Financial Operations Accountant
3 weeks ago
Company Overview
LGC Group is a leading organization with a substantial annual budget of approximately £550 million, specializing in the management of research funding. We are currently seeking a skilled Management Accountant to enhance our finance team.
Our Grant Management Group (GMG) offers Central Commissioning Facilities (CCF) for the National Institute for Health Research (NIHR), overseeing several significant health research initiatives and associated services for NIHR, DHSC (Department of Health and Social Care), and UKRI-MRC (Medical Research Council).
Position Overview
Candidate Profile
We are in search of a meticulous and committed Management Accountant with a solid background in accounting systems and processes. Your extensive experience within finance departments equips you with a deep understanding of financial operations, reporting, and compliance. You are adept at managing accounting systems, ensuring precise financial data management and efficient processes. Your ability to thrive in environments where accuracy and efficiency are crucial will contribute significantly to our organization's financial health and development.
Role Responsibilities
The successful candidate will support the Finance Team in managing the collection of income owed to UKRI-MRC, including forecasting, monitoring, and accounting/reporting for DHSC award finances and GMG operational finances. Responsibilities will encompass a variety of finance-related tasks, from report preparation and transaction processing to addressing inquiries from various sources and maintaining process documentation.
Key Responsibilities:
Assist the Senior Finance Manager in the daily oversight of the UKRI-MRC contract Act as a representative of the Finance team to the UKRI-MRC programme team and other programme teams, including participation in their meetings Oversee the collection of income due to the UKRI-MRC, including forecasting, monitoring, and implementing measures to address or rectify breaches Evaluate funding applications against established eligibility criteria and assist in finance contract negotiations Analyze financial data to produce scheduled and ad-hoc reports Monitor finance contracts, including payment profiling, timely maintenance of schedules, and resolution of data quality issues Provide timely and accurate responses to inquiries from programme staff, contractors, customers, and other stakeholders regarding financial aspects of applications and funded research Engage in effective business partnering to gather relevant information for forecasting purposes Support research funding and committee expense payment processes as needed Maintain Excel-based tools, relevant accounting schedules, and systems Participate in a diverse range of internal finance processes, projects, and continuous improvement initiatives Provide ad-hoc support to finance management and undertake any other reasonable tasks as required by line managementQualifications
Required Knowledge, Experience, and Technical Skills
Essential Criteria
Desired Criteria
Experience in a finance department within a grant management organizationAdditional Information
Salary & Benefits
Competitive salary range of £39,200 to £41,400 PA
Generous annual leave policy, including public holidays (UK)
Contributory pension scheme
Benenden Healthcare
Season Ticket Loan
Provision of laptop, IT equipment, and remote IT support
This role offers a hybrid working arrangement, with an expectation for employees to attend the office a minimum of three to four days per week initially, transitioning to one to two days per week thereafter.
Application Process
Interested candidates are encouraged to submit their CV along with a 'Statement of Suitability' that highlights key skills and experiences relevant to the 'Essential Criteria' outlined in this job description. Additionally, candidates should express their enthusiasm for contributing to the work of NIHR.
EQUAL OPPORTUNITIES
LGC Group is committed to ensuring that every job applicant and employee is valued for their unique talents, irrespective of age, disability, race, colour, ethnic or national origin, sex, sexual orientation, gender reassignment, marital or civil partnership status, pregnancy or maternity, religion, or belief. The shortlisting, interviewing, and selection processes will always be conducted without regard to gender, sexual orientation, marital status, colour, race, nationality, ethnic or national origins, religion or belief, age, or trade union membership.
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