Financial Accountant

Discipline: Finance

Sector: Central Government

Location: London

Type: Temporary

Date posted: 20/03/2019

Start: ASAP

Duration: 3 - 6 months

Salary: c.£300 per day (Outside IR35)

Details

My client, a large Central Government department (with numerous independent arms-length bodies across all of its sectors) has an exciting opportunity in its central Financial Accounting and Consolidation Team. In addition to being the Department’s financial accounting Centre of Excellence, the team leads in the production of the Government Financial Reporting Manual (FReM) compliant consolidated accounts within the Department.

This is an interesting and challenging role, which will provide the successful applicant with opportunities to work with a diverse group of Arms Length Bodies (ALBs), which follow a number of financial accounting frameworks. This results in the requirement to ‘align’ statutory accounts within the Group thus providing an excellent opportunity for the successful candidate to develop knowledge across a wide range of government frameworks.

In addition the Group boundary is different to that used in the accounts of many ALBs and the Group boundary changes regularly, with new classifications and many machinery of government (MoG) changes making this an exceptionally exciting and challenging role.

Main responsibilities:

  • The preparation of the Departmental Group Accounts (incorporating all ALBs). This involves liaising with ALBs, developing systems, the checking of data collection packs (C-Packs), preparing journals, and assistance with counter party eliminations.
  • The provision of sound technical financial advice to internal and external stakeholders
  • Reviewing the accounts to ensure conformity with the Government Financial Reporting Manual (FReM)
  • Liaising with the National Audit Office (NAO) and ensuring all necessary documentation is available for audit
  • Provision of technical accounting (and possibly budgetary) advice

The ideal candidate will be a qualified accountant with over 2 years experience and exposure to producing/auditing accounts (ideally consolidated and within Central Government).  You will also be an exceptional communicator with the ability to influence at all levels, with a demonstrable track record of delivering process improvements.

Knowledge and experience of the FReM, Consolidated Budgeting Guidance (CBG), Managing Public Money and the Treasury’s supply estimates manual are also highly desirable.

If the above fits your experience and approach I would love to hear from you.  Please send your CV and covering letter to gayledavenport@allenlane.co.uk

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