Finance Manager

Finance Manager

Edinburgh Full-Time 36000 - 60000 £ / year (est.) No home office possible
N

At a Glance

  • Tasks: Lead the Financial Control team, managing income, expenditure, and compliance with financial regulations.
  • Company: Join a Trust dedicated to effective financial management and community support.
  • Benefits: Enjoy a supportive work environment with opportunities for professional development and growth.
  • Why this job: Make a real impact by ensuring financial integrity while developing your leadership skills.
  • Qualifications: Experience in finance or accounting is essential; leadership skills are a plus.
  • Other info: This role offers a chance to work closely with various teams and enhance your financial expertise.

The predicted salary is between 36000 - 60000 £ per year.

This role will be responsible for the day-to-day leadership of the Financial Control team which manages income, expenditure streams, assets, liabilities and associated tax within the Trust. This includes the following key areas:

  • Revenue recognition and reconciliation
  • Accounting for Stock
  • Intercompany accounting
  • Balance Sheet Management
  • Accruals, Prepayments, Accrued and Deferred Income
  • Taxation Accounting & Advisory Services
  • Trust payroll and expense claim facilitation
  • Financial Control related procedures, systems and team activities

The delivery of these will have to be planned and managed around a variety of deadlines which can be anything from daily/weekly to annual. Areas of priority will be: to lead the delivery activities required for the preparation of the month-end results and completion of the Trust’s annual report and accounts, and the external audit for the Trust; to lead on VAT and Gift Aid claim review and compliance to ensure all areas of the Trust's income streams meet HMRC regulations whilst maintaining efficient associated VAT recovery. The role also involves ensuring that the Trust’s systems of financial and internal control relating to these areas are operating effectively, and leading the development and implementation of best in practice processes/controls in these areas.

Reporting to the Financial Controller, the postholder is required to support them in delivering programmes of work that meet the Finance Team’s objectives ensuring complete accurate and compliant reporting to internal and external stakeholders to tight deadlines.

KEY RESPONSIBILITIES AND ACCOUNTABILITIES

  • Lead and manage members of the Financial Control team, ensuring that they are supported, developed and performance managed in accordance with the HR policies of the Trust to ensure that the functions of the team are delivered efficiently and effectively and members of the team are able to continually improve and develop.
  • Supporting development of appropriate policies and develop and maintain processes and procedures with regard to income recognition and associated balance sheet management to ensure compliance with FRS102 and OSCR SORP.
  • Supporting development of appropriate policies and develop and maintain processes and procedures to ensure the Trust’s financial operations are compliant with all relevant VAT & Tax legislation and regulations. Will require liaison with and management of external advisers to support compliance and submission activities. Focus will be on making these compliant, effective and efficient.
  • Working with, influencing and business partnering members and leaders in other teams to ensure that the necessary processes and controls are developed and implemented.
  • Enhancing working relationships with other departments and explaining financial terms to non-accountants to ensure the sharing of knowledge.

Finance Manager employer: National Trust For Scotland

As a Finance Manager at our Trust, you will join a dynamic and supportive work environment that prioritises employee development and collaboration. We offer competitive benefits, including flexible working arrangements and opportunities for professional growth, all while contributing to meaningful financial stewardship within the community. Our culture fosters innovation and teamwork, ensuring that every team member feels valued and empowered to make a difference.
N

Contact Detail:

National Trust For Scotland Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance Manager

✨Tip Number 1

Familiarise yourself with the key financial regulations and standards relevant to the role, such as FRS102 and OSCR SORP. This knowledge will not only help you in interviews but also demonstrate your commitment to compliance and best practices.

✨Tip Number 2

Network with professionals in the finance sector, especially those who have experience in financial control or management roles. Engaging with them can provide insights into the role and may even lead to referrals or recommendations.

✨Tip Number 3

Prepare to discuss your leadership style and how you've successfully managed teams in the past. Highlight specific examples where you've developed team members or improved processes, as this is crucial for the Finance Manager position.

✨Tip Number 4

Stay updated on current trends in taxation and financial compliance, particularly regarding VAT and Gift Aid. Being knowledgeable about these areas will show your proactive approach and readiness to tackle the challenges of the role.

We think you need these skills to ace Finance Manager

Financial Reporting
Budget Management
Taxation Knowledge
Accounting Standards (FRS102, OSCR SORP)
VAT Compliance
Intercompany Accounting
Balance Sheet Management
Revenue Recognition
Team Leadership
Performance Management
Process Development
Stakeholder Engagement
Communication Skills
Analytical Skills
Attention to Detail
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in financial control, team leadership, and compliance with accounting standards. Use specific examples that demonstrate your ability to manage income and expenditure streams effectively.

Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the Finance Manager role and explain how your skills align with the key responsibilities outlined in the job description. Mention your experience with VAT and tax compliance, as well as your ability to lead a team.

Showcase Leadership Skills: Emphasise your leadership experience in your application. Provide examples of how you have supported and developed team members in previous roles, ensuring they meet performance targets and improve their skills.

Highlight Compliance Knowledge: Demonstrate your understanding of FRS102 and OSCR SORP in your application. Mention any relevant experience you have in developing policies and procedures that ensure compliance with financial regulations and legislation.

How to prepare for a job interview at National Trust For Scotland

✨Understand Financial Regulations

Make sure you have a solid grasp of financial regulations, especially FRS102 and VAT compliance. Be prepared to discuss how you've ensured compliance in previous roles and how you would approach these regulations in the new position.

✨Show Leadership Skills

As this role involves leading a team, be ready to share examples of how you've successfully managed and developed team members in the past. Highlight your approach to performance management and team support.

✨Demonstrate Problem-Solving Abilities

Prepare to discuss specific challenges you've faced in financial control and how you resolved them. This could include issues with revenue recognition or balance sheet management, showcasing your analytical skills.

✨Communicate Financial Concepts Clearly

Since you'll need to explain financial terms to non-accountants, practice simplifying complex financial concepts. Be ready to provide examples of how you've effectively communicated with other departments in the past.

N
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>