Finance Manager
Location: Hybrid working remotely and in office (Caledonian Exchange, 19A Canning Street, Edinburgh, EH3 8EG)
Directorate: Strategy & Operations
Term: Permanent
Hours: Full-time (Monday-Friday, 35 hours per week) – see website for flexible working options that you might request.
Salary/Rate: JFC3 £40,258 – £43,735
Reports to: Deputy Chief Executive
Closing date: Thursday 30 April
Interview date: Friday 15 May
About us
We are Young Scot, Scotland’s national youth information and citizenship agency. We’re a constant in the lives of young people, woven into the very fabric of growing up in Scotland. We’ve been delivering direct services for over 40 years to ensure that all young people in Scotland are connected to information, opportunities and experiences that support them to live happy and fulfilling lives.
Young Scot is a nationally trusted brand with deep reach, strong partnerships and unique assets - including data, insight, participation expertise and access to young people across Scotland. More than 880,000 young people have a Young Scot National Entitlement Card, with more than 160,000 of them signed up as Young Scot members. Last year our young.scot site had almost 1.7million visits, and well over 1000 locations across Scotland offer Young Scot perks and discounts.
The role
The Finance Manager will be responsible for managing the overall finance function of Young Scot. You will have strong background knowledge and experience in similar roles and an appropriate accountancy qualification. This role is an exciting chance to have overall responsibility for the dynamic financial and accounting elements of a values-based charity committed to supporting young people to thrive.
What you’ll be doing from day-to-day
Leading and delivering the finance function of the organisation, including financial management, controls, audit and strategies to ensure we are meeting our own standards as well as regulatory/reporting obligations.
Providing financial advice and support to the CEO, Deputy CEO and others on annual budget preparations and wider business development.
Leading on month-end process and production of monthly reports, management accounts, cashflow and financial analysis.
Managing the monthly Payroll and all regulatory requirements for HMRC.
Preparing quarterly financial reports for Young Scot Board and attending Board meetings as required.
Preparing and submitting quarterly VAT returns.
Monitoring cashflow through the management of debt collection and credit control for the organisations.
Preparing annual accounts for audit and leading the audit process, including liaising with auditors to produce annual statutory accounts.
Meeting regularly with budget holders, ensuring accurate and timely information is made available to them.
Providing finance training, as required, to staff and Trustees.
Managing external stakeholder relationships for Young Scot, as appropriate.
Be able to line manage any future Finance Assistant posts appointed.
Any other duties as required by the CEO/Senior Leadership Team
A great candidate will have a mix of these skills and experiences
Recognised relevant accounting qualification such as ACCA, CIMA, ACA, CIPA.
Previous experience, good knowledge and understanding of accounting packages, specifically Xero.
Previous experience and/or excellent understanding of a successful finance function within a not-for-profit organisation - from basic processing to producing annual accounts and high-level reports.
Good knowledge and understanding of operating at a strategic level.
An understanding of Charity Financial Regulations (preferred).
Good knowledge and understanding of VAT.
Good communication skills, both orally and in writing.
Proven ability of the management of staff/support and supervision.
Effective organisational and analytical skills.
Excellent negotiation skills.
A demonstrable connection and belief in the values of Young Scot.
Our journey to becoming an Anti-Racist Ally
At Young Scot, we’re working hard to become an explicitly Anti-Racist organisation. We are doing this by taking a close look at our organisation and identifying what it is we do that contributes to structural racism. As part of this work, we’ve reviewed our recruitment processes and made several changes. You can read more about this important work here.
We welcome and encourage job applications from people of all backgrounds and communities. This will help us to ensure that our staff team represents the young people in Scotland that we serve. We particularly welcome applications from Black people and people of colour, and disabled people – all of whom are currently under-represented at Young Scot.
Behavioural Competencies
Competencies to be assessed at interview stage.
Achieving Excellence – Level 3
SETS AND MEETS CHALLENGING GOALS AND SEEKS LONG TERM IMPROVEMENT
Achieves significant progress in the long term, wider performance of the organisation. Constantly reviews own objectives to ensure they support the organisation’s long-term strategic aims. Will go above and beyond when needed. Is prepared to stand by difficult or challenging decisions. Looks for and gets new responsibilities.
Understanding Issues - Level 4
CREATES AND ADAPTS OPPORTUNITIES FOR THE LONG TERM
Identifies and develops long-term opportunities and issues. Formulates new and ‘off the wall’ ideas and concepts, which creates potential opportunities. Seeks and engages with different stakeholders to pool resources and expertise. Uses innovative approaches to allow them to be realised and undertakes complex analysis in dealing with these new complex situations to inform the appropriate course of action.
Collaborating for Success – Level 3
ADRESSES UNDERLYING NEEDS AND PLANS IMPACT
Takes time to question and understand the real needs of stakeholders establishes systems to collect stakeholder feedback. Takes the lead role in managing stakeholder relationships to deliver operational impact.
Working with People – Level 3
ROLE MODEL FOR EFFECTIVE LEADERSHIP
Seeks high performance from others by setting example. Gives timely and specific feedback on what has been done well and where there is room for improvement. Helps individuals think through issues for themselves. Encourages and acts upon feedback to oneself. Proactively shares information and learning with colleagues. Addresses conflicts or issues within the team in a positive and open manner. Uses understanding of different interests and agendas to achieve positive outcomes. Maintains a positive approach and stays calm in all situations.
Ability to Adapt – Level 3
ADAPTS TACTICS/APPROACH
Identifies a pragmatic approach in order to get the job done quickly and effectively. Uses an awareness of the bigger picture along with common sense to interpret and implement policy.