Head of Finance

Five Rivers Recruitment; Salisbury; Hybrid; GBP 68,000; Full time

Job summary

A charitable trust in Salisbury is seeking a Head of Finance to oversee financial management and reporting. This hybrid role involves managing a finance team, preparing management accounts, and ensuring compliance with financial regulations. The ideal candidate will be a qualified accountant with experience in the charity sector. The position offers a salary of £68,000 DOE and benefits including a contributory pension scheme, annual leave, and medical insurance.

Benefits

Generous contributory pension scheme

25 days annual leave

Private medical insurance

Free onsite parking

Qualifications

• Qualified Accountant with a track record in financial management at a senior level.
• Experience of working in the charity or third sector at a senior level.
• Ability to work strategically and operationally.

Responsibilities

• Manage day-to-day financial functions for the Trust.
• Prepare quarterly management accounts and annual budget.
• Monitor financial performance and prepare statutory accounts.

Skills

Qualified Accountant (ACCA, ACA, CIMA or equivalent)

Experience in the charity or third sector

Understanding of financial frameworks

Experience with BI and reporting packages

Ability to work strategically and operationally

Track record in managing direct reports

Education

Qualified Accountant

Tools

PS Financials

Job description

Head of Finance

Here at Five Rivers Recruitment we are once again delighted to be working with one of our favourite clients, a well-established charitable trust based in Salisbury. We are currently assisting them in their search for a skilled and experienced Head of Finance to join their team and help to continue their successful delivery of projects within the UK and abroad.

The Head of Finance is a key member of the Senior Management Team responsible for the Trust’s financial management including financial and management accounts, financial planning and budget submissions, forecasting and cashflow management, compliance and financial governance and the statutory accounts and audit.

Financial Leadership and Control

• Day to day responsibility for the Trust’s finance function ensuring robust financial control, accurate reporting, and effective systems that underpin the charity’s strategic ambitions and operational delivery.
• Advising Trustees on all aspects of the Trust’s financial performance and position and provide financial advice in support of the strategic direction of the Trust.

Financial Management and Control

• Preparation of the quarterly management accounts
• Monthly Group consolidation, including Balance Sheet and P&L revaluations and review of completeness of management accounts.
• Payroll management for all UK staff including salaries, pension contributions and medical insurance. Ensuring the correct application and reporting of statutory allowances to HMRC through monthly RTI reports.
• All cashflow management

Financial Reporting and Audit

• Preparation of the Trust’s annual budget and 10-year income, expenditure and investment assessment
• Monitor Trust’s financial performance, identifying risks and opportunities for performance improvement.
• Prepare statutory accounts in accordance with Charities SORP and Charity Commission requirements
• Lead for ensuring the correct adoption of SORP 26, with specific focus on the changes in lease accounting.
• In liaison with Comms & Digital Managers, oversee the preparation of the Annual Report for Trustee approval.

Compliance and Governance

• Responsibility for maintaining an system of internal control within the Trust. Lead for the contracted UK Internal Audit capability and provide advice and support to GWT(N) Internal Auditor.
• Lead for Counter Fraud Policy and fraud awareness.
• Responsibility for accounting policies and procedures throughout the Trust

Financial Guidance and Stakeholder Engagement

• Maintain regular liaison with the Treasurer and Auditor and liaise with HMRC as required on all aspects of the Trust’s accounts
• Providing an external interface with banks, auditors, pension funds, investment managers, consultants and charity finance specialists.
• Lead for negotiating the annual Support and Medical Grant-in-Aid (GIA) with MOD and providing quarterly performance reporting.
• Provide financial advice and support to all members of staff within their areas of responsibility.

Leadership and Line Management

• Line management responsibility of Financial Accountant who has day-to-day responsibility for financial transactions and input to PS Financials.
• Provide financial advice and support to Finance Director
• Ensuring the continued profession development of all finance staff.
• Secretary to Audit Committee and Investment Committee.

KEY SKILLS, QUALIFICATIONS AND KNOWLEDGE, AND PERSONAL ATTRIBUTES

Essential :

• Qualified Accountant (ACCA, ACA, CIMA or equivalent) and a track record in financial management at a senior level
• Experience of working in the charity or third sector at a senior level
• Understanding of how an organisation’s strategic direction is supported by its financial framework
• Experience of accounting data processing and report generation using current business intelligence (BI) and reporting packages in addition to Excel
• Ability to work both strategically and operationally
• Track record in managing direct reports including effective delegation, coaching and performance management

Desirable :

• PS Financials
• Experience of implementing a new finance system within an organisation

Our client is based in the centre of Salisbury, however, please note that the role of Head of Finance is hybrid. This is a full-time permanent role with working hours of 37.5 Monday to Friday. In addition to a salary of £68,000 DOE, the charity offers benefits including a generous contributory pension scheme with up to 10% employer contribution, 25 days annual leave, free onsite parking outside office location, private medical insurance, the opportunity to travel and experience the charities work first hand.

Full comprehensive job description and list of responsibilities available on request