Chief Financial Officer (CFO)

Recruiter
Raspberry Pi
Location
Cambridge, Cambridgeshire
Salary
£110,000 – £130,000 p.a. full-time equivalent, dependent on experience
Posted
15 Nov 2022
Closes
13 Dec 2022
Job Title
CFO
Category
Charity
Experience Levels
Director
Contract Type
Permanent
Hours
Full Time

Chief Financial Officer (CFO)

Location: Cambridge, UK
Salary: £110,000 – £130,000 p.a. full-time equivalent, dependent on experience
Basis: Permanent; full-time, part-time, or flexible
Eligibility: You must be eligible to work in the UK

We are looking to appoint a Chief Financial Officer to join the senior leadership team of the Foundation and help us realise our ambitious plans for global expansion and impact over the next decade.

Working closely with the Chief Executive and Executive team, you will be responsible for strategic financial advice to the board, budgeting and financial planning & analysis, identifying and managing risks, and managing the Foundation's investments to secure our long term sustainability. As part of this, you will play a critical role in managing the Foundation's shareholding in RP Ltd.

You will also act as Company Secretary, ensuring that governance is properly managed, particularly as we expand internationally. You will play a strategic role in helping us identify and proactively manage risks, and you will have oversight of our operations and fundraising functions, both of which are led by effective and experienced directors.

This is a unique opportunity to join the leadership of one of the most exciting educational nonprofits at the forefront of the movement to democratise computing education and tackle educational disadvantage.

We strive to make the Foundation a place where talented people who care about our mission can do the best work of their careers. We have a flexible and collaborative approach to all aspects of our work. If you’re the right person for the job, we’ll make it work for you, and you can be confident that you’ll be working with an exceptional team.

Main responsibilities

  • Provide strategic financial advice to the board.
  • Lead all aspects of budgeting and financial planning & analysis for the business.
  • Build, lead, and manage a highly skilled team, providing them with the clarity and support to enable them to do great work.
  • Develop monthly management accounts and accompanying analysis that help the board and managers to understand the performance of the business.
  • Prepare year end accounts, including consolidated accounts for the Group, that comply with all relevant Financial Reporting Standards and Statements of Recommended Practice.
  • Work closely with the finance and accounting team to ensure that all finance processes are managed effectively and high quality information is available to support decision making.
  • Ensure appropriate risk management techniques and financial controls are embedded throughout the business. Review and enhance the approach to risk management, ensuring that key risks are identified and mitigated as far as possible.
  • Provide an external interface with relevant regulatory bodies, banks, auditors, investment managers, and insurance consultants in all jurisdictions in which the Foundation operates.
  • Advise the Chief Executive and Board on all tax matters.
  • Advise the Chief Executive and Board on the investment strategy and oversee the Foundation’s investment portfolio.
  • Ensure that the Foundation is acting as a sound and responsible shareholder in relation to its commercial subsidiary, Raspberry Pi Ltd.
  • Act as Company Secretary, ensure that governance is properly managed across the Group and that all regulatory filings are executed appropriately.
  • Provide strategic oversight and support to the operations and fundraising functions.
  • As a member of the Executive team and wider Leadership team, contribute to the strategic direction, culture, and values of the organisation

Experience

We recognise that everyone has the potential for growth, and we welcome applications from candidates who can demonstrate that they have some, but not all, of the experience and personal attributes listed here.

  • A commitment to the mission and values of the Raspberry Pi Foundation
  • Significant experience in senior finance and leadership roles. At least five years as a Chief Finance Officer, with significant experience operating at board level.
  • Broader management and operational experience. An experienced manager and leader, with the ability to build diverse teams and support them to do great work; ideally you will have experience of managing remote teams.
  • Experience of working internationally, ideally including some or all of India, Ireland, Kenya, South Africa, and the USA.
  • Accountant qualifications – CIMA, ACCA, ACA or equivalent, with significant experience of budgeting and financial analysis & planning.
  • Experience of managing investments, ideally including experience of managing an endowment or significant shareholding in a commercial subsidiary.
  • Experience of identifying and managing strategic and operational risks effectively.
  • An understanding of good governance, with experience of working in different jurisdictions and regulatory contexts.
  • Articulate, with the ability to translate complex information for a range of audiences.
  • Natural collaboration skills, being able to work across teams, with a track record of working with colleagues to achieve results.

About us

The Raspberry Pi Foundation is a UK-based educational charity with a global mission to enable young people to realise their potential through the power of computing and digital technologies.

Established in 2008 and first known for our product - the Raspberry Pi computer - the Foundation has developed education programmes, learning experiences, and products that are helping millions of young people learn vital new knowledge and skills.

We are an operating Foundation, meaning that we advance our mission through practical action rather than primarily through giving grants. Through Code Club and CoderDojo, we support the world’s largest networks of free computing clubs; we have trained tens of thousands of teachers; millions of young people use our free learning resources to learn how to code; and our research is helping to elevate the whole field of computing education.

Across all of our work, we are focused on supporting young people who experience educational disadvantage or who come from backgrounds that are traditionally underrepresented in the field of computing. Our resources are used all over the world and we are particularly focused on expanding our impact in six growth markets: India, Ireland, Kenya, South Africa, United Kingdom, and the USA. We are entering an exciting new phase, with ambitious plans to expand our impact globally.

The Foundation is the parent company of a group of organisations including: Raspberry Pi Limited (UK); Raspberry Pi Foundation North America (USA); CoderDojo Foundation (Ireland); and Raspberry Pi Education Services (India). In 2021, the Group had a combined turnover of over £100m.

Raspberry Pi Limited (RP Ltd) is the commercial trading subsidiary of the Foundation, responsible for all aspects of the design and distribution of Raspberry PI computers and associated products.

The Foundation’s income comes from a mix of profits from RP Ltd, contracts for the provision of educational services, and philanthropic donations from corporates, trusts, and individuals. In 2022, the Foundation will spend c. £12.2m on advancing its educational mission.

The Foundation has a Financial Controller and a finance & accounting team of three qualified and part-qualified individuals, who are responsible for supporting the whole Group, other than RP Ltd which has its own CFO and a separate finance function.

We are at the forefront of the global movement to help young people learn about computing and digital making. You can read more about our mission, values, and goals in our Annual Review 2021 and our Strategy 2022–2025.

Benefits

In addition to competitive salaries, we offer a range of benefits for all of our colleagues, including:

  • 25 days’ annual leave
  • Generous company pension scheme with 8% employer and 4% employee contributions
  • Private healthcare
  • Life assurance and long-term illness insurance policy
  • Investment in professional development and learning
  • Flexible work hours as needed, to fit around childcare or other commitments
  • Generous family leave policy
  • Cycle-to-work scheme and season ticket loan

Timetable for applications:
Closing date: 9am on Monday 5th December 2022
Phone screen: No later than week commencing 5th December 2022
First interviews: Week commencing 12th and 19th December 2022 at a convenient time, in person at our Cambridge office
Final Interviews: Week commencing 2nd and 9th January 2023

More searches like this