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: Flexible remote work, competitive salary, 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: Experience in finance management and strong analytical skills required.
The predicted salary is between 50000 - 65000 £ 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.
Remote Head of Finance in Chester employer: Head Of Finance
GSG Impact is an exceptional employer, offering a collaborative and supportive work culture that empowers employees to make a meaningful impact in the charity sector. With flexible remote working options, competitive salaries, and generous holiday allowances, the organisation prioritises employee well-being and professional growth, ensuring that team members can thrive while contributing to the charity's mission of financial sustainability and success.
