Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage financial reporting and ensure accurate accounting for local authorities.
- Company: Join Spencer Clarke Group, a leader in finance recruitment.
- Benefits: Competitive salary of £500+ per day, negotiable based on experience.
- Why this job: Make a real impact on local council finances while enhancing your financial expertise.
- Qualifications: Experience with Local Authority accounts and financial systems like Business World (Agresso) required.
- Other info: Contract duration is 3-6 months, offering valuable experience in public sector finance.
The predicted salary is between 60000 - 84000 £ per year.
Financial Reporting Manager (Local Authority), Greater London
Client: Spencer Clarke Group
Location: Greater London, United Kingdom
Job Category: Finance
EU work permit required: Yes
Job Reference: e4150902d4f9
Job Views: 90
Posted: 03.03.2025
Expiry Date: 17.04.2025
Job Description:
About the role:
- Updating the Fixed Assets Register and actioning all fixed assets accounting entries and disclosures for one of the two boroughs for 2023/24.
- Processing leases details to determine the upcoming accounting impact of the introduction of IFRS16 for leases accounting from 1 April 2024 for both councils.
- Responsible for supporting the Head of Financial Reporting & Control to maintain the integrity of both Councils financial ledgers and financial reporting, and to provide strong financial control and stewardship of Council finances.
- Support performance management framework as part of the programme to drive improvement to the quality of performance data from relevant council services.
About you:
You will have the following skillsets or experiences:
- Detailed knowledge & experience of closing the financial accounts for a large Local Authority, including liaison with Internal and External Auditors.
- Experience of leading or contributing to the production of Local Authority statement of accounts and understanding of Local Authority taxation / VAT.
- Knowledge of financial systems and experience using Business World (Agresso) or similar packages to deliver useful management information and complete statutory external reporting requirements.
What’s on offer:
- Salary: £500+* per day inside IR35.
*negotiable based on experience
*please submit your CV with the rate you require
- Overtime: no options available.
- Contract type: Contract – 3-6 month minimum.
#J-18808-Ljbffr
Financial Reporting Manager (Local Authority) employer: TN United Kingdom
Contact Detail:
TN United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Reporting Manager (Local Authority)
✨Tip Number 1
Familiarize yourself with the specific financial regulations and reporting standards that apply to local authorities in the UK. This knowledge will not only help you during the interview but also demonstrate your commitment to understanding the role.
✨Tip Number 2
Network with professionals in the local authority finance sector. Attend relevant events or join online forums where you can connect with others who have experience in financial reporting for councils. This could lead to valuable insights and potential referrals.
✨Tip Number 3
Brush up on your skills with financial systems like Business World (Agresso). If you have access to training resources or online courses, take advantage of them to ensure you're comfortable using these tools, as they are crucial for the role.
✨Tip Number 4
Prepare to discuss your previous experiences with closing financial accounts and liaising with auditors. Be ready to provide specific examples that highlight your expertise and how you've successfully navigated challenges in similar roles.
We think you need these skills to ace Financial Reporting Manager (Local Authority)
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Financial Reporting Manager position. Understand the key responsibilities, such as updating the Fixed Assets Register and processing lease details under IFRS16.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience with closing financial accounts for local authorities, liaising with auditors, and producing Local Authority statements of accounts. This will show that you have the necessary background for the role.
Showcase Technical Skills: Mention your knowledge of financial systems, particularly Business World (Agresso) or similar packages. Highlight any specific projects where you used these systems to deliver management information or complete statutory reporting.
Tailor Your Application: Customize your CV and cover letter to reflect the skills and experiences mentioned in the job description. Use keywords from the listing to ensure your application stands out to the hiring team.
How to prepare for a job interview at TN United Kingdom
✨Showcase Your Local Authority Experience
Make sure to highlight your detailed knowledge and experience in closing financial accounts for a large Local Authority. Be prepared to discuss specific examples of how you've liaised with internal and external auditors.
✨Demonstrate Your Technical Skills
Familiarize yourself with financial systems like Business World (Agresso) or similar packages. Be ready to explain how you've used these tools to deliver management information and meet statutory reporting requirements.
✨Understand IFRS16 Implications
Since the role involves processing lease details under IFRS16, brush up on the accounting impacts of this standard. Be prepared to discuss how you would approach the transition for both councils.
✨Prepare for Performance Management Discussions
The role supports performance management frameworks, so think about how you've contributed to improving the quality of performance data in previous roles. Have examples ready to illustrate your impact.
