The Head of Financial Accounting sits within the University’s senior financial team and is responsible for preparation of the University’s financial accounts. The role will lead the Financial Accounting, Income and Treasury and Accounts Payable teams.
The Head of Financial Accounting is responsible for ensuring the accurate recording of all financial data, coordinating the preparation of the Group annual accounts, including year-end audit files, and making tax returns. In addition, the post holder will ensure the integrity of the University balance sheet, promote a strong internal control environment, liaise with external and internal audit and ensure policies are reviewed regularly and maintained in line with relevant legislation.
Key Responsibilities
- Coordination and production of the University Group Accounts and lead the work on the year-end audit.
- Co-ordination of the preparation of the annual accountability returns to the Office for Student (OfS) and submission of subsidiary statutory accounts to Companies House.
- Oversee and contribute to the preparation of tax returns including VAT and Corporation tax returns for University and subsidiary companies.
- Management of income, cash and debt recovery, liaising with investment advisors, and finance lead for banking activities.
- Leading and advising the Deputy Director of Finance and Director of Finance on accounting options with recommendations e.g. Implications of FRS102.
- Develop and maintain the University’s financial policies and guidance e.g. Financial Regulations & Treasury management to comply with legislation and best practice.
- To ensure compliance with key financial processes and deal swiftly with any audit recommendations.
About the Department
The Finance Department is responsible for the overall financial management of the institution including subsidiaries. The division provides a full range of financial services to the University, including management and financial accounting services. The University has devolved systems of planning and budgeting, and the Finance Department works closely with Academic areas and Professional Services to maximise the opportunities for the University within an appropriate controlled environment.
What's in it for you?
- Competitive salary - and excellent pension scheme
- An impressive 32 days leave - plus bank holidays, additional time off at Christmas and the opportunity to buy even more!
- Flexible working - we support a culture of flexible and agile working to help you find the right balance
- Wellbeing support - all our people are important to us and we have services and facilities dedicated to your mental and physical health, ranging from an Employee Assistance Programme and counselling, to sports and fitness facilities including discounted gym memberships
- Team Salford - join us here in Salford and be part of one of the UK's fastest growing universities
- A rewarding career - where everything you do will make a difference. To our students, our local community, and the world around you
Note: This vacancy may close early depending on applicant volume.
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