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- Tasks: Lead financial accounting, reconciliation, and reporting for a dynamic client.
- Company: Join a reputable firm in Kensington and Chelsea with a strong focus on financial excellence.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Why this job: Make a real impact by ensuring accurate financial reporting and compliance.
- Qualifications: CCAB Qualified Accountant with extensive knowledge of accounting principles.
- Other info: Enjoy a structured 9-5 work schedule with opportunities for growth.
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 world, 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 would handle discrepancies in AR and AP, as well as your experience with year-end accounts. Show them you’re the expert they need!
✨Tip Number 3
Don’t forget to showcase your training skills! If you’ve provided training on reconciliation processes before, share those experiences. It’s a great way to demonstrate your leadership potential and commitment to raising standards.
✨Tip Number 4
Finally, apply through our website! We make it easy for you to submit your CV and get noticed. Plus, we’re always on the lookout for talented individuals like you to join our team. Don’t miss out!
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 like being CCAB qualified. 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 at StudySmarter.
Keep It Professional Yet Personal: While we love a professional tone, don’t be afraid to let your personality shine through! A bit of warmth and authenticity can make your application stand out. Remember, we’re looking for someone who fits well with our team culture.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, it shows you're keen on joining the StudySmarter family!
How to prepare for a job interview at iPeople Solutions
✨Know Your Numbers
As a Principal Financial Accountant, you'll need to be on top of your financial game. Brush up on key accounting principles and practices relevant to the role. Be prepared to discuss how you've handled financial reporting and reconciliations in the past, and have examples ready that showcase your expertise.
✨Understand the Client's Framework
Familiarise yourself with the council’s budget processes and financial regulations. Research the specific financial framework of the organisation you're interviewing with. This will not only show your interest but also help you answer questions more effectively and demonstrate your fit for the role.
✨Prepare for Technical Questions
Expect technical questions related to financial controls, balance sheet reconciliations, and statutory deadlines. Practice articulating your thought process when resolving discrepancies or implementing financial codes. Being able to explain your approach clearly will impress the interviewers.
✨Showcase Your Leadership Skills
Since this role involves leading teams and providing training, be ready to discuss your leadership style. Share examples of how you've raised standards within teams or mentored colleagues in the reconciliation process. Highlighting your ability to lead will set you apart from other candidates.
