East London Rltffl

JOB TITLE:Management Accountant

SALARY:£35,000 - £38,000

CONTRACT:Full Time Fixed Term (12 Months Maternity Cover)

LOCATION:London (Office based)

REPORTING TO:Head of Finance

DIRECT REPORTS:Team of 2

Main purpose of position

The Management Accountant is responsible for delivering the monthly financial accounts pack for the organisation and ensuring the financial integrity and statutory compliance of the year end accounts. The role involves overseeing all aspects of operational finance that lead to the recording of financial information or accounting purposes.

Background information

Children with Cancer UK (the Charity) is the leading national children’s charity dedicated to the fight against childhood cancer. Our aims are to determine the causes, find cures, improve treatments and provide care for children with cancer.

Our work started with a promise

We were founded in 1988 following the death of 14-year old Paul O’Gorman to leukaemia and, just nine months later, his sister Jean, also to cancer. Before his death Paul’s parents promised to help other children with leukaemia and, today, we fund life-saving research into childhood leukaemia as well as all other forms of other childhood cancers.

• We fund life-saving research to improve our understanding of childhood cancer and to find safer, more effective treatments for all young patients.

• We fund innovative welfare projects to help children and families in their fight against childhood cancer.

• We campaign and raise awareness of childhood cancer, to protect more children and give more young cancer patients a brighter future.

Key priorities and relationships

Accurate production of the monthly income and expenditure accounting pack according to the relevant accounting standards and procedures. This includes providing variance analysis/commentary and supporting accounting schedules. This is according to agreed deadlines.
Cost accounting and variance analysis – liaison with managers to investigate spending overruns, cost variances and profit improvement opportunities.
The lead role in ensuring completeness of our income and the all income (from whichever source) is appropriately identified, recorded and banked.
Advising key senior individuals on financial decisions by performing robust financial analysis and having considered relevant accounting issues and treatments.
Leading the month end accounting processes according to a strict timetable and ensuring all tasks are complete (including rolling over nominal ledger, cash books, trial balance and running month end reports etc).

Continuous development of management information packs including derivation and monitoring of KPI’s and key accounting ratios and metrics. Development of monthly department financial packs.
Recording all transactions and accounting entries in the trading subsidiary ensuring the intercompany account is regularly reconciled. Producing monthly and annual trading subsidiary accounts.
Produce monthly reconciliations of all balance sheet accounts, independently investigating any discrepancies:
Manage sales and purchase ledger
Manage other debtors (eg, accrued income and creditors)
Managing bank accounts and investment accounts
Responsible for accruals and prepayments in line with recognised accounting policy
Manage the intercompany account
Responsible for accrued and deferred income in line with the recognised accounting

Duties and Key relationships

Managing and training the Finance Officers. Providing day to day management of both roles including covering any absence and support during busy periods.
Take a lead in managing and supporting the Finance Officers with accounts payable paperless system.
Helping prepare the year end statutory accounts and financial information pack with schedules and commentary for the auditor. The lead person for operational financial enquiries by the auditors
Helping prepare all tax, HMRC returns and claims

Person Specification

Job title: Management Accountant

Criteria / Essential / Desirable
Skills / Abilities / Experience of financial management and the operational workings of a medium sized organisation
Good communication skills at all levels / Financial experience within a fundraising charity
Experience of budgeting and forecasting at an operational and strategic level
Accomplished with financial accounting systems (preferably SUN)
Qualifications,
training and education / Part qualified accountant within a recognised professional body or qualified by experience
Commitment to maintain CPD / Graduate in a numerical discipline
Experience / Must have worked within a fast paced finance department where priorities are constantly changing
Line management experience
Experience of managing multiple finance functions and an awareness of the key operations in a finance department
Independently managing the month end process to completion and delivering monthly I&E accounts and balance sheets to recognised accountancy standards
Carrying our complex balance sheet reconciliations and understanding the mechanics of reconciliation accounting
Delivering robust financial analysis, interrogating data and testing assumptions
Participating in the planning, budgeting and forecasting process including elements of variance analysis / Worked in a range of industries and sectors including charity sector
Experience of business partnering
Developing and monitoring of KPIs and benchmarking
Overhauling processes and procedures
Knowledge of charity accounting and VAT
Involvement in preparing year end statutory accounts according to recognised accounting standards and playing a key role in the year end audit
Developing processes and controls to facilitate finance operations

This job description outlines the current main responsibilities of the post. However the duties of the post may change and develop over time and this job description may, therefore be amended in consultation with the post holder.

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