At a Glance
- Tasks: Lead financial management and support strategic decision-making across the organisation.
- Company: Local authority committed to effective financial governance.
- Benefits: Competitive salary, supportive team environment, and potential for hybrid working in the future.
- Other info: Opportunity for career growth in a dynamic public sector environment.
- Why this job: Make a real impact on financial strategies and help shape the future of local services.
- Qualifications: CCAB qualified accountant with strong financial management skills.
The predicted salary is between 40000 - 50000 £ per year.
A local authority is looking to appoint an experienced Principal Accountant to deliver a comprehensive financial management and accountancy service across the organisation. This is a key role supporting revenue budget monitoring, annual budget setting, medium-term financial planning, statutory accounts and financial reporting. The successful candidate will work closely with senior managers, the Finance Manager, auditors and wider services to provide professional financial advice, challenge budgets and support strategic decision making.
Key responsibilities
- Leading and supporting budget monitoring and forecasting processes
- Assisting with the annual budget and Medium-Term Financial Strategy
- Producing and supporting year-end accounts and statutory returns
- Liaising with internal and external auditors
- Providing financial guidance on projects, initiatives and service planning
- Supporting committee reports and financial compliance
- Supervising and supporting finance team staff
- Bank administration, BACS and payment responsibilities
Essential requirements
- CCAB qualified accountant
- Strong accountancy and financial management background
- Experience in budgeting, forecasting and annual accounts
- Ability to interpret complex financial legislation and explain financial information clearly to non-financial stakeholders
- Excellent communication, analytical and problem-solving skills
Desirable
- Local government finance experience
- CIPFA qualification
- Experience with capital accounting, treasury management, VAT, payroll or council tax/business rates
Working hours
Monday to Thursday - 8:30am to 5:00pm
Friday - 8:30am to 4:45pm
This role is fully office based initially, with hybrid working potentially considered in the future for the right candidate.
Principal Accountant employer: Hatched Recruitment Group
As a local authority, we pride ourselves on being an excellent employer that values the contributions of our staff and fosters a supportive work culture. Our Principal Accountant role offers competitive benefits, opportunities for professional development, and the chance to make a meaningful impact within the community. With a focus on collaboration and strategic decision-making, you will be part of a dedicated team committed to delivering high-quality financial management services.
StudySmarter Expert Advice🤫
We think this is how you could land Principal Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who have experience in local government. They might have insider info on job openings or can even refer you directly.
✨Tip Number 2
Prepare for interviews by brushing up on your financial knowledge and current legislation. Be ready to discuss how you've tackled budgeting and forecasting in past roles, as this will show you're the right fit for the Principal Accountant position.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds!
✨Tip Number 4
Apply through our website for the best chance at landing that Principal Accountant role. We make it easy for you to showcase your skills and experience directly to the hiring team!
We think you need these skills to ace Principal Accountant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Principal Accountant role. Highlight your CCAB qualification and relevant experience in budgeting and financial management. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your experience with annual budgets and financial reporting, and don’t forget to show your enthusiasm for working with us at StudySmarter.
Showcase Your Communication Skills:Since you'll be liaising with various stakeholders, it's crucial to demonstrate your communication skills. In your application, give examples of how you've explained complex financial information to non-financial colleagues. We love clear communicators!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Hatched Recruitment Group
✨Know Your Numbers
As a Principal Accountant, you'll need to demonstrate your financial expertise. Brush up on key financial concepts, budgeting processes, and any relevant legislation. Be ready to discuss how you've successfully managed budgets in the past and how you can apply that experience to this role.
✨Showcase Your Communication Skills
You'll be liaising with various stakeholders, so it's crucial to convey complex financial information clearly. Prepare examples of how you've explained financial data to non-financial colleagues or clients. This will show your ability to bridge the gap between finance and other departments.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills and ability to handle real-life financial challenges. Think of specific situations where you've had to make tough decisions or provide financial guidance. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Research the Organisation
Understanding the local authority's financial landscape is key. Familiarise yourself with their recent budget reports, financial strategies, and any current projects. This knowledge will not only help you answer questions but also allow you to ask insightful ones, showing your genuine interest in the role.
