Job summary
We are seeking an experienced and proactive finance professional to join us as the Deputy Finance Manager - Treasury, Subsidiary and Charity, providing specialist financial leadership for the Torbay and South Devon NHS Charity and for the Trust's Subsidiary company, SDH Developments Ltd.
In this key role, you will also play an important part in supporting the Financial Services team with reporting and compliance activities. You will be part of a small, dedicated team and work closely with colleagues across Corporate Finance and Financial Services. You will ensure the effective stewardship of charitable funds, deliver accurate and timely financial reporting, and maintain strong financial controls and compliance for the Charity and Subsidiary.
This is a highly collaborative position, working with finance and operational Trust personnel, fund managers, donors, investment managers, and external stakeholders to maximise the impact of charitable income, support efficient Subsidiary operations and contribute to the delivery of Financial Services objectives. You will operate with a high degree of autonomy, making informed decisions in line with Trust policies, Standing Financial Instructions, Charity Law, Company Law, HMRC regulations and professional standards.
Main duties of the job
o Support the financial services team with Trust reporting, cashflow forecasting and treasury management.
o Lead day-to-day financial management for the Charity, including management accounts, budget setting, forecasts and cashflow management.
o Provide professional financial advice to fund managers and senior managers, supporting business cases and grant applications.
o Oversee Subsidiary financial operations: AP/AR processing, ledger integrity, monthly management accounts, HMRC returns and assist with statutory submissions and Companies House filings.
o Coordinate audit and year-end processes for the Charity (SORP) and support Subsidiary year-end and consolidation into Trust accounts.
o Prepare Gift Aid claims and ensure compliance with HMRC, Charity Commission and NHS requirements.
o Support VAT compliance across the Trust, Charity and Subsidiary activities.
o Maintain effective financial policies, procedures and internal controls; identify and implement process improvements and automation in the Charity and Subsidiary.
o Produce timely KPI and governance reports to the Charity Committee and Corporate Trustee; escalate risks and issues promptly.
o Line-manage and develop the Charity Accountant and provide day-to-day leadership/supervision for the Subsidiary Deputy Accountant.
About us
The TSD Charity is a small but fast-growing local charity, raising funds to improve patient care, support colleague wellbeing and help our communities to live well. SDH Developments Ltd is a wholly owned Subsidiary of the Trust and operates the out-patient pharmacy service at Torbay hospital. This entity was incorporated with the objective to provide an efficient and cost-effective vehicle to deliver this service to out-patients of the Trust. The Subsidiary board is committed to continuous improvement and economical delivery of its objectives.
This integral role within the Trust team offers you an opportunity to be a part of a bigger picture, helping to deliver patient services, our fundraising strategy and work for an organisation that makes a difference for patients, carers and staff as well as our people and our communities.
Job description
Job responsibilities
Full Vacancy details can be found on the attached Job Description/Person Specification. Please refer to your suitability to the post in your supporting information from the role requirements or person specification.
#caretojoinus
Job description
Job responsibilities
Full Vacancy details can be found on the attached Job Description/Person Specification. Please refer to your suitability to the post in your supporting information from the role requirements or person specification.
#caretojoinus
Person Specification
Assessment
Essential
- A relevant accounting qualification eg AAT/ACCA/CIMA or equivalent with post qualification experience
- 5 x GCSE grade C or above or equivalent, including Mathematics and English Language
- At least two years' experience as a Finance Manager or Senior Finance Officer
- Evidence of planning and organising tasks required to achieve a specific outcome within a specified timeframe, without direction from line manager and of supervising the work of junior staff, ensuring a high quality of output
- Experience of cost-centre financial management, preferably in the third sector
- Experience of setting up, reviewing, updating or managing financial systems and records
- Experience of developing sustainable financial strategies
- Experience of analysing, interpreting and presenting complex financial data and producing robust forecasts
- Experience of financial accounting, cashflow management, performing reconciliations, preparation of year end working papers
- Experience and understanding of production of annual statutory accounts including year-end investments reconciliation
- Experience and understanding of charity accounting and SORP
- Knowledge of the financial requirements of Companies House, the Charity Commission, Inland Revenue and other key financial agencies
- Experience and understanding of production of management accounts and financial reports and analysis
- Experience and understanding of budgets and projections
- Experience of monitoring investments and cash management in a non-profit environment
- Experience of managing the audit/independent examination process
- Experience and understanding of gift aid claims
- Experience and understanding of reporting under FRS102
Desirable
- A-levels
- Relevant degree
- NHS accounting experience
- A proven track record in charity management and a good understanding of the environment in which charities operate
- Experience of using Donofy
- Experience of using Harlequin Charity Accounting Software
- Experience of supporting financial operations of a commercial trading subsidiary
Person Specification
Assessment
Essential
- A relevant accounting qualification eg AAT/ACCA/CIMA or equivalent with post qualification experience
- 5 x GCSE grade C or above or equivalent, including Mathematics and English Language
- At least two years' experience as a Finance Manager or Senior Finance Officer
- Evidence of planning and organising tasks required to achieve a specific outcome within a specified timeframe, without direction from line manager and of supervising the work of junior staff, ensuring a high quality of output
- Experience of cost-centre financial management, preferably in the third sector
- Experience of setting up, reviewing, updating or managing financial systems and records
- Experience of developing sustainable financial strategies
- Experience of analysing, interpreting and presenting complex financial data and producing robust forecasts
- Experience of financial accounting, cashflow management, performing reconciliations, preparation of year end working papers
- Experience and understanding of production of annual statutory accounts including year-end investments reconciliation
- Experience and understanding of charity accounting and SORP
- Knowledge of the financial requirements of Companies House, the Charity Commission, Inland Revenue and other key financial agencies
- Experience and understanding of production of management accounts and financial reports and analysis
- Experience and understanding of budgets and projections
- Experience of monitoring investments and cash management in a non-profit environment
- Experience of managing the audit/independent examination process
- Experience and understanding of gift aid claims
- Experience and understanding of reporting under FRS102
Desirable
- A-levels
- Relevant degree
- NHS accounting experience
- A proven track record in charity management and a good understanding of the environment in which charities operate
- Experience of using Donofy
- Experience of using Harlequin Charity Accounting Software
- Experience of supporting financial operations of a commercial trading subsidiary
Disclosure and Barring Service Check
This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.
