Interim Finance Director

A small charity based in Southampton is seeking an interim Finance Director for an urgent, time-sensitive transition role on a part-time basis.

The role is to oversee the conversion of the charity from an unincorporated charitable trust with a corporate trustee into an independent charitable company limited by guarantee. The date for the conversion/transfer is currently set for 1st April and the new charity will need to have operational finance systems in place to receive the transfer of assets and be functional from this date.

The assignment is likely to be for 3-6 months in duration, with only occasional visits to Southampton required (1-2 per month roughly).

A guide salary range is £60,000 - £70,000 per annum FTE / pro-rata (in equivalent hourly/daily umbrella rate) and ideally the work would be for 3 days per week – however the client is open to considering candidates at a range of salaries/rates, and candidates who could only work 2 or 2.5 days per week.

The role involves liaising with suppliers, the CEO, Trustees and all external stakeholders to ensure the timely transfer of all assets across to the new charity.

Specific tasks include things such as:

-Setting up and testing new finance system (likely Xero)

-Working with CEO and consultant HR director, ensure that payroll processes are in place for Charity staff transferring to the new Charity under TUPE.

-Ensure that pension arrangements are in place for new staff and transferring staff, and that payroll systems are functioning ahead of transfer.

-Ensure that the new board of Trustees and CEO will be able to receive appropriate financial reporting post-transfer.

-Ensure sufficient financial controls are in place that adhere to the Charity’s standing financial instructions and provide effective accounting practices.

-Ensure the Charity’s banking arrangements are effective and appropriate for the Charity’s needs.

-Post-conversion, review the Charity’s investment portfolio and advise the CEO and board of trustees on the current arrangements and future option

-Support the CEO and senior leadership team by leading on the new Charity’s annual budget setting and short-to-medium term strategic financial planning

Requirements:

-Fully qualified CIMA, CIPFA, ACCA, ACA accountant essential

-Previous experience in finance transition/transformation roles involving setting up systems and processes

-The ability to start the role quickly

-Strong understanding of charity sector funding – restricted and designate funds

-Strong understanding and experience with payroll and pensions

Closing date: Ongoing/ASAP

Interviews: ASAP (likely week commencing 19th February)

Please send your CV for immediate consideration