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Head of Finance Part Time, Art Studio

Handle Recruitment
Posted 6 hours ago, valid for 16 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The Contemporary Art Studio is seeking a highly skilled and motivated Part-Time Head of Finance to oversee its financial management.
  • Candidates should have proven experience in financial management, ideally within creative industries, and a strong understanding of UK financial regulations.
  • The role involves managing day-to-day financial operations, providing financial analysis, and contributing to strategic decisions for the studio's growth.
  • The position offers a flexible part-time schedule with a salary of £50,000 per annum, pro-rated based on hours worked.
  • Applicants should have leadership experience and be able to build effective relationships with stakeholders at all levels.

Head of Finance Part-Time, Art StudioContemporary art studio dedicated to fostering creativity, collaboration, and innovation in the art world are looking for a highly skilled and motivated Part-Time Head of Finance to join their team and oversee the financial management of the studio.

Role Overview:As the Head of Finance, you will play a pivotal role in ensuring the financial health and strategic growth of our art studio. You will manage the day-to-day financial operations, provide insightful financial analysis, and contribute to key decisions that drive the future of the studio. This is a flexible, part-time role, ideally suited for someone with a passion for both finance and the arts, and who thrives in a dynamic, creative environment.

Key Responsibilities:

Strategic Financial Leadership

  • Optimise the group's financial health and sustainability.
  • Provide financial leadership and align business and finance strategies with the founders'
  • Act as a financial and relationship partner to advisors, clients, galleries, museums, and investors.

Financial Operations and Oversight

  • Review, optimise, and negotiate financial and finance-related terms with the studio's clients.
  • Assess and manage risks, debt, and revenue streams.
  • Oversee balance sheets, income statements, and cash management.
  • Generate detailed and accurate financial reports at both company-wide and project-specific levels for directors, business partners, and external stakeholders.
  • Manage cash flow, including projections and ensuring funds availability.
  • Maintain strong banking relationships and strategic alliances with vendors and business partners.

Compliance and Reporting

  • Prepare and oversee annual filings for the UK and assist in the phased closure of the studio's German entity.
  • Supervise the preparation and filing of VAT returns (with support from the Finance Assistant).
  • Ensure compliance with HMRC PAYE regulations.
  • Keep the studio's financial processes aligned with best business practices and industry standards.

Budgeting and Analysis

  • Lead regular forecasting and budgeting meetings with project teams.
  • Conduct financial analysis of performance, projects, and budgets to provide actionable insights.
  • Prepare and oversee monthly management reports and financial analyses.

Team Leadership and Development

  • Direct and manage finance staff, ensuring appropriate motivation, development, and performance standards.
  • Provide financial advice and guidance to production managers and staff to support their goals.
  • Develop and maintain effective financial systems and procedures for streamlined management.

Operational and Contractual Management

  • Monitor external contracts and services provided by suppliers, ensuring effectiveness and value in collaboration with the production manager.
  • Ensure the company meets all financial and legal obligations, taking necessary actions as required.
  • Administer payroll processes efficiently and accurately.

Requirements:

  • Proven experience in financial management, preferably within creative industries or project-based environments.
  • Strong understanding of financial regulations and compliance requirements in the UK (experience with international entities is a plus).
  • Excellent analytical, organisational, and negotiation skills.
  • Ability to build and maintain effective relationships with stakeholders at all levels.
  • Experience with cash flow management, budgeting, forecasting, and financial reporting.
  • Leadership experience, including team management and development.
  • Advanced proficiency in financial software and tools.
  • This is an exciting opportunity to take on a leadership role at a globally recognised contemporary art studio, contributing to the financial and strategic growth of the organis

Handle actively welcomes applicants from under-represented backgrounds - we pride ourselves on attracting the best talent for every opportunity through a commitment to equality, diversity and inclusion.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.