Head of Finance

Head of Finance

Huntingdon Full-Time 55000 - 70000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the finance team and manage financial reporting for a leading disability charity.
  • Company: Join Papworth Trust, a century-old charity supporting disabled individuals and their families.
  • Benefits: Enjoy hybrid working, generous leave, and health cashback schemes.
  • Why this job: Make a real impact in the community while developing your career in finance.
  • Qualifications: Qualified finance professional with team management experience and strong accounting knowledge.
  • Other info: Opportunities for personal development and a supportive work environment.

The predicted salary is between 55000 - 70000 £ per year.

We are delighted to be partnering with Papworth Trust in Cambridgeshire to recruit a Head of Finance. This is an exciting position for someone to be part of a leading disability charity that supports thousands of people, their families and carers every year. The role is paying £65,000 - £70,000 per annum, plus hybrid working.

In 2017, Papworth Trust celebrated its 100th anniversary. Starting in 1917 as a tuberculosis settlement, they have always worked with disabled people. For the last 50 years, they have offered essential services to disabled and older people including care and support, leisure and learning activities, help with work and training and rehabilitation. Papworth Trust provides a range of high-quality services for disabled and disadvantaged people and campaigning for changes that disabled people want. Their vision is for a world where disabled people are seen for who they are. Their mission is to support disabled people to have equality, choice and independence.

The Head of Finance will lead a complex finance function, ensuring sound financial management and control for the Trust, delivering this through improving systems and approaches, and embedding policies and processes using a proactive business partnering model. Reporting to the Director of Finance and IT, the Head of Finance will be required to:

  • Line manage the Finance team members, encouraging personal development & development in line with business needs.
  • Manage the production of annual statutory financial reporting to key stakeholders, including the management of the annual external audit process.
  • Complete supporting schedules and draft report and accounts, under appropriate standards and to the required timetable.
  • Produce timely, high quality monthly management reports for budget holders, managers, Trustees and other key stakeholders.
  • Contribute to and coordinate the production of the annual budget, 5 year Business Plan, and long-term financial plan.
  • Support the Director of Finance and IT in producing reporting and analysis for the Board of Trustees and the Finance, Audit and Risk Committee and other Committees, participating in meetings as required.
  • Manage the reporting to external stakeholders, including appropriate financial institutions.
  • Ensure timely and accurate recording of all financial transactions are undertaken, for all ledgers, including fixed assets and investments.
  • Develop highly efficient processes and optimise the use of the charity's finance system (Open Accounts).
  • Review and authorise payroll submissions for the Trust.
  • Report on and manage cash flows, and cash flow forecasting.
  • Manage the relationship with the primary lenders to the Trust, monitoring the loan redemption profiles.
  • Oversee preparation of all VAT returns and submissions.
  • Provide financial input for proposals to be submitted to potential donors, advising and guiding Fundraising.
  • To be the primary liaison with external agencies, such as banks, insurers, and HMRC.
  • Represent the Papworth Trust, building excellent relationships with staff, Board members, volunteers, and the community.

Please note, a Disclosure and Barring Service (DBS) TYPE Check is required for this role.

Qualified finance professional (e.g. ACA, ACCA, CGMA/CIMA, CIPFA). Previous experience of managing a finance team. Experience of managing the production of management and statutory accounts. Interfacing with internal and external auditors and managing the processes required. Deliver a high level of confidence around disability and a passion for equality and social change. Knowledge and experience of using Open Accounts or a similar accounting system. Excellent excel and financial modelling skills. Up-to-date knowledge of current accounting standards and practices, including requirements under FRS102. A good understanding of VAT and its application in a charity environment. The ideal candidate will be team focused with the ability to work adaptably and flexibly where required. Understanding of risk management, and how to effectively build this into decision-making frameworks. Strategic thinker with the ability to take broad perspectives internally and externally when solving complex issues. Self-starter, able to work on own initiative and manage complex workloads, whilst managing expectations of others. Knowledge of registered providers of social housing finance is desirable. Ability to lead and motivate staff to deliver a high-quality service internally and externally.

£65,000 - £70,000 per annum. 35 hour working week. 25 days annual leave, plus public holidays. Hybrid working with occasional travel to wider Papworth Trust Services in Cambridgeshire, Suffolk and Essex. Main office base: Bradbury Place, Saxongate, Huntingdon PE29 3RR). On offer are two pension schemes, with up to a 10% company contribution. A health cashback scheme, worth up to £750 a year and a comprehensive discount shopping platform. Organisational Sick Pay - Up to 6 weeks full and 6 weeks half pay in a 24-month rolling period, after a qualifying period. A supportive and comprehensive induction to help you thrive in your role. Ongoing learning and development appropriate to your role and personal development opportunities. Online training to suit your hours and needs. Heat scheme - access to free guidance and support to reduce your energy bills at home. For unpaid carers, up to 5 days paid carers leave a year. Refer a Friend - Employees who successfully refer a friend to work at the Trust can earn up to £300. Opportunities to recognise and be recognised and rewarded with Papworth Trust's Values in Practice reward and recognition monthly and annual awards. The chance to have your voice heard as part of our colleague experience groups. EAP (Employee Assistance Programme). Cycle to work scheme.

Head of Finance employer: EA FIRST LTD

Papworth Trust is an exceptional employer, offering a supportive and inclusive work culture that prioritises personal development and employee well-being. With a competitive salary of £65,000 - £70,000 per annum, hybrid working options, and generous benefits including up to 10% pension contributions and extensive annual leave, employees are empowered to thrive both professionally and personally. Located in the heart of Cambridgeshire, this leading disability charity not only champions equality and social change but also provides meaningful opportunities for growth and recognition within a dedicated team.
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Contact Detail:

EA FIRST LTD Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Finance

✨Tip Number 1

Familiarise yourself with Papworth Trust's mission and values. Understanding their commitment to supporting disabled people will help you align your responses during interviews, showcasing your passion for equality and social change.

✨Tip Number 2

Network with professionals in the charity sector, especially those with experience in finance roles. Engaging with others can provide insights into the specific challenges faced by charities like Papworth Trust and may lead to valuable connections.

✨Tip Number 3

Brush up on your knowledge of Open Accounts or similar accounting systems. Being able to discuss your experience with these tools confidently will demonstrate your readiness to optimise their finance processes.

✨Tip Number 4

Prepare to discuss your leadership style and how you've successfully managed finance teams in the past. Highlighting your ability to motivate staff and foster personal development will be crucial in this role.

We think you need these skills to ace Head of Finance

Qualified finance professional (e.g. ACA, ACCA, CGMA/CIMA, CIPFA)
Experience in managing a finance team
Production of management and statutory accounts
Interfacing with internal and external auditors
Excellent Excel and financial modelling skills
Knowledge of current accounting standards and practices, including FRS102
Understanding of VAT and its application in a charity environment
Risk management knowledge
Strategic thinking
Ability to lead and motivate staff
Experience with Open Accounts or similar accounting systems
Strong communication and interpersonal skills
Ability to work adaptably and flexibly
Self-starter with initiative
Understanding of social housing finance (desirable)

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in finance management, particularly in a charity or similar environment. Emphasise your qualifications (e.g., ACA, ACCA) and any specific achievements that align with the responsibilities of the Head of Finance role.

Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also demonstrates your passion for equality and social change. Mention how your values align with those of Papworth Trust and provide examples of how you've contributed to similar missions in the past.

Highlight Relevant Skills: In your application, be sure to showcase your skills in financial modelling, knowledge of accounting standards, and experience with systems like Open Accounts. Use specific examples to illustrate how these skills have benefited previous employers.

Proofread and Edit: Before submitting your application, take the time to proofread your documents. Check for spelling and grammatical errors, and ensure that your formatting is consistent. A polished application reflects your attention to detail, which is crucial for a finance role.

How to prepare for a job interview at EA FIRST LTD

✨Show Your Passion for Equality

As the Head of Finance at a disability charity, it's crucial to demonstrate your commitment to equality and social change. Be prepared to discuss how your values align with those of Papworth Trust and share examples of how you've championed these principles in your previous roles.

✨Highlight Your Financial Expertise

Make sure to showcase your qualifications and experience in finance, particularly in managing teams and producing statutory accounts. Be ready to discuss specific financial systems you've used, like Open Accounts, and how you've improved financial processes in past positions.

✨Prepare for Scenario-Based Questions

Expect questions that assess your strategic thinking and problem-solving abilities. Prepare to discuss how you would handle complex financial issues or manage relationships with external stakeholders, such as banks and auditors, while ensuring compliance with accounting standards.

✨Demonstrate Leadership Skills

As a leader, you'll need to motivate and develop your team. Be ready to provide examples of how you've successfully managed a finance team, encouraged personal development, and fostered a collaborative work environment in your previous roles.

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