Key Responsibilities:
Trust Deed Management:
- Study and interpret the Trust deed, identify and address areas requiring updates or clarification, ensure all operations align with the deed’s provisions
Trust Activity Review & Financial Planning
- Regularly review and assess the Trust’s financial performance, ensuring alignment with the Trust’s objectives, deed, and strategic goals.
- Develop and maintain a comprehensive financial plan for the Trust, ensuring efficient use of its resources while meeting both short-term and long-term objectives.
- Review and validate land and lease records, ensure proper documentation and compliance.
- Analyse financial statements and performance metrics, advising senior leadership on improvements and potential risks.
- Oversee cash flow management, ensuring liquidity for operational needs and alignment with charitable objectives.
Financial Reporting & Strategy
- Lead the preparation and presentation of accurate financial statements (monthly, quarterly, annual) in compliance with charitable sector regulations.
- Ensure full compliance with accounting standards, regulatory requirements, and donor as applicable reporting obligations, as applicable.
- Provide strategic insights on budgeting, forecasting, and financial performance to support organizational goals and sustainability.
Operational Oversight & Reporting
- To review Trusts operations periodically.
- Ensure operational processes and financial operations are transparent, accurate, and aligned with both regulatory and internal guidelines.
- Identify areas where operational processes could be improved to increase efficiency and reduce financial risk.
Compliance & Risk Management
- Ensure compliance with all financial regulations, tax laws, and charity-specific accounting and reporting requirements.
- Manage internal and external audits, ensuring timely and accurate documentation to uphold trust and donor confidence.
- Implement risk management practices to protect organizational assets and ensure adherence to governance policies.
Stakeholder Communication & Reporting
- Communicate operational and financial performance including funding status clearly to trustees, donors, stakeholders, and auditors, ensuring transparency.
- Serve as the primary point of contact for all inquiries associated to donations, grants, and regulatory matters related to the Trusts assigned.
Skills & Competencies:
- In-depth knowledge of trust accounting, investment management, and financial regulations.
- Advanced proficiency in financial software (e.g., SAP, Oracle, QuickBooks) and MS Excel.
- Strong communication and interpersonal skills with the ability to engage and influence senior stakeholders.
- High attention to detail, organisational, and problem-solving skills.
- Ability to think strategically and provide actionable financial advice.
- Strong grasp of budgeting, forecasting, and financial reporting.
- In-depth knowledge of legal and regulatory frameworks applicable to the Trusts.
- Ability to identify compliance gaps and recommend corrective actions.
Essential Qualification & Experience:
- A bachelor’s degree in accounting, Finance, or a related field (essential).
- A master’s degree or professional qualifications (MBA, ACA, or equivalent) would be a distinct advantage.
- Proven experience in financial reporting, forecasting, budgeting, and strategic financial planning.
- Strong experience in managing audits and compliance with regulatory requirements.
- Minimum 10 years of experience, preferably from a Charitable Foundation.