Director of Finance. Salary £60,000pa ( fte £75,00.00pa).
Reports to
Chief Executive Officer (CEO)
Direct Reports
Finance & Systems Manager, Bookkeeper.
Location
Days /Hours: 4 days a week, flexible hours between 9am and 6pm
Hybrid currently, two days in the Hammersmith office.
Role Purpose
We are seeking an experienced, commercially astute and forward-thinking Director of Finance to provide strategic leadership of the organisation's financial management, planning and governance. This is a pivotal executive leadership role responsible for ensuring financial sustainability, supporting organisational growth, driving operational excellence, and enabling the charity to maximise its impact.
The successful candidate will be a qualified finance professional (or qualified by experience) with extensive experience of financial leadership, budgeting, forecasting, financial control, and strategic planning. They will bring a proactive and innovative approach to financial management, identifying opportunities for organisational development, efficiency, improvement, and sustainable growth.
Ideally, candidates will have experience within the charity, not-for-profit or public sector environment and possess a strong understanding of charity accounting, governance and regulatory compliance.
Key Responsibilities
Strategic Financial Leadership
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Develop and implement the organisation's financial strategy in support of the overall strategic plan and charitable objectives.
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Act as a trusted adviser to the CEO, Senior Leadership Team, and Board of Trustees.
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Provide high-quality financial insights and analysis to inform strategic decision-making.
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Lead the development of long-term financial models and sustainability plans.
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Support the organisation in identifying and evaluating new systems to support sustainable growth opportunities.
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Monitor internal and external financial risks and opportunities, advising on appropriate mitigation strategies.
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Contribute fully as a member of the Senior Leadership Team.
Financial Planning, Budgeting and Forecasting
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Lead the annual budgeting process across the charity. Departments include Operational Services, Fundraising, and HR.
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Develop robust financial forecasting and scenario planning models.
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Ensure budgets align with strategic priorities and operational plans.
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Continually monitor financial performance against budgets and forecasts.
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Provide financial reports and recommendations to budget holders and senior leaders and Board of Trustee’s.
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Drive accountability for budget management throughout the organisation.
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Lead financial planning associated with new projects, tenders, contracts, and fundraising initiatives.
Financial Control and Governance
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Ensure strong financial controls, policies and procedures are in place, reviewed and consistently applied.
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Maintain a robust framework of internal controls and risk management processes.
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Ensure compliance with all relevant accounting standards, charity regulations and statutory requirements.
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Oversee cash flow management and provide the CEO with insight into areas of concern with suggested improvements.
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Monitor financial risks and implement appropriate controls.
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Ensure accurate financial records and effective financial systems are produced and maintained.
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Lead the development and continuous improvement of financial governance processes.
Financial Reporting
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Ensure the timely production of monthly management accounts and performance reports.
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Provide detailed financial information and analysis to the Senior Leadership Team, CEO and Board of Trustees.
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Prepare statutory accounts in accordance with the Charities Statement of Recommended Practice (SORP) and relevant accounting standards.
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Lead relationships with external auditors and regulatory bodies.
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Present complex financial information in a clear and accessible manner for non-financial audiences.
Charity Compliance and Fund Management
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Ensure full compliance with Charity Commission requirements and relevant legislation.
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Oversee restricted, unrestricted, and designated fund accounting.
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Monitor grant funding, reporting requirements, and donor restrictions.
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Support contract management and funding compliance requirements.
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Ensure effective management of reserves in line with organisational policy.
Leadership and Team Development
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Lead, motivate, and develop a high-performing finance team.
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Foster a culture of accountability, continuous improvement.
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Support the professional development of finance staff, by annual appraisals and a personal development training plan.
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Promote collaborative communication and working across departments.
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Ensure the finance function is viewed as a strategic partner to the wider organisation.
Systems and Continuous Improvement
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Drive the development and optimisation of financial systems and processes.
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Lead digital transformation initiatives within finance.
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Identify efficiencies and opportunities to improve financial reporting and decision-making.
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Ensure data integrity and robust financial information management.
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Champion innovation and best practice across financial operations.
Person Specification
Essential Qualifications
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Fully qualified accountants (ACA, ACCA, CIMA or CIPFA).
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Evidence of continuing professional development.
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Evidence of qualification by experience
Essential Experience
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Significant senior financial leadership experience.
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Proven experience of strategic financial planning and organisational growth.
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Extensive experience developing and managing complex budgets.
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Strong track record of financial control, governance, and risk management.
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Experience leading annual budgeting, forecasting, and business planning processes.
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Experience presenting financial information to Boards and senior stakeholders.
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Experience managing audits and statutory reporting requirements.
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Experience leading and developing finance teams.
Desirable Experience
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Experience within the charity, not-for-profit or public sector.
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Knowledge of Charity SORP and charity accounting requirements.
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Experience working with trustees and governance structures.
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Experience managing grant-funded program’s and restricted funding.
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Experience supporting organisational transformation and growth.
Knowledge and Skills
Essential
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Exceptional budgeting, forecasting, and financial modelling skills.
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Strong commercial and strategic acumen.
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Excellent understanding of financial controls and governance frameworks.
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Advanced financial analysis and reporting capability.
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Strong leadership and people management skills.
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Excellent communication and stakeholder management skills.
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Ability to influence decision-making at executive and Board level.
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Strong problem-solving and decision-making abilities.
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High levels of integrity and professional judgement.
Desirable
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Knowledge of fundraising finance and charity funding models.
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Experience implementing finance systems and digital solutions.
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Understanding commissioning, contracts, and public sector funding.
Personal Attributes
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Strategic and forward-thinking.
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Commercially aware and growth focused.
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Influential and credible leader.
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Collaborative and supportive management style.
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Values-driven and committed to organisational purpose.
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Resilient and adaptable in a changing environment.
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Results-oriented with strong attention to detail.
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Passionate about enabling charitable impact through financial excellence.
Success Measures
Within the first 12 months the Director of Finance will:
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Deliver accurate and timely management information to support decision making.
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Strengthen financial planning and forecasting processes.
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Review of finance processes
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Discuss budgeting discipline and financial accountability across the organisation.
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Suggest ways where Finance can add value to the organisation
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Improve financial control and risk management frameworks.
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Support the organisation in achieving sustainable growth objectives.
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Ensure full compliance with charity and statutory requirements.
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Actively participate in the overall strategic modelling for the charity.
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Develop a proactive, high-performing finance function that adds strategic value across the organisation.
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Contact Details:
The Honeypot Children's Charity Recruitment Team