Job Title: Management Accountant
Location: Olton
Salary: £34,000 per annum
Job Type: Full time, Permanent
Working Hours: 35 hours per week, Office based
Sir Josiah Mason Trust
SJMT is a family of charities & community of people supporting those most in need in the West Midlands. SJMT want everyone, regardless of age or circumstances, to feel secure, have opportunities and to thrive.
About the role:
The Management Accountant is a hands on post responsible for overseeing the smooth day do day operational management of the Finance Department under the direction of the Head of Finance. The post holder will be involved in all aspects of the charity from day to day financial management, planning and reporting, to significant projects including developing any new finance systems and implementing any new financial arrangements.
Main Duties and Responsibilities
Financial Accounting:
- Ensure financial ledgers are maintained on a daily basis.
- Ensure reconciliation of control accounts on a monthly basis.
- Ensure integrity of the Rent Ledger and Sales Ledgers with regard to residents details.
- Ensure the rent accounting system is maintained on a timely basis; set up new contributions for residents on the Rent Ledger in time for the commencement of each new financial year.
- Calculate Care fees and issue invoices to residents.
- Notify appropriate Local Authorities of new fees and contributions prior to the commencement of the new financial year.
- Prepare lead investment schedule for the sale and purchase of shares and dividends for the Trust and prepare dividend receipts schedule on a monthly basis.
- Ensure proper accounting of all monies handled including rents, petty cash, and residents’ funds.
- Keep appropriate records of the purchase and sale of shares of the investment portfolios
Fixed Assets:
- Maintain Fixed Assets Register by asset class and component by:-
- Coding capital invoices to the appropriate balance sheet accounts.
- Ensuring compliance with Company policy with regard to component accounting.
- Applying correct rate of depreciation to each separate asset class.
- Accounting for disposal of assets.
- Reconciling Fixed Assets Register with the respective control accounts in the Sage financial ledgers.
- Accounting treatment of Social Housing Grant to the appropriate asset class and component.
Management Accounts
- Prepare the investment schedule.
- Prepare quarterly Managements Accounts, including Income & Expenditure accounts, Balance Sheets and Fixed Assets, comparing actuals with budgets, forecasts, statistics and bank balances.
Budgeting:
- Assist Head of Finance in preparing the annual budgets for the Trust.
- Monitor actual income and expenditure (including revenue and capital) against budget and report to budget holders quarterly throughout the financial year.
Statutory Accounts
- Assist Head of Finance in preparing the statutory accounts for the Trust.
- Address any issues raised by the auditors as necessitating action.
Treasury Management
- Ensure all monies received including rents and grants are banked immediately and credited to the correct bank account.
- Ensure any banking transactions are operated in a secure manner through the Internet.
Staff Management
- Working with the Head of Finance to appoint, manage, coach and train staff within the Finance Team.
- Provide advice to managers in accordance with the Standing Orders and Financial Regulations (SOFR).
Other Duties:
- Provide debtor monthly reports for credit control purposes to the Independent Living Officer.
- Liaise with staff and residents as necessary to carry out duties and responsibilities.
- Comply with financial standing orders and procedures.
- Undertake any other duties reasonably requested by the Head of Finance.
What we offer:
The Trust continues to reward its staff with competitive pay rates and a number of employee benefits including:
- Starting on 31 days holiday inclusive of Bank Holidays (increases with service)
- Annual ‘wellbeing’ day for all staff
- Company sick pay
- Pension scheme
- Employee Assistance programme
- Long service awards
- Free onsite Parking
- Life Insurance
- Ongoing career development training
Equal Opportunities:
SJMT is proud to be an equal opportunity employer. It celebrates diversity and is committed to creating an inclusive environment for all employees.
Please click on the APPLY button to send your CV and Cover Letter for this role.
Candidates with the relevant experience or job titles of; Senior Accountant, Accountant, Qualified Accountant, Senior Accounts Assistant, Accounts Administrator, Accounts Clerk, Finance Clerk, Finance Administrator, Finance Assistant, Finance Admin, Accounts Officer, Accounts Co-ordinator, AAT Qualified, AAT Part Qualified, ACCA Qualified, Bookkeeper, Credit Controller, Purchase Ledger, Management Accountant, Management Accountancy, Finance Support, will also be considered for this role.
