At a Glance
- Tasks: Assist in financial planning, budgeting, and reporting for the University.
- Company: Join Heriot-Watt University, a leader in innovation and education.
- Benefits: Enjoy 33 days annual leave, competitive salary, and flexible working options.
- Why this job: Make a real impact on financial strategies and support university projects.
- Qualifications: Degree level education and a recognised UK accounting qualification required.
- Other info: Dynamic finance team with opportunities for professional growth and development.
The predicted salary is between 47389 - 58225 £ per year.
Role: Reporting Accountant
Grade and Salary: Grade 8 (£47,389 - £58,225)
FTE and working pattern: 1 FTE, 35hrs per week, Monday-Friday
Holiday Entitlement: 33 days annual leave plus 9 buildings closed days (and Christmas Eve when it falls on a weekday)
Purpose of Role
This role reports to the Head of Financial Planning and Analysis. The role is to assist with the delivery of various planning, budgeting, and reporting exercises required by the University. These include:
- Monthly Management Information Reporting
- The rolling 5-Year University Financial Plan
- Ongoing Financial budgeting and monitoring timetable and outputs
- Delivery of the annual TRAC
- Production of the annual University Financial Performance Review
These are delivered under the strategic direction of the Head of Financial Planning and Analysis.
Key Duties & Responsibilities
Financial Planning
The role-holder has responsibility for assisting with the planning and management of the following key exercises:
- The rolling 5-Year University Financial Plan
- Ongoing Financial budgeting and monitoring timetable and outputs
For these exercises the role-holder produces appropriate timetabling, templates and guidance and ensures that the relevant stakeholders are aware of the required inputs. The role-holder oversees and collates returns from all University areas and ensures consistency and quality of response/final output, adding value-add commentary to the final product for onward consideration.
Financial Reporting
The role-holder is responsible for assisting with coordinating inputs to, and completing various statutory and internal reporting processes, such as:
- Delivery of the annual TRAC, reporting
- Production of the University Annual Financial Performance review
- Scottish Funding Council (SFC) Return
- Ad hoc management information requests
As with planning exercises, the role-holder ensures that all relevant inputs are received in a timely manner, ensures inputs are consistent and accurate and produces the final outputs for internal Finance review (including their value-add commentary), before approval and then issue to relevant stakeholders. The role-holder is responsible for maintaining and explaining the methodology and figures driven by TRAC (Transparent Approach to Costing) both internally and externally.
Finance Project Support
The role-holder provides support for major and minor University projects as required. These can include production of financial models to support business cases and government grant requests. Examples could include new University building construction and construction of financial models for proposed new business or teaching activities. This is the primary responsibility of the Head of Projects, but the role-holder may be required to assist in this area in their absence.
Relationship Management
The role-holder assists the team leader in influencing and challenging the decision-making of senior colleagues by providing persuasive financial expertise. He/she assists with the management of the complex matrix elements of the various planning and reporting exercises, by maintaining strong working relationships with stakeholders and by demonstrating technical expertise, through challenge and support.
Continuous Improvement
The role-holder is responsible for understanding the needs of internal and external customers to ensure that planning and reporting processes are fit for purpose. This involves embedding a continuous improvement ethos across the processes and stakeholders directly and indirectly controlled by the role-holder.
Essential Criteria
- The role-holder must be educated to degree level and hold a recognised UK accounting qualification (e.g., ICAS, ICAEW, CIPFA, CIMA, ACCA)
- Advanced excel skills
- Knowledge of Oracle finance system preferable
- Experience of working within a similar environment as outlined above
- Well-developed understanding of relevant legal, statutory and governance applications and turning them into good practice
- Ability to persuade, motivate and influence
- Demonstrable excellent customer service
- Experience of working closely with stakeholders across all levels of the organisation
- Ability to research, analyse and present complex information effectively with good attention to detail
- High level planning and organisational skills with the ability to prioritise major developments and to function effectively in a pressured environment
- Demonstrable professional and proactive approach
How to Apply
Applications can be submitted up to midnight (UK time) on 22nd April 2026. Please submit your CV via the Heriot-Watt on-line recruitment. We welcome and will consider flexible working patterns e.g.; part-time working and job share options.
About the Team
The Finance team is one of the Professional Services supporting the University's mission and its strategic priorities. On a day-to-day basis, it does this by delivering a range of financial operations:
- Routine financial transactional processing in payroll, accounts payable and accounts receivable
- Sound management accounting, including ensuring the availability of accurate and timely financial management reporting; and effective budgeting and planning
- Effective operation of financial systems
- Effective and timely delivery of statutory financial reporting
In addition, the Finance department supports the delivery of the University's strategic plan through effective financial planning, including capital investment planning, project appraisal and identification of sustainable funding streams.
About Heriot-Watt University
Heriot-Watt University is committed to securing equality of opportunity in employment and to the creation of an environment in which individuals are selected, trained, promoted, appraised, and otherwise treated on the sole basis of their relevant merits and abilities. Equality and diversity are all about maximising potential and creating a culture of inclusion for all. Heriot-Watt University values diversity across our university community and welcomes applications from all sectors of society, particularly from underrepresented groups.
Reporting Accountant employer: Heriot-Watt University
Contact Detail:
Heriot-Watt University Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reporting Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections on LinkedIn or at industry events. We all know that sometimes it’s not just what you know, but who you know that can help you land that Reporting Accountant role.
✨Tip Number 2
Prepare for interviews by researching the company and its financial practices. We want you to be able to discuss how your skills align with their needs, especially in financial planning and reporting. Show them you’re the perfect fit!
✨Tip Number 3
Practice your interview skills with a friend or mentor. We can’t stress enough how important it is to articulate your experience in financial budgeting and reporting clearly. Confidence is key!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Reporting Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Reporting Accountant role. Highlight your relevant experience in financial planning and reporting, and don’t forget to showcase your advanced Excel skills!
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 specific projects or experiences that align with the key duties outlined in the job description.
Showcase Your Stakeholder Management Skills: Since relationship management is key in this role, be sure to include examples of how you've successfully worked with stakeholders in the past. This will show us you can influence and challenge decision-making effectively.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way to ensure we receive your CV and cover letter directly. Plus, it helps us keep track of all applications efficiently.
How to prepare for a job interview at Heriot-Watt University
✨Know Your Numbers
As a Reporting Accountant, you'll be dealing with financial data all the time. Brush up on your financial metrics and reporting standards before the interview. Be ready to discuss how you've used these in past roles, especially in budgeting and forecasting.
✨Showcase Your Excel Skills
Advanced Excel skills are a must for this role. Prepare to demonstrate your proficiency by discussing specific functions or tools you've used in previous jobs. If possible, bring examples of reports or models you've created to showcase your expertise.
✨Understand TRAC Methodology
Since the role involves TRAC (Transparent Approach to Costing), make sure you understand its principles and applications. Be prepared to explain how you've applied similar methodologies in your work and how they can benefit the university's financial planning.
✨Build Relationships
Relationship management is key in this role. Think of examples where you've successfully influenced stakeholders or collaborated with teams. Highlight your communication skills and how you can maintain strong working relationships across various departments.