Finance Director & Company Secretary
Based in the Sussex countryside, Glyndebourne creates world-class transformative opera in a year round operation with a turnover of circa £30 million.
As Finance Director you will be responsible for managing the day to day financial operations of Glyndebourne Productions Limited (GPL) and its trading subsidiary; Glyndebourne Enterprises Limited (GEL), ensuring the long term financial stability and independence of the Charity and Company. This involves working closely with the Board of Trustees, executive management team and Heads of Department.
In your capacity as Company Secretary, you will be responsible for ensuring that Board meetings are effectively organised and minuted, maintaining effective records and upholding the legal requirements of governing documents.
You will be an ACA qualified accountant with a minimum of 5 years post qualification experience including financial and management accounting. Able to work collaboratively with your team and in partnership with budget holders, you will ensure the quality of advice and information provided and appropriate analysis.
You will have the experience and confidence to work in cross-functional teams and influence at a senior level. Previous experience in a charity or arts environment would be an advantage.
Key Tasks and Responsibilities
- Strategic input to maintaining financial independence – development of potential new sources of income and increased operating efficiency, leading on financial analysis and working closely with HODs across the company.
- Responsibility for managing the budgeting process and preparation of Finance Report for Board meetings.
- Responsibility for Audit & Finance Committee Meetings – drafting agenda and preparing/collating relevant papers.
- Support the Trustees as required with financial and strategic analysis.
- Relevant monthly financial reporting to the senior management team.
- Work closely with the Retail team in developing the retail strategy and monitoring return on investment.
- Work closely with the fund-raising team to manage reporting of funds raised and to ensure the strategic use to further the charity’s objects.
- Work with the team in America to monitor the financial position of Glyndebourne Association America Inc, ensuring that designated income is approved for transfer to GPL in a timely manner.
- Management of key relationships, including Lloyds, Rothschild, Capital Group (investment managers) and Capita (pension administrators), the latter in conjunction with the Head of Governance and Compliance.
- Support the pension Trustees with management and oversight of the Christie pension and life assurance scheme including the annual audit and liaison with the investment managers.
- Management of investments and the income thereon in keeping with investment policy.
- Approve weekly and monthly payrolls.
- Cash optimisation through in house cash management and use of investment managers to ensure sufficient funds available to meet our financial commitments as they fall due and to build reserves sufficient to continue to invest in artistic, audience and staff imperatives in order to maintain our competitive advantage.
- Develop relationships with peers in other UK opera houses and arts institutions to share best practice and ensure that Glyndebourne remains pioneering and works to the highest standards of excellence.
- Maintenance of policies, processes and systems to ensure effective financial control.
- Ensuring all statutory returns and regular reporting such as VAT, Arts Council, Statutory Returns and Charity Commission are completed accurately and on time.
- Management of the external audit process and preparation of the annual accounts for both the Charity and trading subsidiary.
- Support external auditors in their preparation of the tax returns for GPL and GEL, including theatre tax relief calculations.
- Responsibility for filing the appropriate documents with HMRC and the Charities Commission in a timely manner.
- Preparation of Valuation Office Agency reports annually for the Opera House, GEL and wind turbine.
- Support Heads of Departments on all finance related matters.
- Performance management of all direct reports.
- Maintenance of Company Registers and the Articles of Association
Knowledge, Skills and Experience
- Minimum 5 years practical accounting/finance experience post qualification
- ACA Qualified
- A high level of written and oral communication skills, including the ability to relate well to people on all levels
- Strong analytical ability and methodology
- Strong financial and commercial acumen including the ability to develop long-term financial plans
- Possess a good understanding of legal issues, liaising with regulatory authorities and solicitors
- Advanced Excel to include pivot tables, VLOOKUP, graphs and tables, filters and sorting
- Have a successful track record of leadership, management and strategic delivery
- Credibility with senior managers and ability to influence others
- Knowledge of PS Financials and Tessitura
- Previous experience in a charity or arts environment
- Interest in the Arts
Salary and Benefits
We will offer a competitive remuneration package, details available upon request. Salaries are reviewed annually on 1st January.
The contractual hours of work are 35 per week.
We offer 5.6 weeks holiday per year rising to 6.6 weeks after 5 years including public holidays.
We have excellent on-site subsidised catering facilities, can offer a beautiful working environment, the opportunity to see world class opera and for those without their own transport we have a free minibus service to and from Lewes railway station and a season ticket loan scheme.
How to Apply
The closing date for applications is Friday 10 May 2019
We are an equal opportunities employer
* NO AGENCIES PLEASE *