Financial Accountant

  • Category
    Accountancy & Finance - Financial Accountancy
  • Location
    Preston, Lancashire
  • Salary
    40000 £ - 50000 £ / Year
  • External Reference
    515075-

Badenoch and Clark are currently working with an award winning, £700million turnover Property and Development organisation to recruit for a Fully Qualified, or Finalist Financial Accountant to join their growing team.

This position is a 3 month temporary contract, with opportunity to go permanent.

The role:
Reporting to the Treasury Manager, the role requires the delivery of an effective
financial management service across the Group in areas of management accounting,
daily & monthly accounting processes in City Financials/Business World, analysis and
commentary for budgeted/forecast amounts, regulatory reporting and Year end
disclosure analysis for the Annual Report. The ideal candidate will be able to thrive in a challenging, fast-paced environment, have an outstanding work ethic and have the ability to work individually on projects as well as part of a team.

Duties:
Accounting Budgeting/Forecasting & Treasury Reporting
Ensure accounting of financial instrument and associated notes are prepared in
accordance with relevant accounting conventions (IFRS 9), minimising volatility in
the financial statements.
Support preparation of subsidiary Board reports in line with scheduled reporting
timelines.
Completion of daily & monthly treasury accounting processes in City Financials,
including Month End accruals.
Track and monitor actual to forecast movements on interest payable and interest
receivable.
o Ensure correct capitalisation of interest.
o Provide report commentary on variance where required.
o Reforecast treasury items as necessary.
Support monthly budgeting & forecasting vs actual reporting with commentary for
salient variance items
Provide guidance and advice to operating subsidiaries on Treasury items as
required.
Work collaboratively with Management accounts and Financial accounts teams to
resolve queries that may arise.
Loan covenant monitoring
Medium to long term cashflow forecasting

Treasury Management Systems & Treasury Processes
Improve efficiency in treasury operations through greater use of the treasury
management system (City Financials), and greater integration with electronic
banking platforms and internal accounting systems.
Recommend, implement and maintain process improvements pertaining to
automation and reporting from TMS
Governance
Review appropriate subsidiary Management Accounts (for inaccuracies and
deviations), challenging where appropriate prior to timely issuance to lenders.


Skills/Required:
Qualified or finalist accountant (CIMA/ACA/ACCA or equivalent)
Strong proven experience in an accounting role
Experience of financial controls, year-end account preparation and internal/external
auditor liaison.
Strong stakeholder management and able to deliver to tight deadlines
Strong ability to multitask and project manage.

Badenoch and Clark acts as an employment agency for permanent recruitment and an employment business for the supply of temporary workers. Badenoch and Clark UK is an Equal Opportunities Employer.

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To speak to a recruitment expert please contact Jacob Chiverton

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