Assistant Accountant

About Fedcap UK

In the UK, Fedcap is a not-for-profit organisation committed to improving people’s economic mobility. We support people to find work and access better health, education and learning opportunities. Working across our four integrated practice areas – education, workforce development, health, and economic development – we deliver research-based solutions that remove barriers and open doors to economic mobility and wellbeing for individuals and communities.

Our Values

• Kindness: Be kind to each other, treat all those around you the way you would like to be treated.
• Respect: Always be respectful to each other, our customers, partners, stakeholders and funders – we are dedicated to exceptional service.
• Integrity: Act with integrity– always be open and honest in our dealings with all people and stakeholders.
• Innovation: Be innovative – always try to do things better, to look for new solutions that improve our services to customers.

Job Summary

To support the Finance Team with day to day transactional entries ensuring accurate financial statements can be produced. To assist with financial audits and maintain accurate financial records, and to assist with the production of monthly management accounts.

Location: On-Site in Stockton (TS17 6DY)

Salary: £30,797 to 33,115

Hours: 37.5 Hours (Mon-Fri)

About The Role

• Support the production of accurate monthly management accounts and accuracy of cost reporting within the organisation.
• Responsible for the accurate reporting of operational property costs including accruals and prepayments in relation to rent and lease obligations, management of deposits and recovery, property provisions in relation to long term leases and accruals of property adhoc and reactive costs.
• Responsible for the management of the UK fixed asset register ensuring all items are capitalised in line with policy, liaising with US for the calculation of depreciation and amortisation for tangible and intangible assets and maintain fixed asset register which reconciles to statutory accounts with relevant evidence.
• Ensure revenue is correctly recorded, allocated and coded within the group accounts and invoice raised in a timely manner. Overall management of the debtor ledger.
• Oversee the control and reconciliation of the Groups multiple Bank Accounts, including GBP and foreign currency accounts, ensuring key controls are adhered to and accounts are fully reconciled on a weekly and monthly basis.
• Support the annual external audit by producing information as required and also ensuring you have full documented evidence for your postings and balance sheets are up to date.
• Prepare balance sheet control reconciliations and analysis to demonstrate strong internal controls, produced by WD10.
• Perform any other financial function as delegated by the Financial Controller.

Role Based KPIs

• 90% completion of WeThrive (Kalidus)
• 100% completion of mandatory training (WeLearn)
• Month end working within timetable deadline for transaction posting and closing of ledgers
• Daily reporting of cash balances
• Ensure cash flow report is updated on a regular basis, for tactical cash flow decision making
• Bank reconciliations in line completion in with month end timetable
• Calculation of month end prepayments in line with policy, with high degree of accuracy >95%
• Calculation of month end corporate accruals with a high degree of accuracy >95%
• Complete month end review and capitalisation of fixed assets and maintain the fixed assets reporting
• Complete balance sheet reconciliations by working day 10, reporting any issues and making appropriate corrections and any approvals to make corrections
• Effective handover for periods of absence
• No unadjusted errors in annual audit
• Provide audit information for year-end and report into Inflo in a timely manner ensure completeness and accuracy of data

Experience (Essential (E)/ Desirable (D))

• Ability to embrace our company values Kindness, Respect, Integrity, and Innovation! (E)
• Part qualified accountant. (E)
• Relevant experience in the production of monthly management accounts. (E)
• Knowledge of VAT. (E)
• Proficient in the use Microsoft Office, particularly Excel. (E)
• Previous experience of relevant accountancy software packages. (E)

What We Offer

We’re a mission-led organisation with social value at our core. We’ve been trusted for nearly a century to help people improve their economic wellbeing. We’re a Disability Confident Leader and proud to reflect the communities we serve.

You’ll make a real impact: Every success story you help write will be felt in homes, workplaces, and communities across the county.

You’ll grow: With access to training, reflective practice, and a national network of likeminded colleagues.

You’ll be supported: We believe in team working, wellbeing check-ins, and manageable caseloads.

You’ll be part of something bigger: From mental health awareness to inclusive recruitment and sustainable employment, your work contributes to broader change.

Equity, Diversity and Inclusion

We’re committed to creating a workplace where everyone is treated fairly, feels they belong, and can do their best work. We welcome applications from people of all backgrounds, identities and communities, and we value the different perspectives and lived experiences they bring. We do not discriminate on the basis of age, disability, gender reassignment, marriage or civil partnership, pregnancy or maternity, race, religion or belief, sex, or sexual orientation. Fedcap Employment is a Disability Confident Leader employer. We will consider reasonable adjustments throughout the recruitment process and, where required, in the workplace. We will not exclude a candidate with a disability unless they are unable to carry out a duty that is intrinsic to the role, after reasonable adjustments have been considered.

We are positive about employing veterans, serving personnel, and spouses/partners and family members, as part of our commitment to the principles of the Armed Forces Covenant.

As a Ban the Box employer, we assess applicants on their skills and potential. We do not ask about criminal convictions at the initial application stage, and any relevant information is considered fairly and in line with the role. If you need any adjustments to apply for this role or to take part in the recruitment process, please let us know. We’re committed to making our recruitment process fair, accessible and inclusive for everyone.

Benefits

At Fedcap, we offer a comprehensive and rewarding benefits package designed to support your wellbeing and personal development. Some of our benefits include:

• 33 days’ annual leave (including bank holidays) with the option to buy or sell additional days.
• £500 annual benefits scheme to spend at over 900 retailers.
• Cycle to Work scheme open all year round.
• Pension scheme with up to 5% employer match.
• Free life assurance worth 4x your salary.
• Health & wellbeing support, including access to our 24/7 Employee Assistance Programme for you and your family.
• Digital gym, mindfulness resources, virtual GP and more.