Job Description

Details

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Reference number

439800

Salary

37,841
A Civil Service Pension with an employer contribution of 28.97%
GBP

Job grade

Executive Officer
UKRI Band D

Contract type

Permanent

Business area

UKRI - Accounts and Business Planning

Type of role

Accountancy

Working pattern

Full-time

Number of jobs available

1

Contents

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Location About the job Benefits Things you need to know Apply and further information

Location

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Didcot

About the job

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Job summary

Responsible for the oversight and management of the STFC Fixed Asset Register ensuring Fixed Assets and AuC Capital Projects are accounted for and controlled on a day to day basis in accordance with IFRS/FReM and UKRI Policy.


Fixed Asset balances represent a significant part of STFC's Statement of Financial Position. A properly maintained and accurate Fixed Asset Register is required to ensure the NAO do not qualify UKRI Statutory Accounts; Capital Projects also need to be managed to ensure that forecasting(out-turn) processes are robust and so cause no material impact at year end. In March 2023 STFC had 12,000 Fixed Assets valued at 2.70B (gross) 1.22B(net) and a further 71M of Assets Under Construction across 180 Capital Projects.

Key areas of accountability:

Leadership / teamwork / collaboration

Effective and active contributor to the team, where appropriate makes proactive suggestions to improve ways of working and coordinates with other teams within UKRI. Build & maintain good working relationships with colleagues & business partners and provide input where needed to assist in the resolution of queries, & to share findings. Deals effectively with challenging situations and consults at a higher level when necessary. Adaptable and flexible approach to work; able to effectively multi-task

Job description

Working with Management Accountants and Project Managers to ensure that Capital Projects are set up and accounted for correctly, and Fixed Assets are created in a timely manner. Reconciling large data sets between Oracle PA and Oracle GL modules on a project by project basis. Allocation of costs to individual assets. Ensure Fixed Asset capitalisation and disposals are in accordance with UKRI policies and International Financial Reporting Standards. Using experience and judgement to determine appropriate level of asset componentization/aggregation. Using experience and judgement to review transactions for non-capital costs. Using experience and judgement and working with Asset Holders to ensure individual assets are not held at values above their recoverable amount (fair value/value in use). To review the impairment or disposal of assets. The development, implementation & communication of FA related policies, procedures, and systems. Ensure adequate internal controls. Liaison with NAO and GIAA.

Person specification

The below criteria will be scored during Shortlisting (S), Interview (I) or both (S&I).

Essential

CCAB part-qualified or significant experience in working with capital project accounting. (S) Previous experience working in a finance environment and dealing with tight deadlines. (S/I) Experience in the creation and management of Fixed Assets and large Capital Projects. (S/I) Ability and experience of presenting and explaining financial information to non-financial staff. Experience of external audits, providing audit data and liaison with auditors. (S/I) Ability to prioritise work and meet tight timescales and adapt to regularly changing priorities. (S/I) Good understanding of financial accounts preparation and accounting principles. (S/I) Able to establish effective working relationships with colleagues and stakeholders. (S/I) Able to resolve problems independently whilst knowing when to consult or take advice. (S/I)

Benefits

We recognise and value our employees as individuals and aim to provide a favourable pay and rewards package. We are committed to supporting employees' development and promote a culture of continuous learning!

A list of benefits below:

An outstanding defined benefit pension scheme 30 days' annual leave in addition to 10.5 public and privilege days (full time equivalent) Employee discounts and offers on retail and leisure activities Employee assistance programme, providing confidential help and advice Flexible working options

Plus many more benefits and wellbeing initiatives that enable our employees to have a great work life balance!

For further information on our benefits please see:

Benefits of working at UK Research and Innovation (UKRI)


Please apply online, if you experience any issue applying, please contact Recruitment@ukri.org


Please note, if you will require sponsorship to work in the UK, as part of your sponsorship application, you and any dependants travelling with you, will be required to pay costs directly to The Home Office for the application before you start your role with us. UKRI is normally able to reimburse some, or all of these fees after you have become an employee and this can be discussed with the Hiring Manager. For more information, please visit https://www.gov.uk/skilled-worker-visa/how-much-it-costs or contact Recruitment@ukri.org.

Benefits

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Alongside your salary of 37,841, UK Research and Innovation contributes 10,962 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.Learning and development tailored to your role An environment with flexible working options A culture encouraging inclusion and diversity A Civil Service pension with an employer contribution of 28.97%

Things you need to know

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Selection process details

1st interview


Interviews will take place either remotely via Teams or in person, face to face.



Feedback will only be provided if you attend an interview or assessment.

Security

Successful candidates must undergo a criminal record check.
Successful candidates must meet the security requirements before they can be appointed. The level of security needed is security check .



See our vetting charter .
People working with government assets must complete baseline personnel security standard (opens in new window) checks.

Nationality requirements

This job is broadly open to the following groups:


UK nationals nationals of the Republic of Ireland nationals of Commonwealth countries who have the right to work in the UK nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS) individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020 Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service
Further information on nationality requirements

Working for the Civil Service

Please note this Post is NOT regulated by the Civil Service Commission.
The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.

Diversity and Inclusion

The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see the Civil Service People Plan and the Civil Service Diversity and Inclusion Strategy .

Apply and further information

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Contact point for applicants

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Job contact :

Name : Recruitment Team Email : recruitment@ukri.org
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Recruitment team

* Email : recruitment@ukri.org