Back to search
Accelerate CIC is an ambitious social enterprise based in Hackney, East London; its people are driven by our mission to improve the lives of people with leg ulcers and lymphoedema. We started as a spin out of the NHS in 2011 with 6 clinicians and 1 administrator based in Tower Hamlets and have since grown to an organisation of over 40 people providing services across London alongside a national education programme and innovative commercial initiatives to support our core mission.
We are seeking to recruit an experienced Finance Manager in a sole charge position who will be responsible for all aspects of the finance function, including payroll. The post will report into the Operations Manager. This is a critical role for a small social enterprise like Accelerate and we are seeking someone who enjoys working with people as part of a small team and can work with colleagues in a collaborative and supportive way.
You will have an ability to translate your skills and experience into supporting the growth and direction of Accelerate. As our Finance Manager your core role is to ensure record keeping and financial reporting are up to date and delivered in an efficient way. This post is supported by a part time Finance Assistant.
Accelerate welcomes applications from people of all backgrounds as an organisation committed to diversity.
Application is online and must be accompanied by a covering letter, detailing your experience in relation to the Job Description and the specific skills we are looking for.
Summary
The Finance Manager will be responsible for the Finance function including controls within the companys financial system. The post holder will not only demonstrate excellent accountancy skills but will be expected to provide sound financial guidance to develop and implement robust financial control management. The post holder will work with our Accountants to deliver timely quarter and year end reports and analysis to inform the Senior Leadership Team and the wider staff team of financial trends. This in turn will support the annual budgeting process which will be underpinned by their ability to engage with stakeholders across the organisation to formulate realistic and achievable financial targets. The role demands exceptional attention to detail and an ability to meet deadlines with a proactive approach to problem solving.
Purpose
The post holder will work as a proactive member of a highly motivated and driven team, using their financial and analytical skills to support the sustainability of Accelerate as a social enterprise. The key purpose of this role can be summarised as:
- Responsibility for an efficient, accurate and financial function supporting the strategic delivery of Accelerates mission.
- Developing and implementing internal financial controls including good cash flow management and credit control.
- Working with our Accountants for all internal and external financial reporting including statutory VAT returns. The business analyst aspect of this role embraces responsibility for investigating and analysing financial activities and processes, looking to make them more efficient and controlled.
- In the context of an SME, which best describes Accelerate, the delivery of end-to-end transactional finance and reconciliation is the key component of this role, supported by a Finance Assistant.
Essential Outcomes for this role
1.Overall control and management of the companys accounting function with full accountability.
2.Management and maintenance of all financial transactions with excellent attention to detail to aid monthly reconciliation and production of a variety of reports as needed.
3.Provide insight to the Directors that will support excellent internal controls and cash flow.
4.Maintain, develop and implement financial systems to ensure robust, compliant approaches that support current activities and future growth plans.
5.Preparation of quarterly accounts to Trial Balance with external accountants.
6.Preparation of statutory annual accounts with external accountants.
7.Review VAT returns with Accountants and other regulatory financial and business reporting.
8.Increase financial understanding across the teams to improve sustainability of the business.
List of key Duties and Responsibilities:
Manage the companys accounting functions including all transactions, reconciliations, and reporting end to end.
Manage and support the Finance Administrator
Working with our Accountants to provide timely and accurate quarterly accounts to inform executive team and Board
Take responsibility for the company cash management and reserves policies and keep the cashflow position under review.
Provide insight to Directors that will support excellent business decision making.
Support the delivery of the financial strategy that will optimise the companys financial performance and strategic position. This includes assembling and summarising financial data to assess financial risk to inform senior management of gaps in performance which need management.
Recommend, develop and implement financial systems to ensure robust, compliant approaches that support current activities and future growth plans.
Work with the Directors in the annual budget setting, forecasting and working capital and management projections.
Ensure all regulatory requirements of all statutory bodies are met.
Monthly management of payroll and managing the relationship with external payroll provider and pension managers
Closing date: Friday 10th January 2025
Shortlisting: Week commencing Monday 13th January 2025
Interview: Week commencing Monday 27th January 2025
