Finance Director

Job Description:

Finance Director, Ark UK Programmes

Reports to:

Managing Director, Ark UK Programmes (trading activities)

Location:

West London (with flexible working available)

Contract:

Permanent Pattern:
Full Time (standard hours 9am – 5.30pm)
Salary: 90,000

About the role:

We are looking for a strategic finance professional to join the senior leadership team of Ark UK Programmes and support the sustainable growth and development of our traded programmes. This is an exciting opportunity for someone with strong commercial experience who is passionate about our mission and motivated by how different funding models and blended finance can enable us to create social impact hin this role you will work closely with the Group Finance team, which is responsible for all the group financial processing and reporting, and supported by a group financial controller.

We are looking for someone who will bring a firm understanding of the drivers of income and expenditure to support effective decision making across our programmes, ensuring that financial sustainability and mission impact are considered together and influence every part of the organisational strategy. The Finance Director will own all the financial modelling underpinning this, managing forecasting and budgeting, and providing rapid and reliable assessments of the financial impact of business decisions.
This role requires a curious and commercially minded approach, using a strong grasp of the economics of our ventures to identify risks and opportunities and deepen organisational understanding of key metrics such as subscription renewals. Working closely with the Group Finance team, the Finance Director will ensure management reports provide an accurate view of performance and will oversee spend and income risks, ensuring corrective action is taken where needed.

The role will also work closely with the Managing Director to develop new ventures, ensuring their underlying economics are sound.
Reporting directly into the Managing Director of Ark UK Programmes, this role will also have dotted line reporting into the Group CFO who oversees all Ark’s financial activity, to ensure consistency and management of risk throughout the Ark Group.

Key Responsibilities:

The financial performance of Ark UK Programmes, highlighting risks and issues to the Managing Director to ensure effective commercial decisions are promptly made Developing the strategic plans for Ark UK Programmes including forecasting and budgeting

Developing a fully auditable, flexible financial model able to provide rapid and reliable answers about the impact of different decisions on the financial performance
Strategic Responsibility Responsible for the financial performance of Ark UK Programmes, highlighting risks and issues to the Managing Director to ensure effective commercial decisions are promptly made and ensuring attention is on the most important finance levers

Preparation of Ark UK Programmes budgets and forecasts in line with the strategic objectives of Ark UK Programmes Working with the Managing Director and product strategy team on developing new ventures, conducting robust financial analysis to support decision making and fundraising applications

Responsibility for highlighting any financial risks to the Managing Director and Group CFO
AC+ Financial Management & Reporting Working with the Group Finance Business Partner responsible for Ark UK Programmes to obtain relevant and accurate monthly Management Accounts in a format that supports sound financial management

Present Management Accounts to the Ark UK Programmes senior leadership team

Work with colleagues to ensure sales and financial reporting align and give a fair picture of income generation

Responsible for compiling and…