Job description
About Somerset House
Somerset House is the home of cultural innovators, sitting at the meeting point of artistic and social practice. We host the UK’s largest and most exciting creative community right in the heart of London.
We welcome 3 million annual visitors to share our unique combination of cultural events, the creative industries and history. It is this mix that informs and powers our programme and our organisational culture, making us a singular, compelling and inclusive place to visit and work.
Somerset House pursues a spirit of ‘Step Inside, Think Outside’ for everyone, regardless of age, stage or background. It is a place to escape the comfort zone in the safest way. It freshens minds, eyes and the world at large.
About the Role
As the home of cultural innovators, Somerset House connects creativity and the arts with wider society. By merging worlds, minds and talent, it intensifies creativity and multiplies opportunity, driving artistic and social innovation at once. Our creative community is at the heart of our mission, with over 600 organisations based in the building (known as Residents).
The Residents Team manage part of this dynamic, expansive creative network. We foster a mutually supportive community through resident collaboration, engagement and facilitated opportunity within our ecosystem and wider networks, our charitable mission, and the wider cultural programme. This ongoing cycle of collaboration and innovation takes young businesses and developing creatives in ever new directions.
We are seeking a Resident Business Analyst to oversee the financial management and administration of the departments finances, financial systems, processes, and records in order to maximise sales targets, improve systems and meet organisational OKRs.
What you will do:
Budgeting & Forecasting:
- Develop and maintain a database of resident records to optimise all budgeting, financial, and relationship management processes.
- Administer and coordinate all department financial systems, tracking all income and expenditure, bookkeeping, invoicing, and updating all relevant documents.
- Liaising with the Finance team regarding monthly financial results and forecasts, year end and other relevant operational tasks.
Manage & Analyse Data:
- Maintain databases and records. Analyse data to identify areas to improve processes and systems.
- Lead on generating metrics to capture key results and drive performance.
- Compile, analyse and evaluate information for reports to optimise information flow and identify business objectives and success factors.
Systems Management:
- Continuously improve existing business processes and strive to develop new ones to improve efficiency. Lead on projects to standardize processes and share best practice across communities.
- Ensure appropriate policies, procedures and processes with respect to financial operations, GDPR and data protection are followed.
- Oversee the implementation of new technology and systems, including training colleagues and acting as a systems ‘super user’.
We are looking for someone who has:
- Track record of accurate budgeting, bookkeeping, or financial management
- Demonstratable success of working with complex data and systems
- Successful project management, utilising analytical approaches to problem solving
- Implementing new processes or developing structures to drive change
- Strong understanding of administrative and accounting processe
- Working in the creative industry and/or with small businesses and entrepreneurs is preferable
- Strong commercial acumen and a track record of increasing profitability
- Strong project administration skills, with the ability to manage multiple tasks and projects simultaneously
- Excellent IT skills, including advanced knowledge of MS Office applications, with ability to learn new systems and software quickly
Contract Type: Full time, Permanent
Salary: £32,000 per annum, plus 8% pension employer contributions
Application Deadline: Monday 3 July, 10.00
For a full job description, further information about our employee benefits and to be redirected to our application form click Apply.
Job Types: Full-time, Permanent
Salary: £32,000.00 per year
Benefits:
- Additional leave
- Company events
- Company pension
- Cycle to work scheme
- Employee discount
- Life insurance
- Sick pay
Ability to commute/relocate:
- London: reliably commute or plan to relocate before starting work (preferred)
Work Location: Hybrid remote in London
About Somerset House
Revenue: $5 to $25 million (USD)
Size: 51 to 200 Employees
Type: Self-employed
Website: www.somersethouse.org.uk