Head of Finance

Head of Finance

Newcastle upon Tyne Full-Time 30000 - 42000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead financial management and strategic planning for a charity focused on health interventions.
  • Company: Join Ways to Wellness, a pioneering charity tackling health inequalities since 2015.
  • Benefits: Enjoy flexible working, 30 days holiday, and a health and wellbeing plan after six months.
  • Why this job: Make a real impact in healthcare while developing your finance skills in a supportive environment.
  • Qualifications: Qualified accountant with senior experience and strong analytical skills required.
  • Other info: Part-time role (2.5 days/week) based in Newcastle's beautiful Quayside.

The predicted salary is between 30000 - 42000 £ per year.

Job Description

Ways to WellnessWays to Wellness was launched in 2015 to deliver a world-first social prescribing prototype using investment from an outcome-based Social Impact Bond (SIB). Their work has since expanded and they now facilitate, pilot and prototype healthcare interventions, using an iterative and collaborative test-and-learn approach that provides the evidence to tackle health inequalities and create systemic cost savings, while empowering individuals to take ownership of, and improve their short and long term health. Ways to Wellness (WtW) Foundation, which has a number of collaborative projects with partners, is a charity and company limited by guarantee that currently has one trading subsidiary, also a limited company. Their offices are located in the heart of Newcastle upon Tyne on the beautiful Quayside and they are proud of offer flexible and hybrid working pattern.The Opportunity: Head of Finance – Part TimeReporting to the CEO, the Head of Finance will work closely with the CEO ensuring first class financial management and robust financial controls, as well as playing a significant part in the management and strategic planning of the business. This is a part time, permanent position requiring the successful post-holder to work 2.5 days per week or approximately 18.5 hours across the week with flexibility around working patterns. The Head of Finance will be responsible for financial modelling, financial reporting, control and forecasting. The successful candidate will maintain good external relationships with partners, assist the CEO with contract management matters, and present financial information to the Ways to Wellness Board of Non-Executive Directors and Trustees. The postholder will be responsible for statutory accounts preparation, compliant with the Charities Act, Charities SORP and other applicable legislation.Key RequirementsWe are looking to speak to candidates who align with the following criteria:
  • A qualified accountant (ACA, ACCA, CIMA) with senior-level experience.
  • Strong analytical skills and a proactive, business-minded and strategic approach.
  • Experience with charity finance, or experience with multiple funding streams and project accounting.
  • Comfortable getting involved in all areas of Finance, from transactional duties to contributing to organisational strategy.
  • A collaborative team player who can work flexibly and influence effectively.
  • Able to adapt to changing priorities and address complex financial challenges and identify solutions. 

Benefits/Application

  • Salary: £50,000 per annum pro rata 2-2.5 days per week 
  • Contract: Permanent 
  • Holidays: 30 days paid holiday (pro rata for part time) plus bank holidays.
  • Pension: Ways to Wellness will contribute up to the equivalent of 5% of your gross salary to match your equivalent contribution.
  • Benefits: Health and wellbeing plan (after six months’ service).
  • Base: This role will be based at Ways to Wellness’ office (Newcastle Quayside)

Submit your CV to Nigel Wright to register your interest in this vacancy and to arrange a confidential discussion, where we can provide further detail about the role and organisation.

Head of Finance employer: Nigel Wright Group

Ways to Wellness is an exceptional employer, offering a unique opportunity to contribute to meaningful healthcare interventions while enjoying a flexible and hybrid working environment in the picturesque setting of Newcastle upon Tyne's Quayside. With a strong commitment to employee wellbeing, generous holiday allowances, and a collaborative work culture, we empower our team members to grow professionally and make a tangible impact on health inequalities in the community.
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Contact Detail:

Nigel Wright Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Finance

✨Tip Number 1

Familiarise yourself with the specific financial regulations and compliance requirements related to charities in the UK. Understanding the Charities Act and SORP will not only help you in the role but also demonstrate your commitment and knowledge during discussions.

✨Tip Number 2

Network with professionals in the charity finance sector. Attend relevant events or webinars to connect with others who have experience in charity finance, as they may provide insights or even referrals that could help you land the job.

✨Tip Number 3

Prepare to discuss your experience with financial modelling and reporting in detail. Be ready to share examples of how you've successfully managed multiple funding streams and contributed to strategic planning in previous roles.

✨Tip Number 4

Showcase your collaborative skills by thinking of ways you can contribute to team dynamics. Be prepared to discuss how you've influenced decision-making in past positions and how you can bring that experience to Ways to Wellness.

We think you need these skills to ace Head of Finance

Qualified Accountant (ACA, ACCA, CIMA)
Financial Modelling
Financial Reporting
Financial Control
Forecasting
Charity Finance Knowledge
Project Accounting
Analytical Skills
Strategic Planning
Contract Management
Stakeholder Engagement
Presentation Skills
Adaptability
Problem-Solving Skills
Team Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your qualifications as a chartered accountant and showcases your senior-level experience. Emphasise any relevant experience in charity finance or managing multiple funding streams.

Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your strategic approach to financial management and how your skills align with the role's requirements. Mention your ability to adapt to changing priorities and your collaborative nature.

Highlight Relevant Experience: In your application, focus on specific examples of your analytical skills and how you've successfully tackled complex financial challenges in previous roles. This will demonstrate your proactive and business-minded approach.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for a Head of Finance position.

How to prepare for a job interview at Nigel Wright Group

✨Understand the Organisation's Mission

Before your interview, make sure you thoroughly understand Ways to Wellness and its mission. Familiarise yourself with their social prescribing model and how they tackle health inequalities. This will show your genuine interest in the role and help you align your answers with their values.

✨Highlight Relevant Experience

As a candidate for the Head of Finance position, be prepared to discuss your experience with charity finance and managing multiple funding streams. Provide specific examples of how you've successfully navigated complex financial challenges in previous roles.

✨Demonstrate Strategic Thinking

The role requires a strategic approach to financial management. Be ready to discuss how you've contributed to organisational strategy in the past. Think about how you can apply your analytical skills to support Ways to Wellness in achieving its goals.

✨Prepare Questions for the Interviewers

Having thoughtful questions prepared shows your engagement and interest in the role. Ask about the current financial challenges the organisation faces or how they measure the success of their financial strategies. This will also give you insight into the company's priorities.

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