Head of Finance

2 weeks ago


London, United Kingdom Youth Futures Foundation Full time

**HEAD OF FINANCE**
**OPERATIONS DIRECTORATE**

**Term**:Full Time Permanent - 37.5 hours per week / **Part time hours may be considered**

We offer flexible working and consider alternative patterns of work

**Salary**: £62,000 per annum

**Reporting to**:Director of Finance & Resources

**Direct reports**:Finance & IT Manager, Finance Officer Apprentice

**Location**:This role will be based at any of our Birmingham, Leeds or London hubs. We currently operate a hybrid model of two-days per week in the office and three-days from home. You must also be prepared to travel to the other hub locations requiring up to six overnight stays per year of 1-2 nights each.

**Transforming youth employment**

Youth Futures Foundation is an independent, not for profit organisation set up in 2019 with an endowment from the Reclaim Fund. We exist to tackle youth unemployment, finding effective ways to help young people find and keep good jobs. Young people facing discrimination and exclusion are disproportionately affected.

Youth Futures Foundation is committed to:

- Equipping young people from diverse backgrounds to find and progress in work
- Removing structural and systemic barriers to employment and progression

We are working to close the employment gap by:

- Building the evidence base
- Understanding and highlighting structural and systemic barriers
- Improving the quality of employment programmes for young people
- Empowering government to carry out evidence-based policy making
- Equipping employers to improve productivity through hiring the best talent

**JOB DESCRIPTION**

The Head of Finance is a key role within Youth Futures. Reporting to the Director of Finance & Resources, the role is responsible for all aspects of YF’s Finance and IT operations, but also plays a key role across the organisation in ensuring an appropriate level of control and governance is set and maintained. As the Finance lead in the organisation, you will have broad scope to set and influence the Finance and Operations agenda within Youth Futures.

**Key responsibilities**

**Finance**
- Systems, processes and controls required to maintain YFF’s financial records and operate key finance processes (including payroll, taxation returns, audit, transaction processing (receivable / payable), production of regular management accounts and annual accounts)
- effective budget control throughout the organisation
- short and long term financial planning processes to support delivery of YFF’s objectives and highlight financial risks and opportunities associated with their delivery; own & update the long term financial model
- efficient banking and Treasury management processes
- where appropriate, establish and maintain relationships with 3rd party service providers to support delivery
- ensure appropriate processes and controls are in place around monies received and granted on to ensure appropriate controls, safeguards and regulatory requirements are maintained
- support the development of appropriate financial management strategy for approval by the Board
- support the development of financial policies and control framework

**IT**
- Contributing to maintaining appropriate IT and telecoms provision for the organisation (including IT systems, physical hardware (laptops & phones), software licensing, website, backup and support)
- Support the development of appropriate IT policies including archiving, GDPR, security, BYOD

**Leadership & Governance**
- Line management of Finance & IT manager and Finance Apprentice
- Act as a core member of the YFF wider leadership team play a leading role in ensuring the organisation operates efficiently and key controls are operating effectively, within the wider culture.
- Support and attend the Audit, Finance & Investment committee of the Board ensuring the committees is appropriately briefed on relevant issues.
- Support the Director of Finance & Resources and CEO to ensure shorter-term business and financial plans are in line with strategic plan, flagging risks and potential variances / delays to plan in timely manner
- Ensure appropriate internal audits are conducted (as agreed with AFI committee) and actions implemented
- The role also has the potential to be expanded into other areas of the Director of Finance & Resources’ responsibilities in the future, such as risk management and facilities management

**THINGS TO KNOW**

This is an exciting opportunity in a relatively young organisation. Whilst all the necessary systems and controls are in place and functioning, there is an opportunity to evolve and refine many of those that were set up in the organisation’s infancy.
- Internally, we encourage an open, collaborative and inclusive working environment._

**Job Types**: Full-time, Part-time, Permanent

**Salary**: £32,000.00 per year

**Benefits**:

- Company pension
- Cycle to work scheme
- Sick pay
- Work from home

Schedule:

- Monday to Friday

Ability to commute/relocate:

- London: reliably


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