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Head of Financial Operations
2 months ago
About Us:
Spark2Life is a community-driven charity dedicated to empowering young people and promoting life. With a strong presence in London, Kent, and Buckinghamshire, we strive to reduce harm and promote life through our programs and services.
Our Mission:
We aim to prevent harm and promote life by reducing violence affecting young people, racial disproportionality within the Criminal Justice System, and school exclusions. Our goal is to equip young people with the tools to navigate life successfully and increase their resilience.
The Role:
We are seeking an experienced Head of Financial Operations to join our team. As a key member of our Executive Team, you will lead all aspects of our finance function to achieve our organizational goals. You will provide strategic financial support to our team and ensure the effective management of our financial planning cycles, governance, and management reporting processes.
Responsibilities:
- Lead, manage, and improve our finance function, providing accurate, timely, and relevant reports as required by our CEO, Executive Team, and Board of Trustees.
- Ensure the provision and reporting of financial accounts, forecasting, and project/programme budgets, development plans, and associated reporting.
- Oversight of legal and financial statutory processes in line with the Charity Commission and Companies House requirements, including the Annual Audit.
- Ensure that agreed recommendations of internal and external auditors are implemented and effective arrangements are in place for an unqualified and on-time Auditor's report.
- Monitor cash flows, reserves, analysis of performance against our annual business plan, and dashboard as it relates to the finance function.
- Assess the risk profile of new fundraising, partnership, and new income opportunities, particularly earned income and public sector contracts.
- Develop and maintain financial models and forecasts on an ongoing basis, considering our fundraising pipeline.
- Undertake month-end reconciliations across all entities.
- Prepare consolidated management accounts.
Requirements:
- Significant experience in preparing management and accounts, and management information.
- Experience of working with charity accounts, including knowledge of restricted and unrestricted funding.
- Experience of preparing complex budgets, forecasts, and management accounts.
- Experience of managing surplus funds and undertaking treasury management in accordance with our Board's policy.
- Experience of managing external audit and preparation of financial statements under Charities SORP (FRS102).
- First-class Excel and modelling skills and experience of using Google Sheets.
- Previous experience of using QuickBooks.
- Familiarity with relevant tax laws, financial regulations, and reporting requirements (especially Gift Aid) in the UK.
- Knowledge of aspects of taxation, including VAT and payroll.
- Experience of managing budgets and reporting to funders.
- Successful track record of building and maintaining good relationships with finance service-users, internal and external, at all levels.
Qualifications:
- UK Professional finance qualification (ACA/ACCA/CIMA/AAT or equivalent).
- Evidence of recent continuing professional development in a professional area relevant to the post would be desirable.
