Finance Coordinator

New Yesterday

We are looking for a dynamic and people-focussed Finance Coordinator to take our organisation to the next phase: this is a fantastic opportunity to have a real impact at a fast-growing organisation. We have recently upgraded our finance systems to Xero and updated our processes: we now want to build on this success. The Finance Coordinator will prepare financial reports for the board and ensure compliance with financial regulations. They will work with our bookkeeper to ensure excellent day-to-day financial management. They will collaborate with our Project Leads, supporting them to set and manage budgets, report quarterly to the board, and ensure all project income and expenditure is recorded accurately in Xero. They will also use produce cashflow forecasts and scenarios using the Xero integration with Syft that Selce has implemented. They will also play a role in HR processes reviewing timesheets monthly and ensuring contracts are amended as staff roles evolve. This role is crucial in supporting the financial health and sustainability of our organisation. Responsibilities: Financial Reporting: ·         Review financial data and prepare monthly and quarterly financial reports. ·         Present financial reports with variance analysis and commentary for the board. ·         Support with the preparation of annual accounts, working with Selce’s nominated accountants and the Board. ·         Respond to any queries from Selce’s nominated accountants or from the Board. ·         Maintain accurate cash flow forecasts for all areas of the business. ·         Monitor and report on financial performance against budgets. Financial Record Keeping: ·         Work with and manage our book-keeper, ·         Respond to queries from the book-keeper about how best to enter transactions ·         Help the book-keeper to implement excellent record-keeping ·         Ensure financial records are accurate and up-to-date. ·         Ensure invoices, payments, and receipts are processed ·         Ensure Accounts Payable & Accounts Receivable are managed ·         Manage grants correctly allocating eligible costs against grants and supporting Project Leads to report to grant givers in accordance with terms of grant ·         Manage the monthly Payroll process Compliance and Risk Management: ·         Understand and adhere to financial regulations and legislation ·         Establish and maintain financial policies, controls, and procedures for Selce ·         Seek out methods for minimising financial risk to Selce ·         Stay up to date with technological advances and accounting software to be used for financial purposes ·         Review VAT and file VAT returns ·         Manage interest payments to shareholders in accordance with our rules Support Functions: ·         Assist in the development and implementation of financial policies and procedures. ·         Provide financial support and advice and training to Project Leads ensuring compliance with financial regulation and our financial policies. ·         Support the CEO and the Board in various financial tasks and projects. ·         Track Selce’s financial performance and identify areas for potential improvement making best use of functionality within Xero or Syft for improved efficiency or effectiveness.
Skills & Experience: Essential: ·         Qualified Accountant: ACCA/ACA/CIMA or AAT level 4 part-qualified (who is working toward level 4 qualification) ·         At least 2 years’ experience of working in a finance role ·         Solid knowledge of financial and accounting procedures. ·         Experience using financial software in particular Xero and Syft (or similar). ·         Experience of using MS Excel including Pivot Tables & VLOOKUP ·         Strong organisational and time-management skills ·         Strong communication and interpersonal skills ·         Ability to challenge and influence stakeholders Desirable: ·         Experience in the renewable energy sector. ·         Experience with community-financed projects and community shares. ·         Experience in a cooperative or member-led organization. ·         Experience of Charities SORP (FRS 102)
Location:
London, Greater London

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