At a Glance
- Tasks: Lead the finance team and manage financial planning for the Hospice.
- Company: A compassionate hospice dedicated to providing exceptional care.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity for personal growth and to contribute to a vital community service.
- Why this job: Make a meaningful impact while leading a passionate finance team.
- Qualifications: Strong financial management skills and leadership experience required.
The predicted salary is between 51750 - 63250 £ per year.
- Role Purpose
- To lead and develop the finance team.
- Manage the financial planning for the Hospice including preparation for the rolling three-year business plan, annual budgets, regular financial forecasts and financial modelling ensuring that key assumptions in the plans are timely, accurate and effectively communicated.
- Work with the SLT to provide support with budgeting and financial management of their portfolios.
- To build effective and trusted collaborations, relationships and partnerships to enhance the hospice service.
- To encourage innovation whilst managing risk.
- Main Responsibilities
- Financial Management and Reporting
- Arrange and manage suitable financial and associated systems to enable sound financial recording and reporting.
- Ensure that timely and accurate management accounts are prepared and effectively communicated to the COO, SLT and Trustees.
- Ensure accurate VAT, Gift Aid and Corporation Tax claims and returns are submitted in a timely manner.
- Prepare the financial information and advice for decision making and support the SLT and Trustees with appropriate financial information.
- Prepare the annual financial statements in accordance with legal requirements including Charity requirements, statements of recommended practice (SORP) and policies.
- Manage all necessary elements of payroll and pensions, coordinating with the people and culture team and external providers.
- Manage the asset register for depreciation accounting.
- Check and approve regular payments via on-line banking.
- Analyse, investigate and report on financial and system anomalies or issues.
- Create and implement a process for selecting and collating Key Performance Indicator's to measure performance as required by the Trustees.
- Manage and regularly review procurement processes including service contracts to maintain value for money and efficient working.
- Investment and Cash Management
- Manage the short, medium and long term cash flows of Tapping House ensuring the most effective investment approach balanced with the operational cash requirements.
- Manage banking arrangements and signatories.
- Work with the Finance and Investment Committee.
- Governance, Risk and Compliance
- Review, implement and manage internal financial controls to ensure a robust and sound control environment is maintained including liaison with external auditors.
- Prepare for and co-ordinate the annual financial audits and arrange the appointment of auditors.
- Support the Chief Operating Officer in ensuring all financial regulatory and statutory documentation is completed and submitted in accordance with legal requirements.
- Co-ordinate the Finance Department's risk register, mitigating locally where possible. Alert the SLT and Trustees of high risk.
- Work with the SLT to develop action plans to reduce identified risks.
- Leadership and Management
- Provide strategic leadership to the finance team, ensuring that through effective and supportive management and robust organisational structures, they are focused and committed to delivering excellent performance in line with Hospice Vision and Values.
- Lead the on-going development of your staff through the appraisal and supervision process to ensure their potential is realised, including identifying and addressing development and training needs, monitoring workloads and proactively managing change.
- Strategic Vision and Planning
- In conjunction with the SLT and Trustees, contribute to the process for determining the strategic direction of the Hospice and through development, cascade of strategy and business plans, ensure delivery of key objectives, considering both internal and external influences.
- Highest Standards of Service Delivery
- Represent the Hospice with the wider hospice community and with other groups as required.
- Professional Development, Education & Training
- Take responsibility for ensuring personal and team attendance at mandatory training.
- Participate in the developing hospice educational programme by attending in- house study days and courses required.
- Take responsibility for self and team development.
- Identify training and education needs.
- Act as a role model for team members and participate in staff development initiatives as appropriate.
Head of Finance in King's Lynn employer: Tapping House
At Tapping House, we pride ourselves on being an exceptional employer, offering a supportive and compassionate work environment for our Hospice Kitchen Assistants. Our team enjoys flexible working hours, opportunities for professional development, and the chance to make a meaningful impact in the lives of patients and their families. Located in a serene setting, we foster a culture of teamwork and respect, ensuring that every employee feels valued and empowered in their role.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Finance in King's Lynn
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Tapping House. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Head of Finance in King's Lynn
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Tapping House.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Tapping House's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Tapping House
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Tapping House.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Tapping House will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Tapping House employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
