At a Glance
- Tasks: Support financial reporting and ensure accurate records for the Museum.
- Company: Join a prestigious museum with a commitment to sustainability and creativity.
- Benefits: Enjoy 29 days holiday, generous pension contributions, and family-friendly policies.
- Other info: Opportunities for professional growth and discounts at major retailers.
- Why this job: Make a real impact in finance while working in a vibrant cultural environment.
- Qualifications: Part qualified accountant with strong attention to detail and communication skills.
The predicted salary is between 35000 - 45000 £ per year.
The Assistant Group Accountant supports the Financial Reporting Manager in ensuring that the Museum’s financial records are accurate and complete; and that timely and reliable information is provided to colleagues who need it. We are looking for a proactive and detailed orientated person who will support our team to deliver the effective operation of finance systems, processes, and controls across the V&A.
Responsibilities
- Prepare key monthly income journals, including deferred income adjustments.
- Produce balance sheet reconciliations, with a focus on complex areas such as admissions, retail, and inter company control accounts.
- Collaborate with the Senior Income Reconciliation Officer to investigate and resolve discrepancies.
- Prepare admission Gift Aid reports for submission to HMRC.
- Prepare statutory accounts for V&A Enterprises Limited, ensuring compliance with relevant legislation, and act as the primary day-to-day contact for external audit teams.
- Support the Financial Accountant in preparing the quarterly Group VAT return and the annual Section 33A return.
- Assist with external reporting requirements, including DCMS Counterparty and Related Party returns, ONS reporting, and transparency spend data submissions.
- Monitor staff debtor accounts (e.g. season tickets, childcare, cycle schemes) and ensure relevant updates are communicated to colleagues in People and Finance.
- Review month-end journals prepared by others and take responsibility for posting entries, ensuring appropriate supporting documentation is maintained.
- Review the weekly supplier payment run in line with finance department procedures.
- Maintain and update relevant intranet pages relating to Financial Reporting & Control.
Who are we looking for?
- Part qualified accountant with strong financial reporting and technical accounting skills.
- Strong organisational and time management skills; with excellent attention to detail.
- Effective communication skills, with ability to present financial information clearly.
- Experience of using a finance system (preferably Microsoft Business Central), MS Office, Power BI and other relevant IT systems to an intermediate level.
- Knowledge of VAT and Gift Aid processes, including preparation and compliance with relevant regulations.
- Exposure to audit processes and working with external auditors.
- Respects others’ expertise, time, perspectives and contribution.
- Takes responsibility for delivering on actions, achieving high standards and learning from mistakes.
- Open to change, new ideas and suggestions; looks for opportunities for improvement and self-development.
- Shares our Values of Sustainability, Equity, Creativity, Collaboration & Generosity.
What’s in it for you?
- 29 days of holiday + public holidays each year.
- 5.5% employee pension contribution, 10% employer pension contribution (post-probation).
- Life assurance scheme (to value of 4 x annual salary).
- Family-friendly policies e.g. enhanced maternity + paid carers leave.
- Free sanitary products for all employees across our sites.
- Free entrance to many major museums and exhibitions.
- Benefits platform offering discounts at major retailers and many more.
Full job description and list of benefits on our website.
Assistant Group Accountant employer: Victoria and Albert Museum
The V&A Museum is an exceptional employer, offering a vibrant work culture that values sustainability, equity, creativity, collaboration, and generosity. As an Assistant Group Accountant, you will benefit from a supportive environment with opportunities for professional growth, competitive benefits including generous holiday allowance and pension contributions, and the chance to engage with a diverse team dedicated to delivering excellence in financial reporting. Located in a prestigious cultural institution, employees enjoy unique perks such as free access to major exhibitions and discounts at retailers, making it a truly rewarding place to work.
Contact Details:
Victoria and Albert Museum Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Group Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who might have insights into the V&A. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by brushing up on your financial reporting knowledge. Be ready to discuss your experience with VAT, Gift Aid, and any relevant systems like Microsoft Business Central. Show us you know your stuff!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Check out our website for the latest job openings and apply directly. We love seeing candidates who are proactive and engaged with our mission. Plus, it’s a great way to show your interest in joining our team!
We think you need these skills to ace Assistant Group Accountant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Assistant Group Accountant role. Highlight your financial reporting skills and any relevant experience with finance systems, as this will show us you’re a great fit for the team.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how your background aligns with our values of Sustainability, Equity, Creativity, Collaboration, and Generosity. We want to see your personality come through!
Showcase Your Attention to Detail:As a detail-oriented person, make sure to proofread your application materials. Typos or errors can give the wrong impression, so take the time to ensure everything is polished and professional before hitting send.
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 have all the latest information about the role and our organisation. Plus, it’s super easy!
How to prepare for a job interview at Victoria and Albert Museum
✨Know Your Numbers
Brush up on your financial reporting skills and be ready to discuss key concepts like balance sheet reconciliations and income journals. Being able to explain your experience with VAT and Gift Aid processes will show that you’re the proactive, detail-oriented person they’re looking for.
✨Showcase Your Tech Savvy
Familiarise yourself with Microsoft Business Central and any other finance systems mentioned in the job description. If you’ve used Power BI or similar tools, be prepared to share specific examples of how you’ve leveraged technology to improve financial processes.
✨Communicate Clearly
Practice explaining complex financial information in a straightforward way. The interviewers will appreciate your ability to present data clearly, so think of examples where you’ve successfully communicated financial insights to non-financial colleagues.
✨Demonstrate Your Team Spirit
Be ready to discuss how you’ve collaborated with others in previous roles, especially when resolving discrepancies or working with external auditors. Highlighting your respect for others’ expertise and your openness to feedback will resonate well with their values of collaboration and generosity.
