Director of Finance & IT
Role details
Job location
Tech stack
Job description
America. Our funding comes from diverse sources including government institutions,
philanthropic foundations, an invested endowment and corporate partnerships. Funding in the
media development space is highly contested so to sustain and expand our efforts, we must
continuously evolve our fundraising strategies, be ready to pivot in our approaches and be
operationally efficient.
The Direct of Finance and IT is a key member of the senior leadership team and works closely
with the CEO, the Managing Director - Development, the finance committee and the board of
trustees. Financial rigour and oversight are vital to the job, as is leading on our technology
infrastructure and due diligence across the group. Strengthening and updating our systems,
streamlining financial operations and contributing to future strategy, is also important. The role
is both high level and hands-on, fitting the size of the organisation. The team is welcoming and
the atmosphere is collegiate and collaborative. We look forward to meeting candidates that
share our mission and would like to contribute to the important work that Thomson does., You will collaborate with the CEO, the Board, and the Senior Management Team across both
Thomson Foundation and Thomson Media to develop short and long-term organisational
strategies, underpinned by strong financial business plans.
You will serve as the organisational lead, for the UK and the Thomson Group entities, on all
matters relating to finance, security, information technology, risk management, compliance and
other administrative functions.
You will implement and further develop the Finance & Technology Transformation Plan, seeking
to maximise efficiencies, streamline processes, strengthen IT security and improve internal
controls.
You will be comfortable working within a very small organisation where you will be required to be
hands on as well as serve as a strategic leader.
Financial Management
- Ensure the production of timely and accurate management financial information across the
Thomson Group for the Senior Management Team, Finance Committee, Board, internal
budget holders and donors.
- Preparation of statutory accounts and all audit schedules for the Thomson Foundation and
the Thomson Foundation Group (includes a German subsidiary) as required, including any
other statutory reporting (e.g. annual corporation tax return to HMRC, VAT returns, Charity
Commission) and other legal reporting and compliance needs.
- Responsible for the day-to-day accounting functions of Thomson Foundation, including
journal entries, bookkeeping, reconciliations, maintenance of the financial management
system etc as required in a small organisation.
- Work collaboratively with Thomson Media's Finance Manager to ensure ease of
consolidation for management, donor/ contract/ project and statutory reporting, providing
advice and support where necessary., * Responsible for the annual budget process across the Thomson Group, working with the
Thomson Media Finance Manager in setting clear timetables and decision-making points,
ensuring all stakeholders in both entities are involved and working with the Development
Team to ensure robust income forecasting.
- Support the Development Team by ensuring relevant information is available and can be
tracked especially in respect of overheads and cost drivers.
- Proactively train and develop finance and non-finance staff across both entities to ensure a
culture of financial compliance and understanding within the organisation.
- Oversee the development and implementation of policies and procedures to provide
sufficient internal controls and protect organisational assets.
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Responsible for treasury management, including managing currency needs.
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Maintain banking, auditor, investment manager and other key supplier relationships.
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Ensure appropriate systems and processes are in place to manage financial aspects and
compliance aspects of funding contracts and grants to partners.
Risk Management, Compliance & Legal
- Lead on organisational risk management, overseeing the organisation's risk management
framework and ensuring that risks are recorded and that appropriate risk mitigation
measures are put in place, with a quarterly review by the Senior Management Team and
reporting to the Finance Committee and Board.
- Provide support and assistance on legal matters relating to grants and contracts and be a
key point of contact with legal advisers.
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Ensure that the organisation meets its requirements under GDPR.
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Ensure that the organisation fully discharges its legal responsibilities as a charity and
company limited by guarantee (including with the Charity Commission and Companies
House).
- Oversee a central function for effective reporting and record keeping against all compliance
responsibilities, with all regulators - including ICO, Charity C, Companies house, HMRC,
etc.
- Lead on overseas compliance matters, including any requirement for local registration,
setting up of local payroll facilities and banking facilities., * With the support of Thomson's outsourced IT provider, leading on Thomson Foundation's
technology infrastructure strategy and needs, ensure an efficient and effective IT working
environment as well as compliance with relevant legislation, ensuring systems are
appropriate and in line with organisational need.
- Lead on the use of MS365 and associated applications across the organisation and acting
as gatekeeper for use of other cloud services, ensuring appropriate governance and controls
are in place where these are used, so as to both protect Thomson's information assets as
well as enable overseas team have the right tools to carry out their work.
Other
- Overseeing the space requirements of the UK office, liaising with the landlord, proactively
identifying any upcoming lease breaks and with the CEO, managing any changes to existing
arrangements.
- Ensure appropriate insurance coverage is in place at all times to cover the needs of the
organisation and its staff.
- Line management of a small team.
Requirements
- Qualified accountant (ACA, CIMA, ACCA or equivalent) with senior level experience (at least
Head of Finance or Financial Controller) gained within the charity / not for profit sector.
- Excellent financial technical skills including knowledge of Charities SORP, VAT and proven
experience of dealing with international donor compliance and finance requirements.
- Experience overseeing Technology and other operational functions in a charity / not for
profit, including managing financial software platforms and integrations with other
platforms (e.g. expense management/ invoice payment apps, Power BI) or able to
demonstrate a strong understanding and aptitude to develop this area.
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Experience of overseeing the governance function of a charity / not for profit.
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Experience of presenting data to senior leaders at Board and Finance Committee level, * Strong problem-solving skills with a track record of delivering modernisation and
improvements.
Personal attributes
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Collaborative, non-hierarchical working style.
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Ability to build partnerships with a wide range of individuals from diverse backgrounds.
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Not phased by having to carry out hands on financial tasks such as posting journals,
reconciliations and manipulation of data to obtain reports in the required formats, as well as
conducting the strategic functions of this role.
- Commitment to pursuit of results with a strong work ethic, organisational skills and a cando
attitude.
- Comfortable planning and delivering multiple activities under pressure to strict deadlines.
Benefits & conditions
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Salary : £90,000
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Full time, Permanent (37.5 hours per week) (4 days may be considered)
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Hybrid / London (staff attend the London office a minimum of two days per week, Tuesdays
and Wednesdays).
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Pension - 10% non-contributory.
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Annual leave - 25 days, plus public holidays. In addition to this, the period between
Christmas and New Year is granted as leave for all staff.
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Death in service - 4 x salary
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Private health insurance - full family cover available
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Employee Assistance Programme which includes access to a which has a range of included
benefits including shopping discounts and a wellbeing portal
- Virtual GP services via Health Hero