About the Society
The Imperial Society of Teachers of Dancing (ISTD) is a registered educational charity and membership association. Our mission is to educate the public in the art of dancing in all its forms: to promote knowledge of dance; provide up-to-date techniques for members and maintain and improve teaching standards.
With approximately 6,000 members in over 55 countries worldwide, the Society conducts over 120,000 examinations each year. We were recently listed by Ofqual as one of the top 20 largest awarding organisations in England and in the top 5 for delivery of performing arts examinations.
The Society aspires to be a world leader in dance education, setting the benchmark for best practice through our extensive syllabi and teacher training. We are committed to becoming a dynamic, future-focused organisation that promotes the social, cultural, physical, and educational benefits of dance for all.
Summary of the role
The Management Accountant will need to provide an efficient and proactive service to support and facilitate Financial Management, including preparation of monthly management accounts and commentary by liaising with budget holders, planning, managing, and delivering the budgeting and forecasting processes. This role will also be responsible for financial modelling to facilitate evidence based decision-support for the organisation.
This role will report directly to the Head of Finance.
Key Responsibilities:
Working closely with the Head of Finance, the Management Accountant will be responsible for:
- Corporate level (financial analysis and management):
- by providing support and guidance from a finance perspective (e.g. financial information and key performance indicators) to Heads of Department and Directorates enabling them to plan and manage the financial affairs of their Directorates and deliver financial plans (including budgets);
- financial forecasting including revenue and capital forecasting, forecast outturns and progress against plan; provide financial benchmarking and appraisal; link between strategy and resourcing; staffing requirements and financial sustainability of new and replacement posts;
- Corporate level (financial planning and sustainability)
- Annual budgets: including development of financial plans and budgets for presentation to SLT and the Board;
- Build a revised Chart of Accounts for the 24/25 budgeting process aligned with the organisation structure effective from April 2023, ensuring it is fit for purpose to be implemented in the Finance system (‘Iplicit’);
- To communicate and train all staff on how the account codes are to be used enabling financial transactions to be aligned with budgets in the Finance system;
- For progress against plan and forecast outturns; salary forecasting; cash forecasting; financial forecasting; balance sheet management.
- Provide training in financial management to faculty and directorate staff finance through workshops for non-finance managers.
- Undertake ad hoc, projects and development of financial policies as directed and guided by the Head of Finance.
- Manage the operational finance team in the absence of the Head of Finance.
Advantage
- Charity accounting experience.
How to apply
To apply as an Management Accountant please send a letter of application and CV to hr@istd.org. The letter of application should summarise what you are able to bring to the role and how you meet the person specification. The successful candidates will also be required to provide details for two recent references that can evidence skills and suitability to carry out this role, (whether in an employed or voluntary capacity).
The closing date for applications will be on Tuesday 5 December at 9am.
