Senior Financial Accountant

Senior Financial Accountant

Sutton

£44k - £50k

Hybrid Working: 2 days WFH

Hours: 8.45am - 16.45pm & 16.15pm Friday Finish!!!

The Role:

To ensure all fixed asset spend is recorded and reported accurately internally, for management accounts and statutory accounting purposes and externally for compliance requirements.

Capital Projects

• Maintain and oversee records for the annual allocation of all income related to capital funding.
• Collate and report all capital income streams allocated to capital spend.
• Prepare annual summary report for the Finance Board.
• Collate bids and major projects, report actuals against budget monthly, and submit returns to required deadlines.
• Maintain monthly capex reports and ensure reconciliation to the nominal.
• Highlight risks of capital funding that may not be utilized within specific timelines.
• Ensure invoicing and receipt of capital funding from external bodies via liaison with accounts payable and business partnering teams.
• Work closely with facilities to develop a long-term capital replacement program and financial forecasting model.
• Collaborate with the Systems and Projects team to improve monitoring and reporting systems and develop procedural notes.

Fixed Assets

• Regularly monitor inventory records to ensure they match accounting records.
• Liaise with the Procurement team regarding asset tagging to ensure records align.
• Ensure all items are correctly capitalized within month-end reporting.
• Ensure accurate calculation and forecasting of depreciation for the entire organization.
• Work closely with facilities on disposals, transfers, and loaning of assets, ensuring correct recording within the asset system.
• Collaborate with internal and external auditors to ensure assets are correctly capitalized.
• Produce the year-end Fixed Asset schedule, forecast depreciation, and cash flow.
• Compile and report on fixed asset policies and roll out training and amendments to policies.

Benefits:

• Pension - 19% Employer Contribution
• Blue Light Benefits
• Annual Leave 28 days plus BH
• Friday 4.15pm finishes