Financial Accountant

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.