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    Finance Team Lead - London, United Kingdom - London Museum of Water & Steam

    London Museum of Water & Steam
    London Museum of Water & Steam London, United Kingdom

    2 weeks ago

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    Description

    Salary:
    £35,000 pro rata (£21,000 actual at 3 days per week)

    We are looking for a proactive Finance & Development Lead to join our team at the London Museum of Water & Steam.

    This is a new and transformative role for the Museum, providing greater financial management, commercial thinking and scenario planning. It is a key part of the team, leading on the delivery of fiscal operation, planning and reporting.

    You'll be delivering the annual Museum Accounts and month by month financial reporting and tracking as well as future planning and proofing.

    The role is also responsible for development planning, including donor and legacies management, highlighting funding opportunities, and commercial partnerships and vendor management.

    About the London Museum of Water & Steam

    The London Museum of Water & Steam is an outstanding independent Museum based in an historic site, a Georgian water pumping station in Brentford, West London.

    We tell the story of a city's mission for clean water and the innovative steam pumping methods used to distribute it to millions.

    We are home to a unique collection which tells the story of water from Thames to tap, including some of the largest pumping engines in the world.

    We're a Museum with ambition.

    We are centred on water, a critical commodity that needs our voice, and energy, and the future of energy is a current conundrum that the whole planet needs to solve.

    We make our history accessible to a wide range of people from families with small children to specialist enthusiasts and everyone in between, inviting them to join our community and share our story.

    Our Museum is special and we want to spread the word.

    We want to extend our reach, engaging with more people and more diverse groups and preserve our Museum and site for future generations.

    We are still a majority volunteer organisation with over 50 volunteers and just 12 staff members who look after 24,500 visitors per year, including over 4500 primary school pupils.

    The Museum is a charity and a membership organisation with an energetic and enthusiastic team of trustees leading the way.


    The London Museum of Water & Steam is a small, focused team. The role reports to the Museum Director and is a senior role.

    The successful candidate will also work closely with the Site & Collections Lead, Front of House Officer and the Engagement & Interpretation Officer and manages the Marketing & Events Officer.

    The team is assisted by a team of Duty Managers and freelance team members supporting funded projects and our learning offer.

    The part time staff team works alongside a dedicated team of over 50 volunteers and liaises closely with our Museum Trustees.


    The Museum's Collections

    The Museum is home to the world's largest collection of stationary steam engines, including four rotative and five Cornish Beam engines.

    We also have a steam fire engine, a waterworks railway with two locomotives and an archive.

    We want to look after our collections and inspire our visitors and community with their ingenuity and relevance today.

    We want to help people access the collections and connect them to their own lives in a way that helps to achieve positive impact for people and the planet.

    Produce the annual and monthly management accounts, including detailed analysis, to enable the Director to make strategic decisions.

    • Provide timely, accurate and user focused financial reports to stakeholders and budget holders to support budget management, reporting and decision making.
    • Maintain monthly reconciliations of transactions and reporting on staff, project and daytoday expenses.
    • Review actual and forecast results against budget, obtaining and recording variance explanations from budget holders, identifying material financial issues and mitigating actions.
    • Supporting the Director with financial planning, future planning, and budgeting.
    • Analyse and explain performance using a range of tools and techniques.
    • Maintain monthly reconciliations for legacy and grant transactions ensuring that the correct income recognition treatment is applied and supporting documentation is collected.
    • Own the fixed asset register, ensuring that correct postings are made in the accounting system.
    • Act as a focal point for all financial performance enquires.
    • Play a lead role in the annual audit process.
    • Ensuring month end payroll is actioned.
    • Ensuring correct recording of financial transactions on a monthly and year end basis
    • Positively promote the London Museum of Water & Steam and our core values.
    • A recognised accounting qualification (CIMA or ACCA preferred) Qualified or Finalist.
    • Experience of preparing and advising on commercial business plans.
    • Experience of successful financial management and control.
    • Experience of financial reporting, management accounts and budgets.
    - able to explain complex financial information clearly and accurately to non-financial people at all levels.

    • Advanced EXCEL, including preparing financial models and business plans (minimum: comfortable creating pivot tables and using V-Lookups)
    • Working knowledge of public finance and/or charity accounting.
    • A willingness to learn and grow in the role as we learn from our communities and volunteers.
    • A willingness to try new ideas and create possibilities, remaining up to date with current museum and cultural heritage thinking.
    • Personal qualities
    • A love of collections and the heritage environment.
    • Good humour, enthusiasm and emotional intelligence.
    • This is a parttime post: 22.5 hours (3 days) a week. We are flexible and can negotiate how the hours are allocated but it will include some irregular weekend work and must be onsite.

    The successful candidate will be engaged as an employee and receive a pension contribution, holiday pay and other benefits.

    Closing date: 23:59 Sunday 5 th May 2024
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