Director of Finance and Governance

2 weeks ago

Old Street, United Kingdom NZF Full time
Are you ready to make a significant impact and help shape the future of National Zakat Foundation?
We’re looking for a dynamic and experienced leader to assume the role of Director of Finance and Governance.
This is your opportunity to be at the heart of NZF, driving our financial strategy and ensuring robust governance that aligns with our mission to empower the UK’s Muslim community.
As part of our senior leadership team, you’ll play a pivotal role in guiding NZF towards its strategic goals with financial integrity, outstanding governance, and effective resource management.
Your work will be crucial in ensuring we continue delivering impactful programs that transform lives.
Director of Finance and Governance Role description:
Financial Strategy and Leadership
* Develop and implement financial strategies aligned with the Charity's Mission and strategic goals.
* Oversee all financial activities, including leading the finance team with the preparation of financial reports, income statements, balance sheets, budget reports and financial forecasts.
* Maximise resource utilisation of charity funds, enhance organisational effectiveness, and support financial sustainability initiatives.
* Guide decision-making and resource allocation through robust financial analysis. Provide financial advice, as required, to the Board, the CEO, Directors and other staff, ensuring it is suitably presented for ease of understanding.
* Ensure the development and adherence to financial policies and procedures.
* Oversee audits and the development of the annual report.
* Manage financial forecasting, recommend and implement the Charity's investment strategy.
* Partner with functional leads to empower them with guidance and resources for achieving short and long-term goals.
* Maintain financial controls to ensure the Charity meets its objectives within agreed financial parameters.
* Foster a culture of excellence in performance and ongoing improvement, ensuring that Key Performance Indicators targets are achieved.
Governance and Risk Management
* Ensure sound financial management and effective compliance within accounting and legal standards.
* Lead on the Charities risk management strategy and framework for NZF, ensuring an effective framework that covers al departments to mitigate any risks affecting the Charity.
* To contribute and lead on the development of effective policies and efficient systems, controls and procedures for al matters relating to Finance, Governance and Risk Management.
* Act as Company Secretary, ensuring that the organisation complies with corporate governance requirements. Ensure compliance with the Charity’s Regulators’ including HMRC, the Charity Commission, Companies House and The Pension’s Regulator.
* Support the Board of Trustees and sub-committees or advisory groups in fulfilling their legal duties and responsibilities.
* Prepare and make recommendations on decision papers for the CEO and Board and Sub Committees.
* Facilitate effective communication and engagement with donors, partners, auditors, banks and other financial institutions and regulators of the Charity.
* Ensure appropriate legal support to the organisation, seeking advice where appropriate and lead on action to ensure compliance with relevant legislation and work to best practice.
* The role will encompass the strategic oversight of data protection and compliance for NZF, acting as the Data Protection Officer (DPO) to ensure adherence to al relevant data protection laws and regulations.
* Within governance is oversight of al governance pertaining to HR, including HR frameworks, policies and procedures.
* You will undertake any other duties and tasks requested by CEO commensurate with the role
Approach
* Keep up to date with best practice in financial, governance and risk management.
* Understand and support the vision, mission, and values of NZF.
* Develop and maintain detailed knowledge and information on NZF funds and priority areas.
* Adhere to and champion NZF’s policy and practices on safeguarding.
* Promote effective and clear internal and external communications.
* Ensure the approach is coordinated with key stakeholders across the organisation.
Relationships and Stakeholders
* Line management and development responsibility for the finance, people and business support staff.
* CEO, Board members, Directors, Heads and other staff across the organisation.
* External consultants, auditors, regulatory bodies, freelancers, stakeholders, and partner
To access the job pack for further information: please go to the company website and click on vacancies tab for more information

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