Financial Accountant Jobs in London
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MLC Partners are supporting a well-known Charity to recruit a 12-month fixed-term Finance Systems and Project Accountant. This is a fantastic opportunity to work directly alongside the Head of Financial Accounting and Processes and be involved in critical finance projects across the organisation.
Key deliverables of the role:
- Lead on and deliver the Finance system upgrade (Agresso/Unit 4 Business World from on-premise solution into the Cloud)
- Develop and enhance a robust cashflow forecast, and maximise the outputs to take a pro-active approach with Treasury management for short-term cash deposits
- Further develop and embed the internal financial control framework into the Finance team
- Support the Head of Financial Accounting & Processing with other Finance related projects as and when required
Successful candidates will:
- Have experience in leading a system upgrade (desirably within Agresso/Unit 4 Business World)
- Significant experience in Financial Accounting, processes, and controls
- Proven experience in leading and delivering on projects and process improvement; including cashflow forecast
- CIMA, ACCA qualified, part qualified or qualified by experience (essential if not Q, P/Q)
- Charity sector experience desirable
If this position aligns with your experience and you are available immediately, please apply now as applicants are under constant review. For any additional questions, please reach out to Annabelle at MLC Partners.
We are looking to recruit a Financial and Management Accountant to join our team based in London. You will join us on a full-time, permanent basis, and in return, you will receive a competitive salary of £32,291.50 per annum.
The Royal Air Force Museum is a national museum, a Government non-departmental public body (NDPB) and a registered charity, with two sister sites at London and Midlands. Our purpose is to share the RAF story, past, present and future - using the stories of its people and our collections in order to engage, inform and inspire. Our Vision is to inspire everyone with the RAF story – the people who shape it and its place in our lives.
We have two public sites (London and Midlands) and a stored collection (Stafford). Our trading company and active fundraising supplement Grant in Aid which comes through the Ministry of Defence.
Purpose of the Financial and Management Accountant role is to:
We are seeking to appoint a Financial and Management Accountant for the Museum’s trading company (RAFMEL), as part of a small finance team for the Museum and RAFMEL. The profits of RAFMEL are gifted to the RAF Museum to enhance our visitor experience, improve our facilities, and help us inspire everyone with the RAF story.
Key responsibilities of our Financial and Management Accountant will include:
- Responsibility for preparation and first review of monthly management accounts (including income and expenditure statement, balance sheet, cashflow statement, funds summary, salary summary) and performance reports for RAFMEL, in an accurate and timely fashion, including any associated commentary and key performance indicators (KPI).
- The analysis and interpretation of financial and business data to support budget-holders as required during the monthly operations and during the annual budget-setting process
- Acting as business partner to the RAFMEL commercial teams, providing commercial analysis to support decision-making
- Closing the monthly books through to preparation of monthly management accounts, including notes and commentary
- Preparation of the first draft year-end financial statements
- Reconciliation of daily takings sheets reports from both sites and accurate monthly reporting of income by activity
- Preparation and posting of all journals for RAFMEL, such as accruals, prepayments deferred income, salaries and payroll, intercompany transactions
- Maintenance of Business Intelligence system in Sage200
- Maintaining appropriate financial records and ensuring prior year files are archived at least annually
What we are looking for in our Financial and Management Accountant:
- Accounting qualification (ACA, ACCA, CIMA or overseas equivalents)
- Advanced Excel skills
- Communicates in a straightforward manner, demonstrating respect and acting with integrity and impartiality
- Recognises scope of own authority for decision making and empowers team members to make appropriate decisions
- Displays a strong commitment delivering on own/teams’ objectives
- The ability to flex approach to the different needs of competing work areas
- Uses specialist professional//technical expertise and operating knowledge to its fullest extent, where appropriate
- Articulates the Museum’s purpose and objectives and supports their team to see their role within it
Closing date for applications: 5th April 2024
Interviews will take place on: 16th April 2024
If you think you have what it takes and want to be part of this exciting journey, please click apply now to be re-directed to our jobs page where you can access the application method and details for the Financial and Management Accountant role. Join us in delivering our purpose and achieving our vision, ensuring that the Royal Air Force’s story continues to enrich and inspire current and future generations. We would love to hear from you.
Ivy Rock Partners are pleased to be working with an outstanding Multi Academy Trust to recruit a Trust Accountant to join their team, reporting to the Financial Controller.
They are looking for someone to manage the internal financial reporting for the head office. You will provide advice to the Head Office departments including the Senior Leadership Team.
This is a hybrid role working 3 days in their office based in East Croydon.
This role would be perfect for someone who is passionate about developing their skills and progressing in an excellent organisation.
Your responsibilities will include:
- The preparation of monthly management accounts for the head office departments
- Preparing and monitoring head office budgets, ensuring no overspends
- Providing financial advice to budget holders preparing funding bids and business cases
- Head Office accounting, including month end reviews
- Meeting regularly with budget holders to assist in their budget management
- Preparing year end papers
- Liaising with the Internal Audit team and External auditors
You will:
- Be fully qualified
- Be experienced in preparing monthly budgets and stakeholder management
- Have experience budgeting and planning
- Have strong financial and management information analysis skills and the ability to disseminate timely, accurate and relevant reports to key stakeholders
- Have experience preparing month end journals
- Have experience of involvement in year end preparation for the audit of statutory accounts
- Have strong Excel skills and experience of using a variety of software packages
For more information on this role please contact Megan Hunter
Deputy Financial Controller | £75,000 - £85,000 + amazing benefits! | SE London | Hybrid
For a progressive, forward-thinking university in southeast London, we are recruiting a Deputy Financial Controller. This is a new role, reporting to the Financial Controller, which will lead a high-performing team of 4, and manage the statutory returns, external financial audits, financial reporting, and the balance sheet. The Deputy Financial Controller will produce high-quality financial, management, and regulatory reports, and insightful financial control analysis and information essential for strategic decision-making. This role will lead the ownership for the Oracle ERP platform and will deputise for the Financial Controller as needed.
What you'll be doing:
- Lead the timely and accurate production of year-end financial statements
- Own the relationship with the external auditors and be responsible for continuous audit process improvements
- Lead on taxation compliance, and lead on policy updates to Finance Regulations
- Lead on cashflow forecasting and treasury management
- Ensure effective financial controls are in place
- Lead on optimisation, and best practice of the Oracle ERP platform, championing system compliance across the Finance team and wider organisation
- Lead on continuous improvement initiatives
- Represent Finance on Committees, working and project groups
- Motivate, lead, and empower team members and role model / set expectations to lead a high performing team culture.
What you'll offer us:
- Qualified accountant with up-to-date financial accounting knowledge and experience
- Experience of working within Higher Education, the wider public sector, practice, or complex commercial organisations
- Experience in developing high-performing teams
- Oracle Cloud experience
- Substantial financial reporting experience within the public sector
- Experience coordinating a financial year end timetable and deliverables
- Experience providing financial information to auditors and coordinating the audit process
- Strong business partnering experience and track record of providing impactful analysis
What we'll offer you:
- A very attractive defined benefit pension scheme, 26 days annual leave + 3-4 closure days over Christmas
- Hybrid and flexible working
- Additional weeks at full pay for maternity, paternity, and adoption leave
- Study leave, Leadership Development programmes, Annual Season Ticket Loans and more!
- A highly visible role giving an opportunity to gain broad exposure across the University
- Contribution to the success of an institution with strong social values and outcomes
- The opportunity to be part of a growing team with emphasis on impact, positive atmosphere, and sustainable work-life balance
________
As an employer, we are committed to ensuring the representation of people from all backgrounds regardless of their gender identity or expression, sexual orientation, race, religion, ethnicity, age, neurodiversity, disability status, or any other aspect which makes them unique. We welcome applicants from all backgrounds to apply and would encourage you to let us know if there are steps, we can take to ensure that your recruitment process enables you to present yourself in a way that makes you comfortable.
Actively Interviewing
This organisation is scheduling interviews as the applications come in. Don’t miss your opportunity, apply now!
Our Client:
Working across Africa, Asia and Latin America this INGO is based in Central London looking for a strong FP&A leader to join and add value quickly.
The Role:
A newly created role to help set up the FP&A team by bringing together the FBPs into one team. Reporting directly into the CFO, and working closely with other department heads and SLT to provide analysis for the decision making process within the charity on both an operational and financial basis. A real opportunity to add value quickly, and oversee all aspects of FP&A. Managing a team of 3 FBPs.
The Successful Candidate:
- Fully Qualified Accountant ( ACA, ACCA, CIMA or CIPFA)
- Demonstrable experience in both Finance Business Partnering and all aspects of Financial Planning and Analysis.
- Excellent Excel skills and analytical mindset
- Demonstrable experience in leading / managing teams
Whats on offer:
Opportunity to work closely with Senior Leadership Team during a pivotal time for a ever evolving INGO.
- c.£80,000 - £85,000
- 9 month contract, with the opportunity to extend
- Hybrid working, one day in the central london office (Wednesdays)
- Reporting directly to CFO
Your new company
Working with a national charity which supports a wide range of people, they run programmes supporting young and elderly people, the homeless and they manage anti-human trafficking initiatives.
Your new role
- Managing budgets on behalf of a large number of budget holders
- Assisting with bids for funding
- Managing contracts and making sure that funding is received
- Assisting operational managers to understand financial information
What you'll need to succeed
You will be a qualified accountant or be nearly qualified and be committed to qualifying soon.
Strong management reporting experience
Good experience of using Excel and able to adapt to using new systems
What you'll get in return
Flexible working options are available.
HYBRID working - 40% of the time in the office
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk
Actively Interviewing
This organisation is scheduling interviews as the applications come in. Don’t miss your opportunity, apply now!
Job Role: Management Accountant
Reports to: CFO
Based: Battersea
Salary: £40,000 - £45,000
Contract: Full Time Permanent
We are looking for an experienced, enthusiastic, and self-motivated Management Accountant to join our finance team. We are seeking someone with a strong technical background, ACCA/ACA/CIMA qualified who has had previous experience in the Not-For-Profit / Charity sector.
About Us
Enable is a charity dedicated to improving people's wellbeing and strengthening local communities. Core to our work is the development of strong working relationships with councils, charities and other organisations to deliver, health leisure and community services and events that enrich people's lives.
Benefits
- Flexible working hours & a hybrid working environment
- 30 days of annual leave (plus 8 bank holidays), 3 additional free days off at Christmas
- Life Insurance
- Reward Schemes (RewardHub Membership, wellbeing budgets and cycle to work)
- Mental Health & Wellbeing Perks (Yoga, activities, massages, monthly talks)
- Free Gym Membership
- Free breakfasts/snacks
- When in the office, we enjoy a well-stocked fridge and food cupboards, and a variety of social activities
In this role, you will take the lead in ensuring our company's statutory compliance is top-notch, handling tasks such as assisting with preparation of financial statements and external audits, preparation of all monthly, quarterly financial reports, assisting with budgets and forecasts and managing tax returns. Additionally, you'll have the exciting responsibility of overseeing the day-to-day operations of our finance department.
Job Description:
The role will be carried out in the finance department, at our headquarters in Battersea.
- Oversee the financial department staff in day-to-day operations ensuring that all financial transactions are properly recorded, filed, and reported.
- Ensure accounting policies comply with the relevant accounting standards and that the policies are followed, and training supplied to all relevant staff.
- Ensure the monthly payroll, and all similar regular payments, are processed for payment in a timely and accurate manner.
- Act as the primary support person for month, quarter and year-end financial activities.
- Reconcile all balance sheet accounts, including payroll and post all month end journals
- Assist with preparation of the financial statements.
- Assist with preparation of budgets and forecasts.
- Oversee all activities related to HMRC tax compliance issues.
- Prepare and submit quarterly VAT returns.
- Business Partnering with cross-functional teams, providing financial expertise, guidance and training as needed.
- Compile and analyse financial data to create accurate and timely reports for management review.
- Develop and implement financial systems, policies, and procedures: Design and implement efficient financial processes to ensure compliance and improve operational effectiveness.
- Monitor cash flow, budget variances, and expenses to maintain financial stability and support business objectives.
- Support budgeting processes and funding decisions: Assist in the development of budgets, forecasts, and funding strategies to align with organisational goals and objectives.
- Provide recommendations to minimise risk and improve financial performance: Identify areas for improvement, propose solutions, and implement strategies to enhance financial performance and mitigate risks
Skills and Abilities:
- Qualified Accountant - ACCA/ACA/CIMA qualified
- Previous experience in NFP/Charity environment - ESSENTIAL
- Knowledge of relevant Accounting systems. Strong IT literacy, Microsoft Excel in particular.
- Experience operating at Management Accountant/Finance Manager level in charity sector
- System implementation experience advantageous.
- Good people management skills.
- Strong attention to detail and able to produce work with a high level of accuracy
- Good problem-solving ability
- Good written verbal and communication skills
- Ability to prioritise
The Organisation:
Millions of fans watch or attend British horseracing’s 10,000 races per year at 59 racecourses, making it the second highest spectator sport in GB. Funding from the Horserace Betting Levy Board (HBLB) supports almost every aspect of the sport – such as regulation and integrity, marketing and promotion, veterinary science, equine welfare, people development, community engagement and prize money for participants. HBLB is an Arm’s Length Body of Government, responsible to the Department for Culture, Media and Sport but they do not receive Exchequer (taxpayer) funding. Instead, they are responsible for the collection and distribution of a levy from the business of betting operators.
HBLB spends its money in pursuit of three objectives:
• The improvement of breeds of horses
• The advancement or encouragement of veterinary science or veterinary education
• The improvement of horse racing
The Role:
Reporting to the Chief Financial Officer, you will provide leadership and day to day management to the finance team. You will have 4 key reports managing financial control and financial management.
You will have responsibility for the following areas:
• Statutory accounts & tax, leading the relationship with the NAO
• Management accounts, budgeting and forecasts
• Levy collection and ensuring compliance
• Cash management
• Payroll, pension and benefits; ensuring that the contracts are managed effectively
• Internal Audit; acting as the account manager
Business planning, performance and risk management, contributing to long term strategic planning are all areas where you will have the opportunity to work on with the CFO.
The Person:
We would like to hear from candidates who can demonstrate the following:
• a fully qualified accountant who has ideally worked in the commercial and public sectors
• proven experience of managing a finance team supporting both qualified and part-qualified team members
• an ability to deputise for the Chief Financial Officer and to ensure that the team provides a highly effective and efficient service to the organisation on a timely basis
What’s in it for you:
The employee package includes generous annual leave (starting at 25 days per annum), good pension benefits (15% employer contribution, minimum 3% employee contribution), and learning and development support. Flexible working between home and office (a modern office environment in Canary Wharf) is offered – the policy is for at least six days per month in the office. This role will offer you a real breadth of responsibility and experience. You will also have the opportunity to work with a strong and supportive team and an organisation with clear objectives.
How to apply:
The closing date for applications is the 4th April and interviews will be held w/c 8th April. Applications will be considered as they come through. Please contact Peter O’Sullivan at Hays Senior Finance for an informal discussion about the role.
Wohl Legacy
Part time Finance Director
Salary circa £90,000 FTE (2.5 – 3 days per week)
Remote / Occasional travel to London
The Wohl Legacy is comprised of three independent charities all founded by the late Maurice and Vivienne Wohl. The Wohl Legacy invests in and partners with numerous organisations and communities in the fields of Medical Advancement, Care and Welfare, Jewish and Communal Life, Jewish Education, and Pathways to Employment, working with these organisations to ensure lasting change.
Our partners may be those on the ground acting to make change happen or thought and learning partners who share a common vision. Facilitating relationships between organisations, key funders and interested parties is an integral part of the Wohl approach; we seek the best possible outcomes to the challenges that communities face, to enable them to grow and thrive.
We are looking for a proactive and highly capable Finance Director to join our small organisation and provide 360 degree support to the Chief Executive Officer. The organisation has gone through a period of modernisation and we are looking for someone who will continue to seek to improve and streamline processes and find more agile ways of working.
This position is responsible for the full finance function and responsibilities include:
- Overall responsibility for the development and successful delivery of the Finance function;
- Leading on financial planning, preparing annual budgets and quarterly management accounts;
- Preparing year end SORP accounts and liaising with the auditors; producing the Annual Report and Financial Statements; reporting to Finance, Audit and Risk Committee, Investment Committee and the Board of Trustees;
- Liaising with investment managers to obtain regular reports of performance and undertaking new investment movement analysis;
- Ensuring the Foundation’s policies are kept up to date and compliant;
- Communicating complex financial information and influencing and building rapport with a range of internal and external stakeholders.
The successful candidate will be a qualified accountant with experience of the UK charity or not for profit sector, advanced knowledge of SORP and charity VAT. You will have led a strategic finance function, produced statutory accounts, management accounts, financial reports and analysis. You will have demonstrable commercial acumen, a strong understanding of business and strategic issues, and the ability to appropriately challenge and advise budget holders. You will have excellent communication skills and a passion for helping us achieve our vision.
Timings:
- Application deadline: Sunday 21st April
- Shortlisting: week commencing 29th April
- 1st stage interviews: week commencing 6th May
- 2nd stage: week commencing 13th May
To apply, please send your CV and supporting statement via the link. For an informal conversation about the role please contact Bryony Thomas via the Allen Lane agency website.
Actively Interviewing
This organisation is scheduling interviews as the applications come in. Don’t miss your opportunity, apply now!
Are you a part-qualified Management Accountant looking for a new opportunity? Want to work for a not-for-profit organisation which is driven to support its local community? Seeking a broad role which will offer career growth? Continue reading if so!
Robertson Bell are excited to be partnering with this growing charity whilst they recruit for a permanent Management Accountant. Reporting into a brilliant CFO you will join a small and friendly team.
Responsibilities for this orle will include:
- Lead on budgeting, forecasting and the production of the monthly management accounts including commentary.
- Preparation of the annual financial statements alongside management of the audit, acting as the auditors main point of contact.
- Process quarterly VAT returns, assist with reconciliations and authorise payment runs.
- Oversee the checking of monthly staff payroll, collaborating with the outsourced payroll provider.
- Work closely with the CFO on production of the board packs.
- Assist the CFO with supervision of two Accounts Assistants, offering necessary support, guidance and training[KM1] .
This full time Management Accountant role will officially be based out of the charity’s head office in central London however flexible working from home will be on offer after the first few months. This position would best suit a part-qualified Management Accountant who is looking to progress in their career.
The successful candidate will:
- Have previously led on either month and year-end reporting.
- Be a strong communicator.
- Have previous experience working in the not for profit sector.
- Describe themselves as self-motivated, driven and ambitious.
Our client is wanting CV’s asap so please don’t delay in applying!
Actively Interviewing
This organisation is scheduling interviews as the applications come in. Don’t miss your opportunity, apply now!
Senior Management Accountant
Salary £55,000 - £60,000
18 Month Fixed Term Contract
Hybrid Working, 2 days in office
Location: Office located in Westminster
Our client is an internationally recognised heritage not-for-profit organisation that are looking for a senior management accountant to join their team with a focus on accurate and timely delivery of management and financial information, ensuring that variances are captured and understood. You will also support both Budget and Forecasting processes ensuring that income and costs are well managed and challenged when appropriate. Our client is fully open to sector experience and committed to delivering a first-class training and induction programme. As such we welcome candidates from industry, charity or practice backgrounds.
Your key responsibilities will include:
- Prepare the monthly management accounts for designated areas of responsibility. Work closely with budget holders to obtain explanations for spending trends and variances to budget. Ensure that budget holders and stakeholders have the relevant financial information they require in order that they can manage spending within their departments.
- Manage the budgeting and reforecasting process for your designated areas of responsibility working with budget holders to develop departmental plans and detailed budgets.
- Provide more detailed analysis of historic and expected spending trends to support decision-making for senior stakeholders on an ad-hoc basis.
- Support the preparation of business cases, providing financial modelling and analysis
- To contribute to the preparation of financial information for other stakeholders contribute to the year-end accounts.
- To support the Finance Director and Finance Business Partner Manager in ongoing projects for continuous improvements to systems and processes
Who are we looking for?
- A formally qualified Accountant with relevant experience of management accounting
- An excellent communicator who is able to influence at all levels within the organisation
- You’ll be practical, pragmatic and enjoy working as part of a small team in a busy environment
- Someone who is hands-on, takes a proactive approach to their work and is not afraid of getting stuck into the detail.
This is a fantastic opportunity for a high calibre finance professional looking to make an impact in the sector and will provide an excellent platform in your career.
Goodman Masson are supporting a large and extremely well renowned charity to recruit for a Management Accountant.
You will assist budget holders in their financial activities, providing them with value added information and advice to contribute to the improvement of operations.
Day to day duties include:
- Provide strong business partnering support to budget holders to support decision making
- Support with the preparation and presentation of management accounts and other relevant data
- Assist with the annual budget preparation
- Monitor actual performance against budget and highlight any variances
- Provide advice and training to budget holders on financial matters
- Prepare costing/pricing proposals for new activities
- Assist in preparing year-end schedules and audit queries
- Prepare journal adjustments and month end accruals and prepayments
Essentials:
- ACCA, CIMA OR ACA finalist or newly qualified
- Experience across management accounting within a large and complex organisation
- Experience working with and supporting budget holders
- Strong Excel skills - ability to extract and manipulate complex data
In our company values we aim for equity at all stages of the recruitment process, please let us know if we can do anything to make the process more accessible to you.
Actively Interviewing
This organisation is scheduling interviews as the applications come in. Don’t miss your opportunity, apply now!
Management Accountant
Salary £45,000 - £53,000
12 Month Fixed Term Contract
Hybrid Working, 2 days in office
Location: Office located in Westminster
Our client is an internationally recognised heritage not-for-profit organisation that are looking for a management accountant to join their team with a focus on supporting month end processes and improving stakeholder relations. Our client is fully open to sector experience and committed to delivering a first-class training and induction programme. As such we welcome candidates from industry, charity or practice backgrounds.
Your key responsibilities will include:
- Support the month end process, taking responsibility for key processes and analysis. Work closely with budget holders and analysing variances to budget.
- Prepare centralised month end reporting (e.g. Headcount monitoring, Commitment reporting) to provide relevant information to the team, with responsibility for ensuring analysis is clear and well understood.
- Assist with the budgeting and reforecasting process, working with budget holders to develop departmental plans and develop budgets.
- Provide more detailed analysis of historic and expected spending trends to support decision making for senior stakeholders on an ad-hoc basis.
- Support the preparation of Business cases, providing financial modelling and analysis.
- Support the Finance Business Partner Manager and Senior Management accountants in the production of key month end reports, suggesting and implementing changes to the reporting process to simplify month end.
Who are we looking for?
- A formally qualified Accountant with relevant experience of management accounting
- An excellent communicator who is able to influence at all levels within the organisation
- You’ll be practical, pragmatic and enjoy working as part of a small team in a busy environment
- Someone who is hands-on, takes a proactive approach to their work and is not afraid of getting stuck into the detail.
This is a fantastic opportunity for a high calibre finance professional looking to make an impact in the sector and will provide an excellent platform in your career.
Actively Interviewing
This organisation is scheduling interviews as the applications come in. Don’t miss your opportunity, apply now!
Financial Controller
£56,308-£63,412
Haringey Centre, working across all sites as required
Full-time, Permanent, 35 hours per week
YMCA London City and North (YMCALCAN) is an independent charity affiliated to the YMCA movement that was founded in 1844. Our work is based on the ethos of the international movement, and we work across some of London's most deprived boroughs in Islington, Harringay, Tower Hamlets, Newham, Barnet and Hackney as well as the City of London. It’s a patch that over 600,000 young people call home.
We passionately believe that every young person should have the opportunity to build a future of their own choosing. Over 150 years we have helped shape over 100,000 young lives. We specialise in engaging those who are hardest to reach, creating aspirational settings and delivering a range of interventions that allow them to thrive.
We hold a specialism in youth homelessness offering 400 bed spaces including move-on accommodation. We deliver an extensive programme of interventions that supports a young person’s physical and mental wellbeing and their transition to independence. We enhance this with facilities that benefit our local communities including youth hubs, community hubs, youth fitness centres and community fitness centres and through a programme of events.
The Corporate Services directorate provides strategy, development and services for corporate functions – financial planning and accounting, risk management, income management, HR and volunteering, ICT, and governance – working across all departments and locations in the organisation. The finance team provide a full range of accounting and financial management and financial planning services across the organisation’s services, including housing, youth, estates and major projects, community services and enterprise.
The purpose of the role is to develop financial strategies, plans, policies and procedures in conjunction with the Director of Corporate Services that support the delivery of overall organisational strategy and business plans. You will also act as Company Secretary, ensuring compliance with the statutory and regulatory requirements and providing guidance and support to Audit Committee and the Board.
How to apply
Application is by way of CV and a Supporting Statement.
Applications will be reviewed, and interviews held, on a rolling basis.
Millions of fans watch or attend British horseracing’s 10,000 races per year at 59 racecourses, making it the second highest spectator sport in GB. Funding from the Horserace Betting Levy Board (HBLB) supports almost every aspect of the sport – such as regulation and integrity, marketing and promotion, veterinary science, equine welfare, people development, community engagement and prize money for participants.
HBLB is an Arm’s Length Body of Government, responsible to the Department for Culture, Media and Sport. Unlike some NDPBs, HBLB receives no central Government grant-in-aid and no National Lottery funding. Instead, it is required by the Act to collect a statutory levy from the horseracing business of bookmakers (c.£100 million p.a.). HBLB applies those Levy funds to a wide range of schemes in direct support of horseracing and in line with statutory objectives:
- The improvement of breeds of horses
- The advancement or encouragement of veterinary science or veterinary education
- The improvement of horseracing
The Financial Controller (FC) will report to and work closely with the Chief Financial Officer (CFO) leading the Finance Team with line management responsibility for all four members. This team is highly competent, reliable, and experienced in what they do. The Financial Controller has responsibility for leading activity across the team, driving high levels of professionalism, integrity and continuous improvement in designing and running effective and efficient operational activity and analysis.
The key responsibilities of the Financial Controller will be:
- Assist the CFO in developing and maintaining a framework of performance and risk management including the HBLB three-year business plan.
- Manage and control the framework of bank accounts including assisting the CFO in decision-making on all treasury matters.
- Lead on the maintenance of an accurate, rolling, three-year forward look financial model.
- Assist the CFO and Chief Executive with all Board papers as required
- Lead the process for opening and running HBLB Loan windows for applications as to timing and affordability including convening the Investment Committee.
- Lead the relationship with the National Audit Office (external auditors), coordinating all visits and enquiries, liaising with the NAO throughout the year to effectively plan necessary activity and the annual audit. Anticipate or proactively address issues as they arise.
- Coordinate the issuing of new Levy Guidance Notes and annual Levy Assessments, including reviewing the Levy paperwork to match any statutory updates and making changes.
- Assure the monthly payroll process and act as the business continuity process manager for the preparation of payroll and pension submissions in case of the FM being unavailable.
The successful candidate will have:
- You must be ACCA, CIMA or ACA fully qualified with at least three years’ PQE.
- You will have led a team or teams during your career
- You will have experience of managing budgets and forecasts, dealing with external stakeholders (such as internal and external audit), and have been involved in risk management and performance management.
- Practical experience of IFRS accounting standards and ideally public sector Annual Accounts and Report production.
- Ideally you will have experience of working in both the private sector and public sector.
Robertson Bell is partnering with the Horserace Betting Levy Board to recruit a new Financial Controller with the role based in Canary Wharf. The benefits package is generous including 25 days of personal annual leave; 15% Employer contribution to pension; and learning and development support where appropriate.