Finance Director

4 weeks ago

York, United Kingdom York Theatre Royal Full time

Please see application pack at for more details including full Job Description and apply on our website . Closing date 30th of June 2024 with interviews taking place week commencing 8th of July 2024.

Purpose of the role:

The Finance Director is responsible for York Citizens' Theatre Trust's financial management at both a strategic and operational level, ensuring financial systems are appropriate for the efficient and effective operation of the York Theatre Royal. They will provide sound financial information and advice to support the financial stability of the organisation.

The Finance Director will lead the finance function to ensure the timely and accurate production of financial and business information for partners and key stakeholders.

The Finance Director will will lead on business compliance in the following areas:-

  • Finance
  • Internal Control
  • Treasury and cash flow management
  • Risk management
  • Statutory reporting

The Finance Director also acts as Company Secretary and will service the Finance, Capital and Audit Committee, Enterprises Board, and co-ordinate all reporting to Full Board. The Finance Director will jointly service the Personnel and Governance Committee. The role will also be the key contact for the external audit partners.

Main Responsibilities:

Strategic

To lead the preparation of annual and long-term financial plans, both revenue and capital, ensuring they underpin the YCTT’s Business Plans.

To work with other department heads to identify opportunities to create new revenue streams and lead, or support as appropriate, in the development of the business cases to secure new investment.

Alongside the Chief Executive, to actively seek out both savings and revenue streams to ensure the organisation is operating as efficiently as possible.

To support York Theatre Royal’s obligations and aims in fulfilling it’s charitable objectives.

People

To lead and develop skills in the Finance team to build their professional knowledge and deliver excellence in relation to timely and accurate information and outputs.

To actively build business partnering relationships at all levels within the organisation and the Finance team to facilitate informed decision-making at all levels.

To ensure appropriate financial support is provided to projects, productions and departments as required.

Financial and Operational

To lead the sound financial operations of the organisation.

To lead planning, implementing, managing and the control of all finance related activities including the development and review of strategies, policies and procedures relating to finance.

To lead accounting, finance, and business forecasting.

To lead on the annual audit, statutory reporting & accounts preparation.

To support the Chief Executive in strategic financial planning.

To undertake negotiations with key suppliers including the management of banking relationships.

To ensure transparency and accuracy over the financial performance of the company.

To ensure effective internal controls are in place and compliance with GAAP and applicable regulatory legislation for financial and tax reporting.

To provide strategic recommendations to enhance management reporting, financial performance, and new business opportunities.

To prepare rolling forecasts and effectively manage the organisation’s cash flow and reserves and ensure compliance with the Treasury Management Policies and procedures.

To advise Trustees on treasury management, investment strategies by considering cash and liquidity risks.

To ensure that the Theatre is compliant with all laws and statutes relating to finance, taxation, and business administration.

To be the key contact for YCTT’s insurance brokers and ensure they offer good value for money.

Governance

To act as Company Secretary in ensuring good practice is maintained and latest Charity Commission guidance is noted and taken account of where appropriate, including timely submission of audited statutory accounts and annual returns to Charity Commission and Companies House.

To prepare quarterly and annual returns and submit to Arts Council England.

To lead the relationship between Enterprises and Finance, Capital and Audit Committees and the external auditors.

To manage the compliance and statutory requirements in relation to YTR’s subsidiaries

To ensure compliance with the law and Company’s policies in relation to all financial and business administration matters

Working with SMT to support the management of YCTT’s organisation-wide risk register and advise on and support the implementation of appropriate systems and reporting arrangements to mitigate the risks identified.

Job Requirements

Essential

Qualifications: recognised CCAB (ICAEW, ACCA, CIPFA, ICAS & CAI) or CIMA membership

At least 5 years' experience working in a senior finance role

Experience in Sage Line 50 Accounts, Microsoft Excel and other Business reporting and modelling tools

A sound grasp of business management, including demonstrable skills in risk analysis, forecasting and problem solving and the ability to interpret and communicate financial information

A forensic eye for detail, credibility and absolute discretion

Excellent oral and written communication, time-management and organisational skills

Ability to work collaboratively and to connect and work in partnership with others internally and externally

An excellent facilitator and natural negotiator, adept at exploring new opportunities and developing contacts

Ambition and enthusiasm to develop the department to meet the needs of an evolving organisation

Experience of leading and developing teams

Desirable

Experience of preparing accounts within the Charities SORP framework

Job Types: Full-time, Permanent

Pay: £50,000.00 per year

Schedule:

  • Monday to Friday

Work Location: In person

Application deadline: 30/06/2024

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