Job Title: Finance Manager
Department: Finance
Reporting to: Director of Finance
Duration: Full-time; 37.5 hours per week
Location: London, UK
Salary: GBP 48,000 to 50,000 per annum
Contacts: Internal
Financial Accountant, Finance Assistant, Payroll Assistant, Finance Officer
External
WSUP Auditor, WSUP Bank Liaison Manager, HMRC (Payroll), Payroll System
support, Pension Providers, Finance system support
ABOUT WSUP
WSUP is a not-for-profit company that helps transform cities to benefit the millions who lack access to water and sanitation.
We were created in 2005 as a response to the urban explosion that has left many cities unable to provide basic services, such as access to a toilet or drinking water, to low-income communities.
We work alongside local providers, enabling them to develop services, build infrastructure and attract funding so that they can reach low-income communities.
To ensure that services can reach as many people as possible, and will exist over the long-term, we have a strong focus on financial viability. This means working with utilities and businesses to build services which generate revenue whilst reaching the most vulnerable urban residents, and advising regulators and governments on how to create an environment which enables businesses to succeed.
We are based in the UK with offices in seven countries in sub-Saharan Africa and Asia. As the urban specialist in water and sanitation, we are committed to sharing evidence and approaches so that our innovations can enable change around the world.
Since inception we have helped over 10 million people access better water and sanitation services.
For more information about WSUP's vision and approach, see www.wsup.com
JOB DESCRIPTION
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Job Purpose
To oversee the financial systems and processes to ensure that they are effective, efficient and adequately controlled. To provide accurate, useful and timely financial information to internal and external stakeholders. To support staff in managing finance systems.
Main Responsibilities
Financial Control
1. Ensures that WSUP’s financial information is maintained to a high standard so that it supports effective decision making and enables WSUP to meet its accountabilities to all stakeholders
2. Ensures that WSUP’s balance sheet is regularly reviewed with all balances reconciled and understood.
3. Ensure that the month end is closed through an effective and structured process in order to meet key organisational deadlines.
4. Working with the Director of Finance and Resources:
a. Ensures an effective control environment throughout WSUP's operations, providing a proportionate response to WSUP's financial risks
b. Ensures effective management and retention of financial documentation to meet legal requirements and maintain an effective audit trail
c. Supports the continuous improvement of WSUP’s financial policies and processes to ensure that they remain ‘fit for purpose’.
d. Assumes an internal audit role to assess the effectiveness of WSUP’s controls and our compliance its policies and procedures
e. Support statutory and other audit processes
External Accountabilities
1. Working alongside the Director of Finance and WSUP’s Funding team the Finance Manager will support the:
a. refinement and implementation of an effective overhead recovery model
b. management of Foreign Exchange risks movements
c. compliance with donor funding requirements
d. timely raising of funding invoices
2. Support the Director of Finance in the preparation of WSUP’s annual Financial statements
Working Capital Management
1. Support effective working capital management through:
a. Regular monitoring and forecasting of cash position to ensure sufficient liquidity across the organisation
b. Timely settlement of WSUP’s debts
c. Effective management of suppliers
People
1. Manage the development and performance of the London finance team through objective setting, regular 1 to 1s, appraisals, learning and development programmes etc
2. Build knowledge of budget-holders and global finance officers through shared learning and training
Other
1. To attend and contribute to all finance team meetings, and any other meetings as appropriate
2. To comply with all policies and procedures of WSUP at all times
3. To undertake any other tasks as required, compatible with the job
PERSON SPECIFICATION
The essential criteria will be assessed by the following methods: Application (A), Interview (I), Test (T)
ESSENTIAL
EXPERIENCE / Preparation of financial information to internal and external stakeholders within tight deadlines (A, I) Assessment and strengthening of financial systems and processes (A, I)
Team leadership and management (A, I)
SKILLS AND ABILITIES / Excellent attention to detail (I, T)
Ability to prioritise effectively and work calmly under pressure (A, I)
Ability to communicate clearly to a range of different audiences, at different levels (A, I)
Ability to resolve problems and issues (A, I)
Motivating people during change (A, I)
Strong Excel spreadsheet skills (T)
Management of Computerised Finance systems (A, I)
At least part-qualified towards a CCAB qualification (A)
KNOWLEDGE AND UNDERSTANDING / Demonstrable enthusiasm for continuous learning (A, I)
Will to share learning and build the skills of others (A, I)
Understanding of charity accounting and principle (A, I)
Sound knowledge of VAT (including exempt, partial exemptions and reverse VAT), PAYE and other payroll taxes (A, I)
Sound understanding of accounting in a foreign exchange environment (A, I)
OTHER / A team player willing to assist members of the team when necessary, who encourages them to participate in improving systems (A, I)
Self-starter, able to act on initiative (I, A)
Commitment to the vision and aims of WSUP (I)
Resilient (I)
DESIRABLE
EXPERIENCE / Experience in Sun 6 Accounting software and Vision Q&A Experience in managing MS Access programmes
Experience in complex and/or international organisations
SKILLS AND ABILITIES / Good understanding of IT systems and processes
Ability to learn new skills and apply them to different situations
Ability to speak and read French or Portuguese would be an advantage.
KNOWLEDGE AND
UNDERSTANDING / Management of restricted funds
STUDY SUPPORT
WSUP will support the applicant to complete their study for a recognised accountant qualification, through financial support and study leave.
You must have the right to work in the UK at the time of application.
May 2017
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