Financial Accountant

Up to £40571 per annum
West End
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Job description

Financial Accountant

Permanent

London, NW1

£40,571 per annum

35 hours per week

Morgan Hunt have partnered with a well-established Membership Body who are currently recruiting for a Financial Accountant to join their team on a full time, permanent basis.

Responsibilities:

Some of your duties and responsibilities as a Financial Accountant will include:

  • Responsible for the monthly Balance sheet reconciliations and month end close process for four legal entities and ensuring timely and accurate reporting of management information.
  • Lead the finance processing team including Accounts Receivables & Payables and to assist the Financial Controller with the preparation of statutory accounts.
  • Assist the Financial Controller in the preparation of the statutory financial accounts and audit of the College, including its 3 Devolved Councils and 32 Faculties, and 3 trading subsidiaries.
  • Prepare quarterly investment portfolio reconciliations and post unrealised gains or losses in line with SORP into the accounting system.
  • Co-ordinate the preparation of the monthly balance sheet accounts reconciliations and reporting to the Financial Controller thereon
  • Supervision of 3 staff to ensure effective and efficient delivery of the department's objectives.
  • Responsible for performance review and development of team members
  • Ensure direct reports maintain processing of all transactions in a timely and accurate manner and assist with the month end close
  • Undertake any duties as required by the Financial Controller
  • Monitor existing financial controls and amend in light of any new requirements.
  • Internal audit procedures within a large organisation including recommending and implementing financial controls and policies.
  • Understanding of VAT annual adjustment calculation.
  • Producing ad hoc financial reports
  • Assist with the preparation of audit schedules for all entities
  • Responsible for complex monthly reconciliations and ensure timely and accurate reporting of the balance sheet
  • Manage all inter-company and inter-branch reconciliations
  • Manage relationship with investment managers and supervision of investment portfolio value £10m
  • Assist with the preparation of quarterly VAT returns for all entities and corporate taxation in compliance with the relevant tax regulations
  • Assist with the review of financial policies and procedures and embed continuous improvement mindset relating to processes and controls
  • Supervision and motivation of 3 Assistant Accountants to work towards various deadlines for the management and statutory accounts.
  • Provide expert technical support and guidance to budget mangers and staff across the organisation

Requirements:

  • CCAB Qualified / QBE Finalist
  • Comprehensive experience of providing financial and management information at a senior level
  • Previously line managed staff
  • Detailed reconciliations of control accounts and inter-company accounts
  • Work to tight deadlines along with planning and allocating of resources to meet defined targets.
  • Develop and maintain spreadsheets on Excel (to macro level) and of Microsoft Word and e-mail
  • Detailed knowledge and understanding of the recommended accounting standards and principles, including requirements under Companies Acts.
  • Detailed understanding of direct (e.g. PAYE) and indirect taxation, particularly VAT requirements for charities.
  • Excellent communication and interpersonal skills
  • Understand the needs of the managers and communicate constructively financial issues to non-financial staff and senior managers and to recommend best practices.
  • Team working, flexibility, persuasion and influencing skills in a diverse and democratically governed organisation.
  • Excellent time management skills and the ability to prioritise own and staff workload.
  • Problem-solving skills with ability to identify key issues.
  • Advanced knowledge of Microsoft Excel, Word and Office
  • Customer focussed and will deliver high quality professional advice and support

Morgan Hunt is a multi-award-winning recruitment business for interim, contract and temporary recruitment and acts as an Employment Agency in relation to permanent vacancies. Morgan Hunt is an equal opportunities employer. Job suitability is assessed on merit in accordance with the individual's skills, qualifications and abilities to perform the relevant duties required in a particular role.

Contact

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Jordan Walker
Associate Consultant
Professional Services Recruitment Team
London
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