Head of Finance in Southampton

Head of Finance in Southampton

Southampton Full-Time 60000 - 75000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead financial operations, budgeting, reporting, and audits for a dynamic charity.
  • Company: Join a passionate charity making a real difference in the community.
  • Benefits: Competitive salary, professional development, and a supportive team environment.
  • Other info: Opportunity to drive change and enhance financial performance in a meaningful organisation.
  • Why this job: Be a key player in shaping the charity's financial strategy and impact.
  • Qualifications: Fully qualified accountant with charity finance experience and strong leadership skills.

The predicted salary is between 60000 - 75000 £ per year.

The Head of Finance is a key member of the Charity’s senior management team, working closely with the chief executive, directors, and trustees. The head of finance will lead the day-to-day financial operations of the Charity, including budgeting, reporting, audit, payroll, and pensions. Managing the finance manager and management accountant, the Head of Finance will ensure the effective running of the finance department and smooth day-to-day processes. Reporting directly to the Chief Executive, you will be a key advisor on strategic financial decisions, balancing meticulous operational control with strategic planning.

As the Head of Finance, you will:

  • Proactively contribute to the development and delivery of the Charity’s strategy through developing long-term financial planning to underpin our objectives.
  • Act as senior finance business partner to the senior leadership team, supporting strategic and operational decision-making.
  • Lead on the annual audit and production of statutory accounts, ensuring effective management of the audit process.
  • Support the rest of the Charity team to become financially informed and comfortable understanding financial performance, control, and accountability.

Main responsibilities:

Financial controls, reporting, and operational finance
  • Lead the finance function of the Charity, ensuring accurate, timely, and compliant financial management and reporting.
  • Ensure that appropriately robust internal financial and operational controls are in place.
  • Ensure that our unrestricted and restricted funds and accounting records are maintained in accordance with legal and regulatory requirements and best practice.
  • Ensure timely and accurate monthly management accounts and other reports are produced by the finance team and distributed to members of the senior management team, encouraging ownership of departmental budgets.
  • Manage and oversee accounts receivable and payable, ensuring strong cash management.
  • Ensure all banking facilities, financial systems, and internal processes function to a high standard and enable the Charity to carry out its transactional and operational financial functions.
  • Lead financial risk identification and mitigation, working closely with the chief executive and leadership team, and reporting to the board of trustees.
Financial administration and governance
  • Manage the production of statutory accounts in line with the Charity SORP and lead the annual external audit process.
  • Oversee our tax affairs, including PAYE, national insurance, corporation tax, VAT, and gift aid.
  • Responsible for our payroll and pensions functions.
  • Maintain and continuously improve financial policies, procedures, and controls, working closely with the fundraising and operations teams to ensure organisational efficiency.
  • Identify and escalate financial risks to the chief executive and board.
  • Line manage and support the management accountant and finance manager, ensuring professional development and high-quality output.

Person specification:

Knowledge and experience
  • We are looking for candidates with demonstrable strategic financial leadership spanning organisational planning, budgeting, risk, and reporting.
  • You must be a fully qualified accountant (ACCA, ACA, OR CIMA).
  • Excellent knowledge of charity financial management, SORP, and audit is essential.
  • Experience of effective budget setting and implementing controls and processes to manage and monitoring budgets.
  • Firm understanding of risk management.
  • Experience of improving policies and processes in comparable organisations.
  • Success in delivering increased cost effectiveness.
  • Evidence of building financial impact and performance metrics and reporting.
  • Understanding of the requirements of legislation, Charity Commission and professional body guidance on being a well-run and financially accountable Charity.
  • Considerable experience of management and development of staff.
Skills, abilities, and behaviours
  • A strategic thinker with the ability to see the bigger picture and make decisions in line with the charity’s needs as part of a team.
  • Strong change management skills with experience of managing teams through change.
  • Excellent written and verbal communication skills, including the ability to interpret and communicate financial information to a non-specialist audience.
  • Strong organisational development skills, able to identify and act on opportunities to drive performance in business.
  • Experience of the charity or not-for-profit environment (this could be gained as a trustee), preferably with some understanding of charity funding and investment management.
  • Collaborative working style with excellent written and verbal communication skills.
  • Resilient with a flexible, creative and solutions-focused approach to problem-solving.

Head of Finance in Southampton employer: Southampton Hospitals Charity

As a leading charity, we pride ourselves on fostering a supportive and inclusive work culture that empowers our employees to make a meaningful impact in the community. The Head of Finance role offers exceptional opportunities for professional growth, with access to continuous training and development, while working alongside passionate individuals dedicated to our mission. Located in a vibrant area, our organisation not only values financial excellence but also prioritises employee well-being and collaboration, making it an ideal place for those seeking a rewarding career in the charitable sector.
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Contact Detail:

Southampton Hospitals Charity Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Finance in Southampton

✨Tip Number 1

Network like a pro! Reach out to your connections in the charity sector and let them know you're on the hunt for a Head of Finance role. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of charity financial management and SORP. Be ready to discuss how you've successfully managed budgets and improved financial processes in previous roles. Show them you’re the strategic thinker they need!

✨Tip Number 3

Don’t just apply anywhere; focus on charities that align with your values and mission. Tailor your approach to each organisation, highlighting how your experience can help them achieve their financial goals. We want to see your passion shine through!

✨Tip Number 4

Finally, make sure to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the extra step to connect with us directly.

We think you need these skills to ace Head of Finance in Southampton

Financial Management
Budgeting
Audit Management
Statutory Accounts Production
Internal Financial Controls
Risk Management
Payroll Management
Pensions Administration
Charity SORP Knowledge
Strategic Financial Leadership
Communication Skills
Change Management
Organisational Development
Team Management
Collaborative Working

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Head of Finance role. Highlight your experience in financial management, budgeting, and strategic planning. We want to see how your skills align with our charity's needs!

Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of your past achievements in finance and how they relate to the responsibilities outlined in the job description. Let your personality shine through!

Showcase Your Leadership Skills: As a key member of our senior management team, we need to see your leadership experience. Include details about how you've managed teams, improved processes, or contributed to strategic decisions in previous roles.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!

How to prepare for a job interview at Southampton Hospitals Charity

✨Know Your Numbers

As the Head of Finance, you'll need to demonstrate a solid grasp of financial metrics and reporting. Brush up on key financial statements, budgeting processes, and charity-specific regulations like SORP. Be ready to discuss how you've used these in past roles to drive strategic decisions.

✨Showcase Your Leadership Skills

This role involves managing a team, so be prepared to share examples of how you've successfully led finance teams in the past. Highlight your experience in mentoring staff, improving processes, and fostering a collaborative environment. They’ll want to see your ability to inspire and develop others.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving skills and strategic thinking. Think about potential financial risks the charity might face and how you would mitigate them. Prepare specific examples from your experience where you've navigated similar challenges successfully.

✨Communicate Financial Concepts Clearly

You'll need to explain complex financial information to non-financial stakeholders. Practice simplifying financial jargon into clear, relatable terms. Consider how you can make financial performance accessible to all team members, as this will be crucial in your role.

Head of Finance in Southampton
Southampton Hospitals Charity
Location: Southampton

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