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Head of Finance Part Time, Art Studio

  • Location: London
  • Salary: £55,000 - £60,000 per annum + Bonus + Package
  • Job Type:Permanent

Posted 6 days ago

  • Sector: finance
  • Type: remote
  • Contact: Tom Chadwick
  • Contact Email: tom.chadwick@handle.co.uk
  • Expiry Date: 14 February 2025
  • Job Ref: BBBH111346

Head of Finance Part-Time, Art Studio
Contemporary art studio dedicated to fostering creativity, collaboration, and innovation in the art world are looking for a highly skilled and motivated Part-Time Head of Finance to join their team and oversee the financial management of the studio.

Role Overview:
As the Head of Finance, you will play a pivotal role in ensuring the financial health and strategic growth of our art studio. You will manage the day-to-day financial operations, provide insightful financial analysis, and contribute to key decisions that drive the future of the studio. This is a flexible, part-time role, ideally suited for someone with a passion for both finance and the arts, and who thrives in a dynamic, creative environment.

Key Responsibilities:

Strategic Financial Leadership

  • Optimise the group's financial health and sustainability.

  • Provide financial leadership and align business and finance strategies with the founders'

  • Act as a financial and relationship partner to advisors, clients, galleries, museums, and investors.

Financial Operations and Oversight

  • Review, optimise, and negotiate financial and finance-related terms with the studio's clients.

  • Assess and manage risks, debt, and revenue streams.

  • Oversee balance sheets, income statements, and cash management.

  • Generate detailed and accurate financial reports at both company-wide and project-specific levels for directors, business partners, and external stakeholders.

  • Manage cash flow, including projections and ensuring funds availability.

  • Maintain strong banking relationships and strategic alliances with vendors and business partners.

Compliance and Reporting

  • Prepare and oversee annual filings for the UK and assist in the phased closure of the studio's German entity.

  • Supervise the preparation and filing of VAT returns (with support from the Finance Assistant).

  • Ensure compliance with HMRC PAYE regulations.

  • Keep the studio's financial processes aligned with best business practices and industry standards.

Budgeting and Analysis

  • Lead regular forecasting and budgeting meetings with project teams.

  • Conduct financial analysis of performance, projects, and budgets to provide actionable insights.

  • Prepare and oversee monthly management reports and financial analyses.

Team Leadership and Development

  • Direct and manage finance staff, ensuring appropriate motivation, development, and performance standards.

  • Provide financial advice and guidance to production managers and staff to support their goals.

  • Develop and maintain effective financial systems and procedures for streamlined management.

Operational and Contractual Management

  • Monitor external contracts and services provided by suppliers, ensuring effectiveness and value in collaboration with the production manager.

  • Ensure the company meets all financial and legal obligations, taking necessary actions as required.

  • Administer payroll processes efficiently and accurately.

Requirements:

  • Proven experience in financial management, preferably within creative industries or project-based environments.

  • Strong understanding of financial regulations and compliance requirements in the UK (experience with international entities is a plus).

  • Excellent analytical, organisational, and negotiation skills.

  • Ability to build and maintain effective relationships with stakeholders at all levels.

  • Experience with cash flow management, budgeting, forecasting, and financial reporting.

  • Leadership experience, including team management and development.

  • Advanced proficiency in financial software and tools.

  • This is an exciting opportunity to take on a leadership role at a globally recognised contemporary art studio, contributing to the financial and strategic growth of the organisation

Handle actively welcomes applicants from under-represented backgrounds - we pride ourselves on attracting the best talent for every opportunity through a commitment to equality, diversity and inclusion.