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- Tasks: Lead financial accounting, reconciliation, and reporting for a dynamic client in Kensington.
- Company: Join a reputable firm focused on financial excellence and community impact.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Why this job: Make a real difference in financial management while enhancing your skills.
- Qualifications: CCAB Qualified Accountant with strong knowledge of accounting principles.
- Other info: Flexible working hours and opportunities for career advancement.
The predicted salary is between 36000 - 60000 £ per year.
iPeople SC Solutions is currently recruiting for a Principal Financial Accountant to work for our client based in Kensington and Chelsea and surrounding areas. The successful post holder will cover a range of financial accounting, reconciliation and reporting responsibilities in any of the following areas of Financial Reporting and Controls. The successful post holder will lead on closing the client’s annual accounts by internal and statutory deadlines and achieving a successful audit in areas of assigned responsibility.
Duties & Responsibilities:
- Monitor balances on AR, AP, Payroll and holding GL codes against reports from SAP, identify and promptly resolve any discrepancies.
- Critically review reconciliation submissions from service finance teams to ensure these are accurate and supported by good quality working papers, raising standards with individuals and teams as necessary.
- Implement requirements of the CIPFA FM Code including quarterly reporting of key balance sheet items to Leadership Team.
- Produce and present statistical performance monitoring for balance sheet reconciliations at FMT and FOG, monitoring improvements between report dates.
- Provide training on the reconciliation process and completion of year-end schedules to ensure all balances are justified and correct accounting treatment has been used.
- Produce the client’s year-end Balance Sheet, fully supported down to code combination level with analytical review of all variances.
- Support the Financial Management Collection Fund Lead by reconciling monthly business rates and council tax cash income and refunds between SAP and Civica.
- Complete statistical and other governmental and non-governmental returns, including WGA, RO, QRO, CR, CO and ad hoc returns.
Requirements:
- CCAB Qualified Accountant
- Extensive knowledge of accounting principles, policies and practices
- Extensive knowledge of the council’s budget processes and requirements
- Knowledge of the council’s own financial framework including financial regulations, budget and closing of accounts guidelines
Working hours: 09:00 – 17:00, Monday – Friday
If you are interested in this position, please apply with your CV.
Principal Financial Accountant - London - Job - IPSC Recruitment LTD employer: iPeople Solutions
Contact Detail:
iPeople Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Principal Financial Accountant - London - Job - IPSC Recruitment LTD
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who might know about opportunities at councils or similar organisations. A friendly chat can sometimes lead to job openings that aren't even advertised!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of financial reporting and controls. Be ready to discuss how you've handled discrepancies in the past or improved reconciliation processes. Show them you’re the expert they need!
✨Tip Number 3
Don’t forget to showcase your CCAB qualifications and any relevant experience during interviews. Highlight specific examples where you’ve successfully led audits or produced year-end accounts. This is your chance to shine!
✨Tip Number 4
Apply through our website for a smoother process! It’s quick and easy, plus it shows you’re serious about the role. We’re here to help you land that Principal Financial Accountant position!
We think you need these skills to ace Principal Financial Accountant - London - Job - IPSC Recruitment LTD
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Principal Financial Accountant role. Highlight your experience with financial reporting, reconciliation, and any relevant qualifications. We want to see how your skills match what we're looking for!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've improved processes or resolved discrepancies in previous roles. This helps us see the impact you can make.
Keep It Clear and Concise: When writing your application, keep it clear and concise. Avoid jargon and ensure your points are easy to understand. We appreciate straightforward communication that gets to the point!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at iPeople Solutions
✨Know Your Numbers
As a Principal Financial Accountant, you'll need to demonstrate your extensive knowledge of accounting principles. Brush up on key financial concepts and be ready to discuss how you've applied them in previous roles. Prepare examples that showcase your experience with financial reporting and reconciliation.
✨Master the Job Description
Familiarise yourself with the job description and responsibilities listed. Be prepared to explain how your skills align with the specific duties, such as monitoring balances and producing year-end accounts. Tailor your responses to highlight relevant experiences that match what they’re looking for.
✨Showcase Your Leadership Skills
Since this role involves leading on closing annual accounts and training others, think about times when you've taken charge or mentored colleagues. Be ready to share these stories, focusing on how you raised standards and improved processes within your team.
✨Prepare Questions
Interviews are a two-way street! Prepare insightful questions about the company’s financial framework and how they implement the CIPFA FM Code. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.
