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- Tasks: Manage finances, budgets, and forecasts for a community benefit society.
- Company: Join Ynni Teg Cyf., a pioneering community energy organisation in Wales.
- Benefits: Flexible part-time hours, hybrid working, and competitive salary.
- Why this job: Make a real difference in community energy while developing your finance skills.
- Qualifications: Experience in financial management and strong analytical skills required.
- Other info: Supportive team environment with opportunities for professional growth.
The predicted salary is between 18000 - 18000 £ per year.
Responsible to: Executive Director & Board of Directors
Reporting to: Executive Director
Working hours: Part time 15 hrs per week, flexible working arrangements.
Starting salary: £18,000 p.a. basic. (Pro-rata for FTE @ £45,000)
Location: Hybrid working - home-based, with occasional attendance at shared office workspaces or other meeting venues.
The Finance Manager's role is to oversee and help maintain the financial health of the Society. Ynni Teg Cyf. (Fair Energy Ltd), is a community benefit society, based in Wales. We are a pan Wales developer of community-owned clean energy infrastructure, our mission being to enable communities to take greater control of our energy for a more resilient Wales. Our profits are used to meet our social objectives and we are expanding our commercial activities with the aim of doubling our turnover over the next 5 years.
We are seeking to expand our commercial activities and double our turnover over the next 5 years. We are now seeking an experienced, suitably qualified Finance Manager to strengthen the business. Working closely with the Executive Director and Treasurer and liaising with our service providers, the role will involve:
- Monitoring and controlling our operational costs
- Overseeing day-to-day financial processes
- Preparing forecasts, financial models and reports
- Analysing new investment opportunities
- Ensuring regulatory compliance
The postholder may also be obliged to undertake other tasks, as reasonably requested, to support the Society's operations and the Ynni Teg Board. The Society has contracted bookkeeper/accountancy services from Sharenergy Coop, which also provides company secretarial services and administration of shareholdings, and with another company as our payroll and pension administrator. We also have a call-off service agreement with Bevan Buckland LLP for advice on tax and investments.
The postholder will be supported to work from home and at our co-working spaces and provided with suitable IT equipment and a mobile phone. They will be expected to be in regular and frequent contact with the ED and senior team members and will be required to attend occasional in-person meetings with the ED or the staff team at our co-working spaces or other venues in Wales.
Please note that applicants for the post will not require a working knowledge of the energy sector or community energy specifically, and that support will be available to help the postholder gain sufficient understanding of the energy sector for the purpose of undertaking the role.
Key Responsibilities:
- Financial Management: Budgeting, Financial Control and Reporting: Developing and managing annual budgets, monitoring expenditures and cashflow against the budget. Preparing financial reports for executive, senior staff and Board review.
- Financial Analysis and Forecasting: Analysing the Society's financial performance to identify trends, variances, risks, and areas for improvement; work with the Executive Director and Treasurer to provide financial forecasts and insights to aid strategic decision making.
- Investments: Supporting the Executive Director and the board with appraisal of prospective new investments, due diligence activities, securing finance, and preparation of share offers.
- Accounting, Bookkeeping and Payroll: Oversee the services provided by the Society's bookkeepers, accountants and payroll providers with regard to the management of the day-to-day financial records, transactions.
Finance Manager - Part Time in Newport employer: YnNi Teg
Contact Detail:
YnNi Teg Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager - Part Time in Newport
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector and let them know you're on the lookout for opportunities. You never know who might have a lead or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its mission. For a role like Finance Manager at Ynni Teg, understanding their community-focused approach will help you stand out and show you're genuinely interested.
✨Tip Number 3
Practice your financial analysis skills! Be ready to discuss how you've managed budgets and forecasts in the past. Use real examples to demonstrate your expertise and how you can contribute to the Society's goals.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're serious about joining the team at Ynni Teg.
We think you need these skills to ace Finance Manager - Part Time in Newport
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Manager role. Highlight relevant experience in financial management, budgeting, and reporting. We want to see how your skills align with our mission at Ynni Teg Cyf.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about community energy and how your background makes you a great fit for us. Keep it concise but impactful!
Showcase Your Analytical Skills: Since the role involves financial analysis and forecasting, be sure to mention any specific tools or methodologies you’ve used in the past. We love seeing candidates who can bring insights to the table!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at YnNi Teg
✨Know Your Numbers
As a Finance Manager, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've managed budgets and forecasts in the past. Prepare examples that showcase your ability to analyse financial performance and identify trends.
✨Understand the Mission
Familiarise yourself with Ynni Teg Cyf.'s mission and values. Show genuine interest in community benefit societies and how they operate. This will not only help you connect with the interviewers but also allow you to align your financial strategies with their social objectives.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific financial challenges or investment opportunities. Think through potential scenarios related to budgeting, cash flow management, or financial reporting, and prepare structured responses that highlight your problem-solving skills.
✨Ask Insightful Questions
At the end of the interview, have a few thoughtful questions ready. Inquire about the Society's future financial goals or how they measure success in their community projects. This shows your enthusiasm for the role and helps you gauge if the position aligns with your career aspirations.
