Finance and Monitoring Officer
5 days ago
Job Title: Finance and Monitoring Officer
Job Summary:
We are seeking a highly skilled Finance and Monitoring Officer to join our team at Initiative for Social Entrepreneurs. The successful candidate will be responsible for performing finance and bookkeeping functions, monitoring and preparing claims for external funders, and providing financial support to the management of iSE and its subsidiaries.
Key Responsibilities:
- Manage financial monitoring systems using Quickbooks, including Sales Ledger, Purchase Ledger, and Credit Control.
- Implement and manage risk working with contract managers within iSE.
- Use technology to improve finance efficiencies.
- Monitor contracts and report on any risk criteria to the management team.
- Liaise with external contractors as appropriate.
- Provide financial support for iSE as required by the external accountant.
- Undertake invoicing and monitoring activity as per contractual requirements.
- Ensure that required action is undertaken by Sub Contractors.
- Responsible for the full month-end close down, including all journal posting, balance sheet reconciliations, payroll reconciliations, and production of management accounts to present to the Board.
- Point of contact for HMRC, Company Pension Scheme, and the Office for National Statistics, including submission of VAT Returns, PAYE information, and any statutory requests.
- Preparing BACS supplier and Payroll payments.
- Keep the CEO fully aware of monitoring activity.
- Monitor and report on income and expenditure and case debtors when required.
- Bring serious concerns about service provision, including possible breaches of contract, to the immediate attention of the CEO.
- Participate in review meetings and forums held between iSE and Commissioners/Contract Managers.
- Attend internal management meetings, team meetings, and contract meetings when appropriate.
- Business Administration: business operations, including insurance.
- The Finance and Monitoring Officer is a senior role in the business and will be part of the General Management Team.
Requirements:
- Professional accountancy qualification.
- Strong analytical, administrative, and numerical skills.
- Solid foundation in accountancy skills.
- Communications and relationship management skills.
- Attention to detail.
Benefits:
- Free on-site parking.
- Company pension.
Working Arrangements:
- Monday to Friday.
Location: In person.
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