Senior Financial Accountant

Senior Financial Accountant, The Arts, Central London, £60,000

A well-respected Arts organisation is currently looking for a Senior Financial Accountant to lead on the delivery phase of a new Capital project. This role will be crucial to ensuring that the capital project is integrated into the finance team and in the financial controls and systems. 

Key Accountabilities

• Setting up robust financial systems for the income and expenditure of the delivery phase of the project.
• Close monitoring of the key financial milestones across the project including highlighting any risks identified.
• Managing cashflow for the project and ensuring appropriate levels of borrowing facilities are in place.
• Working with key stakeholders on managing the project budget to budget, scope and time, highlighting issues in a timely and clear manner and helping the team to provide creative solutions.
• Reporting to the Project Board, Trustees and Trustee sub committees as required.
• Reporting to the National Lottery Heritage Fund on the project finance and budget as required.
• Reporting to the Department of Digital, Media, Culture and Sport and preparing business cases for their approval as required.
• Working closely with the project Cost Consultants, Project Manager, Architect and Design Team on the project.
• Managing the capitalisation of project costs and reporting in the financial statements.

Financial Operations

• Managing the monthly statement of fund reconciliations.
• Contributing to the year-end process including assisting with the audit work and preparation of the statutory accounts
• Overseeing accounting processes and controls improvements.
• Liaising with external and internal auditors as required.
• Supporting the dissemination of information including ensuring the Finance intranet page is kept up to date with procedures and policies.

Treasury Management

• Preparing cash flow forecasts that cover the operating cash flow and capital requirements.
• Overseeing debt collection.
• Managing the loan facility and reporting requirements.

Other

• Providing cover for the Chief Financial Officer where appropriate.
• Maintaining an overview of the financial picture that covers the company operating model and capital project
• Taking the lead on complex financial issues as required.
• Ensuring good communication between financial control and management accounting functions to facilitate good shared understanding of significant financial transactions.
• Promoting sustainable working practices and reducing the environmental impact of the company operations in line with its Sustainability Statement.