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Finance accountancy officer

Colwyn Bay
CRA GROUP RECRUITMENT AND PAYROLL LTD
Accountancy
Posted: 15h ago
Offer description

3 months contract with local authority

This role involves delivering a comprehensive range of financial support services to Headteachers and Governing Bodies, ensuring the effective implementation of Service Level Agreements with schools. Reporting to the Principal Accountant (Schools), the position is crucial in managing school finances, preparing budgets, and maintaining financial systems to optimize resource utilization and compliance with relevant regulations.



Responsibilities

* Support the Principal Accountant in all aspects of the school finance service as per the Service Level Agreement.
* Assist in preparing annual budgets for Primary, Secondary, and Special schools.
* Contribute to the closure of accounts at the financial year's end and the production of final accounts.
* Prepare financial projections to help schools maximize resource effectiveness.
* Visit schools regularly to advise on budget matters and resolve administrative issues.
* Address queries from schools, contractors, suppliers, and finance staff regarding payments and charges.
* Maintain a Financial Reporting System for Primary schools, ensuring monthly reconciliation with the authority ledger.
* Stay informed on relevant legislation and practices to ensure accurate transaction recording and compliance with audit trails, VAT, and financial regulations.
* Provide support on creditor payments, ensuring compliance with Financial Regulations and other financial codes.
* Collaborate effectively within a team and undertake additional duties as assigned by the line manager.




Requirements


* Strong understanding of financial management and school finance services.
* Experience in budget preparation and financial account closure.
* Ability to prepare financial projections and advise on budget utilization.
* Excellent communication skills for interacting with schools and resolving queries.
* Proficiency in maintaining financial reporting systems and ensuring compliance with regulations.
* Knowledge of relevant legislation, VAT, and financial regulations.
* Ability to work collaboratively within a team environment.

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