Senior Manager, CRF Loans

Senior Manager, CRF Loans (EIN11)

Contract: Permanent, working 35 hours per week (Arts Council also recognises the benefit of flexible working as a valued part of the way we work, and welcome applications from individuals who require flexibility)

Salary: £50,468 per annum plus benefits including a final salary pension scheme, generous annual leave, and flexible and hybrid working.

Location: Manchester, Leeds, Newcastle, Birmingham, Nottingham, Brighton, Bristol or Cambridge (The role will be based in one of the office based listed; however, we are operating a hybrid way of working and support our staff to make use of remote working options when combined with regular on-site contact days with other members of the team, normally 1-2 days a week)

We are looking for an enthusiastic, proactive and organised individual with a background in financial analysis coming from a background in accountancy, credit risk management or insolvency, with proven interpersonal and communication skills, to work with the Culture Recovery Fund (CRF) team, part of the Enterprise & Innovation (E&I) directorate at the Arts Council.

We are looking for a senior manager to work with our portfolio of borrowers to:

• Analyse borrower financial information (P&L, balance sheet and cash flow statements) for overall financial health and compliance with loan agreements
• Understand and document the reasons for variances of actual results to forecasts and discussing these with borrowers
• Test borrower management information against covenants in borrower loan agreements
• Deal with loan related administration as changes occur in the portfolio (e.g. sale of assets, reprofiling of loans)
• Manage and maintain effective and productive working relationships with borrowers
• Consult internally within ACE, and externally with DCMS, UKGI, lawyers and other stakeholders, on borrower related matters
• Provide input on other ad hoc projects across the CRF team and more widely as required in the E&I directorate

The Arts Council operates as a fully interconnected structure. The Senior Manager, CRF Loans will be expected to work in an environment that relies on collaboration, flexibility and the ability to manage both formal and informal reporting relationships.

The role reports to the Director, CRF Loans and works closely with team members.

Equality Diversity and Inclusion Statement

Arts Council is committed to being an inclusive employer, building an inclusive workplace, and recruiting a workforce that is as diverse as the communities we serve. However, you identify, and whatever background you bring with you, we welcome you to apply for a role at Arts Council.

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