Finance Manager

4 weeks ago

Bexley, United Kingdom 5 Star Recruitment Full time

Responsible for:

Overall day to day responsibility for managing up to 6 FTE.

Functional links with:

Deputy Director of Finance and Property Chief Accountant Strategy Treasury and Pensions Team Business

Partner Teams Internal audit External Audit Service Department Heads and Managers External advisors and

valuers.

Main purpose of the job:

To ensure that revenue and capital accounting entries underpinning the Statement of Accounts are produced in a

timely manner are accurate and in accordance with relevant legislative requirements and professional codes of

practice and guidelines.

To produce the Statement of Accounts Group Accounts and other related statutory returns

To lead on the provision of financial advice and statutory returns relating to taxation and VAT.

To support and coordinate the development of capital strategy as an integral part of the medium term financial

strategy formulating policies and practices across the nominated Council(s).

To produce high level capital monitoring reports in accordance the timetable established by the Head of Strategy

treasury and Pensions.

To collaborate with the Finance Manager Treasury & Pensions in developing a Treasury Strategy which reflects the

Councils capital spending plans and cashflow forecasting.

The post is focused on delivering specialist accounting services and the post holder will have a wide understanding of

accounting requirements and practical knowledge

Major Duties and Responsibilities:

Ensure that the Councils accounts are produced in compliance with all statutory accounting requirements

Provision of technical accounting advice to other senior Management Members and Finance staff

Making use of appropriate financial data analytics in reviewing the overall revenue and capital information that forms

the basis of the statement of accounts for accuracy and appropriateness.

To manage the key reconciliations around balance sheet accounts and ensure that any suspense accounts are cleared

in a timely manner.

To produce and submit any regular VAT and tax returns on behalf of the Council within required deadlines.

To undertake appropriate reconciliations for the Collection Fund and produce the Collection Fund statement within

the Statement of Accounts.

To draft reports for officers on all capital planning and budgeting issues. To ensure that all relevant issues are

reflected in financial plans and budgets.

Coordinate the periodic asset valuation process in consultation with the property team engineers and valuers to

ensure that an asset register is maintained which is compliant with accounting requirements.

Coordinating with finance business partners to maintain up to date projections for all capital spending and funding

Calculating the revenue impact of new capital schemes and projects.

Input into the medium term financial strategy and annual revenue budget regarding capital charges and the impact of

financing costs.

Preparation of final accounts complying with the accounting code of practice and statutory requirements relating to

all revenue and capital accounting issues.

Input into financial planning and investment decisions regarding the cost of capital investment.

To develop the Capital Strategy in consultation with the Finance Manager Strategy.

To collaborate with the Finance Manager Strategy to ensure that the procedures and systems used for the

recording and monitoring of capital expenditure are fit for purpose.

Formulate and present financing options for capital expenditure in order to optimise the use of available

resources.

To calculate depreciation impairment and other capital charges.

Lead on the corporate grants register ensuring accurate grant records that satisfy both statutory accounting and

monitoring requirements.

Monitoring spending against specific grants and preparing grant claims as appropriate

Job Activities:

Completion of the annual draft Statement of Accounts within the statutory deadlines

Completion of other corporate statutory returns including WGA ROs etc

The capital and revenue accounting entries which contribute to the Statement of Accounts.

The financing of capital expenditure.

Production of the Capital Strategy document

Production Capital monitoring reports

Input into reports quantifying the impact of capital spending proposals and decisions

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