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- Tasks: Support the Senior Finance Manager in management accounting and reporting for the University.
- Company: Join a dynamic finance team at a prestigious University in Durham.
- Benefits: Gain valuable experience, develop your skills, and enjoy a supportive work environment.
- Other info: Opportunity to work on exciting projects and enhance your career in finance.
- Why this job: Make a real impact by guiding non-financial colleagues in understanding their budgets.
- Qualifications: A keen interest in finance and strong communication skills are essential.
The predicted salary is between 30000 - 40000 £ per year.
The Assistant Accountant sits within the newly formed Management Accounting and Reporting team within Finance at the University. The role is responsible for assisting the Senior Finance Manager with the development and operational requirements of the University's management accounting and reporting function. The role will have a key focus on providing accounting and reporting support to non-financial colleagues and budget holders across the role's remit and, as such, will build strong working relationships with budget holders and finance teams, offering clear financial guidance across all levels of seniority to communicate, guide and educate our colleagues in our management accounting requirements.
Duties will include, but not be limited to:
- Assisting in preparation, review and commentary of the monthly management reporting pack including variance analysis against budget, forecast and prior periods highlighting key drivers and risks.
- Ensure that budget holders are informed with regular reporting and engaging directly with budget holders to ensure that their financials are understood.
- To actively support the Senior Finance Manager with system improvement and process enhancements to the management accounting and reporting function, including project involvement as required.
- To lead on the processing of journals within the role's remit and to manage month-end and year-end activities including accruals and prepayments.
- Prepare and review general ledger reconciliations, ensuring accuracy, completeness, and compliance with internal controls.
- Investigate and resolve reconciling items promptly, maintaining clear audit trails.
- Produce management reports and ad-hoc analysis for stakeholders and funding bodies.
- Assist with internal and external audits and liaise with auditors as required.
- Undertake additional finance projects or tasks as required.
Assistant Accountant - Durham in Stockton-on-Tees employer: Durham University
Contact Detail:
Durham University Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Accountant - Durham in Stockton-on-Tees
✨Tip Number 1
Networking is key! Reach out to current employees at the University or in similar roles on LinkedIn. A friendly chat can give you insights into the company culture and might even lead to a referral.
✨Tip Number 2
Prepare for the interview by brushing up on your management accounting knowledge. Be ready to discuss how you can support budget holders and improve financial processes, as this will show you're a great fit for the team.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After your interview, send a thank-you email to express your appreciation and reiterate your enthusiasm for the role. It keeps you fresh in their minds.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at the University.
We think you need these skills to ace Assistant Accountant - Durham in Stockton-on-Tees
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Assistant Accountant role. Highlight relevant experience and skills that match the job description, especially in management accounting and reporting. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with our needs. Don’t forget to mention your ability to build strong relationships with budget holders and finance teams.
Showcase Your Analytical Skills: Since the role involves variance analysis and financial reporting, make sure to highlight any experience you have with these tasks. We love candidates who can demonstrate their analytical prowess and attention to detail!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of all the amazing candidates like you!
How to prepare for a job interview at Durham University
✨Know Your Numbers
Brush up on your accounting knowledge, especially around management reporting and variance analysis. Be ready to discuss how you've handled financial data in the past and how you can apply that experience to support budget holders effectively.
✨Build Rapport with Budget Holders
Since this role involves working closely with non-financial colleagues, think about how you can communicate complex financial concepts in a simple way. Prepare examples of how you've successfully collaborated with others to enhance their understanding of financial matters.
✨Showcase Your Problem-Solving Skills
Be prepared to discuss specific instances where you've identified issues in financial processes and how you contributed to improvements. Highlight any experience you have with system enhancements or process optimisations, as this will resonate well with the interviewers.
✨Prepare for Technical Questions
Expect questions related to journal processing, month-end activities, and general ledger reconciliations. Brush up on these topics and be ready to explain your approach to ensuring accuracy and compliance in your work.