Finance Manager - Capital & Balance Sheet

Finance Manager – Capital & Balance Sheet About the job: Finance Manager – Capital & Balance Sheet Job Description Job Title: Finance Manager Revenue / Capital and Balance Sheet Management Group: Finance and Corporate Services Department: Finance & Property Section: Financial and Technical Reports to: Chief Accountant Responsible for: Overall day-to-day responsibility for managing up to 6 FTE. Main purpose of the job: To ensure that revenue and capital accounting entries underpinning the Statement of Accounts are produced in a timely manner, are accurate, and in accordance with relevant legislative requirements and professional codes of practice and guidelines. To produce the Statement of Accounts, Group Accounts, and other related statutory returns. To lead on the provision of financial advice and statutory returns relating to taxation and VAT. To support and coordinate the development of capital strategy as an integral part of the medium-term financial strategy, formulating policies and practices across the nominated Council(s). To produce high-level capital monitoring reports in accordance with the timetable established by the Head of Strategy, Treasury, and Pensions. To collaborate with the Finance Manager, Treasury & Pensions in developing a Treasury Strategy which reflects the Council\’s capital spending plans and cash flow forecasting. The post focuses on delivering specialist accounting services, requiring a wide understanding of accounting requirements and practical knowledge. Major Duties and Responsibilities: Ensure that the Council\’s accounts are produced in compliance with all statutory accounting requirements. Provide technical accounting advice to senior management, Members, and Finance staff. Use appropriate financial data analytics to review revenue and capital information for accuracy and appropriateness. Manage key reconciliations around balance sheet accounts and ensure suspense accounts are cleared timely. Produce and submit VAT and tax returns within required deadlines. Undertake reconciliations for the Collection Fund and produce the Collection Fund statement within the Statement of Accounts. Draft reports for officers on capital planning and budgeting issues, ensuring relevant issues are reflected in financial plans and budgets. Coordinate periodic asset valuation processes in consultation with property teams, engineers, and valuers to maintain a compliant asset register. Maintain up-to-date projections for all capital spending and funding in collaboration with finance business partners. Calculate the revenue impact of new capital schemes and projects. Contribute to the medium-term financial strategy and annual revenue budget regarding capital charges and financing costs. Prepare final accounts in accordance with the accounting code of practice and statutory requirements. Input into financial planning and investment decisions regarding capital investment costs. Develop the Capital Strategy in consultation with the Finance Manager Strategy. Ensure procedures and systems for recording and monitoring capital expenditure are fit for purpose. Formulate and present financing options for capital expenditure to optimize resource use. Calculate depreciation, impairment, and other capital charges. Lead the management of the corporate grants register, ensuring accurate records that satisfy statutory accounting and monitoring requirements. Monitor spending against grants and prepare grant claims as appropriate. Person Specification Education & Formal Training: Qualified CCAB Accountant or equivalent relevant finance qualification. Participation in Continuing Professional Development. Relevant Technical Experience, Knowledge & Skills/Abilities: Detailed knowledge of accounting requirements related to capital and revenue expenditure and their strategic influence. Accounting and budgetary experience, with sound knowledge of local government finance frameworks, standards, statutory requirements, and codes of practice. Understanding of major issues facing local government, including national policy context and future directions. Excellent interpersonal, communication, and presentation skills, with the ability to communicate effectively across various audiences. Experience in producing year-end accounts, attending meetings, financial appraisals, modeling, and developing business cases. Staff management experience with leadership and development skills. Experience in delivering change programmes. #J-18808-Ljbffr