To support the continued development and expansion of Herefordshire Rural Hub we are seeking a Finance Officer to join our team. This role has the opportunity to develop and expand its remit over time as our organization continues to grow. The Finance Officer role is key to our development with the ideal candidate contributing knowledge and experience to enable this to be undertaken effectively. As well as delivering our own projects and core functions, Herefordshire Rural Hub provides contracted support to partner organisations which this role will also deliver towards.
|Job title||Finance Officer|
|Job purpose||To support effective financial operations, management of accurate financial records and to ensure that we meet all fiscal obligations.|
|Responsible to||Managing Director|
|Location||Combination of office and remote working. Expected to work at Hub office at least once a week by mutual agreement.|
|Salary range||£25,500-£28,500 pro rata (depending on experience)|
|Qualifications||Educated to degree level, in a relevant subject or equivalent experience or qualifications related to accountancy and finance.|
|Contract||Fixed term contract to March 2025.|
|Hours of work||16 hours / week|
|Travel||Mileage paid at HMRC rate (currently 45p per mile) for delivery of the role within the county or for designated tasks elsewhere in the UK.|
|Start date||As soon as possible.|
- Managing Accounts Payable and Receivable – Preparing and receiving invoices, and processing outgoing payments in a timely manner. For accounts receivable, this includes interacting with project managers to understand invoice or payment schedules, contact information, amounts and descriptions on the invoice. Please note that we currently use Xero for financial accounting and the successful candidate should have experience with this software.
- Reconciling bank statements with transaction records – Ensure accuracy and identify discrepancies.
- Update cash flow forecasts – Management of multiple projects and supporting our partnerships
- Managing payroll – Calculating, processing and updating employee salaries, wages, taxes, and benefits.
- Using Xero Accounting Software – Process financial data and generate reports. Including management of tracking categories for projects and cost centres, and assisting project managers with understanding budgets and project spend.
- Ensuring financial data accuracy – Checking for errors and discrepancies in financial records and resolving issues promptly.
- Collation of VAT claims – For partially exempt businesses.
- Helping with compliance related to tax and PAYE.
Please note that this list is indicative of the key responsibilities of this role but is not exhaustive and may change overtime to reflect our aspirations to develop and expand the delivery capabilities of our organization. The Finance Officer role is key to this development with the ideal candidate contributing knowledge and experience to enable this to be undertaken effectively.
Knowledge, Experience and Capabilities
- Bookkeeping and accounting skills – Highly numerate, with proficiency in fundamental bookkeeping principles and accounting methods such as cash and accrual basis.
- Financial record keeping – Ability to accurately record financial transactions, maintain general ledgers, bank reconciliation processes and organising financial data.
- Preparing financial reports – On a quarterly basis for the Management team, and annually for the preparation of accounts.
- Experience with Xero accounting software – To efficiently manage financial records.
- Accounts payable and receivable – Competency in processing invoices, payments, and collections.
- Payroll processing – Understanding of payroll procedures and processes.
- High level of attention to detail – Accuracy in entering financial data to avoid errors and discrepancies.
- Certifications – Professional qualification or certification related to book keeping or a relevant accounting qualification.
- Cashflow Management – Collating monthly income and outgoing across multiple projects, monitoring monthly profit and loss, balance sheet and cash flow.
- Experience of preparing grant claims – Collation of figures and evidence of spend to support grant claims.
- Compliance and regulations – familiarity with financial regulations and tax rates, to ensure adherence to legal and regulatory requirements.
Personal qualities and values
- Interpersonal skills – able to build positive and effective working relationships, and communicate well.
- Motivated and solutions orientated – Results and activities driven, accepting responsibility for own actions.
- A good team player – Effective collaboration with a wide range of team members, partner organizations and funders. While also using own initiative, motivation and drive to also work effectively on their own.
How to apply
Please submit your CV with a covering letter outlining your relevant skills and experience for the role to email@example.com
Applications close 5pm on Wednesday 15th November 2023. Interviews for shortlisted applicants will be conducted week beginning 27th November.