- Oversee the annual financial cycle of work to manage and prepare the annual budget, monthly management accounts, and consolidated statutory financial accounts.
- Prepare financial reports as required for the Finance and Resources Board (F&RB), Board of Trustees (BoT), management, and external auditors.
- Oversee and manage financial processes around payroll, accounts payable, accounts receivable, subscription collection, contract register, and management of high-value contracts and fixed assets.
- Maintain control of the College and trading company's financial data and records as per policy and statute.
- Assist and advise the College's directors, service heads, budget holders, and Trustees on financial matters.
- Manage relationships with external auditors and financial service providers.
- Oversee the management of the Finance Team, including direct line management of two-line reports.
- Provide direction, support, and constructive feedback for team members through regular 1:1 meetings.
- Build a collaborative, mutually supportive, and high-performing team.
- Manage underperformance effectively through open, transparent, and consistent processes.
- Ensure team compliance with College policies.
- Be the product owner for the College accounting software and internet-based financial services, ensuring controlled access and adequate training for team members.
- Oversee and manage the IPOS system.
- Comply with financial regulations when managing and expanding the Finance Team budget.
- Attend wider management meetings and work closely with peer groups within the College and other Colleges.
- Any other duties as reasonably required by the Director of Finance and Resources.
- Substantial post-qualification experience in leading a finance department, ideally in the charitable sector.
- Demonstrable experience in preparing annual accounts.
- Experience in relationship management with a ledger provider.
- Experience in managing strategic changes in processes and policies.
- Excellent interpersonal and communication skills.
- Excellent IT skills, including the use of the ledger (SUN) and MS Excel.
- A track record of successfully delivering incremental improvements.
- Extensive knowledge of the charitable regulatory and legal financial environment (desirable).
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Head of Finance - London Area, United Kingdom - Latham & Bond HR
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Description
Interim Head of Finance
Locations: London
Salary: Circa £65,000
Job type: 6 Month FTC
Working Pattern: Hybrid – 40% office and 60% remote
Latham & Bond HR are currently supporting our client, who is seeking an Interim Head of Finance. This is a great opportunity to play a crucial role in delivering the College's finance function and ensuring a smooth transition to a new permanent Head of Finance. The role involves leading the Finance Team and overseeing statutory reporting, accounts payable, accounts receivable, and internal reporting. You will work closely with internal and external stakeholders to drive valuable insights and opportunities for improved functionality.
Key Responsibilities:
Qualifications / Experience:
If this vacancy is of interest, do not hesitate to apply