Job Description
This role would be well suited to qualified candidates in the charity sector who are keen to lead a team and develop systems and processes across the entire finance function. Leading a team of 5, you would be responsible for the financial controls along with assisting the COO in the strategic plans for the organization moving forwards.
Key Responsibilities:
- Monitor and review the effectiveness of financial controls to ensure that they remain appropriate at all times
- Work with budget holders to prepare the annual budget for approval by the Finance Committee and Department for Education
- Work with the Chief Operating Officer on general strategic organizational development, service and business planning
- Implement new financial system to meet the increased demands of the School and its reporting
- Ensure compliance with all relevant financial legislation, regulations and guidelines such as SORP, VAT, Charity Commission requirements, etc.
- Prepare quarterly VAT returns and annual corporate tax returns for trading company
- Monitor and manage cash flows to maximize interest receivable
- Maintain strong working relationships with bankers, auditors and investment managers.
- Manage the finance team; monitoring their work, setting targets and carrying out regular reviews
- Assist the COO in the preparation of papers for the Finance Committees termly meetings
- Oversee the processing of donations and grants to ensure they are properly accounted for and that Gift Aid claims are made accurately and promptly
- Ensure an appropriate distinction is maintained between restricted and unrestricted funds and monitor use of restricted funds to ensure that all restrictions are observed
- Coordinate the smooth operation of the monthly payroll and ensure that all relevant requirements relating to PAYE, etc. are complied with.
- Draft annual financial statements and supporting papers in line with the Charities SORP, Companies Act and all other relevant reporting requirements
- Oversee the annual audit ensuring the team prepare all relevant documentation.
- Ensure accurate and timely submission of HMRC returns (RTI, P11D, PAYE Settlement Agreements, etc.)