FINANCE MANAGER
£45,000 - £50,000* per annum
*Depending on Experience (plus a competitive pension)
JOB DESCRIPTION
Job Title: Finance Manager
Reports to: Head of Finance & Compliance
Location: London
Salary: £45,000 - £50,000 per annum
Contract: Permanent, Full Time
This role is responsible for the effective management of the Frontline’s finance function and for providing robust financial planning and management information to support decision-making.
This will include:
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Business partnering with operational teams to ensure budgets are robust and forecasts are accurate, and to undertake financial and non-financial analysis to support strategic and operational decision making.
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In partnership with the Head of Finance, developing and implementing effective policies and systems to ensure Frontline fully meets its obligations in relation to Financial Control.
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Improving the finance services provided to the organisation, ensuring they are comprehensive, efficient, effective from the user point of view and robust, and that they comply with relevant legal requirements and best practice.
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Deputising for the Head of Finance in his/her absence, and in specific areas as required.
Key Relationships:
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All Budget Holders
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Leadership Group
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Bank and Auditors
Summary of responsibilities
Planning, reporting and business partnering:
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Responsible for the preparation of the annual budget and rolling reforecasts.
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Lead on the preparation of accurate monthly management accounts in a timely manner, including managing the month-end process and variance analysis.
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Engage with budget holders; understanding their needs and requirements and helping them to manage their financial responsibilities.
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Produce business models and ad hoc financial models as required.
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Support the Head of Finance in providing financial and commercial advice to the Senior Leadership Team, Board of Trustees and Finance & Audit Committee, and to prepare relevant reports.
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Play a key role in the production of the annual accounts, in accordance with accounting requirements, with particular reference to the Charities SORP. Be key point of contact with auditors and to ensure the annual audit process runs successfully and smoothly
Financial management:
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Ensure that Frontline’s accounting systems are maintained and developed to meet Frontline’s needs, liaising with software providers as required to achieve this. Lead the day to day administration of the finance systems.
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Develop and maintain financial and other internal controls to ensure the highest levels of financial probity and compliance with regulatory and statutory requirements.
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Develop and maintain Frontline’s financial processes to ensure an excellent service to internal stakeholders and to maximise efficiency.
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Ensure that all budget holders are trained to the appropriate level, with regard to financial procedures, budget control etc.
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Ensure compliance with tax requirements, including preparing quarterly VAT returns
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Responsible for treasury management and for ensuring cash flow is monitored regularly
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Be the key contact for liaising with the bank and administration of the bank mandates
Other:
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Assist the Head of Finance to motivate and develop the finance team
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Oversee the accounts receivable, accounts payable and payroll functions (payroll is outsourced to a bureau)
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Oversee monthly balance sheet reconciliations
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Keep abreast of changes in charity finance and general finance regulations
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Provide support to the Head of Finance & Compliance in any other areas as required
PERSON SPECFICATION
Values and alignment
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Prepared to work in line with our values of being brave, showing respect, pioneering, keeping curious and always keeping in mind that what matters most is what works. You should be able to role model these values in all that you do and expect these of colleagues you work with.
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Committed to creating a culture of Freedom and Responsibility.
We are looking for someone who is:
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A natural problem solver: Excited by new challenges and experiences. Able to adopt a pro-active approach and have the ability to use initiative to solve problems outside of their previous experience and knowledge.
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Motivated to improve the systems and processes they work with: Committed to continuous improvement and able to think creatively to identify and implement improvements in processes, systems and services to better support organisational objectives.
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Strong Leadership: Able to use relationships and professional authority to hold to account and influence stakeholders at all levels of the organisation. Open to feedback, maintains a habit of self-reflection and with a commitment to continued personal learning and development.
Essential experience and knowledge:
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Fully qualified accountant (ACA / ACCA / CIMA)
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1 – 2 years post qualification experience in Management Accounting or Financial Accounting role within the charity sector (desirable)
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Proven track record of managing people – ability to motivate and develop
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Knowledge of charity SORP (desirable)
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Ability to work efficiently and accurately in a fast-paced environment with multiple priorities
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Resilient and adaptable to change
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Strong problem solving and analytical skills
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Advanced Microsoft office skills (especially Excel) and the ability to use IT to ensure personal effectiveness.
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Strong written and verbal communication skills with excellent attention to detail.
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Ability to communicate financial information clearly to non-financial managers, and support managers in the the process of developing their financial skills.
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Ability to present detailed and complex financial information in a clear, concise and readily understandable way. An eye for detail and a concern for accuracy, together with the ability to keep sight of the big picture.
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Proven ability to develop relationships with and influence senior stakeholders
Other:
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Right to work in the UK;
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This post is subject to an enhanced police check of previous criminal convictions with the Disclosure and Barring Service (DBS).
THE TEAM
The team is led by the Head of Finance & Compliance who works with the leadership team and the Board on financial strategy and the development of innovative systems and processes. The team also includes two Finance Officers and a Finance Coordinator.
The goal of the Finance team at Frontline is to support our colleagues to use the organisation’s financial resources to deliver the best possible outcomes for the children and families we serve. We achieve this firstly by creating a culture where people act responsibly in relation to financial resources & decisions. And secondly, by creating systems and processes which facilitate staff to achieve this as simply and easily as possible.
The role is part of the wider Operations team, which works with every team across the charity. We focus on bringing difference in the support we provide to employees, empowering them to be creative in the work that they do. Through this difference we role model, challenge and take responsibility, and we support our colleagues to take the same approach.
