Head of Finance Part Time, Art Studio
Posted 1 day 16 hours ago by Handle Recruitment
Head of Finance Part-Time, Art Studio
Contemporary art studio dedicated to fostering creativity, collaboration, and innovation in the art world is 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.