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Finance Director

Employer
National Energy Foundation
Location
Milton Keynes, Buckinghamshire, United Kingdom
Salary
Competitive Salary
Closing date
May 21, 2024

View more

Job Role
Director/Board
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Job Description: Finance Director (Part Time)

Reporting to: Chief Executive Officer (CEO)

Responsible for: All Financial matters of the National Energy Foundation (NEF)

Summary



Salary:
£50-55k

Hours: 22.5 hrs per week



Location:
This role can be home based, although weekly travel to head office in Milton Keynes will be required.

Closing date: 24/05/2024

NEF Summary:

At the National Energy Foundation, our team is forward thinking in its approach to home energy and uses its influence and projects to make meaningful change. Our primary focus is delivering projects aimed at alleviating fuel poverty and helping residents to feel warmer, healthier and more comfortable in their homes whilst also helping them cut the cost of their fuel bills. In the next five years, we will seek to help more than 170,000 households out of fuel poverty. Beyond this, we seek to encourage homeowners to make improvements to their homes to increase energy efficiency. To enable this, we deliver several projects aimed at encouraging retrofit of energy efficient heating systems into UK homes.

Job Role

Are you passionate about making a difference in the lives of people in their homes and their communities? Are you interested in working with a diverse team who are united in the quest to alleviate fuel poverty and improve energy usage in UK homes?

The Finance Director will work with the CEO and the Finance team to collaboratively drive the development and delivery of the NEF’s strategic plans and budgets. The Finance Director will be a member of the NEF’s Senior Management Team (SMT) and will attend the quarterly Trustee Meetings.

Not only will the Finance Director take accountability for the day-to-day transaction processing, ably supported by an effective Finance Team of 3 people, they will take the lead on the budgeting, planning and analysis processes, developing a range of processes and reports to enable effective decision making.

The Finance Director will be the key contact for and work with the auditors, HMRC and other professional advisors and regulatory bodies to ensure that the organisation remains compliant and fulfils its legal responsibilities.

Management

o Manage the Finance function, providing leadership and support to the Finance Manager and their team of 2 analysts to ensure they are all able to carry out their responsibilities to the required standard.

o Provide strategic financial guidance to ensure that the NEF meets all its objectives.

o Contribute to the company’s overall business objectives and guide on financial strategy.

o Act as support and “Critical Friend” to the CEO, deputising for them where required.

Audit, Accounting & Reporting

o Take accountability for the production of timely and accurate financial reports, meeting the deadlines set by the CEO and the Trustees.

o Take accountability for all transaction processing including payroll, invoicing customers, and supplier invoice payments.

o Continually develop the reporting output to ensure that it meets the ever-changing requirements of the NEF and its Trustees.

o Be accountable for all finance systems, making recommendations for their development and implementing changes as necessary.

o Maintain relationships with the auditors, the banks, and other professional bodies.

o Work with the CEO and Trustees to compile and submit the Statutory Accounts and associated documentation.

Budgeting Planning & Analysis

o Working with the management team, set, monitor, and manage departmental and project

budgets.

o Develop and maintain a financial risk register to identify and mitigate against any potential financial challenges facing the NEF.

o Work closely with the Finance Manager and the COO in monitoring the financial performance of the projects and NEF central costs.

o Provide insightful analysis of any variances, making recommendations on how to maximise performance.

o Work with the Business Insight Lead to provide appropriate, timely and accurate information, advice and guidance to the CEO, the SMT and the Trustees.

o Agree the policy for reserves with the Trustees and monitor and maintain compliance to ensure the sustainability of the NEF.

o Support the CEO and Business Development Manger in the preparation of bid tenders and responses

Person Specification

This role will require:

Skills

o Strategic thinking / analytical mind

o Communication skills

o Negotiation skills

o Commercial & business awareness

o Keen eye for detail

o Problem solving skills

o Teamwork & collaboration skills

o Project management skills

o Proficient in Excel and the Microsoft Office suite of applications

Experience

o Senior level accountancy experience

o Managerial experience

o Experience in the charity sector is highly desirable, but applications may be accepted from those who can demonstrate outstanding strength in the other areas of this person specification

o Experience of using Accounting Software; NEF uses XERO

Qualifications

o Membership of the ICAEW, ACCA, CIMA or equivalent

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