Finance Director - Charity

Vitae Financial Recruitment; England; Hybrid; GBP 75,000 - 80,000; Full time

Job summary

A charity organization in Hemel Hempstead is seeking a Finance Director to lead their financial strategy and oversee a team. This role offers flexible working arrangements and requires a qualified accountant with at least 10 years of experience. The ideal candidate will have strong leadership skills and a commitment to supporting charitable goals in a dynamic environment.

Benefits

Generous Holiday Allowance

Flexible working hours

Qualifications

• At least 10 years' experience in accounting/finance.
• Experience in a medium-sized organization.
• Previous Senior Leadership experience.

Responsibilities

• Assist the Chief Executive and the Board on financial strategies.
• Ensure financial control and viability.
• Lead and develop a finance team of around 12 staff.

Skills

Leadership experience

Advanced Excel skills

Knowledge of PAYE and VAT

Strong interpersonal skills

Accounting systems knowledge

Education

Qualified ACA, ACCA, or CIMA

Tools

Access Dimensions

Job description

Overview

Finance Director - Charity, Hemel Hempstead, Hertfordshire. Flexible Hours - Full or Part-Time (4 Days a week). Circa 75-80kpa + Generous Holiday Allowance.

Vitae Financial Recruitment are proud to exclusively partner this outstanding charity in their search to appoint a Director of Finance and Performance. We are seeking an inspirational financial leader who is ready to take on a Board level position in a role that will help shape the direction of this outstanding charity.

Based within amazing grounds and a stunning work setting this is a fully time role (37.5 hrs per week) but those seeking 4 days a week (30 hrs per week) will also be considered. The role offers flexible hours and hybrid working arrangements. Given this is a leadership role you will be expected to be in the office 3 to 4 days a week to lead, inspire and develop a committed and supportive team of circa 12 staff.

You must live within a sensible commuting distance to Berkhamsted please consider this before applying.

Applicants must be Qualified ACA, ACCA or CIMA with at least 10 years' experience of end-to-end finance & accounting, ideally within a medium-sized business.

Main responsibilities

• Directly assist the Chief Executive and the Board on all strategic and tactical financial matters.
• Discharge strategic financial management and financial control to ensure long-term financial viability.
• As a member of the Executive Team working in partnership with the Board to execute the charity strategy.
• Provide clear, empowering leadership to ensure effective management, organisation and delivery of objectives.
• Establish a close and effective partnership with the Charity Treasurer.
• Be accountable for the effective functioning of the Finance and Resources Committee and the Capital Planning Group with high-calibre support to committee chairs, Treasurer and Deputy Chair of the Board respectively.
• Attend and contribute to Board meetings, the Income Generation Committee, Finance and Resources Committee and the Annual General Meeting.
• Maintain overall accountability for the capital programme.
• Ensure accountability for SIRO, SORP and Charity Commission Guidance and corporate governance with specific reference to financial company secretary functions.
• Oversee the collection and processing of financial data to ensure decisions and strategy are informed by accurate integrated information and analysis.
• Ensure accrual accounting is central to the Trust's finance systems to provide an accurate financial picture.
• Oversee the financial management and accounting systems and be accountable for all finance and finance-related administration systems.

Key accountabilities, responsibilities and tasks

• Support the Board of Trustees in the discharge of their responsibilities for reserves.
• Accountability for the three-year rolling financial plan of the Charity.
• Manage the charity’s cash flow, ensure liabilities are met as they fall due and implement the Trust's Savings and Investment Policy and Financial Free Reserves policy.
• Coordinate the Charity's insurance requirements.
• Accountability for performance to contract and contract review with external ICT providers.
• Support the implementation of EPOS and accurate and timely financial information on trading.
• Undertake benchmarking exercises to assess value for money.
• Evaluate performance to contract, construct tender processes, and execute them effectively.
• Prepare and monitor financial reports with explanations of variances, including management accounts and cash flow forecasts.
• Develop the commercial portfolio, including competitor analysis for market entry.
• Train and supervise staff to ensure adherence to the charity finance policy and procedure.
• Complete statutory year-end accounts; manage the audit for the Charity and its trading subsidiary.
• Report to the Leadership Team and Board on financial matters including explanations of variances and the financial position of the Trust and its subsidiary.
• Ensure rapid counting, receipt and banking of donations with timely and accurate information for the Joint Directors of Fundraising and Income Generation Committee.
• Coordinate the Board's Finance & Resources committee; agenda, meeting dates, and review of relevant financial policies and the annual audit of accounts.
• Lead budget and forecasting processes, develop and maintain procedures and standards on budget, financial control and productivity.
• Advise and assist Department Heads and budget holders.
• Bank reconciliation, Quarterly VAT Submission (Making Tax Digital).
• Month-End and Year-End Processes.
• Model the impact of planned pay awards with accountability for annual adjustments.
• Monthly payroll changes to external payroll providers; Auto-enrolment Pension submission and PAYE.

Qualifications, skills and experience

• Must be a Qualified Accountant (ACA, ACCA or CIMA).
• Must have at least 10 years' experience in all aspects of accounting/finance, ideally from a medium-sized organisation.
• Must have excellent working knowledge of accounting systems (Access Dimensions an advantage). Advanced Excel skills are essential.
• Must live within commuting distance to Berkhamsted and be able to work in the office a minimum of 3 days per week.
• Must have excellent knowledge of PAYE and VAT.
• Must have previous Senior Leadership experience for a finance team.
• Must have significant experience in the completion of accounts and audit information packs and resolution of issues as specified by auditors.
• Previous experience overseeing IT functions is desirable.
• Skilled in building relationships at all levels with gravitas and integrity.
• Experience implementing systems and driving business change.
• The ability to inspire others - direct reports, executive team, the wider organisation, supporters, donors and stakeholders.
• Solution-focused mindset with the ability to listen to ideas and share a vision of outstanding performance.
• High level of personal integrity and honesty.

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