At a Glance
- Tasks: Lead all financial aspects of a charity, ensuring compliance and effective budget management.
- Company: GSG Impact, a dynamic charity focused on making a difference.
- Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
- Other info: Join a passionate team dedicated to financial sustainability and success.
- Why this job: Make a real impact in the charity sector while developing your finance skills.
- Qualifications: Strong finance background and excellent communication skills required.
The predicted salary is between 35000 - 45000 £ per year.
The Head of Finance is the lead finance professional at GSG Impact, and, with the support of the Chief Operating Officer, is responsible for leading all aspects of the charity's finances.
The Head of Finance will be the owner of the external audit relationship and be responsible for the production of the annual report and accounts, including all regulatory compliance associated with a UK based charitable entity.
They will support the leadership’s preparation for, and presentations to both the charity’s Finance and Audit sub-committee and the main GSG Impact Board.
The post-holder will ensure that the charity’s budget and financial position are closely monitored and that established financial controls, spanning the procurement to payments cycle, are firmly adhered to.
They will lead on the annual budget setting process, including interim re-forecasting, and financial reporting.
In addition, the post-holder will provide budgetary support, business partnering and technical advice to non-finance staff, and build strong relationships across the organisation, particularly the Fundraising and Programme Support Teams, positioning GSG Impact for continued success and financial sustainability.
Key Responsibilities Regulatory Compliance & Audit Preparation of the Annual financial statements and Audited accounts for the charitable entity and trading subsidiary.
Completion of regulatory returns as required by the Charities’ Commission.
Co-ordination and filing of the quarterly VAT returns and annual Corporation Tax return.
Review of the VAT registration position for continued appropriateness.
Ensure gift aid is calculated and paid over from the trading subsidiary to the charity, as applicable.
Management Accounting and Planning Leadership of the Annual organisational budget process, including multi-year financial plans and Scenario modelling.
Lead mid-year re-forecast process for review and approval of the Board.
Production of Monthly – Quarterly summary management accounts with accompanying narrative to support analysis of significant variances and trends.
Oversee Budget vs actual reporting and analysis by department-function for circulation to nominated budget holders.
Financial Accounting, Cash and Treasury Management Ownership of the month end financial accounting processes and adjustments.
Manage monthly payroll process with outsourced provider.
Oversee completion of monthly Balance sheet reconciliations including
StudySmarter Expert Advice🤫
We think this is how you could land Head of Finance in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like GSG Impact. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Head of Finance in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to GSG Impact.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on GSG Impact's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at GSG Impact
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with GSG Impact.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at GSG Impact will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former GSG Impact employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
