Job Description
Role title: Financial Controller
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Reporting to: Head of Finance
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Offer: £45,000 - £50,000 per annum
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Location: London
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Hours: 37.5 hours per week
About Carbon Tracker Initiative
Carbon Tracker Initiative is an independent financial think tank that carries out in-depth analysis on the impact of the energy transition on capital markets and the potential investment in high-cost, carbon-intensive fossil fuels. We believe that financial markets, regulators, investors and policymakers all have an urgent role to play in guiding the world to a climate-secure energy system. Carbon Tracker’s analysis of ‘unburnable carbon’, ‘stranded assets’, and ‘wasted capital’ has reframed the debate around climate change risk.
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Job Description
Reporting to the Head of Finance, the Financial Controller will be responsible for the maintenance of all finance, accounting and reporting activities across the Carbon Tracker group. Principal activities include:
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Grant requests and management
Project/programme and grants management, specifically:
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Ensure that expenditures are consistently aligned with grant and programme budgets throughout the grant/funding period;
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Responsible for allocating and tracking the costs booked to a project, including salary costs, expenses, consultancy costs and overheads;
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Assess the status of each project to budget and forecast out-turn - identify gaps in funding to complete the project
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Prepare financials for grant proposals, renewals and annual funding requests.
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Prepare financial reporting in line with Grant Agreements.
Cost management/ control
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Prepare invoices for approval and payment;
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Prepare payroll for authorisation in the accounting system;
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Review staff expense claims for final authorisation and payment.
Accounting and reporting
Responsible for maintaining the accounting system to enable accurate:
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Month end reporting, including commentary for and presentation to senior management (cash flow, fundraising pipeline, BVA);
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Budgets and forecasts – assist in preparation and lead in monitoring expenditure;
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Preparation of ad-hoc financial and impact assessment reports to satisfy internal and external stakeholders;
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Preparation of annual report and accounts in compliance with relevant accounting standards.
Treasury Management
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Manage organisational cash flow forecasting in multiple currencies;
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Manage expense claims, company cards and reimbursements;
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Ensure monthly bank reconciliations are completed.
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Systems and controls
Maintain adequate systems and controls to ensure accuracy of accounting records, specifically with regards to expenses, payroll and delegation of authority. Assist in implementation of financial processes e.g. timesheets.
Compliance
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Coordinate the provision of information to external auditors (company and funder);
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Assist Head of Finance in complying with reporting requirements and tax filings.
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The Successful Applicant
The ideal candidate for this role is likely to be a newly qualified ACA (or equivalent) looking for their first move out of practice, however someone with relevant industry experience would be equally suitable. You will have expert knowledge of UK GAAP and Charity SORP and excellent excel skills. Experience of the not for profit sector would be advantageous, in particular prior knowledge of accounting for grant income.
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You will have the gravitas to influence senior management, commercial acumen and strong communication skills. You will be self-motivated, task and results orientated and will work to drive continuous improvement.
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You will be the go-to person for day-to-day financial management in the organisation and you will have scope to make this role your own
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Other qualifications include:
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Personal qualities of integrity, credibility, and commitment to Carbon Tracker’s mission;
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A track record in grants management;
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Technology savvy with experience working with cloud accounting software (Xero.com);
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Analytic and problem-solving skills, excellent attention to detail;
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Organised person who is experienced in multi-tasking and managing competing priorities;
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Strong interpersonal and communication skills; experience in effectively communicating key data, including presentations to wider team and management – as well as outside partners and funders as required;
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Ability and desire to translate complex financial concepts to individuals at all levels including finance and non-finance individuals.
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We strive to ensure that opportunities to work and develop at Carbon Tracker are open to all. We welcome applications from all qualified applicants, regardless of age, disability, gender identity or gender expression, race, ethnicity, religion or belief, sex, sexual orientation or any other equality characteristic.
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Carbon Tracker supports flexibility.
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Carbon Tracker can only consider candidates who are eligible to work in the UK.
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Carbon Tracker is a team of financial, energy and legal experts with a ground breaking approach.
