JOB DESCRIPTION and PERSON PROFILE
JOB TITLE: Finance Controller
Reporting to Chief Operating Officer (COO)
Direct reports Finance Assistant
Role Purpose The Finance Controller will ensure the provision of consistent, robust and expert financial advice and reporting to the COO. This role will be responsible for overseeing all aspects of finance and financial operations, ensuring these are compliant with statutory requirements and that financial controls are appropriate and effective. You will also maintain a financial planning framework that will facilitate the delivery of the Charity’s financial strategy.
What you need to succeed
You will be a qualified accountant and will be able to provide excellent financial management and reporting for the Charity. You will be confident working with different internal stakeholders and external professional advisors and will be capable of considering their different requirements and priorities. You will be committed to continual improvement of systems and enhancing the overall service provided by the finance team.
Duties and Responsibilities
Manage and oversee the Finance team, currently comprised of 1 direct report.
Manage the preparation of all financial reporting and tax compliance.
Prepare the Charity’s year end accounts for approval and sign off by the Trustees.
Prepare and manage the annual financial audit process.
Prepare the annual budget and ensure the appropriateness of the key assumptions by working with and providing advice to the SLT on these matters. Keep the budget under review and ensure SLT is fully appraised of significant variances.
Review and sign off all grant payments and test grant processes. Collaborate with the Grants Team to develop and introduce internal audit of grants and monitor grant procedures.
Support the Grants Team by reviewing financial statements of organisations under consideration for funding as due diligence to inform funding decisions.
Ensure the provision of accurate and timely quarterly management information to the SLT to include budget variance and prior year comparative. Work with the SLT to ensure funding targets are met and develop strategies to increase funding where necessary.
Plan and manage cash flow.
Maintain accurate accounting records to meet external legal, tax and audit requirements.
Submit all statutory reporting to meet required deadlines e.g., Charity Commission return, HMRC Corporation tax return CT600 and CT600E and make repayment claims where necessary.
Manage any required outsourced services for e.g., payroll and audit.
Prepare and submit quarterly VAT returns, ensuring accurate application of VAT rules for