Finance Management Systems Accountant
Job Category : Financial (Specialist)
Location : London Borough of Hillingdon
Start Date : Immediate Start
Start Time : 09:00
End Time:17:00
Salary: £136.15 Per Day
Financial Systems Support for new Oracle Cloud Implementation, liaise with Internal and External ICT support to ensure Data migration is accurate and reconciled.
11. JOB PURPOSE
1. To support the Senior Service Manager – Corporate Finance and Principal Accountants in providing budget monitoring and budget development advice and guidance to accountants across the council.
2. To maintain and develop financial models for all aspects of financial planning and to assist with analysis of the Council’s main Funding – including Local Government Finance Settlements, CSR implications, and all future funding streams including retention of NNDR.
3. To support the annual budget production process for the council.
4. To support the monthly budget monitoring process.
5. To assist with the accounting for the Collection Fund.
12. MAIN DUTIES AND RESPONSIBILITIES
1. To support the Principal Accountant to undertake an annual budget review exercises to develop the next financial year’s budget, and to inform the medium term financial planning strategy.
2. To assist with detailed technical analysis of funding announcements and changes and maintain financial models to assess their impact on the Council’s overall funding, developing models further as required.
3. To support the production of the annual revenue budget for the authority in conjunction with service areas, including the statutory requirement for setting council tax and the production of all require reports for CMT and members
4. To take responsibility as directed for specific aspects of accounting for the Collection Fund. Assist with modelling of the council tax base, monitoring and impact of CTB localisation, retention of NNDR, New Homes Bonus and any other related legislation
5. To assist with the analysis of the impact on Council Tax levels of spending plans, including comparisons against other authorities, as required.
6. To support the monitoring of the receipt and use of all grant income to ensure correct recognition and use, and maintain processes for all corporate levy income and expenditure.
7. To maintain the budget virement monitor and assist in the monthly production of control totals for budget monitoring and to support the collation of the monthly revenue monitoring report as required.
8. To prepare financial statistical returns as directed by the Principal Accountant.
9. Be fully conversant with the Council’s General Ledger and Financial Information systems, and be able to assist other members of the Group in accessing and interpreting this information.
10. To maintain an up to date working knowledge of the Authority’s Creditor, Payroll and Income systems, in order to be able to resolve queries.
11. To assist with and respond to any investigations and reports of the Internal Audit Section and External Audit, as required.
12. Any other duties commensurate with the work and grading of the post as directed by the Principal Accountant.
QUALIFICATIONS
SO2
3 GCSE passes including Maths & English; or vocational equivalent.
AAT fully qualified or equivalent and / or experience requirements as set out below
POA
Passed first year of a full professional CCAB accounting qualification and / or experience requirements as set out below.
EXPERIENCE
2 years local government finance experience
Experience of using based financial systems within a large complex organisation.
KNOWLEDGE & SKILLS
Ability to effectively utilise IT packages, including Microsoft software spreadsheets and word processing packages.
Sound understanding of accounting principles and practices and the financial issues affecting local authorities.
Good working knowledge of a General Ledger package.
Proven analytical skills and ability to present financial information clearly.
Strong organisational and time management skills and ability to work to tight deadlines.
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