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Interim Finance Director

Location: Greater London, City of London
Sector: Charity
Date Posted: 24/12/2024
Salary: £300 - £400 per day
Specialism: Finance
Ref: RB37906
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The Impact Investing Institute is partnering exclusive with Robertson Bell to recruit an Interim Finance Director. The Institute is an independent, non-profit organisation working to transform capital markets, so they support a fairer, greener, more resilient future.

They are seeking an experienced Interim Finance Director to get under the bonnet of their finances: taking over the day-to-day operations and driving a change management project that sets up the finance function to run more simply and efficiently going forwards.

Key responsibilities:

Financial systems design

  • Document existing financial processes and systems and engineer simplifications and improvements
  • Design and implement streamlined, user-friendly financial management procedures
  • Build clear controls and reporting mechanisms
  • Establish efficient systems for grant management, invoicing, expenses, and payroll
  • Design financial reports that are accurate, clear, and decision-useful
  • Create a comprehensive, user-friendly business planning model with long-term cash flow and reserves forecasting
  • Set up infrastructure and tools to enable the organisation to price its activities accurately and allocate resources efficiently
  • Investigate opportunities for financial efficiency and cost optimisation
  • Develop and implement an efficient, cost-effective and sustainable way of delivering financial management going forwards – including internal resources and appropriate external support

Business as usual

  • Liaise with external accountants to prepare and distribute monthly management accounts, conduct budget variance analysis, and update cash flow and reserves forecasts
  • Process invoices and payments
  • Process payroll and ensure timely salary payments
  • Review and process expense claims
  • Prepare financial reports for Board and Finance, Risk and Audit Committee meetings
  • Review and update financial risk register
  • Coordinate the annual external audit
  • Monitor grant expenditure and compliance
  • Support project teams with financial reporting
  • Ensure compliance with financial regulations and accounting standards

This is an opportunity to shape how a mission-driven organisation approaches financial management. It is a hands-on role that demands meticulous attention to the detail of operational processes, an eagerness to solve problems, and an aptitude for designing and implementing forward-looking solutions. The six month contract is based in London on a hybrid basis and will operate Outside IR35.

The required candidate:

  • Fully qualified accountant with 10+ years of financial management experience
  • Extensive experience working in the non-profit sector and for small organisations
  • Proven track record in financial systems transformation
  • Exceptional analytical skills and strategic planning capabilities
  • A collaborative approach with the ability to work across organisational levels
  • Entrepreneurial mindset with a genuine passion for solving challenges
  • Willingness to do detailed operational work
  • Resourceful, with the ability to find creative ways to work with a limited budget

The deadline for applications is Monday 6th January. 

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