Financial Operations Specialist
1 week ago
We are seeking a highly skilled Financial Operations Specialist to join our team at Reed. As a key member of our finance department, you will be responsible for managing budgets, payroll, accountancy, bookkeeping, and reporting.
Key Responsibilities- Financial Planning and Analysis
- Collaborate with the Director of Operations to provide monthly budget updates to stakeholders and advise on budget-related matters.
- Monitor the budget throughout the year, reconcile income and expenditure, and produce budgetary forecast reports.
- Payroll and Benefits Administration
- Manage payroll, calculate salaries, statutory payments, and ensure accurate data input for monthly salaries, pension payments, and HM Revenue and National Insurance contributions.
- Financial Record-Keeping and Reporting
- Handle all income and expenditure processing via Xero and maintain bookkeeping processes, including bank and credit card reconciliations.
- Produce regular management information for the Leadership Team and trustees, prepare statutory accounts for the year-end audit, and liaise with auditors.
- Work with external business services to provide monthly management financial information, including management accounts and cash flow forecasts.
- Compliance and Governance
- File annual returns to the Charity Commission and assist with VAT accounting and payment submissions.
- Support the review and update of financial regulations and policies annually.
- Experience and Qualifications
- Experience with monthly payroll and pensions processes.
- Regular transactional bookkeeping, postings, bank reconciliations, and journals.
- AAT Advanced Diploma in Accounting (Level 3) or equivalent, or qualified by experience.
- Technical Skills
- Intermediate to advanced user of spreadsheet/database software (Google Workspace experience is a plus).
- Knowledge of Xero or similar accountancy software.
- Personal Qualities
- Excellent data collection and analysis skills.
- Highly organised, with the ability to maintain multiple activities in parallel.
- Good literacy, numeracy, and IT skills.
- Ability to meet deadlines and work calmly under pressure.
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