Introduction
The KFC Youth Foundation is the corporate foundation that was setup in 2015 and is financially supported by KFC UK&I. The KFC Youth Foundation is a charity.
We have been developing a strategy to transform ourselves into a service delivery organisation. It is our ambition to create KFC Youth Foundation Hubs; amazing spaces with awesome youth workers that allow young people who most need it, to feel safe and secure.
As Finance Manager, you will have responsibility for overseeing the Foundation's finances. This key role provides support and analysis to help decision-making for the Trustees and Foundation Manager. We are looking for someone who can help us identify, develop, and implement various processes and systems that currently don't exist from a finance perspective.
This is a hands-on role with a mix of strategic and operational tasks, essential to the success of our strategy, maintaining best practice financial controls and budgetary oversight, and meeting statutory obligations.
The role will suit someone who is looking to join a small, dynamic and growing organisation to integrate finance within the organisation through building relationships with the wider team.
Overall Job Purpose
* Development of the finance team's strategy and identifying initiatives to deliver on this strategy
* Identifying business improvement opportunities to improve financial management and reporting
* Assisting the Foundation Manager and Trustees in establishing the policies, systems and procedures to ensure the Foundation's resources are used effectively
* Advising on compliance with legislation and guidance, for example, HMRC, Charity Commission
* Organising and managing the Foundation's finances
* Administering pensions and payroll related functions
* Supporting and encouraging the Foundation's ethos and its objectives, policies and procedures
Role Responsibilities
Strategic
* Prepare, monitor and report on the annual budget and accounts in support of the strategy of the Foundation in liaison with the Foundation Manager, Finance Committee and Trustees.
* Develop finance transformation initiatives to progress the growth and future of the Foundation
* Advise on and model the financial effect of changes to the Foundation strategy
* Manage, maintain and develop financial systems and controls, implementing best practices in financial management.
Business Partnership
* Attend and prepare required reports, as directed by the Foundation Manager and Finance Committee
* Lead the Foundation Finance Sub-Committee including preparation of agenda and minutes
* Collaborate with the Income Generator as a strategic partner for financial modelling of bids and proposals
* Provide timely and accurate reports and advice to budget holders
Reporting
* Manage the annual audit process including auditor visits
* Ensure the Foundation meets all statutory requirements set out by the Charity Commission
* Manage all aspects of the financial cycle, including budgeting, forecasting, fixed asset management, reserves management and financial reporting.
Financial Operations Management
* Be responsible for cash flow projections and all elements of cash handling
* Manage the invoicing of Franchisees and credit control of those invoices
* Arrange payment of invoices and grants
* Manage and regularly maintain the Foundation's asset register
* Maintain and oversee all bank accounts, completing monthly reconciliations
* Manage the staff payroll and pension process, including monitoring of VAT, tax, and gift aid, and prepare required returns.
* Maintain all Foundation insurances in all forms including assessments, claims and administration
What we need from you?
Essential
* A personal commitment to the KFC Youth Foundation's mission to help young people achieve their potential
* Evidence of CPD in Finance
* Proven track record in finance: a minimum of 5-7 years of experience in a financial role, preferably within the charity sector
* Strong financial management skills, including budgeting, financial reporting, modelling and analysis
* Confident decision maker who is comfortable with change and works well under pressure
* Strong written and oral communication skills
* Ability to develop and lead a high performing team
* Experience using accounting software such as Xero
* An enhanced DBS check
Desirable
* Recognised Finance qualification (e.g. ACCA, CIMA, CIPFA, ACA)
* Business or Accounting degree
* Experience of working within the charity sector
* Working knowledge of charity SORP
* Experience of working in a regulatory environment
* Track record of successfully supporting organisational change and development
Skills and competencies
* Personal effectiveness: self-motivated with a strong sense of purpose
* Emotional Intelligence: able to work with clarity and openness
* Communication: articulates ideas and expectations clearly
* Collaboration: Able to forge and nurture partnerships with a range of organisations
* Problem Solving and Decision Making: Applies critical thinking and analytical skills
* Strategic management: Able to prepare a strategic vision and implement it
* Change management: Ability to lead and implement change initiatives
* Entrepreneurial: Ability to be creative and foster a culture of innovation
This post is subject to NSPCC Safer recruitment and an Enhanced Disclosure and Barring Service Check
The KFC Youth Foundation is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of ethnicity, religion, sex, sexual orientation, age, marital status, disability or gender identity. The KFC Youth Foundation is committed to safeguarding and promoting the welfare of children and young people.
Salary: £45,000 - £50,000
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