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: 29 days holiday, generous pension contributions, and family-friendly policies.
- Other info: Enjoy free access to major museums and discounts at 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 30000 - 40000 £ 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 in London employer: Victoria and Albert Museum
The V&A is an exceptional employer, offering a supportive and collaborative work environment where your contributions are valued. With a strong commitment to employee growth, we provide extensive benefits including generous holiday allowances, substantial pension contributions, and family-friendly policies, all while fostering a culture of sustainability, equity, and creativity. Join us in a role that not only enhances your professional skills but also allows you to be part of a prestigious institution dedicated to the arts and culture.
Contact Details:
Victoria and Albert Museum Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Group Accountant in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work at the V&A or similar organisations. 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 and the specific systems mentioned in the job description. We want you to feel confident discussing your experience with VAT, Gift Aid, and any relevant software like Microsoft Business Central.
✨Tip Number 3
Show off your attention to detail! During interviews, be ready to share examples of how you've tackled complex financial tasks or resolved discrepancies. This will demonstrate your proactive approach and fit for the role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the info you need about the role and our values there.
We think you need these skills to ace Assistant Group Accountant in London
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 we want to see how you can contribute to our team.
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 background aligns with our values of Sustainability, Equity, Creativity, Collaboration, and Generosity. Keep it engaging and personal!
Showcase Your Attention to Detail:As a detail-oriented position, it's crucial to demonstrate your meticulousness in your application. Double-check for any typos or errors, and ensure your financial knowledge shines through in your examples.
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 info about the role and our organisation. Plus, it shows you're proactive!
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. Familiarise yourself with the specific financial systems mentioned in the job description, especially Microsoft Business Central, as this will show your proactive approach.
✨Showcase Your Attention to Detail
Prepare examples from your past experiences where your attention to detail made a significant impact. Whether it’s resolving discrepancies or ensuring compliance with regulations, having concrete examples will demonstrate your capability to handle the responsibilities of the role.
✨Communicate Clearly
Practice explaining complex financial information in simple terms. The ability to present financial data clearly is crucial, so consider how you would explain your previous work to someone without a finance background. This will highlight your effective communication skills.
✨Be Open to Feedback
During the interview, express your willingness to learn and adapt. Share instances where you’ve taken feedback on board to improve your work processes. This aligns with the company’s values of collaboration and self-development, making you a more attractive candidate.
