Head of Finance

Posted 4 April by Student Association

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I am so excited to be supporting the Open University Students Association, as they search for a Head of Finance.

Following my meeting with Beth Metcalf (CEO), you will be joining an exceptional organisation with over 50 years of supporting students of The Open University as they go through their journey as a student.

With key agenda's such as increasing the influence of the student voice within the University to promote Equality, Diversity and Inclusion, you will be part of a fantastic charity.

As Head of Finance, you will lead the Financial Strategy of the charity by overseeing the financial planning and reporting to identify areas of opportunity and risk. You will present the board pack as part of the SMT and contribute to key decisions.

You duties include

  • Prepare the annual budget on behalf of Vice President Administration and in consultation with the wider Management Team and Chief Executive
  • Monitor actuals against budget and report the financial activities and financial position of the Association to the Board of Trustees and its connected entities.
  • Prepare forecasts and carry out financial modelling, as required, to support sound decision making.
  • Liaise with budget holders to undertake a half-yearly review of financial performance against budget to inform future financial planning.
  • Reconcile the monthly payroll and other Open University recharges liaising with others to resolve any discrepancies.
  • Prepare annual accounts and notes to the accounts in accordance with the Charity Commission.
  • Liaise with the auditors on audit planning and completion. Offer full support to the auditors, lead on any future tendering process for their services and ensure a productive and positive relationship.
  • Comply with HMRC deadlines and own all VAT reporting.
  • Review and improve systems for accounting, internal controls and management reporting, ensuring our digital systems are relevant and effective.
  • Provide specialist expert advice across the organisation as required.
  • Develop and support wider engagement and knowledge of financial management, including amongst the Management Team.
  • Finally, you will prepare the accounts and apply the financial reporting standards in line with Charity SORP.

This role offers a new stage in your career whether you are stepping up from a Senior Manager role, or looking to utilise your experience and apply it within a role that gives back to the community.

Required Profile

  • ACCA/ACA/CIPFA/CIMA Qualified or Qualified by Experience Accountant
  • Experience of working within a Chrity or Non-Profit Organisation 
  • Understanding of complex tax and VAT exemptions and SORP accounting requirements
  • Desire to work for an organisation that has a poitive impact on the community
  • Ability to work effectively from home
  • A hands on and "roll your sleeves up" attitude

Benefits Include

  • Salary between £47,000 - £58,000 depending on experience
  • 33 Days + Bank Holidays Allowence - plus days over Christmas
  • Opportunity to study with the Open University free of Charge
  • Excellent Work/Life Balance with 80% Working from Home and flexibke working
  • A friendly and Inclusive culture thats allows you to perform at your best in the role
  • Exposure to the SLT that will allow you to contribute to key decision within the organisation


If you would like to apply for this fantastic opportunity, please contact me on .

Reference: 52422821

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