At a Glance
- Tasks: Lead financial reporting and ensure compliance while making a difference in children's lives.
- Company: Join Magic Breakfast, a charity dedicated to ending child hunger in the UK.
- Benefits: Competitive salary, fully remote work, and the chance to impact children's futures.
- Other info: Flexible working hours and opportunities for professional growth.
- Why this job: Use your accounting skills for a purpose-driven organisation that truly matters.
- Qualifications: Qualified accountant with experience in statutory accounts and financial controls.
The predicted salary is between 43500 - 50500 £ per year.
Magic Breakfast is on a mission to ensure that no child is too hungry to learn. Every school day, we provide nutritious breakfasts to over 300,000 children and young people across England and Scotland, working with schools in areas of greatest disadvantage. The latest research shows that 2.7 million children are at risk of hunger, meaning one in five arrive at school without enough to eat. Hunger affects concentration, behaviour and attainment and that’s why our work matters.
We are now entering an exciting next phase as we launch Nourishing Futures, our long-term strategy to scale our impact, strengthen partnerships and redefine breakfast spaces as places where children can thrive, not just eat. To support this growth, we are looking for an experienced and technically strong Financial Accountant to safeguard the integrity of our financial reporting and provide assurance across our finance function.
About the Role
Reporting to the Head of Finance, the Financial Accountant is the technical cornerstone of Magic Breakfast’s finance function. You will lead on statutory accounting, financial controls and compliance, acting as the guardian of the general ledger, balance sheet integrity and finance systems. This role provides trusted technical expertise to senior leadership, ensuring that our financial reporting, governance and regulatory obligations are met to the highest standard.
This is an excellent opportunity for a qualified accountant with a strong technical background whether from audit, charity or complex organisations who wants to apply their expertise in a purpose-led organisation making a real difference to children’s lives. The role is fully remote, with occasional travel within the UK as required (for example, key meetings or audits).
Key Responsibilities
- Statutory Accounts & External Reporting
- Lead the preparation of statutory annual accounts in line with Charities SORP, Companies Act and relevant accounting standards
- Exercise professional judgement on complex accounting matters, estimates and disclosures
- Support and coordinate the annual audit, acting as the main liaison with external auditors
- Ensure clear reconciliation between statutory accounts, management accounts and ledger data
- Present and explain statutory results and accounting judgements to senior leaders and governance committees
- Financial Controls, Ledger & Balance Sheet Integrity
- Own the general ledger, approving journals and maintaining high standards of accuracy
- Lead month-end and year-end close processes
- Ensure all balance sheet reconciliations are robust, timely and resolved
- Strengthen and maintain effective financial controls across finance processes
- Technical Accounting Leadership
- Act as the technical accounting lead across the organisation
- Provide guidance on restricted funds, income recognition, reserves, capitalisation and consolidation
- Review funding and partnership agreements to ensure correct accounting treatment and compliance
- Maintain and implement financial policies, staying ahead of regulatory and accounting changes
- Tax, Payroll & Regulatory Compliance
- Prepare VAT returns and optimise Magic Breakfast’s VAT position where possible
- Oversee payroll data accuracy in partnership with People & Culture and external payroll providers
- Ensure full compliance with VAT, PAYE, pensions and other statutory requirements
About You
We’re looking for someone who brings strong technical expertise, sound judgement and a collaborative mindset. You will ideally have:
- A recognised accounting qualification (ACA, ACCA, CIMA or equivalent) (Part-qualified or qualified by experience will also be considered)
- Strong experience preparing statutory accounts and working with external auditors
- Excellent knowledge of accounting standards, Charities SORP and regulatory requirements
- Experience overseeing VAT, payroll and statutory compliance
- A strong understanding of financial controls and governance
- Experience using ERP systems (Microsoft Business Central desirable) and Excel
- The confidence to explain complex financial information clearly to non-finance colleagues
How to Apply
Magic Breakfast are partnering exclusively with Allen Lane on this appointment. To find out more about the role or to discuss your suitability, please contact Iain Slinn at Allen Lane to arrange an informal conversation.
Financial Accountant employer: Magic Breakfast UK
Contact Detail:
Magic Breakfast UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector and let them know you're on the hunt for a Financial Accountant role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews by brushing up on your technical knowledge. Make sure you can confidently discuss statutory accounts, financial controls, and compliance. We want you to shine when it comes to explaining complex financial info!
✨Tip Number 3
Don’t forget to showcase your passion for making a difference! Magic Breakfast is all about ensuring no child is too hungry to learn, so share why this mission resonates with you during your conversations.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive and engaged with our mission. Let’s get you that Financial Accountant role!
We think you need these skills to ace Financial Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience that match the Financial Accountant role. Highlight your technical expertise, especially in statutory accounts and compliance, to show us you’re the right fit for our mission.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Share why you’re passionate about our mission at Magic Breakfast and how your background aligns with the responsibilities of the role. We love seeing genuine enthusiasm!
Showcase Your Technical Skills: Don’t hold back on showcasing your accounting qualifications and experience with ERP systems. We want to see your strong grasp of financial controls and governance, so make sure these stand out in your application.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss any important updates from our team. Let’s get started on this journey together!
How to prepare for a job interview at Magic Breakfast UK
✨Know Your Numbers
As a Financial Accountant, you'll need to demonstrate your technical expertise. Brush up on key accounting standards, especially Charities SORP and Companies Act. Be ready to discuss how you've applied these in previous roles, particularly in preparing statutory accounts.
✨Showcase Your Compliance Knowledge
Magic Breakfast places a strong emphasis on compliance. Prepare examples of how you've ensured regulatory compliance in past positions, especially regarding VAT and payroll. This will show that you understand the importance of governance in a charity setting.
✨Communicate Clearly
You’ll need to explain complex financial information to non-finance colleagues. Practice simplifying your explanations and think of examples where you've successfully communicated financial concepts to diverse audiences. This will highlight your collaborative mindset.
✨Demonstrate Your Passion for the Mission
Magic Breakfast is all about making a difference in children's lives. Research their mission and be prepared to discuss why it resonates with you. Showing genuine enthusiasm for their work can set you apart from other candidates.