Assistant Financial Accountant

London (Hybrid)
£39,917 - 42,170 per year
Full-time
Permanent
Job description

Assistant Financial Accountant – Based in London, Manchester, Leeds or Liverpool

(HEO)

£35,738 to £37,731 (National)

£39,917 to £42,170 (London)

The Valuation Office Agency (VOA) are the public sector’s property valuation experts and advisers with a vision to be a world-leading provider of public sector valuations. Our work is vital to the collection of over £60 billion of revenue which goes back into communities, touching every citizen and every business across England and Wales.

We champion the values of professionalism, integrity, respect and innovation. We are committed to providing a collaborative and supportive working environment that encourages every colleague to contribute, grow and excel together. With opportunities to drive your own development and growth, we empower our colleagues to succeed by ensuring support at every step of their career journey.

The responsibilities of the Assistant Financial Accountant will include:

  • Assisting in the preparation of financial statements, notes and related disclosures for VOA’s annual report and accounts, ensuring these are in line with financial reporting manual (FReM) and International Financial Reporting Standards (IFRS).
  • Timely submission of accurate, assured consolidated financial information to HMRC to support their financial reporting processes.
  • Liaising with National Audit Office to ensure that evidence and robust explanations are provided to support timely audit conclusion.
  • Taking an active part in the month end accounts process including journal preparation, balance sheet reconciliations and other general ledger activities.
  • Management of non-current assets for VOA, including updating the asset register for additions, disposals, depreciation and for seeking assurances from the business around asset changes.
  • Monthly updates to depreciation model and submission of the depreciation forecast to Management Accounts.
  • Support the preparation of monthly VAT submissions to HMRC, ultimately demonstrating understanding the implications of partial VAT registration for government including the application of contracted out services rules.  Work with finance colleagues and the wider business to improve understanding of VAT processes.

This is a fantastic opportunity for an ambitious Financial Accountant looking to advance their career, with a clear pathway to progression into an SEO Financial Accountant role within 18 months subject to satisfactory performance and exam progression. This transition not only comes with a salary increase to £46,884 (London) or £42,194 (National) but also the chance to be part of a team committed to professional growth, within an organisation that provides study support.

Essential Requirements:

  • Significant financial experience and strong accounting skills.
  • Awareness of International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS).
  • Strong working knowledge of excel.
  • Applicants must hold one of the following qualifications to be able to apply:
    • AAT - Level 4.
    • CIMA – Certificate in Business Accounting.
    • ACCA – Foundations ACCA Diploma in Accounting and Business.
    • CIPFA – Certificate in Management and Financial Accounting.
    • ACA – progress towards completion of Certificate level.

Key Skills & Experience 

  • Excellent time management and prioritisation skills to work flexibly and adapt to changing priorities whilst adhering to strict deadlines.
  • Ability to work proactively, identifying problems and reaching informed decisions to provide and implement solutions.
  • Ability to build trusting relationships with variety of stakeholders and to be able to become the first line of contact for them when seeking assistance. 
  • Be self-motivated, flexible and prepared to perform a range of duties, regularly taking on new challenges. 
  • Have good time management and organisational skills, taking ownership of your workload and professional development, whilst delivering to deadlines.

For more information, please apply using the link, or contact Emma Fuller at our retained search agent, Robertson Bell.

Application resources
Posted by
The Valuation Office Agency View profile Organisation type Non Charity Employer
Posted on: 10 March 2025
Closing date: 30 March 2025 at 11:59
Job ref: RB38758
Tags: Finance