Financial Accountant

Michael Page Finance
£36000 - £45000 per annum
15 Oct 2016
14 Nov 2016
Contract Type
To support the Head of Finance in the production of key statutory accounting reports for all subsidiary/business units for the Group

Client Details

Leading College in Manchester is expanding and looking for an ambitious financial accountant to join the team.


Key Responsibilities will include:

  • Modelling of subsidiary/business unit balance sheets and cashflows to deliver an overall Group wide acceptable current ratio and financial health grade including the group cashflow.
  • To review and comment upon subsidiary/business unit cash positions on a monthly basis, provide comments/advice to maximise future cash balances and prepare forward looking 2 year rolling cash flows.
  • Prepare all data and updates for the monthly accounting packs
  • Responds to financial inquiries by gathering, analysing, summarising, and interpreting data.
  • Prepare management accounts packs for loan covenant reporting to meet monthly, quarterly and yearly compliance to facility agreements, as well as ensuring interest payments are made on time.
  • Prepare payment schedules for each payment in respect of interest on loans and ensure payment is made in accordance with terms to ensure there is no covenant breach
  • Prepare monthly financial grading reports for review by the Group Finance Director
  • Production of weekly liquidity reports
  • Produce, as required, any ad-hoc reports required by the Head of Finance and Group Finance Director.
  • To liaise with external stakeholders e.g. auditors and banks.

  • Production of tax returns for Group and its subsidiary companies
  • Collation of all income and costs data to identify tax liability (using the finance systems)
  • Ensure all data is uploaded submitted through the IXBRL software and reconciled before submission to HMRC

  • Production and submission of quarterly and annual VAT returns
  • Advise on VAT treatment for new codes and new activity
  • Produce monthly reports from the finance system for checking VAT treatment and correct classification prior to purchase ledger close
  • Prepare monthly journals (eg to correct any VAT errors and accrue for any recovery/cost)
  • Evaluation of capital goods schemes and prepare associated annual journals
  • Liaise with external VAT advisors on complex issues



  • A qualified accountant with at least 5 years post qualification relevant experience (ACCA, ACA, CIMA, CIPFA)
  • Proven practical experience of VAT and Tax computations and returns
  • Level 2 English and Maths
Previous Experience

  • Significant financial reporting experience in a similar size organisation.
  • Understanding of Financial Reporting Standards and their application and capable of demonstrating up to date technical financial reporting knowledge.
  • Experience of managing a team.
Job Specific Skills:

  • Experience of owning and producing statutory financial statements
  • Good literacy and numeracy skills
  • Demonstrated competence in Microsoft office (word/excel)
  • Ability to work to strict deadlines, to use own initiative and also to work as part of a team.
  • Ability to manage multiple tasks simultaneously by planning, prioritising and scheduling tasks to accommodate ad hoc requests alongside routine daily activities.
  • Strong management and communication skills both within finance as well as across internal and external stakeholders
  • Good knowledge of accounting practices, statutory regulations and reporting requirements including the ability to provide technical support and advice to management
  • Ability to foster a culture of teamwork and able to work with colleagues across the organisation
  • Trustworthy with the ability to deal with confidential information

Job Offer

£36,000-£45,000 with a generous benefits package

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