Financial Controller or Finance Director

FD Recruit are working exclusively with a well-respected Not for Profit organisation in the healthcare sector based in Northwest Surrey, to find either a Financial Controller (with the ambition to progress to their first FD role) or a Finance Director. Reporting to the CEO, and responsible to a board of Trustees, this role is responsible for the entire finance function and for managing a small team. Currently in a period of significant change and transition and this role will be pivotal in shaping the future direction of travel, and formulating the financial strategy, of the entire organisation and its culture. Exposure to either the public or private healthcare industry is essential for this role, and third sector experience would also be of value, but not essential

Key Responsibilities:

• • To maintain the accounting records, manage the production of accurately and timely monthly management accounts
  • To liaise with the Finance Committee, particularly with reference to profit forecasts and cash flows, producing reports and schedules as required by the Trustees and their advisors.
  • Ensure compliance with all statutory responsibilities and manage the annual audit, ensuring that the required mandatory reports are filed with Companies House and the Charity and Gambling Commissions
  • Attend all Board Meetings and Finance Committee meetings presenting the monthly Management Accounts and other reports
  • Reporting all significant issues and where necessary ensuring that both the Chief Executive and Chair of the Finance Committee are made aware of all significant issues which may affect the financial probity of the organisation
  • Contributing to strategic planning, forecasting and development of the charity as a member of the senior management team
  • Management of all departmental staff to include motivation, training, recruitment and selection where necessary
  • The management of all necessary licensing, contracts and agreements for the organisation to include compliance with all contractual obligations and the management of associated areas of risk reporting where necessary to the committee
  • To manage the cash flow performance using control processes, inventory, credit and payment collection
  • To establish, document and enforce adequate controls for all revenues and expenses and protection of assets
  • To maintain accurate and timely financial and operating information and to provide analysis, interpretations and projections to the Senior Management Team (SMT)
  • Ensure all budgets and forecasts are compiled accurately, planned correctly and approved on time.
  • To assist and provide financial guidance in the formulation and implementation of the Strategic Objectives as part of the SMT and to regularly report on all departmental and wider budgets
  • Be an active member of the SMT, in determining policy and future strategy
  • Advise the CEO and Board of the ongoing financial position making any necessary recommendations which are required to ensure the viability of the organisation
  • Assist the CEO in establishing policies, guidelines, internal controls and safeguards that ensure efficiency is maximised. Report any weak areas or discrepancies of such controls and procedures to the CEO promptly
  • To take a pro-active role in recommending income enhancement and cost reduction opportunities to the rest of the SMT
  • To obtain appropriate legal advice regarding the business practices of the organisation, and to maintain an awareness of UK charity laws and regulations
  • To keep complete files and documentation of all financial transactions, including contracts, agreements etc, complying with all current HMRC and charity legislation
  • Take responsibility for the safe custody, control and proper disposal of all company monies, negotiable instruments, assets, stocks, records and statutory books of account
  • To liaise with banks, solicitors, auditors etc

Management

• • Be innovative and creative in the design and presentation of reports to Management, to generate a sense of awareness and realism in the performance reported
  • Attend and participate in all managerial meetings as required
  • Attend Executive team meetings on a regular basis and communicate relevant matters and updates to and about each department and oversee all relevant Information Governance

Experience Skills and Knowledge

• • ACA, ACCA or CIMA Qualified, with at least 3-5 years experience in a similar role
  • Experience of managing staff, to include recruitment, mentoring and training
  • Well organized, efficient, accurate with Excellent communication and presentation skills
  • Sound knowledge of strategy and analysis, budgeting and forecasting and presenting at board level
  • Articulate with well-developed communication skills combined with a strong presence
  • Commercial acumen combined with the ability to work in the charitable sector
  • Ability to control the finances of the hospice and to negotiate effective controls within the organization to ensure financial probity and the sustainability of the hospices as going concerns
  • Experience of supporting non-finance managers

This is a fantastic opportunity for professional and personal growth, for either a first time FD role, or a tenured FD with successful investments already achieved and future career advancement in the investment sector, gaining commercial exposure and adding real value to the expansion and profitability of this cutting edge rapidly growing business.
If you are a strategic thinker with a passion for finance and leadership and relishes and excels in a dynamic environment, can drive positive change and manage the transition, then we encourage you to apply for this exciting opportunity

The salary banding advertised is a guideline, and encompasses both the FC and FD role, and the remuneration offered will be commensurate upon experience

Benefits include:
Competitive basic salary, plus generous pension and benefits package