Technical Accountant

To provide robust treasury management including effective cashflow management in line with the College’s Financial Regulations and maximising the college’s investment opportunities. To lead on VAT returns and maximising the college’s recovery of VAT. To be responsible for the maintenance of the fixed asset register of the college including providing guidance and oversight on safeguarding of college assets.

Key Responsibilities

• To be responsible for updating the rolling 18 month cash flow forecast for actual spend to budget and analysing large variances in the month.
• To ensure that the college’s investment income is maximised by ensuring accurate cashflow forecasting and placing of deposits in line with Treasury Management policy and procedures.
• Lead on the monthly bank reconciliations for all of the College’s bank accounts.
• To ensure the capital projects processes are followed in line with financial regulations, issuing of codes and the monitoring of spend each month end and producing the capital spend summary as part of the management accounts.
• Ensure that the fixed asset register is maintained and reconciled on a monthly basis and depreciation calculated in line with depreciation policy as part of month end and year end process.
• Be responsible for ensuring that all balance sheet reconciliations at the month and year end of fixed assets, depreciation, all loans, deposits, VAT and bank accounts of the college and it’s subsidiary.
• Oversight and review of all claims and monitoring returns to the relevant funding agencies including the ensuring a full audit trail and coding on the finance system is up to date and accurate on a monthly basis.
• Provide the training and maintenance and development of the new Finance system both within Finance team and the wider college management.
• Support the Assistant Director of Finance & Estates with the budget setting cycle including non-pay budget preparation and consolidation and including uploading budgets and support with the returns to the funding agency as required.
• To complete the quarterly VAT returns within deadline and ensure the college is both compliant and maximising the recovery of VAT.
• Assist in the preparation of statutory accounts and funding body returns in line with the year end timetable and month end time table.
• Undertake value for money reviews as directed by the Assistant Director of Finance to ensure contributions are optimised.
• To liaise with auditors providing assistance, support and access to relevant and appropriate information, records and files. To implement of all audit recommendations within agreed timescales in relation to treasury management.
• To provide guidance and training to all College staff on financial procedures and budget holder responsibilities and other related queries including the attendance at open days, enrolment sessions and community fun days as necessary.
• To provide line management support to the staff involved in cashbook and the preparation of grant claims.
• Any other duties of a similar level of responsibility as may be required.