Finance Manager - Compliance, Controls & Reporting

The Finance Team at Alzheimer’s Research UK is responsible for maintaining the financial records of the Charity and providing timely and accurate financial information. The team is responsible for ensuring there is a strong financial control environment, and for providing support and advice on all finance matters to employees across the charity.

You will be required to be in the office at least two days per week and will have a high level of financial acumen and understanding.  As the Finance Manager - Compliance, Controls & Reporting, you will assist the Head of Finance in all elements of technical accounting, including financial compliance, internal financial controls, and financial reporting.  Working alongside the Finance Manager - Transactional Accounting and the transactional finance team, you will ensure a seamless finance function, ensuring that best practice is adopted at all times, to minimise risk to financial fraud, and to ensure compliance with all applicable financial regulations and reporting requirements.

 

Main duties and responsibilities of the role:

·         Support the development and implementation of best financial practices.

·         Lead the production of annual financial statements and reporting, and together with the Finance Manager - Transactional Accounting, lead the annual audit process.

·         Lead the on the production of annual financial statements and annual audit on behalf of Alzheimer’s Brain Bank, a small joint venture company in which we hold a 50% share.

·         Cash flow monitoring and projections.

·         Prepare and submit all Office for National Statistics, Charity Commission, Companies House and OSCR (Scottish Charity Regulator) returns.

·         Prepare and submit quarterly VAT returns, ensuring compliance with VAT reverse charges and applicable business/non-business VAT recovery rules.

·         Be the first point of contact for internal and external partners regarding technical accounting and related matters, including charity VAT and Trading rules.

·         Provide financial information for funding bid applications.

·         Provide financial advice regarding income recognition criteria, particularly regarding legacy accruals and philanthropy pledges.

·         Provide financial advice regarding expenditure recognition criteria, particularly regarding multi-year grants.

·         Monitor and reconcile all restricted income against restriction forms and the grant system to ensure restricted funds are managed and spent in accordance with donor wishes.

·         Review policies and procedures alongside the Head of Finance and the Finance team to ensure they are applicable, up to date, understood across the charity and consistently adhered to.

·         Maintain a sound financial control environment, ensuring all assets of the charity are safeguarded against financial fraud, as much as possible.

·         Working with the Head of Finance, design and implement an assurance programme on internal financial controls.

·         Keep up to date with all technical finance developments and reporting requirements applicable to the charity.

·         Manage Finance team GDPR deletion requests and GDPR compliance actions.

·         Maintain insurances for the organisation and be the first point of contact between insurance brokers and the organisation for queries and claims.

·         Manage the interface between the finance system and the grant management system to ensure the correct recognition and ageing of grant liabilities.

·         Provide cover for the Finance Manager - Transactional Accounting as required.

·         Undertake any other relevant duties and projects delegated by the Head of Finance, in line with the responsibilities of the post.

 

What we are looking for:

·         ACA, ACCA, CIMA or equivalent qualification.

·         Strong knowledge of accounting principles and practices.

·         Experience in a previous finance role.

·         Statutory accounts preparation and audit experience.

·         Good understanding of VAT.

·         Strong understanding of internal financial controls.

·         Excellent attention to detail, accuracy, and numeracy skills.

·         Strong organisational and time management skills, with the ability to manage workload effectively and work proactively.

·         Ability to communicate effectively to colleagues at all levels across the Charity.

·         Passionate, proactive, and friendly attitude.

·         Methodical and adaptable approach.

·         Ability to interrogate and reconcile financial data.

·         Strong ethical standards and a high level of personal integrity.

·         A keenness to keep up to date with finance technical updates.

Additional Information:

Ways of working: As part of our Agile ways of working you will be required to work approximately 2 days a week from the office, which is subject to the requirements of the role and the business needs. Flexibility on where you work can be split between working from home and our office.

Roles that are classed as part of the Agile ways of working are not able to claim any costs for Mileage/Travel on Public Transport, Accommodation and/or Meals.  This includes when attending the office for various meetings/events.

Our Office: Our office is at 3 Riverside, Granta Park, Great Abington, Cambridge, CB21 6AD. 

Salary: Circa £50,000 per annum, plus benefits

Please download the Vacancy Pack for more information.

The closing date for applications is the 28th July 2024, with interviews likely to be held week commencing the 5th August 2024. We would encourage you to submit your application at the earliest opportunity as the closing date may be brought forward at any time. Please indicate in your covering letter if you are unable to attend an interview on a certain date.

We value diversity and are committed to creating an inclusive culture where everyone can be themselves and reach their full potential.  We actively encourage applications from people of all backgrounds and cultures, in particular those from ethnic minority backgrounds who are currently under-represented.  Any offer of employment is however subject to you having the right to work in the UK.

As part of our commitment to be an inclusive employer and ensure fairness and consistency in selecting the best candidate for this role, your CV will be anonymised as part of the selection process.  Should you need any adjustments at either the application or interview stage, then please do contact us via our website. 

How to apply: Please create an online account using our Online Recruitment Platform which can be accessed through our Job Vacancies page. You will be able to attach your CV to your application and track the status of your application.

About Alzheimer’s Research UK:

Alzheimer's Research UK is the UK's leading dementia research charity. Our mission is to accelerate progress towards a cure.  Today 1 in 2 people will be impacted by dementia, either through caring for a loved one, developing it themselves or tragically both. But there is hope. 

There has never been a more important and exciting time in dementia research. With promising new drugs in clinical trials that slow the progression of the diseases that cause it, and revolutionary new ways to diagnose them on the horizon, we are now at a tipping point. Working with the smartest minds globally and across the UK, with industry and academia, Alzheimer’s Research UK is uniquely placed to invest in the very best research identifying barriers to a cure and knocking them down so that there are more and better treatments for everyone with dementia. For the first time in history, we can see a future where people with dementia can get a swift and accurate diagnosis, and effective treatments that could slow or even stop their disease. We stand for everyone affected by dementia. We stand for a cure. 

In 2022, we were incredibly proud to be awarded a 3-star accreditation by Best Companies which recognises ‘World Class’ levels of workplace engagement and were also listed in the prestigious Best Companies lists:

• 48th in the 100 Best Large Companies to Work For in the UK.

• 19th in the 100 Best Companies to Work For in the East of England.

• 3rd in the 50 Best Companies to Work For in the Charity Sector.

In addition, we were also shortlisted for a special award recognising the work undertaken on reducing our environmental impact.

In 2021, we were awarded the HR Management award by The Charity Times for our Wellbeing initiatives throughout the pandemic.

In 2020, we demonstrated our commitment to changing the way we think and act about mental health in the workplace and signed the Time to Change Employer Pledge. 

ARUK really does look after its people, where you will be able to add value and make a difference. 

To view further details about working for us and the benefits we offer, please visit Alzheimer’s Research UK