Head of Finance
- Recruiter
- Michael Page
- Location
- City of London, London
- Salary
- £67500 - £75000 per annum
- Posted
- 27 Nov 2024
- Closes
- 04 Dec 2024
- Ref
- JN -112024-6603008
- Contact
- Daniel Page
- Job role
- Head of finance
- Sector
- Education and training
- Contract type
- Permanent
- Hours
- Full time
- Experience level
- Qualified accountant
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.