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SalaryManagement Accountant Job Description
The core purpose of the Management Accountant’s role is to ensure the accurate and timely preparation of the management accounts, with meaningful commentary on which senior management and the Trust Board and its committees can rely to inform decision making. The role will be a key point of contact for the Trusts auditors working closely with the CFO to ensure the Trust’s financial management systems and processes are compliant with the Academy Trust Handbook, the academies accounts direction and the charities SORP.
The duties and responsibilities of the Management Accountant are:
- To assist in ensuring compliance with statutory financial requirements of Academy Trusts and data security in line with the ESFA guidance, company and charity law, GDPR and best industry practice
- To implement financial procedures in line with the Academy Trust Handbook the Trust’s financial procedures manual and its schedule of delegations and assist in evidencing compliance with such
- To operate the Trusts accounting systems ensuring the accurate recording all financial transactions in line with the principles of accruals accounting
- To implement the month and year end processes including preparation and posting of journals
- To reconcile all key balance sheet accounts on a monthly basis ensuring any variances are understood and corrected in a timely manner
- To produce the monthly management accounts, investigate variances and provide commentary for review by the CFO
- To oversee the management accounting for capital projects including returns required to the ESFA where necessary
- To oversee trips and visits finances, reconciling incoming and outgoing resources, providing advice to trip leaders, and ensuring correct authorization
- To oversee the Goffs Educational Trust along with other private funds finances, ensuring accounts are up to date and an accurate reflection of its operation
- To prepare reports of financial activity to support the budgeting process, budget holders or other research and to carry out other ad hoc financial analysis as may be required from time to time
- Liaise with the Trust's appointed auditors on preparation for the annual audit and Internal audit program of checks in line with the agreed timetable, and assist in actioning any recommendations made
- To assist in the preparation and submission of statutory financial returns required by the ESFA, TPS, LGPS and HMRC (including VAT) and others as may be required
- To report to senior management where financial impropriety has taken place or is suspected
- To contribute to the adherence of best value principles
- To contribute to the design, development, and implementation of processes and procedures within the department
- To manage the fixed assets register
- To cover the work, as appropriate to skills and training, of the CFO in cases of absence
- To perform other reasonable duties within scope of skills as directed by line manager
- To be responsible for safeguarding and promoting welfare of children
