You will be a member of the Institute’s Senior Management team working to support the Institute Director, Chief Operating Officer, Development Director, and Board of Trustees with specific responsibility for delivery of the Institute’s financial management best practice and governance.
BIICL is going through a period of significant international growth and expansion and you will be instrumental in developing the financial processes and strategy to deliver the Institute’s aims, as well as managing the day-to-day financial activities.
- Be responsible for the overall management and delivery of the Institute’s financial processes and compliance with financial policies and procedures.
- Line manage and be assisted in the delivery of transactional and reporting tasks by the Finance Officer (currently 1.0 FTE), and work closely with the Bingham Centre/MS PEC Finance Administrator.
- Prepare monthly management accounts and projected outturns with supporting analysis and commentary, and regular cash flow reports.
- Prepare monthly project reports for all research grants and research donations in conjunction with the Grants Manager and the Bingham Centre/MS PEC Finance Administrator.
- Manage financial controls and ensure that the Institute’s financial transactions are compliant with all external regulatory and financial obligations.
- Support the Chief Operating Officer with the preparation of annual budgets, periodic forecasting, and 3-5 year long-term projections. You will lead the processes for drafting budgets and forecasts working with the relevant Centre Directors, Senior Fellows, and research staff to ensure accurate projections.
- Work alongside the Development Team and the Events and Marketing Team to manage the interfaces between the accounting system and the website and CRM database.
- Ensure that the Institute is compliant with all external regulatory and financial obligations.
- Manage the accurate and timely production of the Institute’s annual financial accounts in compliance with the Charities Statement of Recommended Practice, the Companies Act 2006 and Financial Reporting Standards.
- Lead the annual external audit process and timetable. You will assist with the selection of auditors in consultation with the Finance & Audit Committee, facilitate the successful completion of the audit, and ensure that the auditors’ recommendations are implemented.
- Prepare and present finance reports to the Finance and Audit Committee and the Board in a timely and accurate manner.
- Undertake any other related tasks commensurate to the seniority of the role as directed by the Institute Director or Chief Operating Officer.
You will be an experienced finance professional, ideally from a higher education, research institute or charity environment with the following essential and desirable skills and experience:
- Qualified with a recognised Accounting Body (CIMA, ICAEW, ACCA, CIPFA or equivalent)
- Knowledge and experience of charity SORP
- Demonstrable experience of success in a similar financial management role
- Experience of effective use and development of finance systems and reporting tools
- Can-do attitude with a hands on approach and the ability to drive and manage change
- Excellent interpersonal and organisational skills with enthusiasm for working as part of a team
- Ability to think strategically and translate financial information into practical reality
- Experience of working in a charity and with Charity Trustees
- Experience of managing, and reporting on, restricted funds e.g. research grants, donations
- Experience of line management of staff