Head of Finance - part-time

London EC4A
30 Nov 2018
17 Dec 2018
Contract Type
Part Time

Salary: Circa £70k FTE per anum.

Location: London, EC4A

Responsible To: Chief Financial Officer

Contract Type: Job-share, 3 days per week, Permanent.


About Big Society Capital

Big Society Capital’s aim is to improve the lives of people in the UK by connecting investment to charities and social enterprises that are creating social change.We engage with investors, fund managers, charities and social enterprises to make it easier to use social investment. With our co investors,we have made over £1bn of new capital available to organisations with a social mission, through investments into fund managers and social banks. We have a special focus on: providing homes for people in need; supporting communities to improve lives; and early action to prevent problems.

Purpose of Role:This position is responsible for leading and managing the Finance team and their deliverable's, ensuring tasks are completed in a timely manner and to a high standard. In addition, the position will assist the CFO in preparing and presenting papers for Board and senior management committees. The Head of Finance acts as a key business partner to internal colleagues and external partners and provides value-add decision support and insight.

Internal Contacts: Work in the Finance team consisting of the CFO, Head of Finance (job-share), Senior Finance Manager and one Management Accountant. Extensive contact with all members of staff, particularly the Investment team, the Legal and Compliance team and the Operations team. Contact with Executive Committee and Board members.

External Contacts: Investees, auditors, bank, treasury management providers, regulatory advisers, FCA, HMRC.

Other Requirements: Ability to work in a small team, being hands on and able to pick up any tasks performed within the team, as well as providing managerial

Key Accountabilities:
• With the CFO, develop and implement financial policy, systems and strong financial controls that reflect BSC’s current and future requirements.
• Ensure appropriate internal and external reporting and financial analysis to meet the organisation’s needs and in accordance with statutory requirements.
• Develop a strong and capable Finance team.
• Manage the financial planning processes, including preparation and monitoring of BSC’s long term financial forecast,including investment returns and departmental spends.
• Monitor and manage BSC’s liquidity and treasury performance effectively, so that funds are available when required.
• Evaluation of potential additions to the Treasury portfolio (Impact Funds) and present recommendations to Exco/BSC


Key Accountabilities:
• Provide guidance to the Investment and Legal teams on operational financial aspects of investment deals and other projects, including taxation issues.
Stay current with and apply accounting, tax and regulatory standards, guidance and legislation.
• Review and develop processes for the valuation and financial monitoring of BSC’s social and treasury investment portfolios.
• Support the CFO in reviewing quarterly Valuation Committee papers.
• Support the CFO in the development of BSC’s financial and wider risk management processes. Engage with Exco and Audit Committee members on these issues.
• Preparation of papers for Board and Audit Committee meetings and for meetings with Bank shareholders.
• Undertake project work to support the development of BSC and the finance function.

• Deliver the FCA Gabriel financial reporting (with the exception of Close Links).

• Maintain adequate controls to ensure the firm is not receiving Client Money or Client Assets.

Experience - Essential:

• Qualified accountant (ACA, ACCA, CIMA or CA)
• Sound and up to date knowledge of UK GAAP.

• Preparation of reports and analysis on the performance of the business.

• Development of internal control procedures and frameworks.

• Team management.
• Deliver the FCA Gabriel financial reporting (with the exception of Close Links).
• Maintain adequate controls to ensure the firm is not receiving Client Money or Client Assets.
• Investment management, Fund Accounting or financial
services experience.


• FCA regulatory reporting

.• Previous experience in a similar position.

• Charity or not-for-profit organisation experience.
• Social Investment experience.
• Strong post qualified experience.
• Experience of supporting Risk management programmes.
• Knowledge of IPEV valuation guidelines.

Special Aptitudes:

• Strong IT skills, particularly Excel.

• Relevant knowledge of accounting IT systems.

• Solid verbal and written communication skills, including ability to influence others and prepare clear reports.
• Embraces complex data.
• Ability to apply statutory principles, guidelines and legislation in practice.


• Strong team player
• Builds solid relationships with key stakeholders.

• Superior judgment, discretion and utmost integrity.

• Flexibility to adapt to Job-Sharing model and willing to take on different tasks as required.

• Commitment to supporting positive social impact in the UK.

Thinking Style:

• Analytical with excellent attention to detail.

• Exceptional planning and organisational skills.


• Able to work outside of standard working hours on occasion to meet deadlines.

• This position is a job-share with the existing Head of Finance.Once in post, both partners will work 3 days each.


Our Values: We believe that successful organisations are purpose driven, performance orientated and principles led. The following five organisational values have become our ‘guiding beacon’:

Purposeful: We are passionate and energetic in our work to bring about our long- term vision of a thriving social investment market that enables positive social impact. 

Pioneering Spirit: We give our team the autonomy and flexibility to be entrepreneurial and creative. We have the courage to push boundaries and have a restless drive for change.

Openness: We listen, learn, experiment and collaborate. And we are adaptive and flexible in esponding to what we learn.

Rigorous: We take a rigorous approach in all we do. We expect the highest standards and continually strive for excellence. Respectful: We are genuine in both our approach and aspiration. We value each member of your team and our partners for what they bring.


We are a diverse organisation with employees from a range of backgrounds that seeks to reflect and represent the range of experiences within UK society. BSC is looking for a highly motivated individual that will share our values, can demonstrate the behaviors that will enable our organisation to succeed, and will be able to bring the following range of experience and skills:


Benefits of working for Big Society Capital:
We will ask a lot of successful candidates – but in return working life at Big Society Capital offers:
•The privilege (and responsibility) of working in a globally pioneering organisation, backed by a substantial balance sheet.
•The chance to work with top-flight colleagues, who are a source of support and encouragement.
•Formal training and learning opportunities.
•Salary and benefit package that is very competitive that includes contributory pension plan, health insurance, childcare voucher scheme and other benefits.

How to apply:
Application is by covering letter and CV sent to either, Mark Crowley - 

Closing date for applications: 09:00 on 17th December 2018 .
All applicants must have existing Right to Work in the UK
Big Society Capital is an equal opportunities employer

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