FINANCE ADVICE AND SUPPORT

The Tennyson Learning Community finance function is led by the Head of Finance, who provides advice and practical support to each of the school’s Senior Leadership teams. Strong financial management is a key component in any successful MAT

Our focus is on providing senior staff, trustees and governors with up to date, clear and relevant information for informed decision making. Financial returns and audit services are managed at Trust level, leaving school leaders free to concentrate on managing their budgets and maximising the use of resources.

Each school is provided with on-site support during the joining process, along with ongoing financial training and oversight. The HOF will ensure that financial processes and procedures within our schools are robust and effective and compliant with regulations and with Company and Charity Law.

At a glance:

General

• Access to financial expertise and training from a range of MAT staff including the Head of Finance
• Advice on compliance with the Academy Financial Handbook and the MAT’s financial procedures
• Provision of internal and external audit service
• Financial risk audits
• Whole school efficiency reviews and support

Procurement

• Access to a central team of qualified procurement specialists who will create a clear picture of your current procurement practices & provide advice on opportunities
• Training to procure goods & services effectively
• Access to procurement savings via the MAT group agreements

*Please note that procurement of lower value or occasional items remains the responsibility of individual schools in line with the agreed scheme of delegation.