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Assistant Head of Financial Accounts
2 weeks ago
University of East London
We're the University of East London (UEL) founded in 1898 and proud to change lives through education. Our goal is to advance industry 5.0 careers-first education and provide a clear path to the jobs and opportunities of the future. We're committed to driving diversity in the 5.0 talent pipeline, working in partnership to promote talent wherever it is found and creating a balanced, inclusive, and green future.
But we can't achieve this goal alone. We need forward-thinking, innovative, and curious individuals like you to join our community and help us craft our future. As part of our team, you'll have the opportunity to work with a diverse range of people who share your passion for creating positive change. We're an inclusive and welcoming community that is constantly moving forward, never satisfied with the status quo.
About Us
The Finance Department at the University of East London plays a key role in managing the University's financial resources to ensure stability, efficiency, and strategic investment in its future, aligned with Vision 2028.
We provide a comprehensive range of financial services, including budgeting, financial and tax planning, compliance, and advisory support, ensuring the University operates smoothly. Our responsibilities also include the preparation of annual financial statements, statutory reporting, and regulatory submissions. We work proactively with Schools, Services, staff, and students to offer financial guidance, maintain compliance, and drive value for money across all operations.
About the Job
The post holder will lead on the production of the financial statements for the subsidiaries, ensure that these are correctly included in the Group's consolidated financial statements, and lead on the external audit of those statements. The post holder will be the key finance contact for the University's subsidiary companies and will advise the boards of those companies on financial decisions, produce monthly management accounts, and provide business partnering throughout the year. There are currently two subsidiary companies, however, due to the growth of the University, there are plans to increase this number over the next twenty-four months.
This role is integral to safeguarding the University's financial compliance, efficiency, and strategic cash flow management.
The post holder will provide a robust capital accounting service across the University and ensure that financial resources are managed effectively and efficiency.
About You
Candidates should be a senior finance professional and have proven experience in financial accounting. Reporting to the Head of Financial Accounts & Compliance, you will provide support in the day-to-day management of the Financial Accounting team. You will be a highly motivated individual with knowledge of working in a similar organisation and can perform effectively under significant pressure whilst continuously working to meet tight deadlines and can work independently with minimal supervision from your line manager.
You will also bring:
- A CCAB professional accountancy qualification.
- Substantial relevant experience in producing consolidated financial statements.
- Strong recent knowledge of technical accounting issues and regulations, including FRS102, and HE SORP and the ability to apply to the relevant situations.
- Experience of providing technical accounting advice and support to stakeholders, including the implementation of financial standards.
- Experience of managing or assisting with month-end, year-end, and external audit processes.
- Proven experience in capital accounting, financial analysis, and lease accounting requirements under FRS102.
- Experience of preparing cashflow forecasts and related treasury experience.
- Experience of managing and developing a team.
Benefits Package
At UEL, we believe that a great role is about more than just a salary. It's about the complete package, including our outstanding work environment and inclusive culture.
We offer a genuinely competitive salary, dependent on experience (DOE), and a range of excellent benefits.
You can explore our full benefits package here:
Equal Opportunities
UEL is an inclusive equal opportunities employer and are proud of our Equality, Diversity and Inclusivity achievements, including: zero gender pay gap, members of Stonewall and have won Athena Swan awards. We expect all employees of UEL to accept our EDI policy and will not tolerate discrimination in any form.
We're a disability confident employer and value all applications. Please let us know if you require any reasonable accommodations throughout the recruitment process.
So, if you'd like to take your career to the next level with us here at the University of East London and are inspired by our environment and commit to success, we want you to apply today
Please note that this advert may close earlier than the stated deadline if we receive a high volume of applications. We encourage you to submit your application as soon as possible.
Further Details
Job Description & Person Specification