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- Tasks: Lead financial strategy and compliance for a dynamic Not for Profit organisation.
- Company: Join a Birmingham-based organisation focused on positive change and community impact.
- Benefits: Enjoy hybrid working options and competitive day rates for the right experience.
- Other info: Contract duration is 6 months, promoting equality and diversity in the workplace.
- Why this job: Be part of a transformative period, shaping financial practices and supporting sustainability.
- Qualifications: Must have experience as a Head of Finance/Finance Director in organisations with £15m turnover or more.
The predicted salary is between 54000 - 84000 £ per year.
Job Description
RM Recruit are supporting a Birmingham based Not for Profit organisation in the recruitment of an Interim Finance Director for their team. This role will provide stability for the organisation during a period of positive change and potentially assist with the restructuring of the finance function.
Key responsibilities will include, but not be limited to:
- Ensure continuous compliance with all applicable legislation, statutory regulations, and other regulatory requirements.
- Oversee the stewardship and management of all financial assets.
- Contribute to income growth, operational efficiency, cost-effectiveness, and long-term sustainability, while exemplifying best practices.
- Research, advocate for, and support the development of robust financial delivery models across the organisation and its subsidiaries.
- Lead both strategic and operational planning, implementation, reporting, and control of financial and budgetary activities.
- Manage all external financial audits, inspections, and compliance processes, including negotiating audit findings and recommended actions with external auditors, HMRC, and other relevant bodies.
- Lead and develop the finance team, including oversight of departmental budgets and staff development.
- Ensure accurate and timely submission of all statutory and organisational financial returns, including sector-specific requirements.
- Provide expert financial advice and reporting to the CEO, enabling informed decision-making through timely data such as budgets, scenario planning, performance analysis, and active participation in senior management meetings.
- Manage cash flow by balancing working capital, reserves, and investments against projected expenditures, and model future financial performance across various scenarios.
- Develop the medium-term financial plan aligned with income trends and growth objectives.
- Deliver regular analysis of financial risks, investment strategies, and planning, aligned with organisational values and risk appetite.
- Advise and report to the board on financial matters, offering guidance on best practices, regulatory compliance, scenario planning, and the implications of strategic decisions.
- Maintain and manage relationships with key external stakeholders including auditors, banks, actuaries, investment brokers, and legal advisers.
- Support the development and oversight of the organisation’s commercial partnerships and activities.
Our client requires a confident and established Head of Finance/Finance Director who has worked in organisations of c£15m t/o or above and is experienced in both strategic and hands on statutory duties.
The contract will have a duration of 6 months with hybrid working (c50/50 split). Day rates can be considered for the right experience.
RM Recruit is committed to Equality, Diversity and Inclusion and will treat all applicants equally irrespective of sex, sexual orientation, marital/civil partnership status, age, disability, race, religion, pregnancy, ethnic or national origin.
Interim Finance Director employer: RM RECRUIT LIMITED
Contact Detail:
RM RECRUIT LIMITED Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Interim Finance Director
✨Tip Number 1
Network with professionals in the not-for-profit sector, especially those who have experience in finance roles. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in financial management within this sector.
✨Tip Number 2
Familiarise yourself with the specific financial regulations and compliance requirements that apply to not-for-profit organisations. This knowledge will not only help you stand out during interviews but also demonstrate your commitment to the role and the sector.
✨Tip Number 3
Prepare to discuss your previous experiences in leading finance teams and managing financial audits. Be ready to provide examples of how you've successfully navigated challenges in financial management and contributed to organisational growth.
✨Tip Number 4
Research the organisation you're applying to thoroughly. Understand their mission, values, and any recent changes or challenges they may be facing. Tailoring your approach to align with their goals will show that you're genuinely interested in contributing to their success.
We think you need these skills to ace Interim Finance Director
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance leadership roles, particularly in not-for-profit organisations. Emphasise your achievements in compliance, financial management, and team leadership.
Craft a Compelling Cover Letter: Write a cover letter that addresses the specific responsibilities mentioned in the job description. Showcase your strategic planning skills and experience with financial audits, as well as your ability to lead a finance team through change.
Highlight Relevant Skills: In your application, focus on key skills such as financial analysis, risk management, and stakeholder engagement. Use examples from your past roles to demonstrate how you have successfully managed financial operations and compliance.
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 finance director role.
How to prepare for a job interview at RM RECRUIT LIMITED
✨Understand the Organisation's Mission
Before your interview, take some time to research the not-for-profit organisation's mission and values. Understanding their goals will help you align your answers with their objectives and demonstrate your commitment to their cause.
✨Prepare for Financial Compliance Questions
Given the role's emphasis on compliance with legislation and regulations, be ready to discuss your experience in managing financial compliance. Prepare examples of how you've navigated audits or regulatory requirements in previous roles.
✨Showcase Leadership Experience
As a Finance Director, you'll need to lead a team effectively. Be prepared to share specific instances where you've developed and managed finance teams, highlighting your leadership style and how it contributed to team success.
✨Discuss Strategic Financial Planning
The role involves strategic planning and financial modelling. Be ready to talk about your experience in developing medium-term financial plans and how you've used data to inform decision-making. Use concrete examples to illustrate your approach.