Financial Operations Accountant

3 weeks ago

Twickenham, United Kingdom LGC Group Full time

Company Overview

LGC Group is a leader in managing research funding with an annual budget of approximately £550 million. Our Grant Management Group (GMG) specializes in providing Central Commissioning Facilities (CCF) for the National Institute for Health Research (NIHR), overseeing several significant health research programs and associated services for NIHR, DHSC (Department of Health and Social Care), and UKRI-MRC (Medical Research Council).

Position Overview

About You
We are in search of a meticulous and committed Management Accountant who possesses a strong 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. You thrive in environments where accuracy and efficiency are critical, and you are prepared to enhance the financial health and development of our organization.

Role Responsibilities
The primary responsibility of this role is to assist the Finance Team in overseeing the collection of income due to UKRI-MRC, which includes forecasting, monitoring, and accounting/reporting for DHSC award finances and GMG operational finances. The postholder will engage in various finance-related tasks, from report preparation and transaction processing to addressing inquiries from diverse sources and maintaining process documentation.

Key Responsibilities:

Support the Senior Finance Manager in the daily management of the UKRI-MRC contract. Act as a representative of the Finance team to the UKRI-MRC program team and other program teams, including participation in their meetings. Oversee the collection of income due to the UKRI-MRC, including forecasting, monitoring, and taking necessary actions to address any 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, maintaining schedules promptly, and resolving data quality issues. Provide timely and accurate responses to inquiries from program 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. Assist with research funding and committee expense payment processes as needed. Maintain Excel-based tools, relevant accounting schedules, and systems. Participate in a variety 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 management.

Qualifications

Required Knowledge, Experience, and Technical Skills
Essential Criteria

Proven experience in financial planning and analysis within a project and contract context. Background in a finance department. Strong familiarity with accounting systems and processes. Proficient in computer skills, particularly MS Office (Excel). Ability to establish and maintain productive working relationships, building trust and credibility with internal stakeholders at all levels. Capable of organizing workload effectively, managing multiple prioritized tasks, targets, and deadlines. Flexible, proactive, and independent work style, demonstrating initiative in completing assigned tasks. Ability to anticipate changing work volumes and business needs, planning for necessary support during critical periods.

Desired Criteria

Experience working in a finance department within a grant management organization.

Additional Information

Salary & Benefits
Competitive salary range and benefits including annual leave, contributory pension scheme, healthcare options, and IT support.

This role is hybrid, with expectations for office attendance as required.

Application Process
Interested candidates are encouraged to submit their CV along with a 'Statement of Suitability' that highlights relevant skills and experiences in relation to the essential criteria outlined in the job description.

EQUAL OPPORTUNITIES
LGC Group is committed to ensuring that every job applicant and employee is valued for their individual talents, promoting a diverse and inclusive workplace.

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