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- Tasks: Monitor finances, produce reports, and lead the Finance Team in a charity setting.
- Company: Join a dedicated charity making a real difference in the community.
- Benefits: Enjoy hybrid work options, flexible hours, and a supportive team environment.
- Why this job: Make an impact while developing your finance skills in a meaningful role.
- Qualifications: Must have managerial accounting experience and relevant degree or professional qualifications.
- Other info: Position offers a competitive salary and opportunities for personal growth.
Finance Manager
A high number of candidates may make applications for this position, so make sure to send your CV and application through as soon as possible.
Industry: Charity
Location: Newport, Isle of Wight ( may consider hybrid role, working from home up to two days per week)
Hours: 9am – 5pm
Days: 3 days per week ( at least one day in the office)
Duration: Permanent
Duties:
Monitor and analyse financial data to provide accurate and timely reports to Trustees, senior management, internal and external stakeholders.
Produce and present regular budget forecast reports, quarterly reforecasts, and cash flow forecasts including monthly review of reserves and bank balances is undertaken with results circulated.
Compile the annual budget, working alongside budget holders.
Lead year-end activity and closing the annual accounts in line with the charities’ deadlines and standards, liaise with external auditors.
Ensure the charity adheres to all governance relating to financial controls
Develop and implement financial policies and procedures to ensure compliance with internal and external regulations in addition to finding ways to reduce costs and increase profit.
Provide advice to support submission of tenders or contract/grant applications and final approval of budgets prior to tender submission.
Lead, manage, mentor, and develop the Finance Team, overseeing activities around payroll, accounts, debt, and tax functions.
Provide training to staff impacted by self-service or governing finance-related procedures.
Experience:
Must have previous accounting experience at managerial level including supervision of staff and managing financial operations.
Experience within the charity or knowledge of charity legislation is an advantage.
Must have relevant degree level qualifications or ACA/ ACCA/ CIMA/ CIPFA.
Must have a high level of computer literacy including Xero and Microsoft Office 360.
Must have strong analytical and numeracy skills, accuracy and attention to detail.
Must have a high level of organisational skills, be self-motivated and effectively manage workload to deadlines.
Must have excellent communication, presentation and relationship management skills.
Salary: £40 – 48,000 per annum, dependent upon experience, pro rata.
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Finance Manager employer: WP Recruitment
Contact Detail:
WP Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager
✨Tip Number 1
Network with professionals in the charity sector, especially those who have experience in finance roles. Attend local charity events or webinars to connect with potential colleagues and learn more about the specific challenges they face.
✨Tip Number 2
Familiarise yourself with the financial regulations and governance specific to charities. This knowledge will not only help you stand out but also demonstrate your commitment to the role and understanding of the sector.
✨Tip Number 3
Prepare to discuss your previous managerial experience in finance during the interview. Be ready to provide examples of how you've led teams, managed budgets, and implemented financial policies that improved efficiency.
✨Tip Number 4
Showcase your proficiency in Xero and Microsoft Office 360 by discussing specific projects where you used these tools effectively. Highlight any instances where your analytical skills led to significant financial insights or improvements.
We think you need these skills to ace Finance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your previous accounting experience, especially in managerial roles. Emphasise any experience you have within the charity sector and your familiarity with relevant legislation.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the duties listed in the job description. Mention your analytical skills, experience with budget forecasting, and ability to lead a finance team. Show your passion for the charity sector.
Highlight Relevant Qualifications: Clearly state your degree level qualifications and any professional certifications like ACA, ACCA, CIMA, or CIPFA. This will demonstrate your suitability for the role and your commitment to the finance profession.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. Ensure that all information is accurate and presented clearly, as attention to detail is crucial for this role.
How to prepare for a job interview at WP Recruitment
✨Know Your Numbers
As a Finance Manager, you'll need to demonstrate your strong analytical skills. Be prepared to discuss financial data you've worked with in the past, and how you used it to make informed decisions. Brush up on key financial metrics relevant to the charity sector.
✨Understand Charity Regulations
Familiarise yourself with charity legislation and governance. Being able to discuss how you ensure compliance with financial controls will show that you understand the unique challenges of working in the charity sector.
✨Showcase Leadership Skills
Since this role involves leading and mentoring a finance team, be ready to share examples of how you've successfully managed teams in the past. Highlight your approach to training staff and fostering a collaborative environment.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about situations where you've had to produce budget forecasts or manage year-end activities, and be ready to explain your thought process and outcomes.