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Assistant Finance Manager

  • Employer: London Borough of Newham
  • Reference: 5038
  • Published: Wed 15/10/2025, 16:40 PM
  • Closing on: Sun 09/11/2025, 23:59 PM
  • Working Pattern: Full Time
  • Hours: FULLTIME
  • Salary: £50,000 - £74,999
  • DBS Check: No
  • Location: Greater London

Assistant Finance Manager 

£54,267 - £57,402 per annnum

We are looking to recruit to three Assistant Finance Manager positions in the Finance Team supporting the following areas: 

  •  Adults & Health 
  • Inclusive Economy & Housing 
  • Financial Strategy 

Help Build a Fairer Newham 

Newham is a vibrant inner-city borough in the heart of East London with excellent transport links to the rest of the Capital and South-East England. Home to the Olympic Park, the Royal Docks and City Hall, it is also one of the youngest and most diverse councils in the country, with a mission to Build a Fairer Newham for all of its Residents.   

The Council's Finance Department are now recruiting to the Assistant Finance Manager level for individuals who are looking for a fresh challenge or candidates with relevant experience looking to progress to the next stage of their career. 

The Assistant Finance Manager will play a key role in improving financial management & control, and accountability across the organisation, and enable effective proactive financial planning. We have three roles available at this level, all focussed on ensuring finance and organisational transformation is delivered efficiently and effectively, at speed.   

You'll support the strategic, financial reporting or partnering activities of one of our front-line services. Whether your focus is on Adults & Health, Inclusive Economy & Housing or within Financial Strategy, you’ll be expected to fuse innovation, effectiveness, efficiency and sustainability into everything you do. 

We are looking for innovative individuals who can lead by example and help build a sustainable, highly effective, service that delivers exceptional support for one of our front-line departments or the council as a whole. 

Ultimately, this is about making everyday life better for over 350,000 people across the borough, as well as millions of workers and visitors. You’ll introduce more robust planning, find new revenue streams – and help us invest further in our resident-centric services. 

The Job Description includes details of the role’s purpose and responsibilities. Specific areas of responsibility include: 

Adults & Health 

  • Support the delivery of high-quality financial management across Adult Social Care and Public Health services, working closely with senior finance colleagues 
  • Assisting in the preparation and monitoring of forecasts for the Adult Social Care external placements budget through the preparation of large data sets. 
  • Supporting the development of financial models, options appraisals, and variance analysis to inform service planning. 
  • Contributing to the financial aspects of transformation projects within Adult Social Care. 
  • Working closely with the Adult Social Care Department to provide support of the budget monitoring and year-end financial process 
  • Conduct in-depth financial analysis into aspects of trend analysis and forecasts when required 

Inclusive Economy & Housing 

  • Predominantly working with Housing Services to support their budget monitoring and budget management in particular relating to Temporary Accommodation 
  • Provision of professional financial and accounting advice to budget managers across the Housing General Fund service 
  • Support and challenge on MTFS savings delivery and potential resolutions where pressures arise 
  • Financial modelling of Temporary Accommodation income and expenditure including reconciliations and trend analysis to inform forecast options 
  • Reconciliation of Temporary Accommodation expenditure with the Northgate Housing Management System 
  • Monitoring and maintaining the various funding sources and maximising allocations in line with demand and expenditure 
  • Analysing the position on arrears and actively working with other services to find solutions to reducing the pressure 

Financial Strategy 

  • Working within a small team to support development of the Council’s Medium Term Financial Strategy and budget management regime. 
  • Modelling growth, investments, and savings for the medium-term financial strategy. 
  • Establish/Maintain key central finance methodologies and processes e.g. corporate recharge model, Sales Fees & Charges, Establishment pay model, Collection Fund, Government Grant Funding.  
  • Support scenario modelling in response to policy and funding changes. 
  • Support the annual budget setting process, ensuring transparency and alignment with Council priorities. 
  • Support Coordination of Monthly Revenue Budget Monitoring including savings, reserves, and corporate funding. 
  • Analyse evidence-based options for savings and investment to inform Budget development. 
  • Support production of the outturn position and support in closing of accounts   
  • Collaborate across finance to improve systems, budget monitoring, and reporting. 
  • Providing Finance Support to the Transformation Team in development and delivery of the transformation programme to ensure potential savings are accurately defined and ultimately delivered and properly accounted for. 
  • Working with Budget Holders in Central Services assisting in the production of an effective budget plan within existing cash limits for the service; preparation and monitoring of forecasts; Supporting the development of financial models, options appraisals, and variance analysis to inform service planning; and supporting year-end financial process 

An essential requirement of this role is for applicants to be a full member of CCAB (preferably CIPFA) or part qualified; AAT equivalent with relevant experience, e.g. 2+ years working in the sector. 

For more information or for a confidential discussion, please contact Hayley O’Brien on 020 3373 9394 or Nicholas Pyne on 020 3373 7385   

If you are interested in this role, please submit a supporting statement, explaining in no more than 1 x A4 side on why you would like to apply. Please ensure you state a preference for the area you are interested in and note this will be based on suitability. 

Please view JD here

Closing date: 9^th November 2025 

Additional Information

We are committed to creating an inclusive, anti-racist environment for all. When you apply for a job at Newham, your application is considered on its merits regardless of your age, disability, ethnicity, faith, gender identity or sexual orientation. If you share our vision and values, and you bring the experience and skills we need, that’s all that matters to us.

The London Borough of Newham has important responsibilities for safeguarding and promoting the welfare of children, young people and vulnerable adults. If you are appointed to a job that involves working with these groups, you may be subject to a Disclosure and Barring Service (DBS) check.

We practice anonymised recruitment. Please ensure that you remove all personal information from any documents that you upload.

The personal information we have collected from you will be shared with Cifas who will use it to prevent fraud, other unlawful or dishonest conduct

Apply Now

  • Employer: London Borough of Newham
  • Reference: 5038
  • Published: Wed 15/10/2025, 16:40 PM
  • Closing on: Sun 09/11/2025, 23:59 PM
  • Working Pattern: Full Time
  • Hours: FULLTIME
  • Salary: £50,000 - £74,999
  • DBS Check: No
  • Location: Greater London

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