Name of Role: Chief Finance Officer
Reporting to: Head of Services/CEO
Location: Barrack St, Kilkenny
Purpose of Role
A Head of Finance, also known as a Finance Director or CFO, is a senior executive responsible for overseeing all financial aspects of an organization. This includes financial planning, budgeting, reporting, analysis, and strategic decision-making. They ensure the organization's financial health, manage risk, and contribute to its overall success. In essence, the Head of Finance is a crucial role that ensures the financial health and success of an organization by providing strategic financial leadership, managing financial operations, and contributing to informed decision-making.
Key Responsibilities
* To work within the overall Mission, Values and Policies of the Partner organisations.
* Financial Planning and Strategy:Developing and implementing financial strategies, budgets, and forecasts.
* Statement of Recommended Practice (SORP):To coordinate the delivery of financial standards in line with SORP guidelines.
* Financial Reporting and Analysis:Preparing and analysing financial statements, management reports, and performance metrics.
* Overseeing all management and financial software packages.
* Preparing new applications for Tendering new services.
* Preparation of all reports in line with Service Level agreements
* Preparing reports for senior management, Board Sub-groups and Board as required.
* Preparation of all reports to Companies Office, Revenue, RTB, Charities Regulator, AHBRA, HSE and Local Authorities as required.
Funding and Investment:
In conjunction with the CEO prepare and coordinate the delivery of funding proposals supporting the delivery of property:
* Capital Assistance Scheme
* Capital Advance and Leasing Facility
* Private investment
* Maintaining assets register: ensuring adequate planning and provision of funds in conjunction with the CEO to maintain all assets under our policy.
* Budgeting and Forecasting:Managing the budgeting process, monitoring performance against budget, and identifying areas for improvement.
* Risk Management:Identifying and mitigating financial risks, implementing internal controls, and ensuring compliance with regulations.
* Compliance & Governance: Ensuring compliance with financial regulations and internal governance policies, including implementing effective internal controls.
* Team Management: Ensuringto lead and motivate a team, manage performance, and foster a positive work environment.
* Cash Flow Management:Overseeing cash flow, managing investments, and ensuring the organization has adequate working capital.
* Stakeholder Communication:Communicating financial performance and insights to senior management, the board of directors, and other stakeholders.
* Strategic Decision Making:Providing financial insights and guidance to support strategic decision-making across the organization.
* Tax Management:Overseeing the organisation's tax affairs, ensuring compliance with tax regulations, and liaising with external tax advisors.
* Insurance:Overseeing the organisation's insurance matters, ensuring compliance with conditions, and liaising with external insurance consultants.
* Pension Scheme Management: Ensuring all matters are well managed and coordinated.
* Audit Management:In conjunction with the Head of Services,Managing the external audit process and ensuring compliance with accounting standards.
* Banking and Investor Relations:Managing banking relationships, overseeing borrowing arrangements, and maintaining relationships with investors (if applicable).
* Professional Behaviour and Conduct: To act at all times in line with the organisations values, accountabilities, to attend meetings/training as required.
* Flexibility: To attend and participate in 1-1 meetings, team meetings, training and appraisals as required. From time to time you will be requested to take on an extra duty as required.
Essential
Skills and Qualifications:
Relevant qualifications:
A relevant degree in finance or accounting, such as ACA, ACCA, CPA or CIMA, is required.
Work Experience:
3 years senior management experience in a related field.
A Full driving license and access to a car.
Desirable
* Strong financial acumen: A deep understanding of financial principles, accounting standards, and financial reporting.
* Strategic thinking:The ability to develop and implement financial strategies that align with the organisation's goals.
* Leadership and management skills:The ability to lead and motivate a team, manage performance, and foster a positive work environment.
* Analytical and problem-solving skills:The ability to analyse financial data, identify trends, and develop solutions to financial challenges.
* Communication and presentation skills:The ability to communicate complex financial information clearly and concisely to a variety of stakeholders.
* Experience with financial systems and software:Familiarity with SAGE accounting software, financial modeling tools, and other relevant technologies.
Skills
3 years management experience Communication and presentation skills Analytical and problem solving skills