REGIONAL FINANCE DIRECTOR
Hours: 40 hours [including 1 hour paid lunch per working day]
Term: Permanent
Location: Hereford, Herefordshire [international travel required]
Salary: £55,000 - £60,000 [DOE]
Benefits: Competitive
Department: CBN Europe
Start Date: January 2024
ABOUT CBN EUROPE:
CBN is a global non-profit ministry demonstrating the love of God and sharing the Gospel of Jesus Christ through media evangelism and humanitarian aid. Our European HQ office is based in Hereford, UK.
JOB OBJECTIVE:
Manage and lead all finance and accounting functions for the Europe region. Function as the Accounting manager for the UK office, handling day to day accounting and financial reporting processes and supervising UK accounting staff. Supervise the Accounting Managers of all other Europe region offices. Responsible for cash management, insurance, budgeting, financial reporting, compliance and internal controls for all Europe region offices.
DUTIES AND TASKS:
* Oversee day to day accounting and internal control activities of CBN UK and all CBN Europe companies.
* Travel to each CBN Europe office and meet regularly on Teams with Accounting Managers.
* Provide regular training to accounting staff.
* Ensure compliance with government regulations and required filings in each country as well as OFAC and FCPA.
* Ensure compliance with all CBN finance policies and procedures.
* Responsible for managing cash flow.
* Manage all treasury activities including accounts payable and receivable, bank reconciliations, petty cash and travel advances.
* Responsible for full monthly accounting cycle, recording all transactions accurately in QuickBooks, and providing required financial reports to CBN International Finance.
* Work with National Directors as well as UK department managers to develop annual budgets.
* Review monthly budget variances and provide variance notes.
* Maintain up to date fund accounting cash flow projections.
* Review financial performance and provide strategic recommendations to Regional Director.
* Manage the purchasing process ensuring required preapprovals and quotes are obtained.
* Manage the donation receiving and receipting process.
* Manage finance related sales activities of all CBN Europe entities, ensuring appropriate administration in line with local tax and reporting laws and requirements.
* Track royalties, license fees and other sales income, maintaining library of all distribution and sales agreements.
* Process monthly payroll, remit all tax payments and complete tax filings including VAT, Gift Aid and any other non-payroll tax filings.
* Maintain fixed asset inventory.
* Engage qualified external auditors to prepare annual audited financial statements for all CBN Europe companies.
* Schedule and prepare documents for annual general meetings and board of director meetings.
* Identify risks and obtain necessary competitively priced insurance for proper risk management.
* Provide recommendations, improve systems and procedures in line with local accounting laws, initiating corrective actions.
* Establish and maintain fiscal files and records for documenting transactions.
* Interview applicants for accounting positions. In addition to the respective office HR dept, coordinate with National Director, Regional Director as well as International Finance Director when filling key accounting positions.
* Any other tasks as directed by the Regional Director, in line with the position.
REQUIRED KNOWLEDGE, SKILLS AND ABILITIES:
* Ten or more years of experience in accounting including five years in a management role.
* Excellent leadership skills, with steadfast resolve and personal integrity. Strong analytical and strategic planning skills with a keen eye for detail. Self-motivated, enthusiastic and driven to succeed. Analytical with the ability to identify cause & effect.
* Knowledge of all aspects of generally accepted accounting principles (GAAP or IFRS).
* Understanding of advanced accounting, regulatory issues, and tax planning.
* Bachelor’s degree in accounting or finance.
* Chartered Accountant with minimum level 4 Diploma in Accounting (MAAT) or equivalent.
* Master’s degree in business administration (MBA) preferred.
* Exceptional verbal, written, and visual communication skills.
* Ability to travel frequently to CBN Europe offices.
Please note that this role holds an occupational requirement for the post holder to be a practising Christian who assents to CBN Europe’s statement of faith (available upon request). This is in accordance with Schedule 9 of the Equality Act 2010.
REPORTING RELATIONSHIP:
* Reports to CBN Europe Regional Director.
* Works directly with the UK National Director in relation to the UK Charity and Subsidiary.
* Works directly with the International Finance Director on all accounting and finance responsibilities.
APPLICATION PROCESS:
To apply for this role, please provide a cover letter (detailing interest and suitability along) with your CV when filling out the application form at cornerstoneresources.co.uk/vacancies.
We reserve the right to close the role early should we have sufficient candidates.
Please note, the appointment of this role will be subject to:
* Satisfactory references.
* Evidence of right to work in the UK.
* Successful qualification and credential check.
* Meeting the requirement to be a practising Christian who assents to our statement of faith (available upon request).
* Living within a reasonable commuting distance of Hereford.
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