Principal Financial Accountant - London - Job - iPeople SC Solutions Limited

iPeople Solutions; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A recruitment agency is seeking a Principal Financial Accountant based in Kensington and Chelsea. The candidate will manage financial accounting, lead the closure of annual accounts, and ensure compliance with financial regulations. Applicants must be CCAB qualified and possess extensive accounting knowledge. Working hours are Monday to Friday, 09:00 – 17:00.

Qualifications

• Extensive knowledge of the council's budget processes.
• Knowledge of financial regulations and guidelines.
• Experience with governmental and non-governmental returns.

Responsibilities

• Monitor balances on AR, AP, Payroll.
• Review reconciliation submissions for accuracy.
• Produce the client’s year-end balance sheet.
• Complete statistical and governmental returns.

Skills

Knowledge of accounting principles

Financial reporting

Discrepancy resolution

Team training skills

Education

CCAB Qualified Accountant

Tools

SAP

Job description

iPeople SC Solutions is recruiting for a Principal Financial Accountant to work for our client based in Kensington and Chelsea and surrounding areas.

The successful post holder will cover a range of financial accounting, reconciliation and reporting responsibilities in any of the following areas of Financial Reporting and Controls.

The successful post holder will lead on closing the client’s annual accounts by internal and statutory deadlines and achieving a successful audit in areas of assigned responsibility.

Duties & Responsibilities but not limited to:

• Monitor balances on AR, AP, Payroll and holding GL codes against reports from SAP, identify and promptly resolve any discrepancies.
• Critically review reconciliation submissions from service finance teams to ensure these are accurate and supported by good quality working papers, raising standards with individuals and teams as necessary
• Implement requirements of the CIPFA FM Code including quarterly reporting of key balance sheet items to Leadership Team
• Produce and present statistical performance monitoring for balance sheet reconciliations at FMT and FOG, monitoring improvements between report dates
• Provide training on the reconciliation process and completion of year-end schedules to ensure all balances are justified and correct accounting treatment has been used
• Produce the client’s year-end Balance Sheet, fully supported down to code combination level with analytical review of all variances
• Support the Financial Management Collection Fund Lead by reconciling monthly business rates and council tax cash income and refunds between SAP and Civica
• Complete statistical and other governmental and non-governmental returns, including WGA, RO, QRO, CR, CO and ad hoc returns.

Requirements:

• CCAB Qualified Accountant
• Extensive knowledge of accounting principles, policies and practices
• Extensive knowledge of the council’s budget processes and requirements
• Knowledge of the council’s own financial framework including financial regulations, budget and closing of accounts guidelines

Working hours: 09:00 – 17:00, Monday – Friday

If you are interested in this position, please apply with your CV.

Apply for this position

Full Name *

Email *

Phone *

Upload CV/Resume * Allowed Type(s): .pdf, .doc, .docx

By using this form you agree with the storage and handling of your data by this website. *

Register with us and one of our experienced iPeople recruits will let you know when the perfect job becomes available.

Do you know someone you think would be perfect for one of our job vacancies?

Subscribe to get notifications when new job openings are published

By using this form you agree with the storage and handling of your data by this website.