Management Accountant

Stanmore, ENG, GB, United Kingdom

Job Description

JOB DESCRIPTION



Job Title



Management Accountant

Contract



Permanent, Fulltime

Job location



Elm Park Campus, Stanmore

Department



Finance

Reports to



Director of Finance

Salary Range



37,854 - 43,110 per annum

Job Purpose:



We are looking for a Management Accountant to provide first-class financial service to all stakeholders of the College to enable good decision-making throughout the organisation. This pivotal position involves producing accurate monthly management accounts, forecasting, and in-depth variance analysis, while working closely with budget holders to optimise resource use. The post holder will also oversee cash flow management, ensure regulatory compliance, and support strategic initiatives such as capital projects and long-term financial planning. This role offers a significant opportunity to shape financial performance, enhance operational effectiveness, and support the strategic goals of the College.

Duties Specific to the Post:



To be responsible for the preparation of monthly management accounts to strict deadlines as well as detailed monthly review of forecasts. To be responsible for preparing monthly cost centre management accounts including detailed variance analysis. To meet all College budget holders monthly to analyse pay and non-pay spend as well as all funding source. To review all month end balance sheet reconciliations. Investigate and resolve issues arising from the reconciliations and inform the Director of Finance of any irregularities or concerns. Treasury and cash flow management, including detailing forecasting of cash in line with ESFA and bank requirements to ensure College's sustainability, ensuring that income is maximised on any surplus cash balances. To be responsible for preparation and finalisation of annual financial statements to strict deadlines in accordance with sector and statutory requirements and accepted accounting standards. To maintain and develop an effective budget production, monitoring and management system to facilitate and underpin operational and strategic planning. To manage, maintain and update the finance system to ensure accurate financial reporting, taking responsibility for the finance system and ensuring each year end closes down accurately and rolls forward to the next financial year. To assist in the preparation of all College budgets and three-year financial forecasts and ensure their submission to the Corporation and funding councils by the agreed deadlines. Assistance in the production of the College Financial Forecasting Return ('CFFR") and supporting documents. To address all relevant statutory requirements including VAT ensuring VAT treatment of all income and expenditure is appropriate and accurate and timely completion of VAT returns. To produce and submit all regulatory bodies returns including ensuring ESFA returns are submitted to deadlines when required. To maintain and develop an appropriate financial training and development strategy providing suitable support to non-financial managers consistent with strong budgetary management at all levels. Management of the college financial procedures and processes. To be responsible for the fixed asset register and ensure annual verification of assets. To reconcile monthly actual pay costs to payroll reports to ensure management information is complete and accurate. To assist in the management of the College capital bid reporting process working closely with the Head of Estates, IT and Projects Manager, to support the successful delivery of projects. To deputise for the Director of Finance as the main point of contact for the College's external and internal auditors and work subsequently with budget holders to ensure compliance with the audit findings. To deputise for the Director of Finance and represent the college at external and internal events as required. Any other duties as determined by the Director of Finance. To take responsibility for health & safety, equality & diversity, data protection, and sustainability within the scope of the role. To ensure adherence to relevant college policies and quality standards.

General:



Participate in open evenings and recruitment activities to ensure that potential applicants and students receive accurate information and guidance. Attend team meetings, College and external events as required. Ensure all data is handled in line with General Data Protection Regulations. Promote Equality, Diversity and Inclusion and adhere and fully implement the colleges policies and procedures relating to EDI. Take appropriate responsibility to provide a secure, safe and friendly learning environment including implementation of the College's Health and Safety Policy. Committed to Safeguarding and promoting the welfare of children and vulnerable adults, ensuring that this commitment is demonstrated in all aspects of the role as appropriate.
Further education is an ever-changing service, and all staff are expected to participate constructively in college activities and to adopt a flexible approach to their work. This job description will be reviewed annually during the appraisal process and will be varied in the light of the business needs of the college.

The postholder can be required to carry out any other duties consistent with the grade of the post, at any site on which the College may operate.

Closing Date:

Sunday, 1st June 2025

Interview Date:

Monday, 9th June 2025

PERSON SPECIFICATION



JOB TITLE: Admissions Officer



Criteria



Essential/ Desirable



Possible source of evidence



QUALIFICATIONS:



Qualified, Part qualified (final Stages) (ACCA/CIMA/CIPFA/ACA) or qualified by experience accountant

E

Application Form/ Certification

EXPERIENCE OF:



Management and Statutory accounts

E

Application form/supporting statement/ interview

Forecasting and budgeting

E

Application form/supporting statement/ interview

Maintaining and developing finance information system

D

Application form/supporting statement/ interview

Managing multiple & complex income/funding

E

Application form/supporting statement/ interview

KNOWLEDGE:



FE sector governance and accounting code of practice

D

Application form/supporting statement/ interview

Forecast and budgeting tools

E

Application form/supporting statement/ interview

Maintaining and developing finance information system

E

Application form/supporting statement/ interview

Managing multiple & complex income/funding

E

Application form/supporting statement/ interview

SKILLS:



Create and maintain wide range of effective working relationships

E

Application form/supporting statement/ interview

Confident and accomplished communicator and presenter

E

Application form/supporting statement/ interview

Self-motivated innovator, resourceful, capable of working under own initiative and capable of multi-tasking

E

Application form/supporting statement/ interview

Assemble and analyse data in a logical manner and present information in a variety of ways to meet stakeholder's needs

E

Application form/supporting statement/ interview

Flexible approach with an ability to work within and contribute to a changing environment

E

Application form/supporting statement/ interview

High level organisational skills with ability to set and achieve objectives/priorities and work under pressure

E

Application form/supporting statement/ interview

ABILITY TO:



Work in a pressured office environment

E

Application form/ supporting statement/ interview

Plan and organise effectively

E

Application form/ supporting statement/ interview

Work as a member of a team

E

Application form/ supporting statement/ interview

PERSONAL QUALITIES:



Commitment to continuous personal development

E

Supporting statement/ interview

Flexibility, reliability and a professional attitude to work

E

Supporting statement/ interview

Attention to detail

E

Supporting statement/ interview

Job Types: Full-time, Permanent

Pay: 37,854.00-43,110.00 per year

Benefits:

Bereavement leave Canteen Company pension Cycle to work scheme Enhanced maternity leave Enhanced paternity leave Flexitime Free flu jabs Health & wellbeing programme On-site gym Sick pay Store discount
Schedule:

Monday to Friday
Work Location: In person

Application deadline: 01/06/2025

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Job Detail

  • Job Id
    JD3103570
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Stanmore, ENG, GB, United Kingdom
  • Education
    Not mentioned