Senior Financial Accountant

Senior Financial Accountant

Full-Time 40000 - 50000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead financial accounting for non-current assets and support external audits.
  • Company: Join the Department for the Environment, Food and Rural Affairs, making a real impact.
  • Benefits: Competitive salary, flexible working, and opportunities for professional growth.
  • Other info: Dynamic role with opportunities to innovate and improve financial processes.
  • Why this job: Be part of a team that safeguards our environment while advancing your finance career.
  • Qualifications: CCAB, CIMA, or equivalent qualification required; AAT Level 4 considered.

The predicted salary is between 40000 - 50000 ÂŁ per year.

Location: East Midlands (England), East of England, London (region), North East England, North West England, South East England, South West England, West Midlands (England), Yorkshire and the Humber

The Department for the Environment, Food and Rural Affairs is the UK government department responsible for safeguarding our natural environment, supporting our world‑leading food and farming industry, and sustaining a thriving rural economy. Our broad remit means we play a major role in people’s day‑to‑day life, from the food we eat, and the air we breathe, to the water we drink.

As a Senior Financial Accountant working in the Natural England‑facing financial accounting team within Defra group Finance, you will have the opportunity to engage with a range of complex finance and accounting issues in support of Natural England’s vision of achieving thriving nature for people and planet. The postholder will sit within the team responsible for producing Natural England’s resource accounts, facilitating the external audit, and providing technical financial accounting advice.

Key responsibilities include:

  • Leading our work on non‑current assets, including exercising oversight of our shared services provider who have day‑to‑day management responsibility of the fixed asset register by ensuring that all additions, disposals, transfers, depreciation and amortisation and revaluations are accounted for correctly.
  • Working closely with Finance Business Partners, Management Reporting, and Natural England stakeholders to improve non‑current asset reporting throughout the project lifecycle.
  • Proactively manage assets‑under‑construction balances to ensure transactions are correctly recorded, monitored, and brought into service when ready.
  • Ensure adherence to International Financial Reporting Standards as adapted and interpreted by the government’s Financial Reporting Manual.
  • Lead the non‑current asset verification and impairment reviews, quinquennial valuations, and oversee the use of indices.
  • Provide financial accounting advice to Finance and Natural England stakeholders on new transactions, projects, and policies.
  • In facilitating the external audit, respond to requests for information, provide walkthroughs, obtain evidence and explain the reasoning for particular transactions, balances, and movements across the financial statements.
  • Liaising with the external auditors, including preparing and reviewing accounting assessments.
  • Supporting the actions taken in response to management letter recommendations from prior year audits and any internal audit recommendations.
  • Contribute to the Synergy programme as the non‑current asset subject matter expert for Natural England.
  • Working on other aspects of statutory reporting including the annual report and other aspects of the financial statements as required.

Person specification

SKILLS AND EXPERIENCE

This role would suit somebody who:

  • has a high level of digital proficiency including Microsoft Excel, finance systems (preferably Oracle) and Business Intelligence tools (e.g. Qlik or PowerBI)
  • can work effectively in a geographically dispersed team
  • has experience producing statutory accounts, preferably in the public sector
  • works to a high degree of accuracy with keen eye for detail
  • has experience in managing a non‑current asset register
  • has strong written and verbal communication skills, including being able to discuss complex financial issues in an accessible way
  • takes the initiative to identify and solve problems affecting issues in your remit independently
  • has experience in applying a range of accounting standards in a practical context, including assessing which standards are most appropriate given a particular scenario
  • has been involved with a statutory audit and can identify the underlying audit assertions being tested, selecting the most appropriate evidence and managing a high volume of queries simultaneously
  • identifies opportunities for continuous improvement and acts on them, adding value, increasing efficiency and quality of outputs

TECHNICAL SKILLS

This role sits within the team responsible for providing technical financial accounting and reporting advice across the Defra group, so it is important that the postholder can provide credible, authoritative advice on a range of issues. This may include:

  • knowledge and practical experience in using the International Financial Reporting Standards (IFRS), including IAS 2, IAS 16, IAS 36, IAS 37, and IAS 38, and IFRS 15
  • knowledge of the government’s Financial Reporting Manual (FReM), the Consolidated Budgeting Guidance (CBG) and Managing Public Money (MPM)
  • using finance systems, reporting tools, and MS Excel

QUALIFICATIONS

This role is suitable for a CCAB, CIMA, or equivalent qualified accountant. L4 AAT or those studying towards CCAB may be considered if they can demonstrate the necessary technical aptitude that the role requires.

Behaviours We'll assess you against these behaviours during the selection process:

  • Delivering at Pace
  • Making Effective Decisions
  • Working Together

Technical skills We'll assess you against these technical skills during the selection process:

  • Knowledge of the International Financial Reporting Standards: The interview will include a short section to test your understanding of some accounting concepts and the standards the post‑holder is most likely to come across.

For more information and to apply, please visit our website via the apply button below.

Senior Financial Accountant employer: Department of Environment, Food and Rural Affairs (Defra)

The Department for the Environment, Food and Rural Affairs (Defra) is an exceptional employer, offering a dynamic work culture that prioritises collaboration and innovation in safeguarding our natural environment. As a Senior Financial Accountant, you will benefit from extensive professional development opportunities while contributing to meaningful projects that impact the community and the planet. With a commitment to employee well-being and a supportive team environment, Defra provides a unique chance to engage with complex financial issues in a role that truly makes a difference.
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Contact Detail:

Department of Environment, Food and Rural Affairs (Defra) Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Financial Accountant

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance sector, especially those who work in public services. A friendly chat can lead to insider info about job openings or even a referral.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of International Financial Reporting Standards. Be ready to discuss how you've applied these standards in your previous roles, as this will show you're the right fit for the Senior Financial Accountant position.

✨Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or mentors to get comfortable discussing complex financial issues. This will help you articulate your thoughts clearly and confidently during the real deal.

✨Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Senior Financial Accountant

Digital Proficiency
Microsoft Excel
Finance Systems (preferably Oracle)
Business Intelligence Tools (e.g. Qlik or PowerBI)
Statutory Accounts Production
Non-Current Asset Management
Written and Verbal Communication Skills
Problem-Solving Skills
International Financial Reporting Standards (IFRS)
Government's Financial Reporting Manual (FReM)
Consolidated Budgeting Guidance (CBG)
Managing Public Money (MPM)
Statutory Audit Experience
Continuous Improvement Identification

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Financial Accountant role. Highlight your experience with non-current assets and any relevant public sector work. We want to see how your skills align with our mission at Defra!

Show Off Your Technical Skills: Don’t forget to mention your proficiency in IFRS and any finance systems you’ve used, like Oracle. We’re looking for someone who can navigate complex financial issues, so let us know how you’ve tackled similar challenges in the past.

Be Clear and Concise: When writing your application, keep it straightforward and to the point. Use clear language to explain your experience and achievements. We appreciate a well-structured application that makes it easy for us to see your strengths!

Apply Through Our Website: Remember to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to see what you bring to the table!

How to prepare for a job interview at Department of Environment, Food and Rural Affairs (Defra)

✨Know Your Numbers

As a Senior Financial Accountant, you’ll need to be on top of your game with financial reporting standards. Brush up on IFRS and the government’s Financial Reporting Manual. Be ready to discuss how you've applied these in past roles, especially when it comes to non-current assets.

✨Showcase Your Communication Skills

You’ll be liaising with various stakeholders, so practice explaining complex financial concepts in simple terms. Think about examples where you’ve successfully communicated financial information to non-financial colleagues or clients.

✨Demonstrate Problem-Solving Abilities

Prepare to share specific instances where you identified issues and implemented solutions in financial processes. Highlight your initiative in improving efficiency or quality in previous roles, as this will resonate well with the interviewers.

✨Familiarise Yourself with the Team's Work

Research the Defra group and understand their mission regarding Natural England. Be prepared to discuss how your experience aligns with their goals, particularly in managing non-current assets and supporting external audits.

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