Outsourced Finance Director Managed Service (LSHW.002.2025)

Open

Buyers

Value

£48,000

Classifications

  • Corporate finance and venture capital services
  • Accounting, auditing and fiscal services
  • Financial consultancy, financial transaction processing and clearing-house services

Tags

  • tenderUpdate

Submission Deadline

14 hours from now

Published

9 hours ago

Description

Life Sciences Hub Wales seeks the provision of a suitably qualified, capable and experienced Outsourced Finance Director Managed Service to act as interim replacement for its outgoing Director of Finance and Resources.
The current Finance team at Life Sciences Hub Wales, sans the Director of Finance and Resources, is comprised of a part-time Finance Manager (0.6FTE, reporting to the Director of  Finance and Resources) and an outsourced bookkeeper (circa 7 hours per week, reporting to the Finance Manager).
The Director of Finance and Resources is a member of the Life Sciences Hub Wales Senior Leadership Team, reporting directly to the CEO; the Outsourced Finance Director Managed Service representative(s) would also report directly to the CEO.
It is envisioned that 3-4 days per calendar month of Outsourced Finance Director Managed Service provision would satisfy the requirement of the service.
The required Outsourced Finance Director Managed Service provider would act as a replacement to the current Director of Finance and Resources, addressing and successfully completing the key financial and accounting activities currently undertaken within the role.
Full details of the requirement are provided in the Invitation to Tender document uploaded to Sell2Wales.

Documents

Premium

Bypass the hassle of outdated portals. Get all the information you need right here, right now.

  • Contract Agreement

    The official contract terms, conditions, and scopes of work.

    Download
  • Award Notice

    Details on the tender award and selected suppliers.

    Download

Similar Contracts

Open

DFE - FE Colleges -The Provision of Internal Audit Services for the FE Colleges in NI

South Eastern Regional College (SERC) on behalf of the six Regional Colleges in Northern Ireland (“NI Colleges”) wishes to appoint a single Supplier for the provision of Internal Audit Services. In accordance with the Partnership Agreements between the Colleges and the Department of Finance’s (DoF) Audit and Risk Assurance Committee Handbook (NI), all Further Education Colleges in Northern Ireland are required to have an internal audit service. The prime responsibility of the internal audit service is to provide the Governing Bodies, Accounting Officers and College management with assurance on the adequacy and effectiveness of the internal control system of each College. Each College is required to ensure that it has sound systems of financial and other management controls. The principal objective of the internal audit service should be to review, appraise and report on the adequacy, reliability and effectiveness of the systems and controls established by management to ensure • the financial business of the College must be conducted in accordance with the arrangements and conditions set out in the Financial Memorandum; • every effort must be made to ensure that the College operates within its available funding; • due attention must be paid to the efficient and effective management of all the College’s resources and expenditure, capital assets, equipment and staff so that public funds are not put at risk and that value for money and other financial considerations are taken into account in reaching decisions and in their execution; • the College must comply with such other relevant guidance/instructions on financial control as are issued by the Department from time to time; and • the College should formulate and implement a policy to ensure that its accounting and other procedures contain all reasonable safeguards against fraud and theft. Suppliers should refer to the Specification Schedule within eTendersNI for full detail on the deliverables of this contract.

Katy Reed

Published 9 hours ago

AI Bid Assistant

Our AI-powered tool to help you create winning bids is coming soon!

View Contract Source Save Contract

Timeline active

Publish
Bid
Evaluate
Award
Complete