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Principle Financial Accountant

Cherry Professional - Relationship Led Recruitment
Posted 3 days ago, valid for 17 days
Location

Mansfield, Nottinghamshire NG190LT, England

Salary

£35,000 - £42,000 per annum

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Contract type

Full Time

Retirement Plan
Employee Assistance
Employee Discounts

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The Principal Financial Accountant position is a permanent role based in Mansfield, reporting to the Head of Finance.
  • Candidates should have significant experience in financial accounting, with a focus on producing financial accounts in accordance with HM Treasury’s FReM and IFRS standards.
  • The role offers a competitive salary of £50,000 to £60,000 per year, along with an impressive pension scheme and generous holiday allowance.
  • Key responsibilities include leading the Financial Accounts and Payroll team, ensuring compliance with tax regulations, and managing financial records and controls.
  • The position also emphasizes professional development and offers various employee benefits, including flexible working arrangements and support for further qualifications.
Job Title:                         Principal Financial AccountantDepartment:             FinanceReports to:              Head of FinanceDirect Reports:      Financial Accounts and Payroll team - Financial Accountant, Assistant Financial Accountant, and/or Finance Assistants, Purchase Ledger Supervisor and Payroll ManagerLocation:Mansfield Contract Type:PermanentWe have been given an incredible role by our client who is looking for a Principle Financial Accountant.Main purpose of the jobResponsible for the production of the financial accounts, maintaining and effective financial control environment and managing the provision of payroll services.ResponsibilitiesSpecific
  • Lead, develop and support the Financial Accounts and Payroll team, whilst building team resilience and developing business continuity plans.
  • Produce financial accounts in accordance with HM Treasury’s FReM (Financial Reporting Manual) and IFRS (International Financial reporting Standards), including primary financial statements, notes to the accounts for the Annual Report & Accounts and DESNZ (Department of Energy Security and Net Zero) group consolidation.
  • Lead and co-ordinate the production of the Annual Report and Accounts.
  • Produce and present Audit & Risk Assurance Committee papers, when required.
  • Ensure all tax matters are compliant with HMRC requirements for PAYE/NI, VAT and Corporation Tax (including CIS - Construction Industry Scheme and DRC – Domestic Reverse Charging).
  • Ensure the operation of a proportionate and effective control environment and the integrity and maintenance of financial records, including:
    • Assessment and implementation of new, or changes to, accounting standards.
    • Maintaining financial policies and procedures.
    • Financial systems are maintained and fit for purpose, including managing the Chart of Accounts. 
    • Completion of monthly review and sign-off, incorporating key financial controls, trial balance and balance sheet, audit reports and supporting reconciliations.
    • Cash management.
    • Maintaining financial delegations and segregation of duties.
    • Undertaking approvals in-line with own delegated authority.
  • Effective management and oversight of the Authority’s payroll services.
  • Provide management insight through ad-hoc and monthly reporting.
  • Lead and support continuous improvement initiatives. 
  • Build and maintain strong relationships and networks, both internally and externally.
  • Support the co-ordination of both Internal and External Audit.
GeneralStrategy
  • To support the development and delivery of short and medium term departmental plans, objectives and budgets.
  • To manage your own performance and maintaining your own personal development plan and be accountable for meeting individual, team and corporate objectives.
  • To identify opportunities and implement change leading to improved processes and procedures, system improvement and demonstrating value for money.
  • To ensure that statutory responsibilities are effectively discharged.
  • To act in accordance with the Scheme of Delegation and ensure propriety and regularity in the handling of public funds.
INCREDIBLE BENEFITS
  • A cutting-edge pension scheme with an impressive employer contribution rate of approximately 28.97%.
  • Experience our values-based recognition scheme that celebrates your contributions.
  • Flexibility in working patterns, whether it's full-time, part-time, or compressed hours.
  • Embrace flexible working arrangements tailored to your needs.
  • Enjoy a generous holiday allowance of 27.5 days annually, plus the flexibility to add 6 extra days to that, alongside 8 public holidays.
  • Benefit from a comprehensive parental leave policy with 26 weeks of full pay (subject to eligibility).
  • Get support to further your professional qualifications and payment for one annual professional subscription.
  • Access a free, confidential Employee Assistance Programme to support your well-being.
  • Unlock exclusive employee discounts
  • Ensure your well-being with an annual health check and receive £15 monthly towards well-being activities.
Give Stuart a call on to be considered or click to apply.Cherry Professional are recruiting for this opportunity on behalf of our client. Please view our Privacy Policy on our website to understand how your data will be used if you apply for this role.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.