Financial Accountant in Cardiff

Would you like to work with the UK’s only national emergency service that has a variety of contracts and commercial arrangements with the associated complex accounting treatments for our helicopter and aviation services? Do you want to be a subject matter expert providing technical accounting advice/guidance and apply your professional judgement to future business strategies in line with International Financial Reporting Standards and the Financial Reporting Manual (FReM), in support of our business and operational colleagues? Are you experienced in external financial reporting processes including the production of Annual Report and Accounts in accordance with International Financial Reporting Standards and being the main point of liaison with our External Auditors? We’d love to hear from you!

The Maritime and Coastguard Agency (MCA) is seeking a Financial Accountant to join the Corporate Services. The MCA is an Executive Agency of the Department for Transport, providing multiple statutory functions as flag, port and coastal State and delivering international obligations for search and rescue, environmental protection and responding to major maritime incidents. The Finance function is a key enabler for the Agency to ensure we can deliver against this remit, managing an annual budget of c. £500m. As part of the Directorate of Corporate Services, the Financial Accounting team is responsible for preparing external financial reporting for the Agency and ensuring robust processes are in place to give assurance on the quality of the numbers.

Benefits

• Employer pension contribution of 28.97% of your salary.
• 25 days annual leave, increasing by 1 day each year of service (up to a maximum of 30 days annual leave), plus 8 bank holidays and a privilege day for the King’s birthday.
• Flexible working options where we encourage a great work-life balance.

Responsibilities

• Ensuring Finance processes are compliant with International Financial Reporting Standards (IFRS) requirements and the Government Financial Reporting Manual (FReM).
• Producing financial statements, notes and narrative in line with IFRS and FReM requirements, and present to stakeholders.
• Producing quarterly consolidation packs for submission to DfT colleagues, ensuring returns are consistent with internal reporting.
• Working closely with diverse stakeholders, across the audit period, ensuring progression of annual reports and accounts in agreed timescale.
• Supporting continuous improvement and transform financial systems and data, to meet stakeholder needs.
• Supporting stakeholders with technical accounting advice and guidance and support business managers in complex situations, contributing to future business strategies.
• Ensuring Non‑Current Assets are correctly recognised, componentised and reported, and interpretation of impact to financial reserves and government accounting.
• Ensuring any technical accounting adjustments are accurately assessed with supporting information to underpin management decisions.
• Ensuring the Agency’s leasing arrangements are correctly accounted for in line with IFRS16 Leases requirement.

Great line management is important to us as an organisation, and we will equip and support line managers to develop the skills they need. We aim to empower line managers to create teams where people can flourish and deliver excellent outcomes for the public.