Here’s some information about charity finance director jobs, formatted in HTML:
Charity Finance Director positions are critical leadership roles within non-profit organizations. They are responsible for overseeing all aspects of the charity’s financial operations, ensuring transparency, accountability, and compliance with relevant regulations and best practices.
Key Responsibilities:
- Financial Planning and Strategy: Developing and implementing the charity’s financial strategy, including long-term financial planning, budgeting, and forecasting. This involves analyzing financial data, identifying trends, and providing recommendations to senior management and the board of trustees.
- Financial Reporting and Compliance: Ensuring accurate and timely financial reporting, including the preparation of annual accounts, management accounts, and regulatory filings. This also includes ensuring compliance with accounting standards, charity law, and tax regulations.
- Budget Management: Overseeing the budgeting process, monitoring expenditure against budget, and identifying and addressing any variances.
- Risk Management: Identifying and mitigating financial risks, including developing and implementing financial controls and procedures.
- Investment Management: Managing the charity’s investments in accordance with its investment policy and ensuring that investments are aligned with the charity’s mission and values.
- Fundraising Support: Providing financial support to fundraising activities, including developing financial models for fundraising proposals and reporting on the financial impact of fundraising campaigns.
- Team Leadership: Leading and managing the finance team, providing guidance, training, and support to team members.
- Relationship Management: Building and maintaining relationships with key stakeholders, including auditors, bankers, and donors.
Essential Skills and Qualifications:
- Qualified Accountant: Being a qualified accountant (e.g., ACA, ACCA, CIMA) is typically essential.
- Financial Management Experience: Significant experience in financial management, ideally within the charity sector.
- Knowledge of Charity Law and Accounting: A thorough understanding of charity law, accounting standards, and tax regulations relevant to charities.
- Financial Planning and Analysis Skills: Strong financial planning and analysis skills, including the ability to develop and interpret financial models.
- Leadership and Management Skills: Excellent leadership and management skills, with the ability to motivate and develop a team.
- Communication and Interpersonal Skills: Strong communication and interpersonal skills, with the ability to communicate financial information clearly and effectively to a wide range of audiences.
- IT Skills: Proficiency in accounting software and Microsoft Office Suite.
Salary and Benefits:
Salaries for Charity Finance Director positions vary depending on the size and complexity of the charity, as well as the location. Generally, they range from £60,000 to £100,000+ per year in the UK, and comparable ranges depending on location and organization size elsewhere. Benefits packages typically include pension contributions, paid time off, and other employee benefits.
Career Progression:
Charity Finance Director roles can lead to further career progression within the charity sector, such as becoming a Chief Executive Officer (CEO) or other senior leadership position. The experience gained in this role is highly valuable and transferable to other sectors as well.
Finding Opportunities:
Jobs boards specializing in the non-profit sector, general recruitment websites, and professional networking sites like LinkedIn are good places to find open positions. Many charities also advertise directly on their own websites.