Chatham House, the Royal Institute of International Affairs, is a world leading independent policy institute based in London. As a global think tank, our mission is to help build a sustainably secure, prosperous and just world.
We seek a Head of Finance who will lead and manage our Finance department. The role holder will play a key role in the team by collaborating closely with key business partners to compile budgets and regularly update forecasts; and ensuring that the team’s key monthly reporting objectives are carried out in a timely and professional manner. This is an exciting time to join as we undertake a Finance digitization project which this role alongside the Managing Director, Finance and Finance Systems Implementation Lead will support the introduction of.
We are an equal opportunity employer, we value diversity and do not discriminate on the basis of protected characteristics. We encourage applications from all backgrounds. If you require assistance or an accommodation due to a disability, please contact our HR Department.
Management Accounts and Financial Reporting
- Responsibility for overseeing the preparation of accurate monthly, quarterly, and annual management accounts to a tight schedule.
- Supervision of posting of month-end journal calculations, completing balance sheet reconciliations, and production of the monthly management accounts pack.
- Completing the financial statements within the annual statutory accounts, liaising as necessary with the auditors, and assisting the Managing Director, Finance in completing the Annual Report.
- Ensure the accuracy and integrity of accounting/ reporting with viable and necessary controls in place.
- Leading all aspects of the production of cash flow forecasts and contribute towards maximising the efficiency of its cash resources.
- Supervising the launch of the new internal overhead charging system.
Business Partnering, Budgets and Forecasts
- Work collaboratively with colleagues across the institute, acting as a valued and trusted Business Partner. This will involve analysing and interpreting numbers, making recommendations on financial reporting to funders, producing accurate forecasts and budgets, assisting with funding applications, and responding to ad-hoc queries;
- Act as one of the organisation’s key VAT experts and supervise the Management and Financial Accountants in VAT matters. Keep up to date with VAT legislation and assist in improving non-Finance staff’s knowledge and understanding of VAT as it affects the charity;
- Agreeing research and non-research departments' budget and forecasts;
- Assist in producing the annual Business and Financial Plan.
Financial Analysis and Special Projects
- Provide financial analysis and other advisory support as required;
- Support the Managing Director, Finance in identifying and implementing changes to processes to improve efficiency and effectiveness of the Finance Department and the organisation, including various finance systems' efficiencies;
- Leading on special projects, such as the annual IRS return, income and funding analyses, financial reports, VAT and other compliance reviews, and any other ad-hoc work;
- Ensure annual UK tax returns are completed.
- Line managing finance team (the Finance Officers, Payroll Supervisor, Management Accountant and Financial Accountant) by providing mentorship, supporting their learning and development, ensuring they meet weekly payment and monthly management accounts deadlines, and that they fulfil their roles in accounting and process controls;
- Deputise for Managing Director, Finance in their absence. This includes acting as the key finance contact for the Executive Leadership Team, the board of Trustees (Council) and other senior managers;
- Administering Finance payment systems including supervising signatories’ involvement in payment by ensuring signatories are set up on appropriate systems, and they have sufficient guidance to effectively use these systems;
- Authorising payments as a bank signatory at the appropriate level.
Skills and Experience:
You must have/are:
- ACA/CA/ACCA/CIMA qualified accountant;
- Significant management experience, including people management and experience of leading small teams to meet tight deadlines;
- A proactive, self-motivating approach to work, with a collegiate, collaborative and consistent approach;
- Strong interpersonal skills, and comfortable communicating in person, in writing, and over the telephone with individuals, and with both financial and non-financial colleagues;
- Able to work accurately and continuously maintain high standards;
- Intermediate Excel skills.
Benefits include approximately 37 days annual leave (inclusive of public holidays and Chatham House closure days), enhanced pension scheme, employee assistance programme, life assurance, enhanced Maternity and Paternity and other benefits designed to suit your own personal lifestyle. All of this, in a professional, engaging and intellectually stimulating environment.
Existing and unrestricted right to work in the UK is a requirement. Please note that we are unable to offer visa sponsorship for this role.
Salary: £65,000 - £75,000 (Depending on Experience).
Contract: Full time (35 hours per week), Permanent.
Application process: Please submit your CV and a cover letter detailing your motivation, skills and experience relevant to the role and complete the application form.
Closing Date: Monday 23 May 2022 at 10.00 am BST. First stage interviews will take place on 26 May 2022 and 27 May 2022. You will be notified on the status of your application within 4 weeks of the closing date.
The client requests no contact from agencies or media sales.