At a Glance
- Tasks: Lead financial operations and manage a team to ensure accurate reporting and compliance.
- Company: Join Newlife, a leading charity dedicated to improving lives of children with disabilities.
- Benefits: Competitive salary, meaningful work, and opportunities for professional growth.
- Why this job: Make a real difference in the lives of children while advancing your finance career.
- Qualifications: Professional finance qualification and management experience required.
- Other info: Dynamic role with a chance to shape the future of a vital charity.
The predicted salary is between 55000 - 65000 £ per year.
About our Charity
As one of the UK’s leading charities providing essential specialist equipment to children with disabilities, Newlife is dedicated to making life better – for the families we serve, and for the people who help us to make that happen. Through grants and emergency equipment loans, we ensure children get the vital equipment they need, when they need it, while our free nurse helpline offers crucial support and information – as well as a listening ear. Our campaigns help to give children with disabilities and their families a voice, advocating for change to benefit the families we serve. And we support adults with additional needs with volunteering and employment opportunities, providing an introduction to the workplace and a means for career development. Across the whole of Newlife, our teams are crucial to our success – it’s not just a job; here you’ll be helping us to change lives every day.
Key Responsibilities
- The role is responsible for the day-to‑day financial operations of the organisation, including month‑end and year‑end processes.
- This includes managing the finance team and workload, overseeing weekly income reporting across store sales, online sales, commercial income, and charity income, and ensuring all income is accurately reconciled from EPOS systems to the accounting system.
- The postholder will ensure timely and accurate month‑end close processes, including the posting of utilities, payroll, PDQ transactions, and various accruals such as payroll, utilities, and sundry costs.
- Responsibilities also include reconciliation of commercial income, sales and purchase ledgers, and online income including PayPal, as well as preparing supporting schedules for management accounts and board reporting.
- The role has responsibility for financial reporting and compliance, including preparing accurate and timely statutory accounts in line with Charity Commission and Companies House requirements, ensuring compliance with audit standards, tax regulations, and nonprofit accounting principles, and overseeing the preparation of donor reports.
- The postholder will maintain strong internal controls and governance, involving maintaining and enforcing financial policies and procedures, ensuring robust internal controls to safeguard organisational assets, leading audit preparation, and liaising with external auditors.
- The role also includes setting up weekly and monthly reporting, including uploading budgets into SAGE, managing restricted and unrestricted fund accounting, overseeing bank reconciliations and balance sheet control account reconciliations, and managing cash flow.
- Leadership and collaboration are central to the role, with the postholder managing and developing finance team members, including oversight of timesheets, holiday and sickness reporting, and performance management.
- They will work closely with the Finance Director and programme managers to ensure financial sustainability and will be a member of the Senior Management Team, contributing to guiding and shaping the future of the charity.
- In addition, the role includes a range of ad hoc duties, such as completing all government statistical returns, handling valuation office and rates enquiries, acting as the finance contact on the transformation programme, managing the upload of payments to the bank, and deputising for the Finance Director as required.
Requirements
- The successful candidate will be professionally qualified (ACA, ACCA, CIMA, or CIPFA).
- They will have a minimum of three to five years’ experience in a similar role, ideally within a charity environment, along with at least two years of management experience.
- Experience using SAGE or a similar accounting system is essential.
- The role requires strong practical skills, including the ability to work hands‑on within a small finance team, largely made up of part‑qualified or unqualified staff.
- The postholder must be able to prioritise effectively in a demanding environment while maintaining a customer‑first approach, and be capable of delegating tasks and training or mentoring team members where needed.
- The ideal candidate will be confident, proactive, and highly organised, with the ability to translate complex technical financial concepts into language suitable for a wide range of audiences.
- Excellent written and verbal communication skills are essential.
Senior Finance Manager employer: Newlife The Charity for Disabled Children
Contact Detail:
Newlife The Charity for Disabled Children Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Finance Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who have experience in charities. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by researching Newlife and its mission. Understand their financial operations and think about how your skills can help them achieve their goals. Show them you’re not just another candidate; you’re passionate about making a difference!
✨Tip Number 3
Practice your interview skills with a friend or mentor. Focus on articulating your experience in managing finance teams and handling compliance. The more comfortable you are, the better you’ll shine during the real deal!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the team at Newlife.
We think you need these skills to ace Senior Finance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Finance Manager role. Highlight your relevant experience, especially in charity finance, and showcase your management skills. We want to see how you can bring your unique flair to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about working with us at Newlife and how your skills align with our mission. Keep it engaging and personal – we love a good story!
Showcase Your Financial Expertise: In your application, don’t forget to highlight your experience with SAGE or similar accounting systems. We’re looking for someone who can hit the ground running, so let us know how you've successfully managed financial operations in the past.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important details. We can’t wait to hear from you!
How to prepare for a job interview at Newlife The Charity for Disabled Children
✨Know Your Numbers
As a Senior Finance Manager, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've managed budgets, reconciled accounts, and ensured compliance in previous roles. This shows you’re not just familiar with the numbers but can also apply them effectively.
✨Showcase Leadership Skills
This role involves managing a finance team, so be prepared to share examples of how you've led teams in the past. Talk about your experience in mentoring staff, handling performance management, and fostering a collaborative environment. Highlighting your leadership style will resonate well with the interviewers.
✨Understand the Charity Sector
Since this position is within a charity, it’s crucial to understand the unique financial challenges faced by non-profits. Familiarise yourself with charity accounting principles and be ready to discuss how you've navigated these in your previous roles. This will show your commitment to the mission of the organisation.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills. Think of situations where you had to manage tight deadlines, resolve discrepancies, or implement new financial processes. Prepare structured responses using the STAR method (Situation, Task, Action, Result) to clearly convey your thought process and outcomes.