all reconciling items.
- Record capital expenditure for all major projects and assess the impact of significant cash outflows on cash forecasts.
- Produce monthly cash flow statements versus budget and forecast cash projections, to ensure schools have adequate funding.
- Assist in the completion of Capex investment papers, providing financial and analytical input.
- Conduct regular review of actual expenditure for capital projects versus approved budget spend and highlight deviations.

Tax
- Ensure the policy, procedures and practices relating to taxation comply fully with all legal and regulatory requirements and codes of practice /conduct.
- Liaise with external tax advisors as appropriate.
- Maintain a good technical knowledge of relevant tax policies and processes.
- Ensure all external tax filings are made in accordance with required deadlines.
- Responsible for ensuring that the tax accounts VAT, IRPF, Social Security, at the end of the month are correctly posted and supported in the NetSuite.
- Control of the SII report to Tax Authorities

Commercial Support
- Responsible for suppliers’ management, including agreements supervision and financial analysis to support procurement options, working closely with the FP&A and school team. Discuss with school management team to decide on preferred option and follow necessary internal approval procedures to action.
- Drive the finance integration of new acquisitions, implementing the ISP financial processes, procedures and systems, in a timely manner.
- Develop a business partnering approach, providing financial guidance and analysis to the management of the schools, to support them in their ongoing development and growth of their schools.
- Conduct regular financial review meetings with the management of the schools to drive un