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- Tasks: Support financial reporting for the Collection Fund and assist with budget setting.
- Company: Join the vibrant finance team at London Borough of Brent, known for its iconic Wembley Stadium.
- Benefits: Enjoy competitive salary, generous holidays, flexible working, and access to discounts.
- Why this job: Be part of an innovative team dedicated to performance in a dynamic local government environment.
- Qualifications: Part qualified accountant/AAT with experience in complex reconciliations and accrual accounting.
- Other info: Opportunity for training and development in a state-of-the-art civic centre.
The predicted salary is between 36000 - 60000 £ per year.
This is a great time to join the finance team at London Borough of Brent. You will work with an outstanding leadership team and will join a highly committed and innovative team who are dedicated to building on their performance. Brent is a tremendously vibrant London borough where the iconic arch of Wembley Stadium dominates the skyline. Spanning both inner and outer London, it is a borough of huge contrasts in terms of its economic, environmental, ethnic and social make up.
Your new role
Finance Analyst – Collection Fund/ Technical Accountant
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The post holder will provide financial reporting support for the Collection Fund i.e.-the account that manages Council Tax and National Non Domestic Rates (business rates).
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This role will support the Revenues team and the Medium Term Finance Strategy lead in the monitoring of the Collection Fund and budget setting for the Council in addition to supporting the completion of reconciliations, statutory returns and year year-end processes for the Collection Fund.
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Systems: Oracle and excel.
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The successful candidate will be a part qualified accountant/AAT and have a keen interest in working in a more technical area of finance.
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You should be interested in understanding the funding model of local government and be keen to keep up with statutory regulations.
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You may have worked in local government but applications from candidates who have worked in another public service area or commerce would be welcome.
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You must be able to demonstrate excellent experience of complex reconciliations, a thorough understanding of accrual accounting and a keen interest to become an expert in a specialist area.
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Competitive salary
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The opportunity to join the Local Government Pension Scheme
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Generous holiday entitlements starting from 26 days’ holiday a year
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A full range of family friendly policies, including generous maternity and paternity entitlements and childcare schemes
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Flexible working patterns, including hybrid working
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Training and development opportunities
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Good travel links in and out of Wembley and a range of cost saving travel schemes
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Access to My Brent Rewards, our dedicated website for staff with big brand discounts and local offers
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Work at the outstanding state-of-the-art Brent Civic Centre
Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C’s, Privacy Policy and Disclaimers which can be found at hays.co.uk
Finance Analyst - Technical Accountant/ Collection Fund employer: Hays plc
Contact Detail:
Hays plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Analyst - Technical Accountant/ Collection Fund
✨Tip Number 1
Familiarize yourself with the specific financial regulations and funding models relevant to local government. This knowledge will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Highlight any experience you have with Oracle and Excel, as these systems are crucial for the role. If you have worked on similar financial reporting tasks, be ready to discuss them in detail.
✨Tip Number 3
Showcase your understanding of accrual accounting and complex reconciliations. Prepare examples from your past work that illustrate your expertise in these areas.
✨Tip Number 4
Research the London Borough of Brent and its financial strategies. Being knowledgeable about their current initiatives and challenges will set you apart during the interview process.
We think you need these skills to ace Finance Analyst - Technical Accountant/ Collection Fund
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Finance Analyst position. Understand the key responsibilities, such as financial reporting support for the Collection Fund and the importance of complex reconciliations.
Highlight Relevant Experience: In your application, emphasize any experience you have with accrual accounting, reconciliations, or working in local government or public service. This will show that you are a strong candidate for the role.
Tailor Your CV: Customize your CV to reflect the skills and experiences that align with the job requirements. Mention your qualifications, such as being a part qualified accountant/AAT, and any relevant technical skills, especially with Oracle and Excel.
Craft a Strong Cover Letter: Write a compelling cover letter that expresses your interest in the role and the organization. Discuss your passion for finance and your eagerness to contribute to the team at London Borough of Brent.
How to prepare for a job interview at Hays plc
✨Understand the Collection Fund
Make sure you have a solid grasp of how the Collection Fund operates, including its role in managing Council Tax and National Non Domestic Rates. Being able to discuss this knowledge during your interview will show your genuine interest in the position.
✨Showcase Your Technical Skills
Highlight your experience with Oracle and Excel, as these systems are crucial for the role. Be prepared to discuss specific examples of how you've used these tools in previous positions, especially in relation to financial reporting and reconciliations.
✨Demonstrate Your Understanding of Local Government Finance
Familiarize yourself with the funding model of local government and current statutory regulations. This will not only help you answer questions more effectively but also demonstrate your commitment to working in this sector.
✨Prepare for Questions on Accrual Accounting
Since a thorough understanding of accrual accounting is essential for this role, be ready to explain key concepts and provide examples of how you've applied them in your work. This will help establish your expertise in a specialist area.
