Financial Controller

About the role
Ensures robust financial management and that an efficient and effective operational finance service is provided to Tate and Tate Foundation. The role holder will be required to continuously review and improve processes, systems and controls to deliver the highest level of accuracy in financial reporting.

About your team
The Financial Controller’s team are responsible for all financial reporting, audit, tax, treasury, transaction processing and Capital Projects. There are also separate finance teams in Tate Enterprises Ltd responsible for the financial management of Tate’s commercial subsidiaries.

What you will gain
Motivated, and skilled people are key to our continued success, and we want everyone at Tate to have the opportunity to develop and thrive. In this team, you will be encouraged to contribute your ideas, realise your potential, and learn new skills and knowledge.

What you will do (Main Duties and Responsibilities)
• Management of the financial accounting and control team ensuring
o High quality outputs from the team in line with the demands and requirements of Tate
o Accurate reporting of financial statements at each month end in line with Charities SORP
o Regular review and updating of restricted reserves position
o Continuous review and improvement of processes, systems and controls
• Planning and leading of the year end process
o Management of the production of the statutory accounts and C-pack
o Management of the resourcing and completion of the external audit
o Lead contact with the external auditors
• Treasury management
o Working with the Head of Financial Planning and Analysis to identify opportunities to improve working capital to either build reserves or invest in profitable growth
• Prepare papers for Trustee and Sub-committee meetings
• Be the finance expert within Tate to advise (or seek external advice) on financial matters to aid Tate to achieve best Value for Money in its contracts
• Lead, support and develop direct reports and cultivate a can-do approach and an appetite for learning across the team
• Review claims and returns including Gift Aid, Exhibition Tax Relief and VAT to ensure returns are filed in a timely and accurate manner and to optimise tax approach.
• Responsible along with the CFO and Head of Financial Planning & Analysis for actively promoting and managing fraud action within Tate
• Ad-hoc projects and tasks as required

What you will bring to the team
Essential
• A recognised accountancy qualification with significant post qualification experience, ideally including in a regulated environment such as a not for profit / public or cultural sector organisation.
• Previous Financial Controller or similar experience with a proven track record of operating in a complex and challenging environment.
• Experience of charity accounting and implementing Charities SORP
• A proven track record of managing and developing high performing teams
• Proven communication and interpersonal skills in working with senior staff and ability to relate to non-financial budget holders and staff.
• Evidence of developing systems, process and policies and managing their implementation around programmes of improvement, efficiency and development
• The ability to prioritise activities and manage own time and that of others to ensure tasks and projects are completed to deadline
• Demonstrate a flexibility to adapt to change and resilience in the face of pressure
• Experience in writing reports for directors or Trustees.
• Experience of working as part of a team and on own initiative.
• Experience of developing and maintaining Finance systems.
• Ability and interest in taxation, including detailed PAYE and VAT knowledge.
• A commitment to, and understanding of, the principles of diversity and the ability to take an active role supporting Tate’s diversity objectives and creating a positive and inclusive working environment
• An interest in and commitment to the work of Tate.

Desirable
• Experience of Unit 4 (financial system).

Museum Website: https://careers.tate.org.uk/members/modules/job/detail.php?record=530