PB5, Senior Management Accountant, SEO, Perm, Liverpool, Newport
| Posting date: | 19 April 2024 |
|---|---|
| Salary: | £43,657 per year |
| Hours: | Full time |
| Closing date: | 06 May 2024 |
| Location: | NP10 8XG |
| Company: | Government Recruitment Service |
| Job type: | Permanent |
| Job reference: | 349965/2 |
Summary
To support the Head of Management accounts in delivering key strategic financial reporting. You will be expected to produce consolidated reporting, with narrative, for the Executive leadership Team to build and analyse intelligence underpinning full year forecasting, particularly with staffing.
In addition you will support Assistant Directors and Head of Divisions to understand their budgets in relation to their key deliverables/stakeholders, including challenging forecast optimism and improving their understanding of variance narrative. You will help to identify, communicate and support in the alleviation of financial pressures and improve their financial acumen.
Part of your role will be to develop the Management Accounts Team by critically reviewing process and reporting, offer workable solutions and by openly sharing your knowledge and experience to help the team develop their professional skills
Key Responsibilities
- Build and maintain relationships with budget holders - Work across a number of Directorates to increase financial capability and ensure that senior managers understand and are challenged about their use of resources to meet business objectives.
- Support the development of realistic budgets for Directorates which are based on operational plans and aligned with wider organisation funding opportunities/bottlenecks to ensure that all resource needs are identified.
- Support the development of forecasts which highlight significant financial risks and opportunities early and provide advice to ensure that risks and opportunities are fully understood so that mitigating decisions are taken.
- Ensuring that financial reports to senior management highlight key insights in a meaningful and understandable way. Translating and adding financial insight to financial data to provide clear information and evidence.
- Ensure that budget holders can make decisions based on accurate financial information.
- Contributing to development of business cases and track and report delivery of planned financial costs.
- Support the production of Directorate business plans providing expert advice in relation to business planning. This should include impact of staffing structures, contractual commitments and/or savings initiatives, as well as considering the short-, medium- and long-term financial outcomes.
- Contribute to the corporate induction training sessions.
- Support the spending review process, providing expert advice and analysis.
- Providing ad-hoc analysis and presentations to drive and support business decisions.