About the Role
We are actively seeking a proactive and detail oriented Finance Manager to join our team at Black Lives in Music. You will be instrumental in overseeing and advancing the financial operations of our organisation, managing budgets meticulously, ensuring compliance with financial regulations, and providing key stakeholders with transparent and strategic financial insights. This role offers a tremendous opportunity to make a significant impact within the music industry by supporting and promoting the advancement and representation of Global Majority individuals. Join us in our mission to drive meaningful change and create a more equitable landscape in the music sector.
Key Responsibilities
1. Financial Strategy and Planning
- Develop and manage the organisation's financial strategy, ensuring alignment with overall goals.
- Prepare and monitor budgets, financial forecasts, and long-term financial plans.
- Provide accurate and timely financial analysis to support decision-making.
- Advise management on financial matters and contribute to the overall strategic planning process.
2. Financial Reporting and Compliance
- Submit annual financial accounts to Companies House and the Charity Commission.
- Ensure compliance with the Charity SORP, HMRC tax regulations, and the Charities Act 2011.
- Manage VAT returns and ensure compliance with all relevant financial regulations.
3. Operational Finance Management
- Oversee the preparation of financial statements, including balance sheets and cash flow statements.
- Manage day-to-day financial operations, including raising invoices, chasing payments, and managing accounts payable and receivable.
- Implement effective cost control measures and monitor financial performance.
4. Stakeholder Engagement
- Communicate financial information clearly to trustees, donors, staff, and external regulators.
- Foster strong relationships with funding bodies, including Trusts, Foundations, and government programmes.
- Support donor relations by providing transparent financial reports and updates.
5. Leadership and Team Management
- Collaborate with cross-functional teams to optimise financial practices across the organisation.
- Ensure financial policies and procedures are up-to-date and effectively implemented.
Essential Skills and Experience
- Proven experience in financial management within the charity sector or similar industries.
- Strong knowledge of UK charity funding mechanisms and financial regulations.
- Proficiency in preparing budgets, forecasts, and financial statements.
- Experience with VAT returns, invoicing, and payment collections.
- Excellent communication skills with the ability to present financial data to non-financial audiences.
- Strong analytical and problem solving abilities.
- Advanced knowledge of accounting software Xero and MS Excel.
- Coordinate with external auditors during audits and ensure timely submission of all required documentation.
- Oversee payroll processing, ensuring accuracy and compliance with employment laws. Liaise with HMRC.
- Manage employee benefits, including pension schemes and insurance.
- Provide training and support to staff on financial policies and procedures.
- Recognised accountancy qualification (e.g., ACCA, CIMA, ACA).
- Experience working with the Charity SORP and managing charity-specific compliance.
- Familiarity with grant management and donor reporting.
What We Offer
- A supportive and inclusive work environment.
- Opportunities for professional growth and development.
- The chance to make a significant impact on our organisation and the community we serve.
If you are passionate about financial excellence and thrive in a mission driven environment, we encourage you to apply.
How to Apply
Please send your CV and a cover letter detailing your experience and how it aligns with this role to .