Financial Accountant

Hays A&F
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£45000.00 - £49000.00 per annum + Full competitive benefits package
Closing date
Feb 8, 2023

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Job Role
Financial Accountant
Contract Type
Full Time
Level of qualification
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Job Details

Financial Accountant - To report on the financial position of the organisation and develop reporting...

Your new company
This multi Academy Trust is a fast growing and aspiring educational provider that has a has a clear vision for careful growth, ensuring that we remain focused on sustainable school improvement. They are one of the top performing and leading academies across the country, often used as the 'template' for first class education for all.

Your new role
As a Financial Accountant for the academy, you will play a pivotal role in

  • providing an oversight of all financial controls within the organisation,
  • develop the finance system to ensure its effective use by all
  • To oversee the funds in the academy and ensure that cash movement is monitored and expenditure by fund is accurate
  • To report on the financial position of the organisation and develop reporting
  • To consolidate the Trust budget

Key Contributions / Responsibilities Financial Controls:

  • Develop systems and procedures that are forward-thinking and ensure the efficient, effective and accurate management of the Trust's finances.
  • Manage internal recharges between Academies and the Trust's central accounts
  • Using a financial control framework, including financial accountabilities and authorities to ensure full financial control.
  • Update and develop the Trust's Financial Procedures Manual.
  • Develop and control a centralised accounting system to ensure that Trust central accounts are effectively managed.
  • Monitor month end procedures carried out by all Academies, ensuring appropriate authorisation checks and reconciliations are made.
  • Monitor cash flow across the Trust.
  • Manage all Central account activity including, orders, invoicing, month end procedures etc
  • Work with and be a key point of contact for external auditors to provide all required information.
  • Ensure accounting policies comply with the relevant accounting standards and that Trust policies are followed.
  • Recommend and implement changes that will improve the Trusts financial performance and financial controls.

System Accountant:

  • Be the System Administrator for the Trust's finance system; managing user access, security permissions, nominal code management and centrally managed processes e.g. Period/Year End closedown, posting depreciation etc.
  • Be the primary link between the Trust's finance software provider and Trust users.
  • Manage and oversee support to all users of the Trust's finance software.

Fund Accounting

  • Review transactions and postings across the Trust to ensure correct fund accounting.
  • Support and train Finance Business Partners and Accounting Technicians in correct use of fund accounting.
  • Liaise with auditors to aid in appropriate fund use.

Financial Reporting

  • To produce the financial statements that will ensure that the Trust meets statutory and regulatory requirements.
  • Provide Management Accounts and other financial reports.
  • Develop and oversee implementation of the Trust's Financial Reporting Framework.
  • Oversee financial reports to be used across the Trust.
  • Ensure that all required financial returns for external stakeholders are delivered accurately and timely.
  • To report on the trading activity of all subsidiary companies and ensue that they meet all statutory and regulatory requirements.
  • To ensure that staffing resources are set to meet a value for money judgement.
  • To engage with staff development opportunities.

What you'll need to succeed
You will be an excellent team player and have great communication skills to ensure all the schools within the academy are working to the standards and expectations of the academy and in harmony.
You will be a Qualified Accountant, preferably with SORP (charity) accounting standards knowledge or willing to learn.
you will ultimately be drawing finance teams across the trust together, so you will need to be approachable and confident.

What you'll get in return
Competitive salary upto £49k depending on experience
flexible working - at least one day per week WFH (if required)
working within a super team of established professionals
Excellent pension scheme and holiday allowance....

What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career.

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