Financial Accountant

Job Title: Financial Accountant
Contract Type: Temporary
Location: London
Salary: Up to £400.00 per day
Reference: 3765678_1580726370
Contact Name: Michal Piszczek
Contact Email:
Job Published: February 03, 2020 10:39

Job Description

Financial Accountant | Yearend Accountant

Financial Accountant - Year End

We require interim cover to provide essential year-end support to the Head of Financial Accounts (HoFA).

Reporting to the HoFA, the Financial Accountants will have the responsibility to ensure that the Financial Reporting, Financial Risk and Control and Financial System activities of the Finance Function are efficiently managed during this highly pressurised time of year for the team.

Responsibilities will include:

  • Year-end accounts preparation, including preparing the financial statements and associated disclosures, ensuring accuracy, completeness and compliance with UK public sector reporting (i.e. FReM) requirements
  • Preparing necessary journals and other accounting entries for the year-end accounts
  • Financial governance, including ensuring that adequate audit trails and evidence exists to support the NAO's year-end audit of the annual report and accounts
  • Interaction with the NAO to ensure they are provided with appropriate records and explanations to efficiently conduct their audit
  • Interrogation of the General Ledger (GL) to ensure the integrity of the accounts, including highlighting issues and dealing with them appropriately
  • Ensuring all transactions are properly recorded, including ensuring the timely completeness of all transactions
  • Advice and assurance, including recommending appropriate accounting and reporting treatments for certain transactions within departments policy and processes
  • Reconciliation and review of key balance sheet items and GL accounts
  • Supporting the development and impact of a new accounting standard (i.e. IFRS 15) on the accounts
  • Ensuring that financial controls are implemented, documented and maintained at the highest standard.
  • Identifying process improvement opportunities and recommending solutions, including following through to ensure that recommended solutions are fully and properly implemented.

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