We seek to apply cross-industry leading practices across all core Finance areas, and to standardise and simplify Finance processes
The Finance Transformation Programme is responsible for leading a programme of change to realise the College’s operational excellence agenda within the Finance function. This includes the development and implementation of process, system and organisational changes which improve Finance efficiency, effectiveness and service while remaining compliant with our statutory and regulatory requirements.
We seek to apply cross-industry leading practices across all core Finance areas, and to standardise and simplify Finance processes to deliver a resilient and high performance organisation, providing the advice and services the College requires in a timely and effective manner.
Current projects within the Finance Transformation Programme
Updating the College's core financial systems and processes to align with the future financial strategy of the College
My Expenses Phase Two
Reviewing our employee expenses processes and policies, following the implementation of the My Expenses system across the majority of the College
Improving the process for paying USD and EUR invoices, bringing it in line with the process which is currently in place for GBP invoices
Implementing a number of changes in College accounting policies, processes and systems required to comply with revent statutory accounting changes
Migrating the College's terminal and online card acquiring facilities, replacing point of sale machines and updating multiple card payment pages
Enabling donors to set up direct debits online, providing a more professional service