A highly respected Higher Education Performing Arts Conservatoire based in North London seeks to recruit an experienced, qualified accountant.
The organisation prides itself on fostering a supportive and collaborative work environment where people enjoy working and contributing to the success of the business. You'll be working closely with a passionate Managing Director who values teamwork and encourages initiative. Based in smart professional offices this is an office-based job.
The Role
As Financial Controller, you will play a crucial role in financial operations. Your responsibilities will include preparing termly management accounts, creating and managing complex Excel spreadsheets, and providing detailed financial reports to the Senior Management Group. You will handle cash funding requirements and variance explanations and engage in forecasting for the group office. Additionally, you will prepare quarterly VAT returns, manage day-to-day office duties, and collaborate with the full-time Accounts Assistant on pay runs. You will also use Xero, supported by Dext for purchase invoice processing & ApprovalMax for invoice approval, and supervise the yearly audit with the auditors.
: FINANCIAL CONTROLLER
General Functions:
Responsible for overseeing all aspects of financial management, including strategy, planning, reporting and operations.
Principal Duties and Responsibilities:
Oversee Data Entry
Managing all day to day accounting operations, including accounts payable and receivable
Managing student accounts including raising annual tuition fee invoices and amending accounts in line with scholarships
Reconciling the Finance Fees List to LSC's accounting software (currently Xero)
Posting of supplier invoices via online bookkeeping software (currently Dext) / automated approval workflows (currently ApprovalMax)
Posting of petty cash / credit cards / Paypal to Xero
Preparing monthly Payroll template & submit to payroll bureau, reconcile summary returned to template
Posting of monthly payroll to Xero
Reviewing & overseeing payment runs
Managing Cash Flow
Monitoring Cashflow and liaising with bankers
Monitoring LSC Credit Card usage / balances
Financial Operations
Managing the Accounts Assistant
Ensuring all financial processes are running smoothly
Financial Management
Analysing and preparing financial statements
Preparing annual budgets and forecasts
Distributing budget information to relevant department heads and monitoring expenditure vs budget
Preparing termly management accounts
Developing strategies to improve profitability and cash flow
Managing the annual audit, being the main point of contact throughout
Preparing & submitting Office for Students' Annual Financial Return/s, and liaising with Office for Students as required
Conducting first approval of invoices
Monitoring Approval process and set up on ApprovalMax as required
Reconciling accounts as necessary
Preparing schedule of proposed financial increases for the next academic year
Student Support
Assisting students who are in financial difficulty
Contributing to the Widening Access and Financial Support Team with recommendations of students at financial risk
Liaising with Student Records Manager regarding students issues, such as change of student status (interrupting / withdrawing / returning) or Student Finance issues
Human Resources
Managing and distributing staff annual pay increase process
Assisting in the Recruitment process for Administration staff if requested
Managing the preparation of contracts for new employees/self-employed agreements, updating in line with legislation as required
Managing HR portal and HR database including its integration to Payroll
Administration
Being a member and actively contribute to a range of meetings, including but not limited to; Finance Committee, Student Debt Review Team, Widening Access and Financial Support Team and Human Resources Committee
Chairing the Student Debt Review Team
Contributing to these meetings regularly by providing updated documentation and agenda items
Maintaining good management of all records and correspondence, filing and archiving as required
Maintaining and updating relevant information on the website and LSC's virtual learning environment throughout the year in line with changes agreed and CMA requirements.
Person Specification
You will be ACCA, CIMA, ACA or QBE qualified Accountant
Offer Proven experience in financial management and reporting
Excellent Excel skills, including spreadsheet creation and complex formulas
Strong communication skills for reporting and liaising with different departments
Experience with Xero is preferred
Ability to manage multiple tasks and meet deadlines
Strong numerical and analytical skills
Ability to independently manage workload and lead the small team
Ability to deal with confidential and sensitive information
Proactive approach to continuing professional development
The role
Normally 8.45am-4.45pm, Monday to Friday (8 hours a day including 1 hour paid lunch break)
Full time, permanent following successful probation
Based on site in Performing Arts Centre North Finchley
Available immediately
What You Will Get in Return:
Salary range of 50,000 to 60,000
25 days of annual leave plus bank holidays
A supportive and friendly work environment within a close-knit team
Opportunities for professional growth and development
The chance to work closely with a passionate MD and contribute to the company's international success
Opportunities to watch student performances and get involved in the activities of the conservatoire.
Applying
To make an application, please complete the following:
CV and cover letter
Equal Opportunities Monitoring form - https://londonstudiocentre.wufoo.com/forms/lsc-job-application-equal-opportunities-form/
Please send these to humanresources@londonstudiocentre.ac.uk
as soon as possible.
If you have any questions regarding the position, please do not hesitate to contact Human Resources at the above email or 020 7520 2800/814.
Please note:
Should you require this application in another format please do not hesitate to contact us
All correspondence will be made by email, please therefore make sure a valid email address is provided and checked during the application process
London Studio Centre is committed to being an Equal Opportunities employer. We welcome applications from all suitably qualified persons regardless of their gender, disability, race, culture, religion/belief, sexual orientation, age, socio-economic background, class, mental health or caring duties.
London Studio Centre conforms with the Data Protection Act (1998) and General Data Protection Regulation (2018) and will treat all information received with the relevant security.
Job Types: Full-time, Permanent
Pay: 50,000.00-60,000.00 per year
Schedule:
Monday to Friday
Ability to commute/relocate:
London N12: reliably commute or plan to relocate before starting work (required)
Experience:
qualified accounting (ACCA/CIMA/ACA/QBE): 3 years (required)
Work authorisation:
United Kingdom (required)
Work Location: In person
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