At a Glance
- Tasks: Lead financial operations and strategy for our charity.
- Company: Join a mission-driven organization focused on making a positive impact.
- Benefits: Enjoy competitive salary, flexible work options, and a supportive team culture.
- Why this job: Make a real difference while enhancing your leadership skills in finance.
- Qualifications: Proven experience in finance leadership roles is essential.
- Other info: This role is crucial for driving our charity's financial sustainability.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
Overview
We are seeking a highly skilled and experienced Head of Finance or equivalent to lead our financial operations and strategy. This pivotal role will provide strategic leadership and oversight on all financial related activities to support the charity in meeting its overall ambitions and strategic objectives, driving improvements in financial performance, efficiency and sustainability, achieving the highest levels of financial management practice and control, and ensuring all statutory financial responsibilities and reporting requirements are met.
Reporting directly to the Chief Executive, working as a corporate member of the Senior Leadership Team (SLT) and closely with Trustees providing expert financial advice and taking a leading role for:
- Long-term financial planning.
- The annual and rolling budget setting process and in-year financial reporting of performance against budget and targets.
- Evaluation of the financial impact, profitability and consequences of new service commissions or proposals, capital projects, business transformation and other initiatives.
- Production of the statutory accounts and compliance with statutory reporting requirements.
- Design, implementation and maintenance of the financial control environment including financial policies, procedures and the delegations of financial authority.
- The modernization, procurement and operation of finance systems and related IT and/or third party arrangements.
- Treasury management arrangements.
- Development of finance staff and providing finance training to service leads and others
- Effective mitigation of financially related risks.
- Value for money and taxation efficiency.
- Working with our external IT service providers on the management of the charitys IT strategy, regarding both systems and assets.
- Delivering against the financial requirements of the board.
- Ensure Supportability can demonstrate best practice financial management and control and ensuring integrity in the conduct of its financial business.
- Support the Chief Executive and SLT in the development of the business strategy, operational plans and implementing policies to support and enhance business performance.
- Support the Chief Executive and SLT in the analysis of market opportunities and risks including sharing of skills and assets, partnerships and competitors.
- Provision of timely, accurate and relevant financial information and reports to the Chief Executive and SLT, Board and Service Managers in accordance with reporting deadlines and forward work plans of the Committees and the Board.
- Compilation of Statutory Accounts within agreed timescales.
The post holder will be required to attend the Board; the Finance Committee; and any external events as appropriate.
Skills
- Experience in a similar role with a strong understanding of financial management principles.
- Excellent organisational skills with the ability to manage multiple priorities effectively.
- Proven leadership abilities with experience in managing teams and fostering a collaborative work environment.
- Strong knowledge of financial accounting practices and regulations.
- Exceptional analytical skills with a keen eye for detail to ensure accuracy in reporting and compliance.
- Excellent communication skills, both verbal and written, to convey complex financial information clearly to stakeholders at all levels.
- ACCA / AAT qualifications are desirable.
- Previous charity experience is desirable.
We invite qualified candidates who are passionate about finance and leadership to apply for this exciting opportunity to make a significant impact within our organisation.
A full recruitment pack and job description are available on our website.
Please apply with CV and covering letter detailing your suitability for the role.
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Head of Finance employer: Supportability
Contact Detail:
Supportability Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Finance
✨Tip Number 1
Make sure to showcase your leadership experience in finance during the interview. Highlight specific instances where you've successfully led financial teams or projects, as this role requires strong strategic oversight.
✨Tip Number 2
Familiarize yourself with the charity sector and its unique financial challenges. Being able to discuss how you can address these challenges will demonstrate your understanding and commitment to the organization's mission.
✨Tip Number 3
Prepare to discuss your approach to improving financial performance and efficiency. Have examples ready that illustrate how you've implemented successful financial strategies in previous roles.
✨Tip Number 4
Network with professionals in the charity sector before your interview. This can provide you with valuable insights and potentially useful contacts that may help you stand out as a candidate.
We think you need these skills to ace Head of Finance
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly understand the responsibilities and expectations of the Head of Finance position. Highlight your relevant experience in financial operations and strategy in your application.
Showcase Leadership Skills: Emphasize your leadership experience and ability to drive improvements in financial performance. Provide specific examples of how you've successfully led teams or projects in the past.
Align with the Charity's Mission: Research the charity's mission and values. Make sure to align your application with their goals, demonstrating how your financial expertise can support their strategic objectives.
Craft a Compelling Cover Letter: Write a tailored cover letter that not only outlines your qualifications but also conveys your passion for the charity sector. Explain why you are the ideal candidate for this role and how you can contribute to their success.
How to prepare for a job interview at Supportability
✨Understand the Charity's Mission
Before the interview, make sure you thoroughly understand the charity's mission and values. This will help you align your financial strategies with their overall goals and demonstrate your commitment to their cause.
✨Showcase Your Leadership Skills
As a Head of Finance, you'll need to lead a team effectively. Be prepared to discuss your leadership style and provide examples of how you've successfully managed teams in the past, particularly in challenging situations.
✨Prepare for Financial Strategy Questions
Expect questions about your approach to financial strategy and performance improvement. Be ready to share specific examples of how you've driven financial efficiency and sustainability in previous roles.
✨Demonstrate Your Analytical Skills
Highlight your analytical skills by discussing how you've used data to inform financial decisions. Prepare to talk about tools or methodologies you've employed to analyze financial performance and make strategic recommendations.