At a Glance
- Tasks: Lead financial strategy and oversee the Foundation's finances while supporting decision-making.
- Company: Join KFC Youth Foundation, a dynamic organization dedicated to helping young people achieve their potential.
- Benefits: Enjoy a competitive salary, a supportive team environment, and the chance to make a real impact.
- Why this job: Be part of a growing organization where your finance skills can drive meaningful change.
- Qualifications: 5-7 years in finance, preferably in the charity sector; strong management and communication skills required.
- Other info: This role requires an enhanced DBS check and a commitment to our mission.
The predicted salary is between 39000 - 52000 £ per year.
As Finance Manager you will have responsibility for overseeing the Foundation’s finances, the Finance Manager will be a key role in providing support and analysis to help decision- making for the Trustees and Foundation Manager. We have spent the last two year moving towards becoming a service delivery organisation and an employer in our own right and as we look towards growing the Foundation we are looking for someone who can help us to identify, develop and implement various processes and systems that don’t currently exist from a Finance perspective.
This is a hands-on role with a mix of strategic and operational tasks and is essential to the success of our strategy, maintaining best practice financial controls and budgetary oversight, and meeting statutory obligations.
The role will suit someone who is looking to join a small, dynamic and growing organisation to integrate finance within the organisation through building relationships with the wider team.
Overall Job Purpose
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Development of the finance team’s strategy and identifying initiatives to deliver on this strategy
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Identifying business improvement opportunities directly, or through others, to improve financial management and reporting
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Assisting the Foundation Manager and Trustees in establishing the policies, systems and procedures which will ensure the Foundation’s resources are used effectively
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Advising on compliance with legislation and guidance, for example, HMRC, Charity Commission
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Organising and managing the Foundation’s finances,
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Administering pensions and payroll related functions
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Supporting and encouraging the Foundation’s ethos and its objectives, policies and procedures
Role Responsibilities
Strategic
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Prepare, monitor and report on the annual budget and accounts in support of the strategy of the Foundation in liaison with the Foundation Manager, Finance Committee and Trustees.
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Developing finance transformation initiatives – as an enabler to progress the growth and future of the Foundation
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Advise on and model the financial effect of changes to the Foundation strategy and advise on the financial implications of any change or initiative
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Manage, maintain and develop financial systems and controls, increasing their impact and quality and implementing best practices in financial management.
Business Partnership
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Attend and prepare required reports, as directed by the Foundation Manager and Finance Committee
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Lead the Foundation Finance Sub-Committee including preparation of agenda and minutes
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Collaborating with the Income Generator as a strategic partner for financial modelling of bids and proposal in line with the Foundation’s financial strategy
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Provide timely and accurate reports and advice to budget holders
Reporting
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Manage the annual audit process including auditor visits
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Ensure the Foundation meets all statutory requirements set out by the Charity Commission
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Manage all aspects of the financial cycle, including budgeting, forecasting, fixed asset management, reserves management and financial reporting.
Financial Operations Management
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Be responsible for cash flow projections and all elements of cash handling
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Manage the invoicing of Franchisees and credit control of those invoices
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Arrange payment of invoices and grants
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Manage and regularly maintain the Foundation’s asset register
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Maintain and oversee all bank accounts, completing monthly reconciliations
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Manage the staff payroll and pension process, monthly HMRC reporting and payments, including monitoring of VAT, tax (that may become applicable to the Foundation), and gift aid, and prepare required returns.
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Maintain all Foundation insurances in all forms including assessments, claims and administration
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A personal commitment to the KFC Youth Foundation’s mission to help young people achieve their potential and our ambition to become a delivery organisation
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Evidence of CPD in Finance
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Proven track record in finance: a minimum of 5-7 years of experience in a financial role, preferably within the charity sector
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Strong financial management skills, including budgeting, financial reporting, modelling and analysis
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Confident decision maker who is comfortable with change and works well under pressure, able to prioritise workload in a busy and fast-changing working environment
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Strong written and oral communication skills and the ability to effectively interface with senior management, staff and external stakeholders
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Ability to develop and lead a high performing team
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Experience and confidence using accounting software such as Xero
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An enhanced DBS check
Desirable
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Recognised Finance qualification (e.g. ACCA, CIMA, CIPFA, ACA)
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Business or Accounting degree
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Experience of working within the charity sector.
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Working knowledge of charity SORP
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Experience of working in and responding to a regulatory environment with the ability to oversee the Foundation’s obligations develop best practice policies and procedures
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Track record of successfully supporting organisational change and development within a growing organisation
Skills and competencies
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Personal effectiveness: self-motivated with a strong sense of purpose and drive for achievement.
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Emotional Intelligence: able to work with clarity, openness and emotional intelligence, with the highest levels of personal integrity and honesty.
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Communication: articulates ideas and expectations clearly, and proactively fostering a shared understanding among team members and stakeholders. Listens attentively to others, valuing diverse perspectives, and fosters a culture of open communication.
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Collaboration: Able to forge and nurture partnerships and collaborative relationships with a range of organisations and stakeholders.
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Problem Solving and Decision Making: Applies critical thinking and analytical skills to identify and solve complex problems, driving innovation and continuous improvement. Makes well-informed decisions aligned with the organisation’s long-term goals and objectives.
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Strategic management: Able to prepare a strategic vision and be skilled in implementation including getting buy in from key stakeholders. Utilises data and metrics to inform and justify strategic choices.
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Change management: Ability to lead and implement change initiatives within complex organisational settings. Demonstrates the ability to inspire and guide teams through change whilst remaining flexible and agile to allow for the dynamic nature of change.
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Entrepreneurial: Ability to be creative, bring fresh thinking and fostering a culture of ambition and innovation.
This post is subject to NSPCC Safer recruitment and an Enhanced Disclosure and Barring Service Check
Salary: £45,000 – £50,000
KFC UK & I – Corporate Affairs and Sustainability
(part of YUM! Brands, Inc.)
Woking GU22 7NJ
Full-time
KFC Youth Foundation Finance Manager employer: Kentucky Fried Chicken (KFC)
Contact Detail:
Kentucky Fried Chicken (KFC) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land KFC Youth Foundation Finance Manager
✨Tip Number 1
Familiarize yourself with the KFC Youth Foundation's mission and values. Understanding their goals will help you align your experience and skills with their objectives during discussions.
✨Tip Number 2
Network with professionals in the charity sector, especially those who have experience in finance roles. They can provide insights into the specific challenges and opportunities within the organization.
✨Tip Number 3
Prepare to discuss your experience with financial systems and controls. Be ready to share examples of how you've implemented best practices in previous roles, as this is crucial for the position.
✨Tip Number 4
Showcase your ability to lead and develop a high-performing team. Think of specific instances where you've successfully managed change or improved processes, as this aligns with the Foundation's growth strategy.
We think you need these skills to ace KFC Youth Foundation Finance Manager
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Finance Manager position. Highlight key responsibilities and required skills, and think about how your experience aligns with these.
Tailor Your CV: Customize your CV to reflect the specific skills and experiences that are relevant to the Finance Manager role. Emphasize your financial management skills, experience in the charity sector, and any relevant qualifications.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also demonstrates your passion for the KFC Youth Foundation's mission. Use specific examples from your past experience to illustrate how you can contribute to their goals.
Showcase Your Soft Skills: In your application, highlight your soft skills such as communication, collaboration, and problem-solving. These are crucial for the role, especially in a dynamic and growing organization like the KFC Youth Foundation.
How to prepare for a job interview at Kentucky Fried Chicken (KFC)
✨Understand the Foundation's Mission
Before your interview, make sure you have a solid understanding of the KFC Youth Foundation's mission and objectives. Be prepared to discuss how your financial expertise can support their goals and contribute to helping young people achieve their potential.
✨Showcase Your Financial Management Skills
Highlight your experience in budgeting, financial reporting, and analysis during the interview. Provide specific examples of how you've successfully managed finances in previous roles, especially within the charity sector, to demonstrate your capability for this position.
✨Prepare for Strategic Discussions
Since this role involves strategic decision-making, be ready to discuss how you would approach developing finance transformation initiatives. Think about past experiences where you identified business improvement opportunities and how you implemented them effectively.
✨Emphasize Collaboration and Communication
This position requires strong collaboration with various stakeholders. Prepare to share examples of how you've built relationships and communicated effectively with senior management, staff, and external partners to foster a culture of open communication and teamwork.