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For Companies At a Glance
- Tasks: Join a dynamic finance team ensuring compliance and producing statutory reports.
- Company: DVSA keeps Britain moving safely and sustainably, enhancing road safety and transport.
- Benefits: Enjoy flexible working, generous leave, tech perks, and excellent learning opportunities.
- Why this job: Make a real impact on road safety while developing your skills in a supportive environment.
- Qualifications: Qualified accountant with experience in IFRS, FReM, and large organisations required.
- Other info: Opportunities for line management and rotation in specialisation areas.
The predicted salary is between 40000 - 52000 £ per year.
Location: Bristol, Nottingham, Swansea
Salary: £46,848 per annum
The Role
As a Senior Financial Accountant (SFA) for the Driver and Vehicle Standards Agency (DVSA) you will be part of a specialist team that sits at the heart of the finance department. The team provides expert advice, support and challenge to DVSA managers, ensuring compliance with all statutory, regulatory and best practice accounting standards and requirements. We produce statutory reports and manage the balance sheet, including managing fixed asset register.
As a senior member of the Financial Accounting team the job holder is expected to participate across the full breadth of the team’s remit whilst specialising in one of the areas. The area of specialisation will be rotated through the team to encourage staff development. The roles we are currently recruiting will specialise initially in either Financial Accounting or Fixed Asset Accounting.
- Financial Accounting – Take lead responsibility for the financial assurance and governance of DVSA. To include managing DVSA accounting policies, ensuring compliance with IFRS and FReM, production of the Annual Report and Accounts and managing the period end close process as well as taking ownership for the audit process.
- Fixed Asset Accounting – Maintaining governance and control over the fixed asset base of DVSA. This involves becoming the key point of expertise regarding DVSA’s fixed asset registers, supporting and contributing to the DVSA’s capital strategy, ensuring compliance with IFRS and FReM, and producing regular monthly reports to Boards and the relevant elements of the Annual Report and Accounts.
The role may include line management of other members of the team.
Person specification
You will be a qualified accountant. You will have experience of working with IFRS, FReM or other statutory reporting frameworks. You will preferably have experience of SAP (or similar financial system), and experience of working in Finance in a large, complex organisation. You will be analytical, well organised and passionate about making a difference. We are looking for people who build relationships and work well as part of a team.
About Them
The Driver and Vehicle Standards Agency (DVSA) helps keep Britain moving, safely and sustainably. They do this by helping people through a lifetime of safe and sustainable journeys, helping them keep their vehicles safe to drive, and protecting them from unsafe drivers and vehicles. They’re working hard to:
- make roads safer
- improve services for their customers
- make road transport greener and healthier
- harness the potential of technology and data
- grow and level up the economy
Benefits
- An environment with flexible working options where we encourage a great work-life balance
- Generous Annual Leave - 25 days holiday, increasing by 1 each year of service, up to 30
- 8 Bank Holidays plus an additional Privilege Day to mark the King’s birthday
- Latest IT and Tech devices
- A culture encouraging inclusion and diversity with a range of staff communities to support all our colleagues
- Excellent learning and development tailored to your role including paid apprenticeships up to Masters level
- Wide range of discounts schemes on high street names
- Employee assistance programme for health and well-being
- Cycle to work scheme and Gym membership offers
To Apply
If you feel you are a suitable candidate and would like to work for the DVSA, please proceed through the following link to be redirected to their website to complete your application.
Senior Financial Accountant employer: DVSA
Contact Detail:
DVSA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Financial Accountant
✨Tip Number 1
Familiarise yourself with the specific accounting standards mentioned in the job description, such as IFRS and FReM. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to compliance and governance.
✨Tip Number 2
Network with professionals in the finance sector, especially those who have experience with large organisations or public sector accounting. Engaging with them can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss your experience with financial systems like SAP. Be ready to share specific examples of how you've used such systems to manage financial reporting or fixed asset accounting in previous roles.
✨Tip Number 4
Showcase your analytical skills by preparing a case study or example of a complex financial issue you've resolved in the past. This will highlight your problem-solving abilities and your passion for making a difference in financial governance.
We think you need these skills to ace Senior Financial Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications as an accountant, particularly your experience with IFRS and FReM. Emphasise any relevant roles where you've managed financial reporting or worked in a large organisation.
Craft a Strong Cover Letter: In your cover letter, express your passion for finance and how your skills align with the DVSA's mission. Mention specific experiences that demonstrate your ability to manage financial assurance and governance.
Highlight Relevant Experience: When detailing your work history, focus on your experience with SAP or similar financial systems. Include examples of how you've contributed to financial compliance and reporting in previous roles.
Showcase Teamwork Skills: Since the role requires collaboration, provide examples of how you've successfully worked within a team. Highlight any leadership roles or instances where you built strong relationships with colleagues.
How to prepare for a job interview at DVSA
✨Understand the Role
Make sure you thoroughly understand the responsibilities of a Senior Financial Accountant, especially in relation to IFRS and FReM compliance. Familiarise yourself with the specific duties mentioned in the job description, such as managing the balance sheet and producing statutory reports.
✨Showcase Your Experience
Be prepared to discuss your previous experience with financial systems like SAP and your familiarity with statutory reporting frameworks. Highlight any relevant projects or roles where you demonstrated your analytical skills and ability to work in a complex organisation.
✨Demonstrate Teamwork Skills
Since the role requires building relationships and working well within a team, think of examples from your past where you successfully collaborated with others. Be ready to explain how you contribute to a positive team environment and support your colleagues.
✨Prepare Questions
Have a few thoughtful questions ready to ask at the end of the interview. This could include inquiries about the team's current projects, the company's approach to professional development, or how they measure success in this role. It shows your genuine interest in the position and the organisation.
