Finance Director

Reports to: Chief Executive Officer
Department: Events
Number of reports: 1

Role Summary

The primary function of the role is to direct and oversee the financial and audit activities of the organisation, including Central Hall Westminster Limited (Company) and its parent entity, Methodist Conference Property at Central Hall Westminster (Trustees).

The Finance Director is a member of the Board of Directors of the Company and contributes, together with the Executive Director team and the General Management Team (GMT), to the development, implementation, and delivery of Company strategy. The Finance Director provides sound and insightful financial advice to the CEO, COO and Board of Directors, ensures the organisation’s financial controls are robust, and evaluates threats and opportunities to the organisation. This role requires a deep understanding of the event industry and partnering with our charitable organisation, its regulations, and reporting requirements.

The Finance Director works closely with the heads of departments to ensure the Board, shareholders and other stakeholders receive timely, reliable, and relevant financial projections and analyses.

Central Hall Westminster (CHW) Ltd is owned by Trustees appointed by the Methodist Church; as such we aim to conduct business in line with the ethics of the Methodist Church and our Central Hall Venues (CHV) values. CHV is the brand name for the portfolio of venues run by CHW Ltd.

Location 

The role is based at our principal venue in Westminster with travel to existing and potential venues in the UK.

Duties & Responsibilities

Day to day operational planning

  • Overseeing the development and monitoring of the organisation’s (Company and Trustees)
    short- and long-term financial strategies.
  • Directing the day-to-day finance processing, reporting, management, and control functions
    ensuring compliance with relevant statutory and fiscal and lending requirements.
  • To oversee preparation and review of annual budgets, analyse the risk of its activities and
    growth and advise the board of directors on the risk and return of activities.
  • Supporting the growth of the CHV brand through the integration and development of existing
    venues and evaluating the future opportunities.
  • Partnering with senior officers including CEO, COO to grow and strengthen CHV to deliver
    business strategy.
  • Oversee the production of parent company financial reporting, projections, and analyses, liaising
    with the Treasurer of Trustees.
  • To lead in the upgrade and development of the Major Incident & Business Continuity plan for
    Westminster including remote or offsite set-up of the team and to implement measures
    designed to safeguard the management needs of CHW in the event of major incidents or
    disasters.
  • Act as the Company’s compliance officer for data protection and anti-bribery / corruption.
  • Lead on grant applications and compliance / reporting.
  • Oversee payroll and pension processes and compliance.
  • Establish an inclusive culture and positive team working environment, promoting equality, diversity, and inclusion at every opportunity.

This list of duties and responsibilities is not exhaustive, and the post holder may be asked to carry out other duties through discussion with line manager as required by the business.

Area of duty and responsibility

Leadership

  • To model CHV values to all.
  • To ensure that the team is working in a positive way and feels engaged with Central Hall Venues and its values and culture.
  • To contribute at annual strategy setting meetings.
  • To support the establishment and communication of vision and goals.
  • To contribute as a board director and member of the General Management Team.

Governance, Risk & Compliance

  • To ensure the organisation is compliant with statutory, fiscal, and
    regulatory body requirements in its commercial activities.
  • To contribute to the enterprise risk management processes.
  • To commission/draft relevant performance review and decision
    papers for quarterly board meetings.
  • To ensure reporting & monitoring of venue KPIs

Technology

  • To champion the adoption of new technologies.
  • To develop existing technologies, including Microsoft Office.
  • To oversee continued development of department specific software and or systems, championing their use and ensuring efficiencies and continued development of each system.

Budget Accountability

  • To propose and present the annual budget, medium term financial plans, forecasts and cashflow projections.
  • To monitor costs against budget, identifying and addressing variance or potential overruns.
  • To prepare and analyse key performance indicators, revenues, and profit margins for discussion with appropriate stakeholders.
  • To oversee control and forecasting of key service provider costs and supplier contracts.

Human Resources

  • To manage, develop, and empower the team.
  • To recruit team members, ensuring adequate resource to deliver
    projected activity, within agreed headcount and budgets.
  • To work with team to agree clear, relevant, and actionable targets.
  • To provide ongoing performance management support.
  • To provide mentoring and coaching to support team to deliver on
    or above expectations.
  • To identify training and development needs and to work with team to achieve potential.
  • To plan and co-ordinate the team’s work schedules to ensure
    effective delivery of team objectives and responsibilities; and
    ensure an appropriate work/life balance for team members.

Health and Safety

  • Co-operate with the company to ensure compliance with health and safety legislation and the health and safety policies and procedures, not intentionally or recklessly interfere with, or misuse, anything provided in the interests of health, safety, or welfare, in pursuance of the relevant statutory provisions.

General Responsibilities

  • Always comply with current legislation and respect the
    confidentiality of information in-line with the requirements of the
    Data Protection Act 2018.
  • Adhere to all company policies, procedures, and business ethics
    codes.
  • Attendance at company meetings and training courses as required.

Skills and Capabilities

Essential

  • Experience at a senior level within finance, ideally to board level
  • Excellent communication skills both oral and written.
  • Excellent Microsoft Office skills including Excel
  • Excellent problem-solving skills
  • Leadership skills to manage and motivate senior management and to manage internal and external conflicts
  • Time management skills
  • The ability to use judgment to make decisions
  • The ability to prioritise between tasks and delegate appropriately
  • Excellent planning skills to implement strategies to meet the
    organisation’s goals set by the board of directors
  • An understanding and sympathy to the values of the Methodist
    Church
  • An ability and experience of leading a senior team

Desirable

  • Experience of Xero accounting software
  • Exposure to HR, facilities management, ICT, health and safety,
    compliance, and data protection
  • Events/Service industry experience

Purpose & Values

CHV require all roles are to be carried out in line with our purpose and values.

  • Purpose – To provide an environment where individuals have an opportunity to be inspired.
  • Values – Commercial, Service-Minded, Generous, Ethical, Tolerant

You are able to apply by submitting your CV to Recruitment@chvenues.com

Applications close Friday 5th July 2024