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Non-Executive Director - FINANCE

SOMERSET FOOTBALL ASSOCIATIONGLASTONBURY, SOMERSET

30+ days ago

Salary

£75,000.00–£90,000.00 yearly

Job description

Organisation SOMERSET FOOTBALL ASSOCIATION Salary Expenses only Location GLASTONBURY, SOMERSET Contract type Volunteer (Part time) Closing date 9 August 2024 Interview date 2 Job Description The NED (Finance) will :

Be responsible for ensuring the Somerset Football Association has robust financial controls and secure systems of risk management, and therefore will require relevant financial experience and competency in accounting and / or auditing
Work closely with the existing Board, ensuring they are informed through relevant and timely information, allowing more robust decision-making.
Be required to form a strong relationship with the CEO and Financial Administrator, providing support and acting as a sounding board on all financial matters
To direct and monitor the business affairs of the Association by determining the vision, strategy, plans, policies and financial investment required to achieve the overall long-term business objectives.
Oversee the financial planning of the Association by analysing its performance and risks, overseeing the management of risk to the Association.
To chair the Audit Committee (minimum of two meetings per year).
Retain constant awareness of the Association’s financial position and act to prevent problems.
To supervise and produce the annual budget in collaboration with the CEO and Finance Administrator.
To set financial objectives for the association.
To monitor the financial affairs of the Association through reports provided by the CEO, ensuring effective use of resources.
To support the development of the Finance Administrator, including signposting to external finance training.
To advise the Finance Administrator to prepare any finance procedures where and when appropriate.
To support the Finance Administrator to ensure robust monthly P & L / Budgets.
To present monthly report to Board on P & L Account / Budget.
To advise CEO on investment issues.
To be aware of the Associations pension scheme, including any changes and the impact on finance.
To attend meetings with the Associations accountants, as necessary.
To lead on recommending continuance or replacement.

Knowledge and Experience

Finance and / or accountancy qualifications.

In-depth knowledge of corporate finance and accounting principles, laws and best practices.

Sound knowledge of financial analysis and forecasting.

Sound knowledge of effective risk management.

Ability to understand business accounts at an appropriate level (P&L, budgeting, financial reporting, resource management, etc).

Proven ability to solve problems and make decisions in a timely manner, in line with the strategy of the organisation.

Ability to select priorities for Somerset FA and act accordingly.

A commitment to Equality in all areas, demonstrating a working understanding and application of inclusion, equality & anti-discrimination, safeguarding and best practice.

An understanding of Safeguarding of Children and Young people and Vulnerable Adults.