Finance Manager
Are you an experienced finance professional looking to make a significant impact in the third sector? Avenue, a leading charity in the North East of Scotland, is seeking an exceptional Finance Manager to join our senior leadership team. This pivotal role will ensure our financial health and sustainability, driving our mission to support families, children, and individuals through life’s challenges.
About Us:
For over 70 years, Avenue has provided a range of services across Grampian, designed to help families and individuals overcome obstacles and improve their relationships and well-being. With values rooted in effectiveness, integrity, respect, credibility, innovation, and independence, we are committed to making a real difference in our community.
The Role:
As Finance Manager, you will lead all aspects of our financial operations, from strategic planning and budgeting to cash management and financial reporting. You'll work closely with the CEO and the Board of Trustees, providing insightful analysis and advice to support strategic decision-making. Your responsibilities will also include:
* Developing and implementing financial policies and controls
* Leading the annual audit process and preparing statutory accounts
* Supporting funding bids with excellent financial analysis and planning
* Supporting managers in budget management and financial literacy
* Ensuring compliance with financial, charity, and company legislation
What We’re Looking For:
* Fully qualified (ACA, ACCA, CIMA) or part qualified with significant third sector experience
* Proven success in a senior financial management role
* Strong knowledge of relevant legislation and financial regulations
* Excellent communication, organisational, and problem-solving skills
* Proficiency in finance software (preferably Xero) and advanced Excel skills
* Experience in strategic financial planning and risk management
Why Join Avenue?
This is an exciting opportunity to bring your expertise to a vibrant and impactful organisation. You'll work in a supportive and collaborative environment, with opportunities for professional development and to influence the financial direction of our charity.
Location: Aberdeen City (on-site/hybrid)
Contract Type: Permanent
Hours: up to 15 hours per week
Salary: £37,855 per annum, pro-rata
Pension: Employee contribution is 4% and Employer contribution is 8%
Annual Leave: 36 days per annum which includes bank holidays (part-time employee leave is pro-rata)
Apply Now:
If you are passionate about using your financial expertise to drive positive change, we want to hear from you! Apply today and be part of our dedicated team making a real difference in the lives of those we serve.
* Please send your CV and a covering letter outlining your suitability for the role to avenuehr@avenuecharity.org
* For an informal chat about the role, contact Cliff Watt at c.watt@avenuecharity.org
* Closing date for applications is by 5pm on Friday 4th October 2024
JOB DESCRIPTION
VALUES:
* Effectiveness
* Integrity
* Respect
* Credibility
* Innovation
* Independence
Aims:
As a key member of the senior leadership team, the Finance Manager ensures the highest level of probity for all of Avenue’s financial affairs, and the charity’s ongoing financial sustainability and growth. The Finance Manager will be accountable for the day-to-day running of our finance function, with responsibility for all aspects of management accounting, cash management, budgeting, and forecasting, costing and pricing our services, and processing payments and receipts. They will work closely with the CEO to provide accurate and timely information and advice to the Board of Trustees on finance matters to support strategic decision-making and develop our finance policies and procedures.
Duties:
* Support the CEO and the Board of Trustees to execute their financial obligations and duties with the highest levels of probity.
* Lead on all aspects of financial planning, management, and reporting, including developing the annual organisational budget, providing monthly and quarterly financial reports, managing month and year-end processes, and audits.
* Develop and implement strategic financial plans to ensure long-term financial sustainability and growth.
* Oversee line management and support for the finance team, including their development and training.
* Develop and implement financial policies, procedures, and robust internal financial controls.
* Lead the external annual audit process and prepare statutory accounts compliant with SORP and other relevant accounting policies.
* Prepare cash flow statements, advise on treasury and investment strategy, and recommend corrective actions where necessary.
* Manage relationships with the bank and coordinate the execution of bank mandates.
* Ensure accurate and timely reporting for payroll and pension management, acting as the main contact for our external payroll services provider.
* Ensure timely and accurate reconciliation and management of payroll, HMRC, and pension payments.
* Oversee the repayment of staff and volunteer expenses, ensuring a robust system for validating and authorizing claims.
* Produce and maintain service level budgets, and provide monthly expenditure reports and management accounts.
* Support managers in managing their departmental budgets, providing training and coaching as required.
* Develop and implement financial risk management practices and strategies to mitigate risks.
* Attend regular Board of Trustees meetings to present financial reports, explain variances, update risk assessments, and highlight opportunities for growth.
* Collaborate with fundraising colleagues to support funding applications and provide financial reports to funders.
* Manage cash and electronic payments, donations and the Gift Aid scheme.
* Oversee the management of restricted and unrestricted funding.
* Support specific external partner relationships and negotiate partnership agreements.
* Ensure effective supplier management systems and maintain relationships with key suppliers.
* Manage asset and IT hardware inventory support.
* Ensure compliance with financial, charity, and company legislation, meeting statutory obligations to HMRC, OSCR, and other relevant bodies.
* Perform periodic internal audits and financial reviews to ensure compliance and financial health.
* Manage and renew all insurance contracts.
* Perform any other tasks as reasonably required by your line manager.
General Duties:
* Uphold Avenue’s values and mission, and adhere to all policies and procedures.
* Contribute positively to a productive and professional team culture.
* Promote Avenue’s trauma-informed ethos, ensuring a safe environment, especially for children and young people.
* Work closely and positively with all colleagues and seek opportunities to support their work.
* Keep skills current and stay updated with new technologies that will assist and improve our work.
* Contribute to a culture of mutual respect and maintain a welcoming environment.
Location:
This role is office-based at our registered office in Aberdeen. Occasional home working may be agreed upon with the line manager. You may need to work at different locations or attend external meetings on-site, with reimbursement for reasonable travel costs.
Flexibility:
Working hours are within normal office hours (Monday to Friday, 9 am-5 pm), but occasional evening and weekend hours may be required as agreed with your line manager. The Finance Manager will attend Board of Trustees meetings, typically held in the evening, no more frequently than once per month.
PERSON SPECIFICATION
Essential
* Fully qualified (ACA, ACCA, CIMA) accountant (or part qualified accountant with significant third sector experience)
* Knowledge of current and relevant legislation and regulation in relation to Company and Charity Finances
* Proven success in a lead financial manager role with responsibility for all functions, including payroll
* Managing multi-faceted and complex funding streams
* Building and maintaining stakeholder, customer, and supplier relationships, with a track record of negotiating supplier contracts to ensure best value terms
* Excellent interpersonal and communication skills, both written and verbal
* Costing services and products for tenders, funding applications, and grant bids, preferably in the 3rd sector
* Managing finance and accountancy software, preferably Xero
* High standard of IT literacy, including advanced proficiency in Office 365, particularly Excel
* Providing professional line management support to small teams
* Evidence of continuing professional development
* Exceptional organisational skills, including the ability to manage a demanding workload with frequent re-prioritisation
* Strong problem-solving abilities
* Experience of strategic financial planning and long-term financial strategy development
* Experience in developing and implementing financial risk management strategies
Desirable
* Supporting non-finance managers to manage budgets
* Designing and delivering training and CPD
* Developing co-produced services within the third sector
Job Types: Part-time, Permanent
Pay: £37,855.00 per year
Benefits:
* On-site parking
Schedule:
* Day shift
Work Location: In person
Application deadline: 04/10/2024
Reference ID: Finance Manager
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