Senior Finance Manager (Senior Management Team)

Money Ready; United Kingdom; On-site; GBP 45,000 - 65,000; Full time

Job summary

A leading organization committed to financial education seeks a Senior Finance Manager to oversee financial management and reporting. This crucial role involves enhancing financial systems and ensuring compliance while contributing to the overall strategic objectives of the charity. Join us to make a meaningful impact within an evolving financial landscape, fostering a culture of integrity and transparency.

Qualifications

• Substantial experience in finance/accounting roles, especially non-profits.
• Experience in preparing monthly and year-end accounts.
• Line management experience with performance reviews.

Responsibilities

• Ensure timely production of management and annual accounts.
• Provide financial insight for fundraising and donor reporting.
• Manage monthly payroll and statutory compliance.

Skills

Attention to detail

Analytical skills

Excellent verbal communication

Excellent written communication

Presentational skills

Education

Qualified accountant (ACCA/CIMA/ACA)

Finalist status considered

Tools

Sage Payroll

QuickBooks Payroll

Sage Intacct

Job description

Money Ready envision a financially fluent population. We teach practical money management skills through impactful financial education programmes - from budgeting and saving to investing.

We are looking for an experienced Senior Finance Manager, who will be responsible for the financial management and reporting of the organisation. Able to manage the day-to-day financial analysis and reporting requirements for Money Ready, and provide input for strategic financial planning. Using a business partnering model, ensure all budget holders are fully supported in their roles. Responsible for the delivery of all management accounts, budget, forecasts and donor reporting as well as the annual statutory accounts. Ensure all income and expenditure is accounted for in a timely and efficient manner. Helps deliver Money Ready s strategic objectives, identifies the key financial risks and develops the internal controls environment.

The Senior Finance Manager will be a member of the SMT. This role will lead or contribute to the implementation of new financial systems, tools, or procedures that improve efficiency, compliance, and transparency.

Working across Money Ready

You will work with colleagues across the country as we continue to develop and grow the organisation. Contribute to areas of the organisation that are outside your immediate focus acting as trusted counsel to those in roles or teams that are different to yours. Embed yourself into the organisation recognising that our strategy and business plan are yours to deliver and that our culture is shaped with you and by you. Comply with all Money Ready management processes helping us to help you do the best job you can.

Key Responsibilities

• Ensures the timely and accurate production of all management and annual accounts and all forecasts in accordance with best practise and statutory requirements.
• A key business partner who provides value added business support and financial insight to the SMT and colleagues throughout the Charity.
• Provides financial insight to development team to assist with fundraising bids, prepare donor budgets, and ensure donor reporting and compliance throughout the grant life cycle.
• Responsible for delivery of all statutory and regulatory compliance, including statutory accounts, certification officer returns, Charities Commission, VAT and all payroll taxes.
• Responsible for fortnightly payment runs processing. Supervise and assist with the sale invoices processing and regular credit control. Monthly reconciliation of all Money Ready s bank accounts.
• Responsible for monthly payroll including monthly and annual RTI reporting to HMRC, pensions payments, annual payroll processing and relevant reconciliations.
• Work with auditors on preparing the audit strategy and manage annual audit process, providing all the relevant paperwork during the audit process.
• Be a positive change champion for the organisation, identifying key impact areas and priorities and supporting change programmes and strategies in both finance and across the Union as a whole.
• Prepare quarterly VAT returns with reconciliations and reporting. Line management, objective setting and performance reviews for direct report.
• Establish and maintain a robust internal controls environment that is fit for purpose but uses a risk-based approach to the establishment of processes and procedures.

Personal Specification

• You will need to show;
• Experience Substantial experience in a finance or accounting role (including at management level) in a not-for profit organisation.
• Substantial experience in the preparation of monthly management accounts and year end accounts.
• Substantial experience in processing monthly payroll using QuickBooks Payroll and Sage Payroll.
• Line management experience, including objectives setting and performance reviews.
• Experience in charity accounting principles, especially with regards to grants and restricted funds.
• Demonstrable experience of business partnering with multiple, non-finance stakeholders.
• Experience of establishing financial systems including business plans and budgets.

Skills and abilities

• Qualified accountant (ACCA/CIMA/ACA). Finalists to be considered.
• Attention to detail and numeracy critical thinking.
• Excellent verbal, written and presentational skills.
• Excellent analytical skills.
• Ability to demonstrate tact, diplomacy and to deal appropriately with confidential information.
• Ability to work in a confidential manner.
• Good team player but self-motivated and able to work independently.
• Commitment to openness, honesty, inclusiveness and high standards.
• Well organised, efficient, proactive and able to meet deadlines.
• Flexible hands-on approach with ability to take initiative on developing new ideas and systems.

Knowledge

• Working knowledge of Sage Intacct including reporting.
• Experience of working with third parties e.g. suppliers.
• Detailed knowledge SORP and VAT as applicable to charities.
• Ability to interpret financial data for strategic decision making.
• Experience of processing VAT returns including compliance with making Tax Digital and PAYE.

Working Conditions: Limited travel will be required for attending meetings or events within the UK. Flexibility in working hours may occasionally be needed to meet the demands of the role.

Please submit a supporting statement letter with your CV. Money Ready is committed to equality, effective diversity management, and fostering an inclusive workplace culture.

This job description is subject to regular review and may evolve to meet the needs of Money Ready, ensuring ongoing alignment with the organisation s objectives and compliance with relevant legislation. Please also note this post is subject to satisfactory references, one of which must be from your current or most recent employer, and DBS/equivalent checks.