Finance

Specialist, high quality advice to support in managing your academy finances by our qualified team

Our services include:
  • Academy budget preparation and financial management
  • Implementing the Academy's financial management system
  • Maximising the freedoms and flexibilities of Academy status
  • Management of the financial management system, including bank reconciliation, VAT, reporting, payroll  costing, cash flow management and month end procedures
  • Update and advice on national and local school funding issues
  • Calculation of staffing costs and ongoing monitoring
  • Budget prioritisation and scenario development
  • Checking and predicting of income streams e.g. school budget shares, LACSEG etc
  • EFA self assessment support
  • Cost reduction proposals and implementation 
  • Contract negotiation and tendering
  • Curriculum modelling and costing

In our experience, most schools require significantly more finance support following their conversion to academy status, and our team are experts in this area.

Avec's lead consultants currently provide academy finance support to over 20 academies and as a result have built an established reputation and knowledge base. 

See 'Clients' for our testimonials

Latest News

Schools North East Patrons Dinner 15th March 2018

We are looking forward to the annual Schools North East Patrons Dinner on Thursday 15th March 2018 at The Biscuit Factory, Newcastle.  More details can be found here: http://www.schoolsnortheast.com/m/patrons-dinner/ Read More >

Christmas Greetings

On behalf of everyone at Avec, we would like to wish you a very happy holiday. We look forward to working with you in the coming year! Merry Christmas! Read More >

New Team Members!

Avec now has a team of 35 and we are delighted to welcome Lisa Thompson as our Senior HR Partner, Anne Aspey to our Governance Team and Sophie Bainbridge who will be working in our busy new office in Newton Aycliffe. Read More >