Management Accountant

More details

The Role

UK Government Investments (UKGI) is offering the opportunity for a qualified, or part qualified management accountant to join its central Finance Team. Reporting to the Deputy CFO this role is central to smooth and effective running of the finance function whilst offering the opportunity to undertake discreet projects within the team and across UKGI. This role is offered on a permanent or secondment basis (if applying from across the Civil Service).

Key duties and responsibilities:

The Finance function is a small team within UKGI. In addition to managing UKGI’s budget and day-to-day financial operations, the team provides expertise across UKGI, including risk, compliance and procurement. We are looking for a detail-oriented financial accountant to join our team to prepare monthly financial information, support reporting to HM Treasury, maintain financial controls, manage routine finance operations and contribute to continuous improvement across finance systems and processes.

1. Responsible for the management UKGI’s month-end finance cycle, including processing of journals, accruals, balance sheet reconciliations and preparation of monthly management accounts.
2. Manage credit control and supplier payment activities to support working capital management
3. Responsibility for the Purchase to Pay process for UKGI including raising and receipting purchase orders as appropriate
4. Providing detailed financial analysis and accurate budgeting and forecasting to support decision-making by our Senior Management
5. Supporting the Deputy CFO to prepare UKGI’s Annual Report and Accounts and audit by the National Audit Office
6. Building and maintaining effective working relationships with HMT HR & Finance operational centre and act as the main point of contact for all UKGI Finance systems queries and ad hoc commissions
7. Support annual budget setting and longer-term financial planning.

This list is not exhaustive, and the post-holder may be required to carry out other tasks as and when required.

There is also potential for you to work on projects across the finance team and UKGI, to help you develop a wider skillset.

Person specification:

Essential criteria
• Qualified CCAB or Part-Qualified working towards Chartered status with experience of working in an Accounts/Finance Department
• You will have practical skills in one or more of: management accounting and cost analysis, planning and budgeting, cash flow management, and financial accounting
• Excellent written and verbal communications skills
• Strong attention to detail and commitment to financial accuracy
• A proven ability to build relationships with colleagues across and beyond your
• A minimum of five GCSEs grade A-C, including English and Maths (9-4 on the new grading system)

Desirable criteria
• Knowledge of Accounting packages and purchase management software (Oracle experience desirable but not essential).

About UKGI

At UK Government Investments (UKGI), we create value for society from government’s most complex commercial interests. What we do is unique, and so are we. Wholly owned by HM Treasury (HMT), our team comprises c.150 experts who work together with Civil Servants to provide high-quality corporate finance and corporate governance expertise to departments, advising in support of their policy objectives. Our values define who we are, what we stand for, how we behave and what we aspire to achieve. We continuously hold ourselves and each other accountable to these values and strive for improvement where we fall short.

Working for UKGI provides a unique opportunity for talented individuals from the public and private sector to contribute to work of national importance. The work we do is challenging and fast-paced and is always significant in terms of social, economic, and political impact. Continuously interesting and often novel, our work spans sectors including: AI, defence, transport, energy security and space travel. Our people are highly skilled, experienced professionals, drawn from both the Civil Service and private sector. This combined capability allows us to best meet the evolving needs of our clients.

Diversity Statement

UKGI has a strong commitment to equality and diversity. Our aim is to be an open and inclusive organisation, recruiting and retaining diverse, talented and high-performing people who support and develop one another.

UKGI is a Disability Confident Employer. This means we’ve been recognised as an employer which is confident and leading the way in recruiting and retaining staff with disabilities. We will offer an interview to any applicants with a disability who have indicated they wish to take part in the disability confident scheme, provided they meet the essential criteria for the post set out in the person specification. If you need any reasonable adjustments to take part in the selection process, please tell us about this in your application.

UKGI is also part of the ‘Great Place to Work for Veterans’ initiative. This means that as part of our commitment to diversity and equality in our recruitment and retention policy, we will offer an interview to any eligible applicants from His Majesty’s Armed Forces provided they meet the essential criteria for the post set out in the person specification. Please indicate on your application that you wish for your application to be considered as part of this initiative.

In line with company policy, we will be employing a hybrid working model based, with 40% of your time being home-based. At UKGI we place a high degree of value on work life balance and as such applications from individuals seeking flexible working, reduced hours contracts and job shares are also actively encouraged.

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