Finance Manager - Capital & Balance Sheet
Bexley
Job Role
To ensure that revenue and capital accounting entries underpinning the Statement of Accounts are produced in a timely manner, are accurate and in accordance with relevant legislative requirements and professional codes of practice and guidelines.
To produce the Statement of Accounts, Group Accounts and other related statutory returns To lead on the provision of financial advice and statutory returns relating to taxation and VAT.
To support and co-ordinate the development of capital strategy as an integral part of the medium term financial strategy, formulating policies and practices across the nominated Council(s).
To produce high level capital monitoring reports in accordance the timetable established by the Head of Strategy treasury and Pensions.
To collaborate with the Finance Manager, Treasury & Pensions in developing a Treasury Strategy which reflects the Councils capital spending plans and cashflow forecasting.
Major Duties and Responsibilities:
Provision of technical accounting advice to other senior Management, Members and Finance staff.
Making use of appropriate financial data analytics in reviewing the overall revenue and capital information that forms the basis of the statement of accounts for accuracy and appropriateness.
To manage the key reconciliations around balance sheet accounts and ensure that any suspense accounts are cleared in a timely manner.
To produce and submit any regular VAT and tax returns on behalf of the Council within required deadlines.
To undertake appropriate reconciliations for the Collection Fund and produce the Collection Fund statement within the Statement of Accounts.
To ensure that all relevant issues are reflected in financial plans and budgets. Co-ordinate the periodic asset valuation process in consultation with the property team, engineers and valuers to ensure that an asset register is maintained which is compliant with accounting requirements.
Co-ordinating with finance business partners to maintain up to date projections for all capital spending and funding Calculating the revenue impact of new capital schemes and projects.
Input into the medium term financial strategy and annual revenue budget regarding capital charges and the impact of financing costs.
Preparation of final accounts complying with the accounting code of practice and statutory requirements relating to all revenue and capital accounting issues.