We are looking for a Finance Director to join the National Theatre Finance Team.
We are looking for a Finance Director to play an integral role in leading the National Theatre, ensuring our finances are carefully managed to support financial sustainability and our resources are deployed effectively to match the scale of our ambitions.
You will report to the Chief Operating Officer, sit on the Senior Leadership Team (SLT), and lead a well-developed and effective finance team of 38 that is centrally positioned in the organisation and works with all departments.
This opportunity comes at an exciting time for the National Theatre. Our audience numbers have returned to pre-pandemic levels, our digital offer was turbo charged during the pandemic and continues to grow and our global reach is at record levels with increasing ambition. Despite the financial challenges presented during and following the pandemic, the real term cut to our state subsidy of 53% over the last 14 years and the on-going challenge of high inflation to our financial model, we have confidence in our financial outlook. Our five year Entertain and Inspire Strategy and accompanying business plan identifies a glide path to deliver a break even revenue model by 2026/27, with sufficient financial resources to support until that point and current unrestricted reserves at their target level of £15m.
In addition to this break-even revenue model challenge, we have a concurrent urgent need to upgrade the infrastructure of our Grade II* listed building to ensure our facilities are fit-for-purpose for world-class artists to make their best work. Two key steps forward in delivering to this challenge are a UK Government capital grant of £26.4m announced in the Spring 2024 Budget, and the launch of our £125m revenue and capital funding campaign, Stories Start Here, the most ambitious campaign in our history.
The Finance Director will play a key role in supporting this funding challenge, leading the on-going management of our resources to ensure the NTs long term financial sustainability, whilst ensuring sufficient resources to meet our key objectives, including our artistic and audience reach ambitions.
The successful candidate will have the following:
Qualified accountant with a strong understanding and experience of statutory accounts, financial controls and procedures, tax and other financial regulatory compliance, management accounting and complex management reporting
Experience in financial planning and strategy for a complex organisation, including risk management (ideally within the charity sector)
Experience setting and monitoring of budgets and longer-term financial plans, and development of management information and reporting tools to monitor and explain progress against financial plans and assess the organisations’ financial health
Experience presenting complex financial information to Boards and other non-financial users
A positive, inclusive and collegial leadership style with the ability to inspire, coach and motivate others to deliver excellent and efficient services
If that sounds like you, this may be the role for you!
Download the Job Description here.
Working with us will give you…
Complimentary staff tickets for shows and backstage tours, subject to availability and policy
25 days annual leave increasing up to 32 with length of service (plus bank holidays)
Training and Development Programme via e-learning platform, and specialist in-person training relating to role
Hybrid and flexible working, subject to agreement and policy
Access to interest-free season ticket loan and cycle scheme partnership
Generous sick pay
Family-friendly employer – we are a member of Parents and Carers in the Performing Arts (PiPA)
Pension schemes with Legal & General and NEST
Sabbatical option, subject to agreement and policy
On-site staff canteen and social facilities
On-site Occupational Health support
In-House Mental Health and Wellbeing Advisors providing workplace counselling and support
Wellbeing programme of events including mental health awareness, financial wellbeing, skills sharing and opportunities to get active
Exclusive staff talks to hear more about NT productions, past and present, from some of the world’s leading practitioners
Discounted access to NT at Home
Volunteer Leave – paid day a year to volunteer for your chosen charity
Discounts in the NT’s bars, cafes, restaurants, and bookshop, as well as in local businesses (from Wagamama to gyms, on and around the South Bank)
Access to retailer discounted gift cards and a cash-back-on-spending card
Please note
The closing date for the receipt of a completed application is Sunday 27th October 2024 at 11:59pm.
We support and encourage people from a variety of backgrounds, experiences and skill sets to join us and help shape what we do. As users of the disability confident scheme, we guarantee to interview disabled applicants who meet the essential criteria for our vacancies.
If you would like to speak to someone about any adjustments or have any questions you can email recruitment@nationaltheatre.org.uk and we will be in touch with you to make the necessary arrangements.
People Department 2024