Financial Accountant

Posted 5 days agoExpires in 4 hours
Westminster London
Fixed Term Full Time
£55,574 p.a.

The National Church Institutions (NCIs) are national administrative bodies that work together to support the mission and ministry of the Church of England. Their activities are hugely varied, ranging from management of a multi-billion-pound investment fund, to a grant-giving charity, a housing service for retired clergy and the administration of four multi-employer pension schemes.

The Finance & Resources department is a shared services function working across the NCIs to provide a comprehensive, cost-effective finance service to the NCIs, and helping to co-ordinate joint projects where appropriate. This is an exciting time to join the Finance team, with significant changes underway to improve the service we offer to our NCI clients.

This is an excellent opportunity for a competent and professional Financial Accountant to join our Financial Operations team.

You will have specific responsibility for financial accounting and managing the year end process for the Archbishops’ Council and the Church of England Pensions Board, including its subsidiary companies. The year-end process includes working with other accountants and the tax team, and liaising with the external auditors so collaborative working and excellent communication skills will be essential.

We look forward to you bringing your experience as a financial accountant or external auditor, your technical accounting and IT skills and your enthusiasm and commitment to our comprehensive finance service.

This post is offered on a fixed term contract for 12 months.

In return we offer a unique environment with opportunities for continuous learning, generous annual leave for work life balance, season ticket loans and a range of benefits including discounted entry to attractions and what we feel is a market leading package when it comes to our pension scheme.

The Role :

Financial Accounting

Responsible for preparing the group and subsidiary financial accounts for the Archbishops’ Council and the Church of England Pensions Board, including:

  • Setting, agreeing and managing the year end timetable and communication with internal and external stakeholders
  • Updating the accounts template annually, including review accounting policies and ensuring compliance with relevant reporting legislation, regulatory requirements and best practice within the charity sector (including but not limited to UK GAAP and Charity SORP)
  • Reviewing the year-end trial balance and analysing key variances with previous years to identify potential omissions or misstatements
  • Managing the external audit process, including being the primary point of contact with the auditors in planning and delivering the audit, liaising with other members of staff in Finance and other departments to deliver the auditors’ requirements, preparing schedules to support each note to the financial statements and providing explanations when requested
  • Drafting the Board and Committee reporting to support the presentation of the Accounts
  • Presenting draft accounts to the Audit & Risk Committee for review and sign-off on behalf of the trustees
  • Working with Communication Department and design company to prepare financial statements in format to be signed and published
  • Ensuring accounts are signed off and submitted to Companies House or Charity Commission on time

Internal controls and compliance

  • Ensuring all income and expenditure (including capital expenditure) for the Archbishops’ Council and the Pensions Board is correctly accounted for within a robust control environment
  • Supporting the delivery of a smooth, well-controlled and timely month end and year end close, working with Finance colleagues to develop and improve this in line with best-practice methodology
  • Working with the Ledgers team to maintain a strong financial control environment ensuring that monthly reconciliations, checks and reviews are done and compliance with the journals policy
  • Managing the Archbishops’ Council’s and the Pensions Board’s Chart of Accounts structure to ensure consistency of approach across the NCIs, ensuring any changes are appropriate before actioning them
  • Identify and work with the Finance Operations team to improve processes and systems and promote efficient working practices with an appropriate control framework

Technical advice and support

  • Working with the Finance Business Partners for the Archbishop’s Council and the Pensions Board to advise departments on appropriate accounting treatments for new and continuing activities
  • Keeping up to date with best practice and developments in financial reporting and the charity sector and proactively managing personal and continuing professional development
  • Providing financial training and support to non-finance colleagues as required; promoting financial literacy across the NCIs

Other

  • Collaborating with other members of the Financial Accounting team to ensure the delivery of all statutory reporting and year end processes across the NCIs, providing support for other areas as necessary
  • Providing support for projects within the Finance Operations team (which could include for example, process improvement projects, system projects, implementation of new processes and solutions etc.)
  • Developing excellent working relationships and clear communication with the Finance Business Partners, to ensure a consistent understanding of activities within the Archbishops’ Council and the Pensions Board, and that this is reflected accurately in both statutory and management reporting
  • Undertaking other ad hoc tasks as required to ensure the Finance Operations team delivers to its customers

The Requirements :

Essential

Skills/Aptitude:

  • Excellent IT skills, including advanced Excel and strong finance system skills, with a good understanding of data structures and chart of accounts optimisation
  • Ability to manipulate data, analyse information, identify anomalies and extract pertinent information. Excellent attention to detail
  • Well organised with an ability to work calmly and effectively under pressure
  • Good communication and interpersonal skills both written and oral, able to communicate effectively with finance professionals, senior management and trustees, and non-accountants to achieve cooperation and results
  • Proactive, self-motivated and enthusiastic

Knowledge/Experience:

  • Excellent technical financial accounting skills and thorough understanding of relevant accounting standards, including FRS 102 and Charities SORP
  • Experience gained from working as a financial accountant or external auditor covering all aspects statutory reporting for a large organisation

Education:

  • CCAB or equivalent professional accounting body qualification

Circumstances:

  • Willingness to work in excess of contracted hours to ensure completion of deadlines

Desirable

  • SAP experience
  • Experience of working for a charity

We in the National Church Institutions support the mission and ministries of the Church all over England. We work with parishes, dioceses (regional offices), schools, other ministries and our partners at a national and international level.

Excellence, Respect, Integrity

We follow these three values in everything we do, whether we are of Christian faith, another faith or no faith. To learn more about working for National Church Institutions and our benefits, please click here

As we are a member of the Armed Forces Covenant, we welcome all applications from those you have served in our Armed Forces and their families

We are committed to building a culturally diverse workforce. As part of this commitment, we welcome applications from people, regardless of their background. As a Disability Confident committed employer, it is important to note that there may be occasions where it is not practical or appropriate to interview all disabled applicants who meet the minimum criteria* due to high volume. We limit the amount of interviews conducted to five applicants per open post we advertise.

*Where applicable depending on post requirements.