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- Tasks: Lead financial reporting, audits, and compliance while managing a high-performing team.
- Company: Join the UK Hydrographic Office, a unique part of the Government.
- Benefits: Enjoy a competitive salary, generous pension contributions, and flexible working options.
- Why this job: Make a real impact in finance while developing your skills in a supportive environment.
- Qualifications: ACA or ACCA qualified with experience in financial statements and corporate governance.
- Other info: Access extensive training, well-being support, and a modern workplace.
The predicted salary is between 48746 - 48746 £ per year.
The UK Hydrographic Office are looking for a Financial Accountant to work within their finance team. Working closely with the Head of Finance, Financial Controllers, the wider Finance and UKHO team, the role will be responsible for ensuring accurate financial reporting, completion of external audits and liaising with National Audit office (NAO), Government Internal Audit (GIAA) and wider MOD colleagues. The role will provide opportunity for both personal and professional development in a unique Commercial Organisation which is part of Government.
Lead the Financial Accounts team (payroll, accounts payable, accounts receivable, treasury management and tax compliance) to ensure compliance with UKHO, UK government and HM Treasury policies.
Preparation of financial statements, notes and related disclosures for annual report and accounts ensuring these are in line with the appropriate corporate governance and direction consistent with the FReM (Financial Reporting Manual), GAAP and International Financial Reporting Standards (IFRS). Ensure International Financial Reporting Standards (IFRS) are adhered to and are consistently applied throughout the business. Correct interpretation of these standards and in-depth understanding of the business is key to delivering an unqualified audit.
Ensure all required tax filings (such as VAT and Employer Duties) are prepared accurately and submitted on time. Ensure the UKHO direct and indirect taxes compliance by staying updated on changes in tax laws. Ensure accurate financial accounts are maintained, manage the financial controls framework to a high standard ensuring all control accounts are reconciled, assets are properly accounted for, verified and disposed when required.
Effective credit management of our distributors and other customers; communicating with the sales account managers to ensure we can continually monitor the sustainability of our distributor channel. Working with our credit agencies to minimise the risk to the UKHO.
Person specification
- ACA or ACCA qualified accountant with an excellent knowledge and track record of producing financial statements, managing a full year end audit cycle and effective corporate governance.
- Detailed knowledge of International Financial Reporting Standards (IFRS) and full consolidation of financial statements to understand how it affects the organisation.
- Financial accounting experience with attention to detail and pragmatic application of accounting standards using technical knowledge and skills to improve and facilitate decision making and performance.
- Experience of ensuring compliance with corporate governance principles.
- Excellent communication and interpersonal skills and organised approach to managing the routine set of tasks within the team whilst retaining the commitment of others involved in those tasks.
- Experience in managing a high performing team, empowering and motivating others to achieve organisational objectives.
Alongside your salary of £48,746, UK Hydrographic Office contributes £14,121 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides. At the UK Hydrographic Office, it's very important to us that our people feel valued. We offer a huge range of benefits such as training and development, well-being support, flexible/homeworking, a fantastic state of the art building, high spec equipment, and so much more.
Please submit your application through Civil Service Jobs. You will be short-listed against set criteria. Please read all criteria in detail and tailor your application to these requirements.
Financial Accountant in Taunton employer: Admiralty
Contact Detail:
Admiralty Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant in Taunton
✨Tip Number 1
Network like a pro! Reach out to current or former employees at the UK Hydrographic Office on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on IFRS and corporate governance principles. We recommend creating a cheat sheet of key points and examples from your experience that align with the job description. This will help you sound confident and knowledgeable!
✨Tip Number 3
Showcase your leadership skills! Think of specific instances where you've empowered your team or improved processes. The UK Hydrographic Office values high-performing teams, so be ready to share how you can contribute to that culture.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we’re always looking for passionate candidates who are eager to grow with us in the finance sector.
We think you need these skills to ace Financial Accountant in Taunton
Some tips for your application 🫡
Tailor Your Application: Make sure to read the job description carefully and tailor your application to highlight how your skills and experience match what they're looking for. We want to see how you fit into the role of Financial Accountant, so don’t hold back!
Show Off Your Qualifications: Since they’re after an ACA or ACCA qualified accountant, make sure to prominently display your qualifications in your application. We want to see your track record with financial statements and audits, so give us the details!
Highlight Your Team Management Skills: If you've got experience managing a high-performing team, let us know! We value leadership and the ability to motivate others, so share examples of how you've empowered your team to achieve their goals.
Apply Through Our Website: Don’t forget to submit your application through Civil Service Jobs as instructed. It’s super important to follow the application process, and we can’t wait to see what you bring to the table!
How to prepare for a job interview at Admiralty
✨Know Your Numbers
As a Financial Accountant, you’ll need to demonstrate your expertise in financial reporting and compliance. Brush up on the latest International Financial Reporting Standards (IFRS) and be ready to discuss how you've applied them in previous roles. This shows you’re not just familiar with the standards but can also implement them effectively.
✨Showcase Your Leadership Skills
Since the role involves leading a team, prepare examples of how you've successfully managed and motivated others in the past. Think about specific situations where you empowered your team to achieve objectives, as this will highlight your ability to lead within the finance function.
✨Prepare for Technical Questions
Expect questions that dive deep into your technical knowledge of financial statements and audits. Be ready to explain your experience with year-end audits and how you ensure compliance with corporate governance principles. Practising these scenarios can help you articulate your thought process clearly.
✨Communicate Effectively
Strong communication skills are essential for this role. Prepare to discuss how you’ve liaised with various stakeholders, such as auditors and government bodies. Use examples that showcase your ability to convey complex financial information in an understandable way, which is crucial for collaboration and compliance.