Charity registered in Scotland SC025995
The Mull and Iona Community Trust is an independent, membership based, community charity, set up by local residents of the islands of Mull and Iona in 1997 to combat rural disadvantage by supporting community initiatives and promoting sustainable development.
Mull and Iona Community Trust mict.co.uk was established in 1997 and is considered one of the more successful development trusts in Scotland. Currently employing around 26 full and part-time staff with a turnover of approximately £450,000 (excluding capital projects), the Trust is based at a purpose built community hub and business centre in Craignure, Isle of Mull.
Mull and Iona Community Trust (MICT) is a membership organisation managed by a board of volunteer directors drawn from the membership. MICT responds to the many needs of the local community and strives to improve the quality of life on Mull and Iona delivering projects ranging from Mull and Iona Environmentally Sensitive Solutions (MESS) charity shops, affordable housing, community transport, recycling, countryside ranger services, renewable energy, a pontoon, storage and small business park, community forest, well being, training and capacity building. Diversification has been a key to the organisation’s success.
Mull and Iona Community Trust (MICT) is incorporated as a Company Limited by Guarantee (regulated by Companies House) and is a Scottish Charity (regulated by the Office of the Scottish Charity Regulator).
Turnover varies according to the scale of capital projects each year but is typically in excess of £450,000 per annum, actual figure for 2020-21 was £1.89m. This level of turnover necessitates an independent external audit of the annual accounts.
MICT has a very strong balance sheet with net assets of £7.2m.
The organisation has income arising from a variety of sources including grants, donations and income earned from various enterprise activities.
Finances are managed using proprietary SAGE 50 Cloud accounting software.
MICT supports a number of other community organisations on Mull and Iona which includes provision of book-keeping services. Currently there are four other companies supported in this way.
PURPOSE OF THE ROLE
As part of the senior leadership team, of an ever expanding social enterprise, the Finance Manager will provide support to the organisation, with the responsibility for managing MICT’s finances. In addition the Finance Manager will have responsibility for managing the finances of the other organisations which MICT support.
The Finance Manager will be responsible for ensuring compliance with relevant financial legislation.
KEY ACTIVITIES & RESPONSIBILITIES
Management of MICT’s finances;
Management of other company finances