Head of Finance

This role as Head of Finance requires a strategic mind with a flair for numbers, ensuring financial stability within the not-for-profit sector. The successful candidate will be responsible for leading the Accounting & Finance department in London.

Client Details

The organisation is a well-established not-for-profit institution based in London. With a team of over 1,000 dedicated professionals, the institution is committed to providing impactful services and making a difference in the community.

Description

Key duties for the Head of Finance are as follows:

• Provide line management and strong effective leadership and support for the members of the 5 person finance team
• Manage and minimise financial risk
• Build a culture of continuous improvement in the College's finance function, ensuring that the Group's policies and procedures for payroll, pensions, fee billing, debt collection, credit cards are implemented effectively.
• Assist the CFO in preparing the Group's annual report and accounts.
• Work with the Head of Senior School and Head of Junior School to effectively manage their respective management accounts and budgets.
• Liaise with the external auditor to enable them to operate effectively.
• Prepare quarterly information for the lending bank.
• Prepare budgets, forecasts and monthly management accounts for the College. Ensure robust financial controls are in place and routinely followed.
• Monitor cash flow and prepare cash flow forecasts monthly. Ensure VAT returns are accurate and prepared on a timely basis.
• Lead on fee billing and fee collection processes, ensuring that parents/ carers are billed accurately and promptly; and monies are collected in line with permissions.
• Ensure the implementation of robust debt collection processes and report regularly to the respective Head of School and CFO on the status of fee debtors.
• Oversee the group's payroll process

Profile

A successful Head of Finance should have:

• Must have either the ACA or ACCA qualification
• An experienced and successful business leader with a proven track record of successfully developing, managing, and facilitating change through outstanding leadership and effective management
• Experience of payroll management, strong understanding of payroll legislation, pensions, payment services regulation and contract law
• Knowledge and experience of VAT.
• Aptitude for developing finance systems and technology
• A relevant degree in Finance, Accounting or similar field.
• Proficiency in financial software and advanced Excel skills.

Job Offer

• A competitive salary range of £67,500 - £75,000 per annum.
• A rewarding role in a not-for-profit organisation that makes a positive impact.
• A supportive work environment based in the South of London (Catford)

This Head of Finance position offers an exciting opportunity to lead a dedicated team and drive the financial success of a respected not-for-profit organisation. We encourage all candidates who meet the above criteria to apply for this rewarding role.