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Date Added: Sat 16/11/2024

Finance Manager

London, UK
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Company: ALLEN LANE

Job Type: Permanent, FullTime

Salary: £52,996 - £58,885 per annum

Academy of Medical SciencesFinance ManagerSalary: £52,996 - £58,885Permanent, flexible workingHybrid working, 1 day a week in officeOffice based at Portland PlaceClosest Stations Regent’s Park and Great Portland Street

The Academy of Medical Science are the independent, expert voice of biomedical and health research in the UK. The Academy’s vision is good health for all supported by the best research and evidence. Their mission is to help create an open and progressive research sector to improve the health of people everywhere. They do this by supporting researchers with innovative funding and career development opportunities; helping create a more sustainable environment for delivering outstanding research, and helping researchers to work with academia, the public, policy makers and industry to make the greatest difference to health

The Finance Manager is a high impact role, based in the Academy’s Finance Team, and will be responsible in advising across the organization. The Finance Manager is responsible for ensuring reliable financial reports, regulatory compliance, and analysis of financial reports. The role provides support to the Head of Finance by ensuring that key financial controls are in place and managed effectively, ensuring financial procedures are kept up to date and communicated to staff, and income is maximized by robust credit control and cash management.

Key areas of responsibility:

  • Oversee the processing of income and expenditure incurred by AMS group and ensure these accurately accounted for in the financial accounts and timely closure for month-end and year-end
  • Lead on the process of accurate and reliable financial accounts
  • Facilitate timely management and statutory reporting, and ensure compliance with statutory and regulatory requirements
  • Maintain accurate and up-to-date balance sheet for AMS group, ensure monthly reconciliations are performed
  • Ensure reconciliation of CRM (Salesforce) and booking system (Rendezvous) to finance system (Iplicit)
  • Lead the cash management of AMS group, to ensure sufficient cash flow to meet operational requirements
  • Process monthly payroll journals and resolve associated queries, ensuring that the Academy’s payroll expenditure reporting is timely and accurate and related balance sheet accounts are reconciled, including pension submission
  • Liaise with fellowship and fundraising team and lead the preparation, reconciliation and submission of accurate and timely gift aid claims, ensuring compliance with regulatory requirements
  • Ensure VAT is properly accounted for in line with regulations, and lead on the preparation, reconciliation, and submission of quarterly VAT returns for the AMS group to HMRC
  • Line management of the Financial Accountant and 3 Finance Officers

Who are we looking for?

  • A formally qualified Accountant
  • Relevant experience in financial management, forecasting, technical accounting and charity VAT.
  • An excellent communicator who is able to influence at all levels within the organisation.
  • Ability to work on own initiative, assess priorities and be proactive.

The Academy of Medical Sciences are fully open to sector experience. As such we welcome candidates from industry, charity or practice backgrounds.

The Academy of Medical Sciences are happy to partner with Allen Lane and Iain Slinn in the recruitment for this role. For a further discussion, please reach out to Iain.

Timetable:Closing deadline: Monday 2nd December

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