At a Glance
- Tasks: Lead financial planning and ensure compliance with legal and accounting standards.
- Company: Welshpool & Llanfair Light Railway Preservation Co, a charity dedicated to railway history.
- Benefits: Gain valuable experience in financial management while supporting a meaningful cause.
- Other info: Join a dedicated team and contribute to the future of railway preservation.
- Why this job: Make a real difference in preserving railway heritage and enhancing community education.
- Qualifications: Experience in finance and a passion for charitable work.
Welshpool & Llanfair Light Railway Preservation Co Limited is based in Llanfair Caereinion, Powys, United Kingdom. The charitable purpose is to advance the education of the public in the history and development of railway locomotion by the preservation of railway locomotives and/or rolling stock and/or historic railway lines.
Role Description
This is a volunteer role for a Financial Director and trustee. The role will ensure that the financial affairs of the Charity are conducted within legal requirements, accounting conventions and good practice and in conjunction with the General Manager to protect and enhance the financial wellbeing of the Charity.
Reports to Board of Trustees
Major Accountabilities:
- To lead in developing financial plans for the Charity with income and expenditure goals which are attainable within the resources available to the Charity.
- To ensure that the Board is aware of its financial responsibilities and options available.
- To ensure suitable systems for budgeting, financial control, risk management, insurance, and accounting records are in place.
- To assist the external accountants with processing more complex transactions, recording capex, raising prepayments and accruals at month‑ends and to work with them to ensure compliance with HMRC requirements as appropriate.
- To keep Trustees informed about Charity's finances by written report, at least on a quarterly basis.
- To communicate with relevant department heads and other staff so as to maintain a clear picture of the financial health of the organisation.
- To work with the Charity’s external accountants and auditor/independent examiner to meet external reporting requirements, including grant reporting and the annual financial report to members.
- To know, abide by and promote the Charity’s values, policies and objectives, including to external parties.
- To support appropriate communication between the Board and staff, members and stakeholders.
For a candidate pack please email chairman@wllr.org.uk
Financial Director in Welshpool employer: Welshpool & Llanfair Light Railway Preservation Co Limited
Welshpool & Llanfair Light Railway Preservation Co Limited is an exceptional employer, offering a unique opportunity to contribute to the preservation of railway history while working in a supportive and collaborative environment. As a volunteer Financial Director, you will play a crucial role in shaping the financial future of the charity, with opportunities for personal growth and development within a passionate team dedicated to educational outreach and community engagement in Llanfair Caereinion.
Contact Details:
Welshpool & Llanfair Light Railway Preservation Co Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Financial Director in Welshpool
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with others who share your passion for finance and charity work. You never know who might have a lead on that perfect role!
✨Tip Number 2
Show off your skills! Prepare a portfolio or presentation that highlights your financial expertise and how it can benefit the charity. This will help you stand out during interviews and discussions.
✨Tip Number 3
Be proactive! Don’t just wait for job openings to pop up. Reach out directly to organisations you admire, like Welshpool & Llanfair Light Railway, and express your interest in contributing as a Financial Director.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage with us directly.
We think you need these skills to ace Financial Director in Welshpool
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your application to highlight how your skills and experiences align with the role of Financial Director. We want to see how you can contribute to our mission, so don’t hold back on showcasing your relevant expertise!
Be Clear and Concise:When writing your application, keep it straightforward and to the point. We appreciate clarity, so avoid jargon and make sure your key points stand out. This helps us quickly understand your qualifications and fit for the role.
Show Your Passion:Let your enthusiasm for the charity’s mission shine through in your application. We’re looking for someone who genuinely cares about preserving railway history and education, so share why this role excites you!
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it makes the whole process smoother for everyone involved.
How to prepare for a job interview at Welshpool & Llanfair Light Railway Preservation Co Limited
✨Know Your Numbers
As a Financial Director, you’ll need to demonstrate a solid grasp of financial principles. Brush up on key financial metrics and be ready to discuss how you've applied them in previous roles. This shows your expertise and helps build trust with the Board.
✨Understand the Charity's Mission
Familiarise yourself with the Welshpool & Llanfair Light Railway Preservation Co Limited’s mission and values. Be prepared to explain how your financial strategies can support their charitable goals. This will show that you’re not just about numbers but also care about the organisation's purpose.
✨Prepare for Scenario Questions
Expect questions about how you would handle specific financial challenges or decisions. Think of examples from your past experience where you successfully navigated similar situations. This will help you showcase your problem-solving skills and strategic thinking.
✨Communicate Clearly
Since you'll be reporting to the Board and communicating with various stakeholders, practice explaining complex financial concepts in simple terms. Clear communication is key to ensuring everyone understands the financial health of the charity.
