1. New Headteachers Induction - Finance
Sally Laidlaw
Schools Accountant

2. Leading an Effective School
National Standards of Excellence for Headteachers
Ensure that the school’s systems, organisation and processes are well considered, efficient and fit for purpose, upholding the principles of transparency, integrity and probity.
Welcome strong governance and actively support the governing board to understand its role and deliver its functions effectively – in particular its functions to set school strategy and hold the Headteacher to account for pupil, staff and financial performance.
Exercise strategic, curriculum-led financial planning to ensure the equitable deployment of budgets and resources, in the best interests of pupils’ achievements and the school’s sustainability.
Create outward-facing schools which work with other schools and organisations - in a climate of mutual challenge - to champion best practice and secure excellent achievements for all pupils.
Develop effective relationships with fellow professionals and colleagues in other public services to improve academic and social outcomes for all pupils.

3. Leading an Effective School

4. Leading an Effective School

5. Finance Manual for Heads and SLT

6. Contents Your Role Funding Sources Regulatory Framework Key Documents
Monthly Reports
Budget Planning and Monitoring
Routines

7. Reducing Financial Risk
Purchasing and Paying for goods
Paying People
Income
Cash
Assets
Conflicts of Interest
Financial Oversight
Sound Decision Making
Robust Planning and Monitoring

8. Leading an Effective School

9. Leading an Effective School

10. Leading an Effective School

11. What is Financial Management?
Strategic Plan
Budget Monitoring

12. How are schools funded?

13. How are schools funded?
PPG
Grants
Lettings
PTA

14. How is your budget spent?
19%
Supplies and Services 7%
Premises
83%
Staffing

15. Leading an Effective School

16. Leading an Effective School

17. Federation or Partnership
Leading an Effective School
Teaching School
EIP
Cluster
Network
Federation or Partnership
MAT

18. Bursar - Business Manager
Leading an Effective School
Governing Body
Trust Board
Bursar - Business Manager
Headteacher

19. Leading an Effective School

20. Key Contacts - Finance Sally Laidlaw – Schools Accountant
Telephone: Mobile:
Sarah Rice – Finance Manager, Schools
Telephone: | Mobile:
Ed Beale – Schools Funding Manager
Telephone: Mobile:

21. Any Questions?

22. Summary Measure performance; encourage innovation
Ask questions – and be prepared to answer questions
Start working on key relationships now!

23. Leading an Effective School