Finance Manager
ABOUT STRENGTH & STEM
Strength & Stem is a charity that uses floristry to help female modern slavery survivors experience restoration and empowerment. We believe that floristry can be used as a practical tool to help modern slavery survivors build a future for themselves, as well as a therapeutic tool in healing from trauma. Over eight months, we run holistic employability and skills training programmes during which participants undertake vocational floristry training, supplementary skills training, mentorship, and work experience.
The skills and experiences survivors gain through our programmes create a lasting difference for them and their families through economic independence, strengthened wellbeing and increased community. Ultimately, our programmes help survivors to regain dignity and hope and to move into a life of full independence and freedom.
TERMS
Job title - Finance Manager
Responsible to - CEO
Hours - One day per week (7.5 hours per week). This is a fixed-term role for 12 months. We have a flexible working arrangement, so working hours do not have to be limited to a specific day of the week.
Based - This is a remote role; however, you must have the pre-existing right to work in the UK to be eligible for the position. Some in-person team meetings in central London will be required.
Salary - £35,000 per annum pro rata, equivalent to £7,000 for one day per week
Start date - Immediate
ROLE DESCRIPTION
The Finance Manager will play a critical role in ensuring the financial health of the organisation. As the sole end-to-end finance position within Strength & Stem, the Finance Manager will be responsible for all financial activities, including bookkeeping, budgeting, financial reporting, and providing strategic financial guidance to support the charity's mission.
Your skills and expertise in successful financial management will enable Strength & Stem to establish a stable financial foundation for the future, allowing our impactful and meaningful work with modern slavery survivors to flourish and grow. This is an exciting opportunity for a skilled Finance Manager to shape and influence the effectiveness and sustainability of a small, ambitious charity.
KEY RESPONSIBILITIES AND DUTIES
Financial Management:
- Manage day-to-day financial operations, including bookkeeping, accounts payable, accounts receivable, and payroll.
- Develop and maintain financial policies and procedures with support from the Treasurer.
- Ensure accurate and timely processing of financial transactions.
- Perform the month-end process.
- Check employee expense claims and post them for payment.
- Compile bank runs and input them for approval.
- Raise any invoices and monitor late payments.
Bookkeeping:
- Maintain accurate and up-to-date financial records.
- Record and categorise all financial transactions with corresponding receipts in QuickBooks.
- Reconcile bank and credit card statements regularly.
Grant and Fund Management:
- Work closely with the Grants Manager to provide financial information for grant proposals and donor reports.
- Support the Grants Manager to manage grant budgets.
- Monitor and track restricted and unrestricted funds and grants to ensure compliance with donor requirements and complete spending.
- Producing receipts for donors and donor statements as required.
- Running and checking Gift Aid reporting to HMRC.
Budgeting and Forecasting:
- Support the CEO and Treasurer to prepare and monitor the charity’s annual budget.
- Provide financial projections and forecasts to aid Board decision-making.
- Track and report on budget variances.
- Assist the CEO with Budget and cashflow reporting.
Financial Reporting:
- Generate regular financial reports for internal and external stakeholders.
- Prepare monthly management accounts.
- With the Treasurer, ensure compliance with accounting standards and regulatory requirements.
Audit and Compliance:
- With the CEO, Treasurer and Company Secretary, ensure compliance with all relevant financial regulations and reporting requirements.
- Coordinate the production of the financial statements and act as a point of contact for independent review/audit.
Cash Flow Management:
- Manage cash flow to ensure the organisation's operational needs are met.
- Support the Board by making investment recommendations in line with the charity's financial goals.
Other
- Attending regular team meetings and events
PERSON SPECIFICATION
Skills, qualifications, and experience
- A professional accounting qualification (CCAB or equivalent).
- Proven experience in financial management and bookkeeping, preferably in a charity context.
- Strong knowledge of accounting principles, financial regulations, and reporting standards.
- Proficiency in financial software and tools (e.g., QuickBooks, Excel, financial modelling).
- Experience in performing month-end processes and reconciliations.
- Proven ability to identify and implement improvements in financial systems.
- Experience in educating and assisting non-financial team members in understanding financial systems.
Personal Attributes
- Excellent analytical and problem-solving skills.
- Strong written communication and high attention to detail.
- Ability to work collaboratively with a remote team and to work effectively with finance and non-finance team members.
- Excellent time management with the ability to prioritise work, meet deadlines and produce quality results on time.
- Ability to cope with the financial management of a growing organisation.
- A motivated and proactive self-starter, able to take initiative and comfortable working within limited existing organisational structures.
- Reliability, integrity, and extremely high ethical standards.
- Commitment to the mission and values of Strength & Stem.
- Be comfortable with our faith policy (see attached documentation).
Strength & Stem uses floristry to help female modern slavery survivors experience restoration and empowerment.
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