Academy Conversion Finance Support

Specialist financial support, every step of the way.

Converting to an academy will bring additional responsibility and workload to your already stretched finance team.

Our specialist consultants can provide support, training and guidance whenever you need it. After helping over 200 schools make the transition to academy status we have already jumped through the hoops many times.

From letting you know what sources of EFA funding are available, advising on finance systems, helping with closing and opening accounts to making sure you meet your reporting and budgeting submissions, we will support you every step of the way.

Strictly Education used their academy and finance expertise to make our academy conversion run smoothly advising and helping throughout the transition.
— Heike King, School Business Manager, Hillyfield Primary Academy

The main features of our academy conversion finance service are highlighted below.

Please request a quote or get in touch for further information.

Service Features

Payroll Strategy

  • Hierarchical portal viewing
  • Pension reporting
  • Strategic advice & planning
  • Full management information
  • Metrics across all schools
  • Absence reporting

Payroll Administration

  • Specialist online portal
  • Dedicated payroll officer
  • Cost-centre configuration
  • Multiple LA & TP pension rules
  • LGPS employee banding
  • Changes 4 days before pay run

Finance Strategy

  • MAT level budgeting
  • MAT level accounting
  • Benchmarking guidance 
  • SLT reporting & analysis
  • Financial controls
  • ESFA reporting

Accounting Advice

  • Budget setting
  • Third party returns
  • Staff costs & restructuring
  • Monthly reporting & advice
  • Pre and post-audit support  
  • Accounting system set-up