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The Finance Department plays an important role in the success of the company - financial control, analysis and reporting is a key part of the commercial-decision making process for the business.
There are three main functions within the Department:
The Financial Control team ensures the business is operating effectively and efficiently. It is responsible for accounting and the implementation and monitoring of internal controls. The team is based in Colchester and includes station accounting, accounts payable and receivable, payroll, treasury, station accounting, financial accounting, finance systems and transactional procurement.
Financial Planning and Analysis
The Financial Planning and Analysis team is based in London and is responsible for the preparation of management accounts, budgets, forecasts and longer term Strategic Plans as well as the evaluation of investment proposals. They work closely with Directors and budget holders across the business to report and control revenues and costs, and support and inform the development of the business strategy.
The Internal Audit team is responsible for the evaluation and improvement of risk management, control and governance processes across the business. Their role covers the efficiency of operations, the reliability of financial reporting, deterring and investigating fraud, safeguarding assets and compliance with laws and regulations.