Rutherford Cross is working with a financial co-operative to recruit for a Part-Time Head of Finance. The role will report directly to the Chief Operating Officer and will also be responsible for providing the Chief Executive Officer (CEO) and Board of Directors with accurate and insight-driven analysis, financial projections and recommendations. This will enable informed strategic planning and decision making.

This role has previously been outsourced for three years, however as the organisation pursues their strategic growth plan for 2023-2026, they have identified the need to bring the role in-house on a permanent part-time basis. The Head of Finance will bring strong accountancy and people management experience, and strategic thinking to an established finance function.

The Head of Finance has line management responsibility for the finance and credit control manager post, while leading on management of financial models, analytical techniques, and effective budget management to develop, evaluate and optimise financial performance. The role will be required for 21 hours per week and can be worked over 3, 4 or 5 days. There will be key points in a typical month where the successful candidate is required to attend Board or Committees and SMT meetings.

A summary of some of the key responsibilities are below:

• Financial Management: Adopt and enhance current financial strategies, policies, and procedures to achieve the organisations’ financial goals
• Budgeting and Forecasting: Lead budgeting and forecast management, liaising with COO and CEO to establish financial targets, operational efficiency and cost control
• Financial Risk Management: Adopt and enhance current risk management strategies, ensuring compliance with internal KPIs and external regulatory requirements
• Regulatory Compliance: Maintain compliance with PRA / FCA financial reporting requirements while responding proactively to new legislation and industry trends
• Internal Controls and Ratio Management: Adopt and enhance current financial controls and risk appetites with a focus on liquidity and investment planning
• Team Leadership: Provide leadership and direction to the finance and credit control manager, through coaching, developing and supporting continuous learning
• Stakeholder Management: Maintain collaborative and productive relationships with regulators, auditors, NHS payroll partners and key contractual suppliers
• Strategic Planning: Contribute to the development, implementation, and completion of the strategic plan
• Audit and Compliance: Oversee financial audits conducted by the external auditors, providing timeous and accurate completion of audit recommendations and reporting
• Monitor and Evaluate key Trends in Market Conditions: Including performance trends and competitor analysis to support data-driven decision making
• Continuous Improvement: Lead the overall approach through the adoption and enhancement of new technologies, reporting and digital transformation

For this role, the client requires a driven individual who can bring enthusiasm to the role and has significant experience in financial analysis, data management and performance reporting. Experience in using financial planning software programmes is important, as well as being an excellent communicator. On offer is a salary at £42,000 - £ 45,500 p.a. (pro-rata), as well as a range of highly attractive benefits.