We are seeking a Chief Accountant with extensive experience in financial accounting and reporting within a local government framework. The ideal candidate will have a strong focus on Year-End Closure and Statement of Accounts preparation, along with in-depth knowledge of relevant accounting standards and regulations governing local government finance.
Interim Chief Accountant – About The Role
- Lead the Year-End Closure process, including coordinating the preparation of financial statements, accruals, prepayments, and adjustments.
- Ensure compliance with accounting standards such as IFRS, FRS102, and the Code of Practice on Local Authority Accounting in the UK.
- Manage the external audit process for the Statement of Accounts, including liaising with auditors and providing necessary support.
- Oversee local authority revenue and expenditure streams, including council tax, business rates, grants, and capital financing.
- Utilize proficiency in financial software systems commonly used in local government finance (e.g., Capita, Civica, Oracle) to streamline processes and ensure accuracy.
- Analyse complex financial data to identify discrepancies or irregularities and provide insights for decision-making.
- Communicate financial concepts effectively to non-financial stakeholders, both verbally and in writing.
- Collaborate with finance team members, budget holders, and other departments to ensure accurate and timely financial reporting.
- Uphold internal control procedures and risk management principles to maintain financial integrity and compliance.
- Prioritize tasks effectively to meet tight deadlines during the Year-End Closure period, demonstrating strong organizational skills.
- Maintain attention to detail and a commitment to accuracy in financial reporting, including the preparation of disclosure notes and supporting documentation.
- Adapt to changing legislative requirements or accounting standards affecting local government finance, staying informed and implementing necessary adjustments.
- Commit to professional development and staying abreast of changes in accounting standards, regulations, and best practices relevant to local authority finance.
The successful Interim Chief Accountant will have/be:
- Bachelor’s degree in Accounting, Finance, or related field. CPA or equivalent certification preferred.
- Extensive experience in financial accounting and reporting within a local government setting.
- Proven track record of managing Year-End Closure processes and overseeing external audits for Statement of Accounts.
- Strong understanding of local authority revenue and expenditure streams and relevant accounting standards.
- Proficiency in financial software systems used in local government finance.
- Excellent analytical, communication, and organisational skills.