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- Tasks: Lead finance operations and strategy for a prestigious arts higher education organisation.
- Company: Join a vibrant institution with a clear vision in the arts sector.
- Benefits: Enjoy a competitive salary of £75,000 with hybrid working options.
- Why this job: Be part of a dynamic team making a real impact in higher education finance.
- Qualifications: Experience in higher education and senior leadership is essential.
- Other info: Apply quickly as CVs are reviewed throughout the process!
The predicted salary is between 45000 - 75000 £ per year.
We are working with a prestigious arts Higher Education organisation to find a new Director of Finance to lead the team. Sitting as part of the senior leadership, you will lead a small finance function on all aspects of finance and supporting commercial activity. The role is suited to candidates coming from a higher education background, ideally an SME, and are happy to be in a hands-on and varied position that covers commercial finance along with technical. This is a vibrant organisation with a clear vision, so it’s a brilliant time to join!
Your Role
- Be the senior financial controller and primary contact for auditors, statutory bodies and validating bodies with regards to finance.
- Lead the development and implementation of financial strategy, and the management of financial operations.
- Lead the development, management, planning and delivery of the finance function and all requirements for budgeting, forecasting, reporting, financial risk management and compliance.
- Work with the Executive and Board of Trustees to develop a sustainable financial plan.
- Ensure that budget and management accounts models are fit-for-purpose, liaising with the Executive and Finance & Resources Committee as appropriate.
- Lead the annual budgeting process, working with budget holders to produce detailed budget analysis for the Executive team, Finance & Resources Committee and Board.
- Prepare annual accounts and oversee year-end audit process from auditors’ visit through to Board approval.
- Be responsible for the timely submission of the Annual Financial Return to the Office for Students, and any interim reporting as required by the OfS.
- Be accountable for all aspects of taxation including VAT, Theatre Tax Relief and Income Tax.
- Oversee the effective management of staff payroll and pensions, and timely payment of all PAYE contracts and contracts for services, ensuring employer statutory responsibilities are fulfilled.
- Develop viable financial models for additional services, activities and initiatives.
Your Skills & Qualifications:
- Experience in higher education is necessary.
- Comfortable leading and developing a small team.
- Experience working in a senior leadership team and confident in Board meetings.
- Happy to be hands-on in a varied finance position.
Director of Finance employer: Trace – Expert Accountancy Recruitment
Contact Detail:
Trace – Expert Accountancy Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director of Finance
✨Tip Number 1
Network with professionals in the higher education sector. Attend industry events or webinars where you can meet people who work in finance roles within similar organisations. This can help you gain insights into the role and potentially get a referral.
✨Tip Number 2
Familiarise yourself with the specific financial regulations and compliance requirements relevant to the higher education sector. Understanding these nuances will not only prepare you for the role but also demonstrate your commitment and expertise during interviews.
✨Tip Number 3
Prepare to discuss your experience in leading finance teams and managing budgets. Be ready to share specific examples of how you've successfully implemented financial strategies or improved financial operations in previous roles, especially in a hands-on capacity.
✨Tip Number 4
Research the organisation's mission and values thoroughly. Tailor your discussions to align your financial vision with their goals, showing that you understand their unique challenges and are passionate about contributing to their success.
We think you need these skills to ace Director of Finance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in higher education finance. Emphasise your leadership roles and any hands-on financial management experience, as these are crucial for the Director of Finance position.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the arts and higher education. Discuss how your skills align with the responsibilities outlined in the job description, particularly in developing financial strategies and managing budgets.
Highlight Relevant Skills: In your application, focus on key skills such as financial strategy development, compliance, and team leadership. Use specific examples from your past roles to demonstrate your expertise in these areas.
Showcase Your Vision: Convey your understanding of the organisation's mission and how you can contribute to its financial sustainability. Mention any innovative financial models or initiatives you've implemented in previous roles that could benefit the organisation.
How to prepare for a job interview at Trace – Expert Accountancy Recruitment
✨Showcase Your Higher Education Experience
Make sure to highlight your experience in the higher education sector during the interview. Discuss specific challenges you've faced and how you've successfully navigated them, as this role requires a deep understanding of the unique financial landscape in this field.
✨Demonstrate Leadership Skills
As a Director of Finance, you'll be leading a small team. Be prepared to share examples of how you've effectively managed teams in the past, particularly in high-pressure situations. This will show your potential employer that you can lead and inspire others.
✨Prepare for Financial Strategy Discussions
Since the role involves developing and implementing financial strategies, come ready to discuss your approach to financial planning and risk management. You might even want to bring along a few ideas or models that could benefit the organisation.
✨Understand the Organisation's Vision
Research the arts Higher Education organisation thoroughly before your interview. Understanding their mission and vision will allow you to align your answers with their goals, demonstrating that you're not just a fit for the role, but also for the organisation's culture.
