Finance

  • Finance Support

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  • Additional Services

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  • Training

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Support, Knowledge, and expertise when you need it.

With increasing costs and decreasing budgets our flexible school finance support packages for both maintained schools and academies, give your leadership and governors the clarity, confidence and assurance that your finances are being well managed. Our service is provided through a blend of remote support and school visits. Our team has a wide breadth of knowledge and experience in schools’ finance. All of our team either have an LA finance background or have worked as School Business Managers in the maintained or academy sector.

 

Maintained Schools

For maintained schools, as part of our package we can offer advice and assistance with:

  • Budget planning – using online budget planning software, we are able to assist with creating your budget plan
  • Budget monitoring – our budget monitoring spreadsheet has been developed to provide governors and leadership with a comprehensive but easy to understand view of the school’s finances
  • Day to day support – our helpdesk offers telephone support on software issues for FMS and Bromcom Finance and we can assist schools with returns to their local authority, CFR and year-end queries. We also have the facility to be able to ‘remote’ on to your server and resolve issues which cannot be dealt with over the phone
Schools’ Finance Support

 

Academies

For academies our package allows academies to buy back from us the services that they require, we can offer advice and assistance with:

  • Budget planning – using online budget planning software, we are able to assist with creating your budget plan
  • Monthly Budget Monitoring & Cash Flow – we can work with the school to assist with providing a report which informs the Trust on their financial position and meets the requirements of the Academies Financial Handbook
  • Day to day support – our helpdesk offers telephone support on software issues for FMS and Bromcom Finance. We also have the facility to be able to ‘remote’ on to your server and resolve issues which cannot be dealt with over the phone
  • Year End – we can assist with your preparation for year-end and work with you to ensure that the year-end journals are posted correctly
  • Budget Forecast Returns – we can complete the returns that are required to the EFSA, ready for you to check and submit to the EFSA
  • Internal Scrutiny – our comprehensive Internal Scrutiny package has been designed to meet the requirements of the Academies Financial Handbook. Click here to download our Internal Scrutiny leaflet.
Schools’ Finance Support

Additional services

Further to the services provided through our package, we can assist you with:

    • Creating a 3 year budget
    • Carrying out a review of the administrative team in your school to ensure the most cost effective use of your staff
    • Attending a governing body meeting to assist with specific agenda items
    • Assisting with the recruitment of new administrative staff including being part of your interview panel
    • Assistance with benchmarking
    • Additional one to one training
    • Additional budget monitoring assistance

We are able to provide on-site FMS training to new members of your team or alternatively, staff can attend our scheduled termly Introduction to FMS course. We provide training on Equipment Register and offer a wide range of training courses on different topics throughout the academic year. Our courses provide value for money and we offer a significant discount to our clients who have an SLA with us.

Our training options include webinars for remote learners as well as courses and workshops held in our Training Room.

To view our training schedule or make a booking, click on the link below:

https://training.strictlyeducation3bm.co.uk