Head of Finance

IBP Recruitment
12 Mar 2018
18 Apr 2018
Contract Type
Full Time
IBP Recruitment are currently recruiting for an Head of Finance for a very exciting charity. Are you cuurently a Head of Finance that is looking for a new role, that has experience with charity work?

The main duties include the responsibility for the following:

* Responsibility for the production of Statutory Financial Accounts
* Source of expertise relating to VAT, Corporation Tax, PAYE and ensuring that these areas are appropriately managed.
* To oversee the treasury function including cash-flow planning and achievement of investment income opportunities
* Lead on the Financial Performance Reporting to the Board and its subcommittees as appropriate
* Leading the budget planning process and preparation of the annual budget for the Society ensuring strong processes are in place for resource allocation and performance monitoring at all levels of the Society.
* Responsibility for driving improvements to and the maintaining of the Internal Financial Control Framework
* Oversee projects to improve the performance of Finance processes across the organisation
* Providing sound financial advice to directors and other senior management.
* Lead the Finance Department in the production of financial statements which are fully compliant with Charities SORP, Company Law and any additional requirements of the Charity Commission, as appropriate.
* Oversee monthly, quarterly and annual financial activities to ensure the timely delivery of accurate and timely financial performance reporting to the Finance Committee and the Board of Trustees.
* Working with senior budget holders within the Charity, its trading subsidiary and other relevant parties to produce annual budgets in line with organisational strategy.
* Leading on and improving the systems surrounding all aspects of project budgets, organisational forecasts and business planning, with a particular focus on the financial information flows between Fundraising and Service Managers.
* Work with other Senior Managers across the organisation, creating viable business models and tools for financial decision making which support the business strategy
* Provide guidance and project management where necessary to ensure financial systems, procedures and process changes are made as and when necessary to enable changes in reporting requirements.
* Working with the Director Resources in developing performance metrics and critically appraising the current activities of the organisation.
* Implementation and maintenance of effective and regular monitoring of control processes to minimise likelihood of misstatement or misappropriation.
* Work with internal audit in order to ensure that activities are focused on known weaknesses and are value added.
* Introduction of new processes where weaknesses are identified, where appropriate through the use of technology.
* Ensure appropriate controls are in place, through the segregation of duties and written procedures to ensure adequate controls over incoming and outgoing funds.
* Review and updating of Finance Procedures and the effective communication and training of staff in these, within the Finance Department and across the Charity.
* Understand, manage and supervise all aspects of the Charity’s cash flow.
* Forecast weekly and monthly cash requirements, executing daily Treasury management decisions.
* Prepare and monitor cash flow forecasts and perform financial modelling on forecasts to enable scenario planning.
* Monitoring and reporting on funds available (restricted, designated and general) for all projects against projected cashflow requirements.
* Evaluate, develop and implement cash management systems to optimize efficiencies, making recommendations in accordance with the investment policy.
* Manage the key banking relationships, addressing service fees and quality issues, in line with the Charity’s needs.
* The post holder will have access to confidential information that may only be disclosed to parties entitled to receive it e.g. staff and donor records, and will therefore be fully conversant with the Data Protection Act.
* To manage the Financial Department, by providing support, training and guidance as appropriate.
* Any other duties commensurate with the post as requested by the Director Resources.

The ideal candidate for this role should have the following skills & qualifications:

* CCAB qualified accountant with proven experience in the preparation of Statutory accounts and detailed knowledge of Charities’ SORP
* Significant Charity sector experience, with detailed knowledge of Charity Commission requirements, Governance issues, Charity VAT and other statutory issues pertaining to a Charity
* Proven track record in managing teams
* Experience of working directly with and managing relationships with internal and external stakeholders
* Experience of setting up and managing internal control systems
* Evidence of continuing , relevant professional and personal development
* Understands and applies commercial and financial principles to improve business performance.
* Keeps up to date with external factors impacting on the business environment.
* Completes work to a high standard and always seeks to improve performance.
* Generates new ideas to improve existing approaches.
* Identifies learning from previous experiences and applies it to new situations.
* Willingness to develop knowledge and understanding of pension scheme adminsitration

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