Finance and Business Support
At S4S, our specialist finance staff have many years of experience of working with Schools, Academies, Free Schools, Children’s Centres, Pupil Referral Units and Local Authorities and are all committed to providing you with the highest quality services and support.
Whilst we have a range of ready-made support packages available, we are happy to discuss your individual requirements and tailor our services to respond to the changing needs of your school.
You can be assured that our staff will conform to the latest legislation, meeting the standards expected by the Department for Education and the Education Funding Agency.
Strategic financial planning
We work closely with your leadership team to provide you with professional strategic advice, which supports you in making the right decisions and assist you in improving performance in your school.
Our Bursar Service provides an enhanced financial service, enabling schools to fulfil the management responsibilities of a delegated budget.
Effective resource management
Varying levels of finance support designed to ensure you make the most of available resources. Whether you want telephone support on routine matters, timely advice on statutory reporting from our finance specialists, or onsite support with accounting, benchmarking and analysis, our service packages will relieve the burden of financial management and enable you to focus on teaching and learning.
We can also provide you with experienced staff when you face a temporary absence of your financial administrator and assist you in recruitment and selection processes for posts that have a responsibility for school finances.
The Academies Finance Service provides a range of support essential to the short-term and long-term success of both new and existing Academies.
- Pre-conversion support
- Full Budget planning and monitoring support
- Cash flow forecasts preparation and analysis of cash flow positions
- Reconciliations and day-to-day financial support
- VAT returns services
- Assistance with the preparation of statutory annual returns,
Annual Report and Statutory Accounts.
Supporting your systems
We can provide schools with a range of additional support:
- Monthly balancing of the schools’ finance
system and the Local Authority’s accounting system.
- Auditing of School Funds / unofficial funds
- Assistance in reviewing the Schools Financial Value Standard self-assessment
- Project consultancy and advice.
S4S offer a comprehensive training programme aimed at all members of school staff and governors involved in school finance.
Our Procurement assistance will help you meet efficiency targets and ensure that you are able to obtain goods and services that provide value for money. Providing you with essential advice on available contracts, consortia agreements, supplier sourcing and support with the tender process.