Interim Head of Finance (Charity experience required)

Recruiter
Anonymous
Location
Leatherhead
Salary
50000.00 - 60000.00 GBP Annual + GBP50000 - GBP60000/annum
Posted
11 Aug 2017
Expires
08 Sep 2017
Sector
Accounting
Contract Type
Temporary
Do you have senior Financial experience in a charity organisation? Then this might be the right role for you:

Hours: 37.5 per week, Mndays-Fridays
Reporting to: Interim Director Resources
Direct Reports: Finance Officers x 2, Senior Payroll Officer, Management Accountant

2. OVERALL PURPOSE
• To manage the operation, outputs and performance of the Finance Department and to contribute to the strategic direction of the finance function of a charity.
• Responsible for treasury management, tax administration, statutory and management reporting of the charity and its trading subsidiary to provide accurate information to directors and budget holders and to ensure compliance with the Charity Commission, Companies House and HMRC.

3. KEY RESPONSIBILITIES
• 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.

Financial Management & Control

• 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 of Finance, Information Management and Governance in developing performance metrics and critically appraising the current activities of the organisation.

Internal Control Framework

• Implementation and maintenance of effective and regular monitoring of control processes to minimise likelihood of mis-statement 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.

Treasury Management
• Understand, manage and supervise all aspects of the Society's cash flow.
• Forecast weekly and monthly cash requirements, executing daily Treasury management decisions.
• Prepare and monitor Charities 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.

REQUIREMENTS:

• Qualified accountant with proven experience in the preparation of Statutory accounts and detailed knowledge of Charities' SORP
• 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
• Good IT literacy & excellent Excel skills
• Significant Charity sector experience, with detailed knowledge of Charity Commission requirements, Governance issues, Charity VAT and other statutory issues pertaining to a Charity

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