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Senior Fixed Asset Accountant

Sovereign Housing Association Limited

Basingstoke

Hybrid

GBP 50,000 - 70,000

Full time

Yesterday
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Job summary

A leading housing association is seeking a Senior Fixed Asset Accountant based in Basingstoke. The role involves managing the fixed asset register and ensuring compliance with accounting policies. Candidates must be qualified accountants with experience in fixed asset accounting, preferably within the Housing sector. Excellent analytical skills and stakeholder management abilities are essential. The position offers a mix of office and home working.

Benefits

25 Days Holiday + Bank Holidays
Flexible holiday buy/sell options
3 wellbeing days and 2 paid volunteering days
Generous matched pension scheme up to 12%
Life cover at 4x salary
Options for private medical insurance
Wellbeing discounts including Gym Memberships

Qualifications

  • Demonstrable experience in a similar role within fixed asset accounting.
  • Experience in the Housing or Property sectors is preferred.
  • Knowledge of Housing SORP and FRS102.
  • Experience with fixed asset processes and controls.

Responsibilities

  • Lead the effective delivery of fixed asset processes.
  • Administration of fixed asset register and timely reporting.
  • Provide input into capitalisation policy and ensure compliance.
  • Facilitate monthly balance sheet reconciliations.

Skills

Strong knowledge of fixed assets processes
Analytical skills
Communication skills
Stakeholder management
Numeracy and attention to detail
IT skills including MS Excel

Education

Qualified Accountant (ACA, ACCA, CIMA)

Tools

Workday
Agresso / SUN general ledger
Asset 4000 fixed asset register
Job description
What you'll be doing

We have a fantastic opportunity to join SNG (Sovereign Network Group) as a Senior Fixed Asset Accountant. You'll be based from our head office in Basingstoke, combining office and home working to ensure a positive work/life balance. There may be some travel to our Wembley office if required.

SNG is one of the largest housing associations in England. 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.

The fixed asset team are responsible for SNG's fixed asset register for housing, investment and other fixed assets (c.£7bn). Reporting into the Fixed Asset & Capital Accounting Manager, and working alongside our Fixed Asset Accountants, you'll lead the effective delivery of fixed asset processes to ensure timely and accurate monthly reporting. You'll play a leading role with the ongoing administration of the fixed asset register, ensuring new additions, disposals and other updates are correctly accounted for and reconciled in line with SNG's accounting policies.

You'll also provide input into SNG's capitalisation policy, working with business owners and finance business partners to ensure SNG remains compliant with changes to FRS102, housing SORP requirements and industry best practices. Responsibilities include:

  • Acting as the key subject matter expert in improving business processes, ensuring the accounting controls for fixed assets are maintained
  • Ensuring adoption of aligned capital policies and procedures across all financial transactions and simplifying transition to a single way of working across SNG for Fixed Assets
  • Providing regular analysis and monthly reporting and commentary for the SNG Group of actual results, including the recalculation of the annual forecast/budget for depreciation and amortisation
  • Responsible for accurate and timely recording of all fixed assets using the fixed asset and finance systems, complying with legislation and accounting policies including component accounting
  • Participating in the production of annual statutory accounts for all SNG companies, liaising with external auditors working to agreed project deadlines
  • Initiating and undertaking fixed assets projects and other tasks seeking to improve fixed asset processes, enhancing efficiency, service delivery and financial controls
  • Facilitating the completion of all monthly balance sheet reconciliations coordinating with other members of the financial accounting team to ensure reconciliations are completed on time and documented effectively
What we need from you

You'll be a Qualified Accountant (ACA, ACCA, CIMA) with demonstrable experience in a similar role within fixed asset accounting. You'll need experience from within the Housing or Property sectors, or from within a large commercial organisation with a comprehensive fixed asset register. You'll also need:

  • Strong, clear working knowledge of processes and controls surrounding fixed assets
  • Detailed knowledge of relevant legislation and accounting standards relating to fixed assets (e.g. Housing SORP, FRS102)
  • Strong analytical skills, with experience drawing key financial insights
  • To be highly numerate with excellent attention to detail
  • Good communication skills, with the ability to translate complex financial information to non-financial stakeholders
  • Demonstrable stakeholder management skills
  • Strong IT skills, including MS Excel
  • A good understanding of relevant legislation and accounting principles for Housing Associations is desirable but not essential

Any experience with Workday, Agresso /SUN general ledger, Asset 4000 fixed asset register or similar would be advantageous though training will be provided

Your Benefits

We have some great benefits at SNG, including:

  • 25 Days Holiday + Bank Holidays (with an extra day every year up to 30 days) - pro rated to the duration of the contract
  • 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
  • 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.

If you would like the opportunity to make a real impact within our changing and growing organisation, we would love to hear from you!

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