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Deputy Director of Finance - Education & Membership charity

Deputy Director of Finance - Education & Membership charity

  • Location:

    London, England

  • Sector:

    Executive Finance, Qualified, Finance & Accountancy

  • Contract type:


  • Salary:

    £54000 - £55000 per annum

  • Contact:

    Jamie Reynolds

  • Contact email:

  • Salary high:


  • Salary low:


  • Job ref:


  • Published:

    almost 4 years ago

  • Expiry date:


  • Start date:


A large international university network charity is seeking a Deputy Director of Finance for a crucial role. The organisation champions further education in over 50 countries, and provides a first-class service to its members. The Deputy Director of Finance is a key role, with full accounting responsibility for a wide range of the organisation's activities, including leading and managing the finance function operationally, strategically and in relationships with stakeholders. The scope of accounting responsibility includes expenditure of over £86m. The post-holder has direct responsibility for the management of finance staff and also has major responsibility for effective co-ordination between the finance team and the other departments

The role will involve:

- Overall responsibility for finance reporting for unrestricted activities and some clients' accounts.

- Own the reporting of expenditure and cash flows against budgets, and maintain forecast estimates of full year expenditure for the organisation's activities. Accuracy is vital as overspend / underspend tolerance is low.

- Further develop and manage accounting processes, e.g. membership invoicing, purchase invoices, foreign currency payments, Government Procurement Card and other payments, management reporting and annual accounts

- Prepare formal financial reports and forecasts to conform to desired accounting standards on quarterly / annual basis

- Liaise with funding bodies (DFID, FCO, Commonwealth Scholarship Commission and Marshall Aid Commemoration Commission) to ensure all financial, accounting and information requirements are met.

- Develop and implement financial models for the selection of awards and the management of programmes

- Provide strategic and operational financial advice on Scholarship administration schemes, including contributing to planning and allocation of scholars through calculating financial implications and preparing budgets.

- Lead key relationships with financial institutions and liaise with the National Audit Office

- Manage computerised systems, maintaining and developing systems and frameworks as necessary to ensure, for example, that systems can be used accurately to forecast expenditure and cash required from scheme funders, and report income & expenditure and cash flows

- Provide routine and day to day financial oversight and control of operational and capital accounts and functional areas (e.g. monthly account reconciliations, payments to suppliers, BACS, debtors).

- Represent the organisation at meetings with externally funded bodies (e.g. Finance & Audit Committees), negotiate outcomes, and advise heads of the department & the Director of Scholarships on best course of action

- Lead in negotiating purchasing contracts, ensuring optimum quality / cost balance for the organisation and its clients.

Candidate requirements:

- Professional finance qualification (CA, ACA, ACCA or ACMA)

- Experience of leading and managing a team

- Significant experience of leading a strategic finance function, including the ability to manage multiple financial schemes / programs effectively

- Knowledge of information assurance, data security and, particularly, the Data Protection Act 1998 / GDPR 2018

- Ability to utilise various technologies to complete work and a willingness to learn and drive the use of suitable new technologies to achieve results

- Excellent communications (written and verbal), influencing and inter-personal skills, including the ability to communicate complex financial information to a range of audiences, from financial experts to staff from a non-finance background

- Credibility in advising on finance policy and policy direction

- Knowledge of charity and public sector accounting

- Knowledge of VAT

- An interest in higher education is strongly desirable

Starting salary for this role will be £54,967 - increasing to up to £63,500 subject to performance.

Please send your CV for immediate consideration - closing date for applications Tuesday 31st October