Management Accountant - #1711294

Applications

Please apply online, or alternatively, download the application form in Word and email it to [email protected].

Do get in touch if you would like any of this information, or wish to apply, in another format.

Please do not include your CV as it will not be considered. Please put all relevant information on your application form.

Job Description

Position: Management Accountant

Grade: SMT

Salary: £45,878 per annum

Hours: Full time.

Contract type: Permanent

Responsible to: Head of Finance

Location: In the building. Hybrid working option available (part working in the building and part remote). This post is not suitable for full remote working.

Purpose of job

The Management Accountant works as part of the Finance Team. Their main responsibilities are producing the monthly management accounts, with the support of the Assistant Management Accountant; monitoring project and programme costs and supporting the Head of Finance with day to day finance operations.

This post is a member of the Strategic Management Team sharing responsibility for Watershed’s business planning and performance. They will carry out all expectations as outlined in the Management Guidance for managers at Watershed detailed on the Staff Website.

Watershed are in the process of migrating their accounting software and the post holder will be part of the project team for this.

Main responsibilities

• Preparation of monthly management accounts for Watershed Trust company including full reconciliation of balance sheet and first draft commentary.
• Preparation of first draft of Watershed group accounts including full reconciliation of intercompany.
• Preparation of financial reporting of project and programme grants including quarterly reporting (as required by the programme funders) and regular review meetings with project managers. Effective monitoring of core programme and project activity, including regular liaison with the creative programme team, maintaining accurate records of income and expenditure, ensuring that backing paperwork is up to date to audit standard, producing financial reports in a timely manner as required by funders and internally, preparing and submitting and monitoring funding payment claims as required.
• Preparation of weekly cashflow forecasts for review by Head of Finance.
• Under the direction of the Head of Finance, ensuring the accounting system runs smoothly by maintaining the chart of accounts, workflows and user permissions.
• Supporting the Head of Finance with preparation of the annual accounts and during annual audit.
• Supporting the Head of Finance with day to day finance operations including reviewing and authorising sales and purchase ledger and payroll.
• Any other duties as reasonably required.

Key performance indicators

• Monthly reports are accurate, clear and produced within the required timescale as set out in the Finance annual timetable and planner.
• Project activity is effectively monitored and reported and supporting fund claims or invoices are submitted on time and payments tracked and received in a timely manner.
• Accurate cashflow forecasts are provided to time.
• The accounting system runs smoothly and financial controls are well maintained within the system.
• Department runs effectively when the Head of Finance is absent.

Essential criteria

• Membership of an accountancy body such as CIMA or ACCA or passed finalist for CIMA, ACCA or equivalent.
• Able to demonstrate excellent understanding of management accounting
• Thorough, accurate and methodical approach to work, with an ability to work under pressure to meet deadlines
• Ability to deal with team members at all levels across the department and Watershed at large
• Prior experience of processing finance transactions including supplier payments, customer invoices, payroll and of bank reconciliations.

Application process

Closing date: Fri 30 May, 17:00 BST

We will be conducting short interviews with all applicants who meet the essential criteria. A shortlist will then be invited to a longer second interview.

First round interview / presentation (if relevant): Mon 2 June

Second round interview: Wed 4 June