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- Tasks: Lead financial operations and ensure compliance with accounting standards in a dynamic arts environment.
- Company: Join a leading arts company making a significant impact in the cultural sector.
- Benefits: Enjoy hybrid working flexibility and the potential for contract extension.
- Why this job: Be part of a creative team while honing your financial expertise and leadership skills.
- Qualifications: Must be a fully qualified CCAB Accountant with team management experience.
- Other info: Opportunity to present to senior committees and oversee exciting capital projects.
The predicted salary is between 43200 - 48000 £ per year.
Financial Controller, 6 Month FTC, £54,000-£60,000 pro rata
Leading Arts company is seeking a Financial Controller for a 6 Month fixed term contract. This role could then be extended.
Reporting to the CFO, you will work hybrid (2 days in the office to coincide with the Auditors being in the office leading up to year end; thereafter, your hybrid working pattern can be more flexible). You will be responsible for managing the day-to-day financial control operations, including all aspects of financial accounting, cash flow, debtor and creditor management.
Responsibilities include:
- Ensure the integrity of the financial numbers, including compliance with relevant accounting standards.
- Play a pivotal role in the management of financial systems.
- Supervise the maintenance of financial ledgers and accounting processes.
- Oversee the year-end process including statutory accounts and external audit, including completion of the statutory accounts.
- Ensure that appropriate systems and internal controls are implemented and maintained.
- Oversee accounting processes and controls improvements.
- Ensure compliance with relevant Charity legislation.
- Liaise closely with relevant income-generating departments over contract compliance and debt collection.
- Supervise accounts payable and receivable.
- Liaise with the bank and ensure bank signatories are up to date.
- Provide financial and non-financial information to Trustees, directors, budget holders, project managers, and external funders.
- Attend and present to the Audit and Risk, Finance and Operations, and Investment sub-committees, as required.
- Set work plans, delegating tasks, reviewing performance, providing guidance, line management, coaching, and mentoring for five direct reports.
- Maintain financial records for the department and compliance with data protection and GDPR.
- Oversee capital projects, as required.
- Co-ordinate counter-fraud measures across the Gallery.
- Oversee debt collection.
- Manage the loan facility and reporting requirements.
- Liaise with Investment Managers.
- Cover for the Chief Financial Officer where appropriate.
- Attend Senior Management Group.
- Oversee the financial systems (including PS Financials and Yooz), ensuring they are effective for the requirements of the finance department and the wider organisation.
Experience needed:
- Previous experience of managing a team of similar size and operating in a complex environment.
- Experience in audit, an accounting firm or a charity, public sector, or similar organisation.
- Fully qualified CCAB Accountant.
- Strong technical accounting skills, able to support the Senior Financial Accountant in determining accounting treatments.
- Working knowledge of Financial Reporting Manual (preferable).
- Highly effective interpersonal and communication skills are required to line manage, convey complex information, influence, and negotiate.
- Excellent computer literacy skills, including a high degree of proficiency with spreadsheets and experience of interrogating a computerised accounts system.
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Financial Controller employer: Val Wade Recruitment
Contact Detail:
Val Wade Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Controller
✨Tip Number 1
Make sure to highlight your experience in managing teams and working in complex environments during your conversations. This role requires strong leadership skills, so be prepared to discuss specific examples of how you've successfully led a team in the past.
✨Tip Number 2
Familiarize yourself with the Financial Reporting Manual and relevant charity legislation. Being able to speak knowledgeably about these topics will demonstrate your commitment to compliance and your understanding of the sector.
✨Tip Number 3
Prepare to discuss your technical accounting skills in detail. Be ready to explain how you've supported senior accountants in determining accounting treatments, as this will be crucial for the role.
✨Tip Number 4
Showcase your interpersonal and communication skills by practicing how you would convey complex financial information to non-financial stakeholders. This is key for liaising with various departments and presenting to committees.
We think you need these skills to ace Financial Controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial control, team management, and compliance with accounting standards. Use specific examples that demonstrate your ability to manage financial operations effectively.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the arts sector. Discuss how your previous experience aligns with the responsibilities listed in the job description, particularly in managing financial systems and overseeing audits.
Highlight Technical Skills: Emphasize your technical accounting skills and proficiency with financial software. Mention any experience you have with PS Financials or similar systems, as well as your ability to analyze complex financial data.
Prepare for Interviews: If invited for an interview, be ready to discuss your management style and how you handle team dynamics. Prepare examples of how you've improved financial processes or ensured compliance in previous roles.
How to prepare for a job interview at Val Wade Recruitment
✨Showcase Your Technical Skills
As a Financial Controller, strong technical accounting skills are crucial. Be prepared to discuss your experience with financial reporting standards and how you've applied them in previous roles. Highlight any specific accounting treatments you've determined and the impact they had on your organization.
✨Demonstrate Leadership Experience
Since this role involves managing a team, share examples of your leadership style and how you've successfully managed teams in complex environments. Discuss your approach to coaching and mentoring, and how you ensure your team's performance aligns with organizational goals.
✨Prepare for Compliance Questions
Given the importance of compliance with charity legislation and internal controls, be ready to discuss your experience in these areas. Prepare examples of how you've implemented or improved compliance measures in past roles, and your understanding of relevant regulations.
✨Communicate Effectively
Strong interpersonal and communication skills are essential for this position. Practice explaining complex financial information in a clear and concise manner. Be prepared to discuss how you've influenced stakeholders and collaborated with different departments to achieve financial objectives.
