Head of Finance

1 week ago


Bath, Bath and North East Somerset, United Kingdom Reed Full time

We are looking for a talented individual to join our team as the Head of Finance at our company.

Hours: 15 hours per week (0.4 FTE)

Salary: £50,000 per annum pro rata

Strategic and Operational Accountabilities:

  • Collaborate with the COO to manage the finances of the charity and Trading subsidiary and prepare accurate management accounts for both entities.
  • Contribute effectively to the Finance, Audit & Investment Committee and the quarterly Board of Directors meetings.
  • Support the team in understanding their budgets and effective budget management.
  • Assist in fundraising applications and monitoring reports, participating in shaping and executing the organization's vision and strategic plan.

Key Tasks:

  • Prepare quarterly management accounts, including cashflows.
  • Manage the annual audit process and engage with Auditors.
  • Coordinate and finalize the annual Director's Report & Financial Statements.
  • Develop the annual budget alongside the Directors.
  • Supervise cash balances.
  • Handle quarterly VAT returns.
  • Supervise the Tax Relief scheme.
  • Submit gift aid claims as required.
  • Engage with external stakeholders such as Banks, Investment Managers, and payroll provider.
  • Provide guidance and mentorship to the Finance Assistant.
  • Fulfill Company Secretarial duties, including submission of annual returns to the Charity Commission and Companies House.

Person Specification:

  • Possess a formal accounting qualification.
  • Demonstrated experience in a similar role within the charity sector.
  • Thorough understanding and practical experience of charity accounting, reporting, and regulations.
  • Proficient in working with Sage accounting systems.
  • Competent in Charity VAT procedures.
  • Familiar with Gift Aid processes.
  • Experience in reporting to Trustee boards, including non-financially literate members.

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