The successful candidate will play a crucial role in overseeing all aspects of financial accounting including balance sheet reconciliations, compliance, year-end processes and tax-related tasks. In addition, they will be responsible for the effective running of the accounts payable function.
Client Details
This organisation is a respected and established institution within the not-for-profit sector. With a workforce of over 2,000 passionate employees, the institution prides itself on its commitment to excellence, community engagement, and positive social impact.
Description
Financial Accounting
* Oversee completion of monthly bank reconciliations ensuring they are reconciled and reviewed within two weeks from the end of the month.
* Manage the month end process and the month end checklist ensuring all tasks are processed by the relevant teams before the close of the period and cut-offs and month end process requirements are properly communicated to all finance colleagues.
* Manage the opening and closing of periods in Business World ensuring all triggers are run and reconciled.
* Manage the balance sheet ensuring that all control accounts are reconciled within two weeks of the end of the period.
* Manage the daily monitoring of bank accounts and investments as an integral part of treasury management.
* Regular (daily, weekly and monthly) update of cash flow forecast and monitor actuals vs. forecast to maintain up-to-date cash flow forecasts for the University.
* Oversee the Payments function, comprising a Payments Manager and two Payments Assistants.
* Oversee the accurate and timely processing of all supplier invoices.
* Accurate and on-time completion of the quarterly VAT return promptly following the end of the quarter.
Profile
A successful Financial Accountant should have:
*Experience in the education sector as a financial or management accountant
*Obtained the ACCA, ACA or CIMA qualification
*Comprehensive technical knowledge and experience of financial accounting, accounting systems and processes in a large organisation
*Comprehensive understanding of financial controls.
*Comprehensive understanding and experience of taxation, particularly VAT and PAYE.
*Unit 4 business world
Job Offer
*A competitive salary in the range of £48,000 to £52,000 per annum.
*A committed and supportive work environment.
*The opportunity to contribute to a not-for-profit organisation with a strong social impact.
*Central London location with excellent transport links.
*A role that offers professional growth and development.
We encourage all suitable candidates to apply for this rewarding Financial Accountant role in London, where you can make a difference while advancing your career in the not-for-profit sector.