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Accountant

  • Location:

    London

  • Sector:

    Finance & Accountancy

  • Job type:

    Contract

  • Salary:

    Up to £475 per day

  • Contact:

    Eszter Katona

  • Contact email:

    ekatona@aktonrecruitment.com

  • Job ref:

    RQ439563_1629272407

  • Published:

    30 days ago

  • Expiry date:

    2021-09-17

  • Startdate:

    ASAP

Accountant- Tower Hamlets
£475/day

MAIN PURPOSE OF THE JOB
1. Take responsibility for providing an efficient, effective and comprehensive finance service,
promoting best practice across the Council.
2. Act as a single point of contact for the financial management support of Divisional Directors,
Service Managers and Budget Holders. Develop a thorough understanding of a specific
Service Area's business, particularly in relation to the measurement and management of the
activities that drive costs and advise on the optimisation of income in accordance with
Council policies.
3. Lead on creating and implementing relevant and accurate financial models across a range
of cost drivers, ensuring models and any assumptions are agreed and owned by the
directorate
4. Contribute and challenge senior management and budget holders to ensure the financial
forecasts and future budget plans are based on robust financial and non-financial
information, and support prompt responsive and remedial action
5. Work with accountants across the finance function to share learning and best practice
across the teams.
6. Contribute to the production of the council's financial annual accounts to be accurate and
free of error in accordance with financial standards, and the statutory timetable, including
those for the Council's Pension Fund, Group Accounts and Whole Government Accounts.
7. Supporting the delivery of the Medium Term Finance Strategy (MTFS) for revenue and
capital
DUTIES & RESPONSIBILITIES
1. Act as a single point of contact for the financial management support of Divisional Directors,
Service Managers and Budget Holders. Develop a thorough understanding of a specific
Service Area's business, particularly in relation to the measurement and management of the
activities that drive costs and advise on the optimisation of income in accordance with
Council policies
2. Support the Finance Management Team to deliver a proactive finance service to
directorates that ensures directorates develop their financial knowledge, skills and
capabilities.
3. In conjunction with the Senior Accountant, develop the Council's medium term financial plan
and ensure financial risks and opportunities for the future are properly reflected in short,
medium and long term sustainable financial planning using option appraisal, scenario
building and sensitivity testing for both revenue and capital and represent 'one version of
the truth'
4. Work in partnership with Divisional Directors, Service Managers and Budget Managers in
the analysis of costs in relation to performance to reveal opportunities for policy or process
change, participating in any subsequent business case development and review of the
financial impact of previous policy decisions to learn lessons and assess relative cost
benefits.
5. Provide financial support to Divisional Directors, Service Managers and Budget Managers in
forecasting both in year and future year income and expenditure, ensuring these are
accurate, appropriate and are supported through activity and performance analysis
6. Work in partnership with other support services to identify opportunities to improve value for
money and link financial information with activity based information
7. Support the Senior Accountants and contribute to the preparation of financial reports to
Corporate Directors, Divisional Directors and Service Managers and Members, including
Cabinet
8. Provide Divisional Directors, Service Managers and Budget Managers with strategic
financial advice on range of complex financial and commercial issues including investment
appraisals, large scale tendering exercises, financial modelling and transformation
programmes.
9. Be responsible for matrix managing staff, focussing on workload management, ensuring
deadlines and priorities are met.
10.Deputise for senior finance staff at meetings with senior managers as and when directed.
11.To maintain the Council's medium term financial plan for revenue and capital and income
and expenditure and ensure that it reflects all known financial pressures, opportunities and
major projects and programmes. Where appropriate make recommendations on how the
plan can be approved.
12.To research and understand economic and demographic drivers that will impact on the
Council and work with Senior Accountants and other members of the Strategic Finance
team to understand how these could affect the medium term financial planning of the
Council. Where necessary write impact statements for consideration by relevant
stakeholders.