Fixed Asset Accountant

Sovereign Network Group; Basingstoke; Hybrid; GBP 40,000 - 50,000; Full time

Benefits offered by this job

25 Days Holiday + Bank Holidays

Pension matching up to 12% and Life/4x

Private medical insurance

Dental insurance

Wellbeing discounts

Job summary

Sovereign Network Group (SNG) is hiring a Fixed Asset Accountant for a permanent role from our office in Basingstoke with hybrid working arrangements. You will manage fixed asset records over £7bn in assets, support monthly management reporting and the preparation of statutory accounts, ensuring compliance with accounting policies and legislation.

The ideal candidate is a Qualified or Part Qualified Accountant with ACA/CIMA/ACCA (or equivalent) and experience handling large data volumes in

Qualifications

• Qualified or Part Qualified Accountant with ACA, CIMA, ACCA or equivalent.
• Experience with large volumes of data in financial/fixed asset accounting.
• Housing sector experience is beneficial.
• Strong understanding of financial accounting processes and controls.

Responsibilities

• Accurate recording of housing fixed assets using fixed asset systems and recording policies.
• Provide SME input to improve business processes and balance sheet reconciliations.
• Assist in annual statutory accounts production and liaise with external auditors.
• Support depreciation, amortisation and asset disposals calculations and reporting.
• Participate in budgeting, forecasting, KPI data and process improvements.
• Coordinate monthly balance sheet reconciliations across the team.

Skills

Fixed asset accounting

Financial accounting

Stakeholder management

Attention to detail

Excel

Education

ACA/CIMA/ACCA or equivalent

Tools

Asset 4000

Workday ERP

MS Office Excel

Job description

Salary: £40,000.00 - £50,000.00 Per year Have you got experience in Fixed Asset Accounting? We have a fantastic opportunity to join Sovereign Network Group (SNG) as a Fixed Asset Accountant on a permanent basis. Based from our office in Basingstoke, you’ll combine home and office working in line with our hybrid working policy to ensure a positive work / life balance. The role SNG is one of the largest landlords in England, with fixed assets in excess of c.£7bn and it’s essential that we account for these assets accurately and in line with current accounting regulations. As a Fixed Asset Accountant, you’ll ensure that all processes and recording of fixed assets are carried out correctly, supporting with monthly management reporting and the delivery of annual statutory reporting.

Responsibilities include:

• Accurate and timely recording of all housing fixed assets using the fixed asset and finance systems, complying with legislation and accounting policies including component accounting and disposals
• Providing subject matter expertise in improving business processes, supporting correct coding of fixed asset spend, investment expenditure and balance sheet reconciliations
• Supporting in the production of annual statutory accounts for all SNG companies, liaising with external auditors working to agreed project deadlines
• Providing cost analysis in support of the calculation of depreciation, amortisation and asset disposals
• Providing financial support on key business projects, including budget preparation, benchmarking and KPI data, and process improvements
• Facilitating the completion of all monthly balance sheet reconciliations, coordinating with the wider team to ensure reconciliations are completed on time

What we need from you

You’ll be a Qualified or Part Qualified Accountant (ACA, CIMA, ACCA or equivalent post graduate accounting qualification) with demonstrable experience dealing with large volumes of data in a financial accounting or fixed asset accounting position. Any experience from within housing would be beneficial or from a large organisation with a comprehensive fixed asset register.

You’ll also:

• Demonstrate a strong understanding of financial accounting processes and controls, with experience in reconciliations and analysing detailed financial information.
• Exposure to fixed asset accounting, including asset additions, disposals and book value analysis, would be beneficial but is not essential
• Have an understanding of budgeting and forecasting processes and controls, with the ability to analyse and interpret detailed management information.
• Knowledge of depreciation and amortisation would be advantageous
• Show strong prioritisation skills, working well to deadlines
• Have strong communication and stakeholder management skills
• Be highly numerate with excellent attention to detail
• Have strong IT skills, including MS Office (Word and Excel)
• Knowledge of Asset 4000 and Workday ERP systems would be advantageous though training will be provided
• A good understanding of relevant legislation and accounting principles for Housing Associations is desirable but not essential

Job Description

We have some great benefits at SNG, including:

• 25 Days Holiday + Bank Holidays (with an extra day every year up to 30 days)
• Chance to buy or sell holiday as part of our flexible benefits package
• 3 additional wellbeing days and 2 paid volunteering days
• Generous matched pension scheme up to 12% and Life cover at 4x salary
• Enhanced maternity/paternity/adoption pay
• Options for private medical insurance, dental insurance and critical illness cover
• Wellbeing discounts, including Gym Memberships and access to a 24/7 virtual GP service

At Sovereign Network Group, we are passionate about inclusion for all and creating a workplace where everyone can thrive. We are committed to our Equality Diversity and Inclusion strategy and believe that you can truly be yourself at SNG.

Take a look at our careers site to learn more about us and our values. Our purpose is to provide good, affordable homes that are the foundation for a better life - and our vision is thriving communities, over generations. We provide over 85,000 homes and invest in communities across London, the South East, South West and East of England, as well as aiming to create thousands of new affordable homes every year.

Working for us is so much more than just a job. Whatever your role, you'll help us provide homes and services for those who need them - and make a real difference to people’s lives