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The One Touch Switching Company, Remote
£85,000 - £90,000 per year
Posted 1 day ago Quick Apply
Tax Justice Network, Remote
£37,054 - £43,642 per year
Posted 2 days ago
Closing in 3 days
Cord, Remote
£38,220 - £46,246 per year dependent on capabilities, qualifications and experience
Seeking an experienced Finance Manager to strengthen financial systems and controls with a focus on international programmes
Posted 1 week ago Quick Apply
Closing tomorrow
Pro-Finance (Pro-Recruitment Group), Remote
£50000.00 - £55725.00 per annum + Pension
Posted 4 weeks ago Quick Apply
Mind in Enfield and Barnet, Remote
£55,692 FTE / Actual £22,777 (based on 14 hours per week)
Posted 3 weeks ago Quick Apply
Pro-Finance (Pro-Recruitment Group), Remote
£300 - £350 per day + Umbrella (Inside IR35)
Posted 3 days ago Quick Apply
Closing in 4 days
Brandon Centre, Remote
£57,925 per year (pro rata)
Posted 1 week ago Quick Apply
Closing in 5 days
Global Dialogue, Remote
This role has been benchmarked at a UK salary of £67,000 (pro rata for a part-time position)
Posted 2 weeks ago
Citizens Advice, Remote
£52,999 per year, including London Weighting
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Page 1 of 4
Remote
£85,000 - £90,000 per year
Full-time
Permanent
Job description

About Our Client

In September 2024 The One Touch Switching Company ("TOTSCo") launched a revolutionary way for UK customers to switch their broadband and landline provider. TOTSCo was founded by the UK telecoms industry in June 2022 to help to introduce the One Touch Switching (OTS) service that all telecom providers should now be using to make it much easier for their customers to switch. TOTSCo is a member-owned and not-for-profit company whose purpose is to develop and operate a messaging platform (The TOTSCo Hub) which is central to OTS.

TOTSCo will recover its costs by charging industry members for use of the hub, and the anticipated annual turnover of the company is between £6m and £7m. TOTSCo has a team of over 25 people working on all aspects of OTS. In this role you'll get to work with a major technology firm that provides a managed service to TOTSCo.

Job Description

The Head of Finance is a core member of the organisation's structure and is a strategic partner to the CEO in all areas of finance. Responsibilities will include:

1. Job Purpose

  • The role reports to the Chief Executive Officer, and comes with membership of the Executive Committee.
  • The HoF is responsible for all financial control, reporting, statutory compliance and forecasting.

2. Manage the following functions including those that are outsourced providers (external accountants and managed service partner):

  • Bookkeeping (outsourced)
  • Annual external audit
  • Operational banking relationship
  • Cash flow and ensuring compliance with working capital requirements.
  • Billing and debtor reconciliation (outsourced)
  • Payroll including HMRC compliance and pension obligations. (outsourced)
  • Complete VAT returns and ensure compliance with relevant compliance requirements.
  • Monitor all spend against spend authorities.
  • Draft statutory accounts in accordance with GAAP and applicable accounting standards.
  • Develop or specify development of accounting systems as necessary to meet the changing requirements of the business.
  • Ad-hoc analysis
     

3. Forecasting & Planning

  • Prepare the following:
  • An annualised budget and medium- and long-term forecast for agreement with the board including the charging model for customers.
  • Monthly management accounts and variance analysis from budget including potential cash flow issue. 
     

4. Stakeholders

  • Support the following key stakeholder in fulfilling their roles:
  • CEO
  • Board
  • Cost-centre managers.
  • External and where appropriate Internal Audit.
  • Audit and Risk Committee
  • 3rd parties including bookkeeping. 
     

5. Knowledge

  • The following systems are used extensively within TOTSCo: 

Excel
Xero (with Spotlight add-in for forecasting and reporting)
Approval Max

The Successful Applicant

  • Fully Qualified Accountant (CIMA, ACCA, ACA, ICAEW etc)
  • 5+ years PQE, ideally in a commercial environment
  • Can demonstrate working independently and as finance lead with board responsibilities. (Experience in a SME preferable).

What's on Offer

We would like to offer the successful candidate:

  • £85,000 to £90,000
  • Home base, with occasional travel to London
  • Ability to be a key decision maker within the organisation
  • Opportunity to contribute to areas of the business outside of Finance

Where specific UK qualifications are required we will take into account overseas equivalents. All third party applications will be forwarded to Michael Page.


 

Posted by
The One Touch Switching Company View profile Organisation type Non Charity Employer
Posted on: 30 October 2024
Closing date: 27 November 2024 at 12:28
Job ref: MPCY1020246573948
Tags: Finance