Schools of Tomorrow Request (Portfolio)

Organisation Description

Schools of Tomorrow is a community interest company (CIC). Established in 2013, by and for school leaders, we work together as a support network of schools to achieve better outcomes and shape a better future for our young people by engaging with the communities in which we work.
Our members are schools and school leaders committed to the idea that the most effective schools are those that combine academic attainment with involvement at the heart of their communities and a broader shared vision of quality and purpose.

What are they looking for?

They are seeking a new Finance Director to play a crucial role in ensuring the financial stability and integrity of Schools of Tomorrow. As a member of the Board, the Finance Director will oversee our financial strategy, ensure robust financial management, and provide financial guidance to support our mission and objectives.

Key Responsibilities:
1. Financial Oversight:
- Prepare and monitor the company’s financial statements, budgets, and financial plans.
- Ensure that financial records are accurate, transparent, and comply with legal requirements.
- Oversee the preparation and presentation of financial reports to the Board
- Approve payments online as needed
2. Strategic Planning:
- Contribute to the development and implementation of our strategic plan.
- Ensure financial considerations are integrated into strategic decision-making.
3. Risk Management:
- Identify and manage financial risks.
- Ensure the company has appropriate financial controls and procedures in place.
4. Compliance and Governance:
- Ensure compliance with relevant financial legislation and regulations.
- Ensure the company meets its obligations in relation to financial reporting and auditing.
- Act as a liaison with accountants during annual audits.
5. Support and Advice:
- Provide financial guidance and support to the Board, member council and staff.
- Advise on financial implications of strategic and operational decisions.
6. Fundraising and Resource Management:
- Assist in the development and implementation of fundraising strategies.
- Ensure the effective and efficient use of the company’s financial resources.

Skills and Qualifications:
- Professional Background: Experience in finance, accounting, or a related field. Relevant qualifications (e.g., ACA, ACCA, CIMA) are highly desirable.
- Knowledge: Understanding of charity and social enterprise finance and regulatory requirements.
- Analytical Skills: Strong analytical and problem-solving skills.
- Communication: Excellent communication and interpersonal skills, with the ability to present financial information clearly.
- Integrity: High ethical standards and a commitment to the organisation’s values and mission.
- Experience: Previous experience in a trustee or non-executive role in the charity or not-for-profit sector is beneficial but not essential.

Personal Attributes:
- Commitment to our mission and values.
- Strategic thinker with the ability to contribute to long-term planning.
- Collaborative approach, able to work effectively as part of a team.
- Attention to detail and a proactive attitude.

- Opportunity to make a significant impact on in our work improving the life chances of young people.
- Professional development and networking opportunities.
- Reimbursement of travel and any other necessary expenses incurred in the role.

Term: 3 years renewable
Commitment: 6 – 10 hours a month including six board meetings a year, mostly online.