Cash Management Accountant

Overview

A Cash Management Accountant role providing accounting and financial support to the Urban&Civic Group of companies, with a particular focus on cash management.

Role Responsibilities

Cash management matters

• Bank account opening, closures and mandate maintenance (including KYC clearance);
• Maintenance of signatory rights records and bank account permissions (paper and online);
• Assist with audit (internal and external) queries and implementation and monitoring of internal audit recommendations around cash management;
• Manage intercompany cash transfers;
• Monitor and manage cash balance and deposits to ensure adequate funds are available (in line with Group cash management policies);
• Prepare a weekly cash summary (cash balances, including restricted accounts, and deposits, including rates achieved and durations of the deposit);
• Analyse cash spent on monthly basis;
• Prepare a monthly cash management paper that comments on compliance with the Group’s cash management policy (and clearly identifies where compliance has not been achieved).

Accounting and other matters

• Ensure Procure to Pay processes are documented and functioning correctly (including periodic checks of controls where appropriate);
• Post cash book journal entries;
• Reconcile all cash accounts, loan accounts and grant balances;
• Prepare loan covenant compliance reports (banks and Board papers);
• Liaise with debt providers or relationship bank as required (including meeting attendance, loan drawdown/repayment, restricted cash recycling processing);
• Monthly reconciliation of pension and childcare voucher account to HR records (through Head of HR or other designated individual);
• Process and post journals in respect of all corporate credit cards and personal expenses;
• Assist with system improvements, likely to include direct link from banking platforms into accounting software (‘bank feeds’).
• Contributing to Board (V’s and main Group) as required.

Role Requirements

Qualifications, Knowledge & Experience

• Likely to be part qualified ACCA (or similar).
• Previous experience of cash management activities.
• Working knowledge of accounting terms and concepts (Including double entry book keeping).
• Understanding of evolving financial regulations.
• Good level of IT literacy, including good knowledge of excel and accounting packages (SUN would be an advantage but not essential).

Personal Qualities

• Strong verbal and clear written communication skills.
• Extremely trustworthy and able to work with utmost confidentiality.
• Excellent people skills; warm and empathetic with a team ethos.
• Reliable, organised, diplomatic, energetic, sociable, presentable.
• A confident, energetic, and self-motivated individual with a proactive approach.