Financial Accountant

A leading professional membership body with chartered status & based in central London is seeking a Financial Accountant on a full-time, permanent basis.

The organisation is a prestigious and historic professional body providing an impressive array of qualifications, services and resources to its members. The organisation has around 50 staff and 19,000 members.

The salary offered is £60,000 per annum, with excellent benefits.  The work is offered on a hybrid basis with approximately 2-3 days per week required onsite in the London office.

Reporting to the Head of Finance, the role will involve work across all aspects of the organisation’s financial reporting, planning and management cycles. This will include preparing income and tax-related month-end journals and balance sheet reconciliations for monthly management account reporting, management of all taxation requirements, involvement in the preparation of budgets and quarterly forecasts, and management of the year-end statutory reporting and the audit. The role will also involve leading on the finance aspects of an upcoming CRM project at the organisation.

The role does not line manage anyone, and you will be part of a finance team of 5 staff.

The organisation is ideally seeking a fully-qualified accountant with prior experience in the charity sector. Strong experience with charity VAT including partial exemption and demonstrable experience with charity year-end accounting and audit (SORP) are strongly desirable.

‍Duties will include:

·        To complete the preparation of the annual statutory accounts in line with SORP requirements

·        To support the Head of Finance with other year end tasks, as necessary i.e. manage the production of the draft trustees’ report for consideration by the Board.

·        Provide cover for payroll when required

·        Lead on the finance aspects of an upcoming CRM project

·        To prepare templates for forecast and budget submissions from budget holders.

·        Calculation and upload of the VAT budget and forecast, using (and maintaining) the VAT model.

·        To prepare and submit quarterly VAT returns and annual adjustments, including partial exemption calculations.

·        To prepare and post quarterly VAT journals and balance sheet reconciliations.

·        To assist the Head of Finance with maintaining the VAT “bible”.

·        To prepare, submit, and arrange payment for the annual PSA return.

·        To complete and process any forms/correspondence required related to Withholding Tax matters.

·        Provide support and guidance (bit not line manage) to the 2 Finance Officers around purchase and sales ledger etc

·        To prepare month-end journals for income adjustments and other ad-hoc month-end journals

·        To perform monthly duties relating to staff costs, including preparation of monthly salary journals, monthly reconciliation to payroll and pension records, and monthly balance sheet reconciliations.

·        Balance sheet reconciliations where appropriate

Candidate requirements:

-            Fully or part-qualified ACCA, CIMA or ACA

-            Experience in a similar relevant hands-on financial accounting role

-            Experience with project/CRM related projects desirable

-            Experience in leading on the full production of year-end statutory accounts, ideally line with Charity SORP, and subsequent audit

-            Taxation: Experience of VAT returns, including complex partial exemption calculations, knowledge of Charity Taxation, PSA returns and withholding tax matters. is desirable.

The role would be best suited to a candidate with demonstrable experience in a similar financial accounting role in a comparable organisation.

Please note that interviews will be on a rolling basis for this position.

Please send your CV for immediate consideration.

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