Our client who is a well-known global financial institution are looking to hire a Finance Manager for their Worldwide Foundation (Charities) arm of the business. This role is located near Cannon Street, offers hybrid working (3 days) and excellent benefits and pension.
The role:
The purpose of this role is to ensure effective, efficient and accurate day-to-day financial management and control the UK and international Foundations, including leading on management reporting, forecasting and cashflow planning and delivering the annual reports and accounts for all four Foundations. The post-holder will also support the oversight of the Foundations' investment portfolios.
Key responsibilities:
Financial management, audits and related governance
- Ensure the effective, accurate, efficient and timely day-to-day management of all financial matters for the Foundations.
- Prepare materials for the efficient and successful delivery of audits for all four Foundations.
- Prepare monthly management accounts and cashflow forecasts within deadlines, with meaningful narrative for the Senior Leadership Team.
- Monitor cashflow needs and arrange redemptions from investments, as required.
- Monitor FX requirements to cover grant payments in currencies other than base currency.
- Review monthly expenses to ensure amounts recharged are accurate and monitor variances to budget, and prepare analysis to inform the allocation of administration fees across the Foundations.
- Prepare finance papers for the UK and international Foundations' Finance and Investment Subcommittees and Board meetings.
- Ensure accurate and complete accounting records are maintained and all required financial and regulatory reports are produced.
- Prepare and administer payments to grantees and suppliers/service providers, ensuring that the Foundation complies with related policies and procedures.
- Monitor payments of grants to ensure grantees are contacted in a timely manner where information is outstanding/payments are delayed.
- Undertake cash accounting entries and monthly bank reconciliations, investigating and rectifying any discrepancies.
- Maintain effective relationships with key external stakeholders.
- Keep up to date with legal, regulatory and accounting changes in the charitable sectors, especially in UK and Bermuda.
- Support oversight of the Foundations' investment portfolios.
Compliance and risk management
- Maintain an effective financial and operating control environment (including adherence to procedures e.g. internal control framework, policies, controls, regulations, and supporting regular risk reviews).
- Ensure process notes, including the Foundations' financial controls manual, are kept up to date, reviewing processes and procedures to meet changes, as required.
- Maintain clear and accessible records of all work undertaken using agreed standards to enable accurate record keeping and contingency planning.
Role requirements:
- Demonstrable track record working in a finance function.
- Qualified accountant (e.g. AAT, ACCA, or CIMA).
- Significant experience of managing financial systems and processes.
- Proficiency in bookkeeping.
- Experience of preparing statutory accounts in the UK (ideally for charitable organisations), and also (desirable) under US GAAP (or similar)
- Knowledge and experience of the charitable sector and charity accounting (SORP).
- Experience of preparing management accounts and monitoring organisation-wide budgets.
- Experience of working with a finance ledger system.
- Experience of Oracle Fusion (General Ledger System) - (desirable).
- Excellent MS Excel skills and experience of using databases to process information.
- Experience of working for an international organisation (desirable).
- Excellent project management and execution skills, and able to prioritise and escalate issues as required.
- Experience of working within a complex and dynamic, risk aware and controlled environment.
- Ability to analyse and synthesise complex information quickly and effectively and experience of producing clear, relevant reports for different audiences.
- Articulate, with excellent written and oral skills.
- Strong analytical and numerical skills, with exceptional attention to detail.
- Ability to offer and receive feedback effectively to drive excellence.
- Excellent interpersonal skills, and able to engage and support diverse stakeholders.
- Excellent organisational skills with the ability to manage diverse and competing demands to tight deadlines.
- High level of personal responsibility, humility and emotional intelligence with experience of engaging with people from diverse backgrounds and cultures
- An understated and collaborative style, sound judgement and the ability to skilfully navigate cultural and political sensitivities.
- Approachable and diplomatic
- Self-motivated and able to work independently as part of a small team.
How to apply:
In addition to the submission of a CV, applicants MUST also send a cover letter of no more than 2 pages answering the following questions:
- Why are you interested in this role?
- Drawing on the role profile and person specification, what skills and experience would you bring to the role?
