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