Building financial resilience in a brave new world

09:30 - 16:00, 14 September 2017 Leeds

Fee: £280+VAT

Confidence in financial management is essential, and as pressure increases on leadership teams, budget responsibility needs to be shared by a larger pool of staff in schools.

This one-day course is aimed at new and aspiring leaders as well as colleagues taking on budget responsibility for the first time. It provides practical advice to support the development and application of your skills in resource planning and staff deployment.  

Funding is one of the enabling factors in achieving your vision but requires a down-to-earth understanding of what the budget looks like now, and what it might look like in the next three to five years. At the core of strong financial leadership is the ability to understand how curriculum decisions are likely to impact on the financial health of your school, and how to achieve financial sustainability and survival.

Key elements of the course include:

  • The implications of funding reform and what income streams are available.

  • What a good budget plan looks like.

  • Key performance indicators in a financial plan.

  • Communication: the questions you should ask to get the answers you need.

  • Risk management and horizon scanning

  • A jargon-busting session on the language of education finance.

  • The importance of delegated budget responsibility.

Course objectives:

  • To understand how to make informed financial decisions in school and who is responsible for what.

  • To understand how to lead a dynamic strategic financial planning process.

  • To be able to deliver a budget that is both proactive and able to react to change.

  • To be able to deliver and maintain effective and compliant financial monitoring and reporting processes.

Those seeking a more detailed understanding are advised to consider attending our linked course Getting it Right – curriculum, staffing and budget


Welcome and introduction


Session 1: Money, money, money
Funding reform and the national funding formula
Income streams and how to use them
Jargon buster


Refreshment break


Session 2: Financial Leadership
Roles and responsibilities
Communication and teamwork
Risk management and due diligence
Regulation and compliance


Session 3: Budget planning
The budget planning cycle
Key performance indicators and benchmarking
Financial health and efficiency
Scenario planning and adapting to change




Session 4: The magic numbers
How to calculate affordable pupil teacher ratio (PTR)
Contact time and average class size


Session 5: Monitoring and reporting
Mandatory requirements – internal controls and policy
Academies Financial Handbook (AFH) and Schools Financial Value Standard (SFVS)
Good practice


Session 6: What does a strategic financial plan look like?
Asking the right questions


Plenary and close