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

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

Job summary

A leading company in financial solutions seeks a Principal Financial Accountant in London. This role involves overseeing financial accounting, reconciliation, and reporting duties, ensuring compliance with regulations and deadlines. Applicants should be CCAB qualified, with strong accounting knowledge and experience. Join a dynamic team dedicated to excellence in financial management.

Qualifications

• CCAB Qualified Accountant required.
• Extensive knowledge of accounting principles, policies, and practices.
• Strong understanding of the council's budget processes and financial regulations.

Responsibilities

• Lead closing of annual accounts and ensure successful audits.
• Monitor balances and resolve discrepancies.
• Train staff on reconciliation processes.

Skills

Accounting principles

Financial reporting

Reconciliation

Budget processes

Education

CCAB Qualification

Job description

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

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

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

Duties & Responsibilities (not exhaustive):

• Monitor balances on AR, AP, Payroll, and GL codes against SAP reports, identify, and resolve discrepancies promptly.
• Review reconciliation submissions from finance teams to ensure accuracy and proper supporting documentation, raising standards as needed.
• Implement CIPFA FM Code requirements, including quarterly reporting of key balance sheet items to the Leadership Team.
• Produce and present statistical performance reports on balance sheet reconciliations at FMT and FOG, monitoring improvements over time.
• Train staff on reconciliation processes and year-end schedules to ensure all balances are justified and correctly accounted for.
• Prepare the year-end Balance Sheet with detailed analysis of variances and supporting documentation.
• Reconcile monthly business rates and council tax cash income and refunds between SAP and Civica, supporting the Financial Management Collection Fund.
• Complete various governmental and non-governmental returns, including WGA, RO, QRO, CR, CO, and ad hoc reports.

Requirements:

• CCAB Qualified Accountant
• Extensive knowledge of accounting principles, policies, and practices
• Strong understanding of the council’s budget processes and financial regulations

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

If interested, please apply with your CV.

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