Finance Manager
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Transatlantic Cost of Living & Purchasing Power Benchmark
Position Overview & Specifications
Title:
Finance Manager
Reporting to:
CEO
Location:
Ealing/Hybrid
Salary:
£40k per annum, pro rata.
Hours:
21 Hours per week
Holidays:
15 days per annum
Contract:
Permanent
Job summary
This is a new role for YVHSC as the Charity embarks on a new, exciting phase. We are looking for a qualified accountant to provide accountancy and financial management of the Charity's financial processes and systems. In 2022/23, the company’s turnover was c[£2M].
Main duties of the job
- Lead on reviewing the Charity’s existing financial systems and providing advice to the CEO and the Board on any changes necessary to ensure that robust financial systems are embedded across the Charity.
- Provide strong spending and budgetary management control and implement robust systems of financial controls, including appropriate procurement/ contract procedures, producing accurate management accounts, and managing the annual audited accounts process.
- Ensure the Charity adheres to all relevant financial regulations.
- Responsible for maintaining the standing financial orders and risk register, ensuring adequate control measures are in place.
- Provide advice, supported by an appropriate level of financial analysis, on the Charity's financial position to assist decision making at a Board/ Senior Management level.
- Working with the CEO, support the business planning of the Charity, develop systems to ensure best value in all Charity expenditure, and assist in the monitoring and evaluation of fundraising activities to maximise resources.
Job description
- To review the current financial systems and processes and provide recommendations for improvements to the CEO and the Board.
- To provide review and commentary on the charities financial position to the CEO/Board of Trustees and Finance and Audit Committee and provide advice to assist in decision making.
- To oversee the charities financial performance and lead the budgeting process.
- To produce accurate management accounts delivered within appropriate timescales.
- To manage the annual audited accounts process for the charity and its subsidiaries.
- To develop appropriate procurement and contract management systems across the charity.
- To ensure robust systems of financial controls, mitigating the risk of fraud and error. Maintain the Standing Financial Orders.
- To foster a culture of financial responsibility and value for money, developing systems of scrutiny to ensure best value in all charity expenditure.
- To maintain the Risk Register and ensure that where risks associated with the finance function are identified that adequate control measures are in place.
- To ensure that the charity complies with all legal, financial, company, tax and Charity Commission reporting and record keeping, including the timely production of the necessary returns for the Charities. Commission, HM Revenue & Customs, Companies House and other regulators.
- To remain up to date on best practices in non-profit finance and statutory law regarding Charity governance and financial operations.
- Undertake other duties which may be designated from time to time by the CEO to achieve the Charities objectives, including representing the organisation on occasions at functions and events as required.
Person Specification
Qualification
Essential
- CIMA Business Accountancy certificate (preferred) or AAT level 3, and evidence of continuing development, or equivalent knowledge/ experience
Desirable
- Experience of working within the public/NHS/ Charity sector
Key skills/ attributes
Essential
- Able to take the lead and facilitate new initiatives/changes in complex situations
- Enthusiasm, energy, commitment
- A keen interest in personal development
Experience
Essential
- Experience of financial management in an equivalent size organisation
- Familiarity with finance management software packages/ effective budgetary management control
- Experience of working with Boards/ Senior Executives
- Experience of line management duties
- Experience of producing accurate financial information, e.g. management accounts
- Experience/ knowledge of relevant legal/ financial legislation for Charities Commission, Companies House, HMRC etc.
Desirable
- Experience of developing appropriate procurement and contract management systems
Job Type: Part-time
Part-time hours: 21 per week
Salary: £40,000.00 per year
Benefits:
- Company events
- Work from home
Schedule:
- Monday to Friday
Ability to commute/relocate:
- London: reliably commute or plan to relocate before starting work (required)
Education:
- Bachelor's (preferred)
Work Location: Hybrid remote in London
Application deadline: 02/07/2023
Candidate Selection & Onboarding Process
Application & Resume Screening
Submit your tailored CV/Resume directly to the talent acquisition portal.
Technical & Competency Interviews
Virtual interviews with the hiring manager and multidisciplinary team.
Formal Offer & Benefits Negotiation
Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.
Onboarding & Corporate Integration
Equipment provisioning, team orientation, and commencement of duties.
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Finance Manager • Your Voice in Health and Social Care (YVHSC)
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