At a Glance
- Tasks: Lead the finance team, manage budgets, and ensure compliance with financial regulations.
- Company: Join a dynamic arts organisation committed to diversity and inclusion.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity for career growth and to work closely with senior management.
- Why this job: Make a real impact in the arts sector while developing your finance skills.
- Qualifications: Experience in finance management and strong leadership abilities.
The predicted salary is between 40000 - 50000 £ per year.
The CBSO is seeking a Finance Manager to work as part of our Finance Team. The Finance Manager will oversee the day-to-day operations of the department and support the Director of Finance & Resources.
Key Responsibilities
- Manage and oversee month-end processes, including P&L review, balance sheet reconciliations, journals and ensuring the timely production of management accounts, with commentary.
- Produce regular Board Packs including collation of KPI’s, variance reports of actuals against budgets and other ad hoc reports, rolling cash-flows and reserves forecasts.
- Supervise and oversee the payroll and ensure HMRC compliance.
- Create Budget files and work collaboratively across business areas to collate data for annual budgets and reforecasts.
- Prepare Cashflow budgets and re-forecasts.
- Tax
- Prepare and submit quarterly VAT returns.
- Collate information for Orchestra Tax Relief and assist in OTR return.
- Oversee FET and other tax related matters.
- Ensure suitable training is in place for team.
- Statutory Accounting
- Assist in the preparation of the annual financial statements for the CBSO and related entities.
- Prepare for the annual audit, including liaising with auditors, coordination and submission of information, and overseeing the implementation of audit recommendations.
- Cash & Reserves Management
- Manage cash flow forecasting to ensure adequate cash levels are maintained throughout the year.
- Actively manage Per Diems, cash floats and other financing requirements.
- Quarterly investment & cashflow reporting for Pension scheme.
- Actively lead the finance team and assist in all areas as required.
- Manage and develop team members through regular 1 to 1s, identifying development opportunities, and conduct annual appraisals.
- Management of finance accounting systems and training.
- General
- Work closely with the Director of Finance & Resources to support the organisation’s objectives and strategic plans.
- Prepare and collate Arts Council England annual return data.
- Assist with any other funding reporting requirements.
- Attend Audit and Risk committee meetings.
- Assist in review and strengthening of the controls, ensuring that all relevant policies and procedures are robust and that the organisation is meeting its regulatory compliance and reporting requirements in relation to the day to day finance operations.
- Assist in the renewal of annual insurance and insurance claims.
- To undertake additional duties as and when the needs of the business requires it, at the direction of the Director of Finance and Resources.
Finance Manager employer: City Of Birmingham Symphony Orchestra
The CBSO is an exceptional employer, offering a collaborative and inclusive work culture that prioritises employee development and growth. As a Finance Manager, you will play a pivotal role in shaping the financial strategies of a renowned organisation while enjoying benefits such as flexible working arrangements and opportunities for professional training. Located in a vibrant city, the CBSO fosters a supportive environment where your contributions are valued, making it a rewarding place to advance your career in finance.
Contact Details:
City Of Birmingham Symphony Orchestra Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Finance Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector and let them know you're on the hunt for a Finance Manager role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of financial regulations. Be ready to discuss your experience with month-end processes, P&L reviews, and cash flow management. Show them you’re the finance whizz they need!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for openings at CBSO and tailor your approach to highlight how your skills can help them achieve their objectives.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to show your genuine interest in the role and the organisation.
We think you need these skills to ace Finance Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Finance Manager role. Highlight relevant experience, especially in managing month-end processes and preparing financial statements. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our Finance Team. Mention specific examples of your past achievements that relate to the responsibilities listed in the job description.
Showcase Your Team Leadership Skills:As a Finance Manager, you'll be leading a team. Make sure to highlight any experience you have in managing or developing team members. We love seeing candidates who can inspire and support their colleagues!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it helps us keep everything organised on our end!
How to prepare for a job interview at City Of Birmingham Symphony Orchestra
✨Know Your Numbers
As a Finance Manager, you'll need to demonstrate your expertise in financial metrics. Brush up on key financial concepts like P&L statements, balance sheets, and cash flow forecasts. Be ready to discuss how you've managed these in previous roles.
✨Showcase Your Leadership Skills
This role involves leading a finance team, so be prepared to share examples of how you've developed team members and managed performance. Think about specific instances where you’ve conducted appraisals or identified development opportunities for your team.
✨Prepare for Technical Questions
Expect questions around VAT returns, tax reliefs, and statutory accounting. Familiarise yourself with the latest regulations and be ready to explain how you've ensured compliance in past positions. This will show that you're not just knowledgeable but also proactive.
✨Align with Organisational Goals
The CBSO is looking for someone who can support their strategic plans. Research the organisation’s objectives and think about how your skills can contribute. Be ready to discuss how you can help strengthen controls and improve financial operations.
