At a Glance
- Tasks: Produce financial reports and manage budgets for the University of Dundee.
- Company: Join one of the UK’s leading universities with a strong social purpose.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Why this job: Make a real impact in higher education finance while developing your skills.
- Qualifications: Fully qualified accountant with relevant experience and strong systems literacy.
- Other info: Dynamic team culture with opportunities for growth and continuous improvement.
The predicted salary is between 36000 - 60000 £ per year.
Rutherford Cross is pleased to be given the responsibility of bringing the key financial appointment of Financial Accountant to the market for the University of Dundee. The University of Dundee is one of the UK’s leading Universities and holds social purpose at the core of what they do, building on its long-standing values. The Financial Accountant holds a key role in the production of all financial reports of the University, for both internal and external consumption. This includes management accounts, statutory financial statements, budgets and other external reporting such as TRAC and HESA returns.
Responsibilities
- Produce consolidated monthly management accounts for the University, develop reports to give valuable insights into the performance of the University
- Produce the audited financial statements of the University to the standards required by FRS, HE SORP and SFC
- Speed up routine financial reporting fully utilising the capabilities of systems
- Produce consolidated annual budgets and three year plans across the University
- Produce other routine and ad-hoc external financial reporting such as TRAC and HESA returns, ensuring that systems are fully utilised to reduce the workload of these returns
- Monitor changes to Financial Reporting Standards and HE SORPs to ensure the University’s accounts meet all external reporting requirements
- Develop the University’s capability to produce accurate forecasts of financial performance
- Support the Treasury team with developing accurate cash forecasts
- Monitor financial ratios to ensure the University remains within banking covenants
- Lead on a range of initiatives and developments appropriate to the seniority of the role
- Work with senior team members to develop and maintain a culture of continuous improvement to drive service levels, quality of internal control, promote efficiency and make the best use of resources (e.g. system capability)
- Demonstrate initiative and a pro-active mind-set in identifying improvement opportunities, investigating and resolving financial issues and challenging established ways of working
- Proactively manage team members, ensuring all HR policies and processes are used effectively. Develop and coach staff to enable the team as a whole and the individuals within it to reach their full potential
- Develop and maintain relationships at senior levels of the University to enable delivery of professional financial challenge, support and advice
- Provide cover, as required, within the Financial Accounting team, in particular for Treasury and Tax
Qualifications, Knowledge and Competencies
- Fully qualified accountant (ICAEW, ICAS, CIMA, ACCA or equivalent) with at least two years’ relevant post qualification experience
- Experience of internal and external reporting within an organisation of comparable size
- Experience of developing systems to improve productivity
- High degree of systems literacy
- Capable of dealing with technical accounting issues
- Able to build effective working relationships with financial and non-financial managers across the University and outside
- Able to explain complex financial issues to a non-financial audience
- Able to work at both a detailed level and a strategic level
- Good team working skills
- Adaptable and open to change
- Knowledge of the Higher Education Sector is advantageous but open to receiving applicants from all sectors and industries
Our client is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, gender reassignment, religion or belief, marital status or pregnancy and maternity.
Please contact Chris Sole for more information; chrissole@rutherfordcross.com or see full position profile here- https://docs.rutherfordcross.com/9ZStnE
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Financial Accountant- University of Dundee employer: University of Dundee
Contact Detail:
University of Dundee Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant- University of Dundee
✨Tip Number 1
Network like a pro! Reach out to current or former employees at the University of Dundee on LinkedIn. A friendly chat can give us insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on financial reporting standards and the specific requirements mentioned in the job description. We want to show that we’re not just qualified, but also genuinely interested in the role.
✨Tip Number 3
Practice common interview questions related to financial accounting. We can even do mock interviews with friends or family to build confidence and refine our answers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows that we’re serious about joining the University of Dundee team.
We think you need these skills to ace Financial Accountant- University of Dundee
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Financial Accountant role. Highlight your relevant experience, especially in financial reporting and management accounts, to show us you’re the right fit for the University of Dundee.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your skills align with the University’s values. We want to see your personality come through!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you’ve improved processes or contributed to financial reporting in previous roles. We love seeing results!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves!
How to prepare for a job interview at University of Dundee
✨Know Your Numbers
As a Financial Accountant, you'll be expected to handle complex financial data. Brush up on key financial metrics and reporting standards like FRS and HE SORP. Be ready to discuss how you've used these in past roles to produce accurate reports and insights.
✨Showcase Your Systems Savvy
The role requires a high degree of systems literacy. Familiarise yourself with the financial systems commonly used in higher education or similar sectors. Be prepared to share examples of how you've improved productivity through system enhancements in your previous positions.
✨Communicate Clearly
You'll need to explain complex financial issues to non-financial managers. Practice simplifying technical jargon into layman's terms. During the interview, demonstrate your ability to communicate effectively by using relatable examples from your experience.
✨Emphasise Teamwork and Leadership
This position involves managing team members and fostering a culture of continuous improvement. Prepare to discuss your leadership style and how you've developed others in your team. Highlight any initiatives you've led that improved service levels or efficiency.