Management Accountant
Closing Date: Fri 30 May, 17:00 BST
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Applications
Please apply online, or alternatively, download the application form in Word and email it to hr@watershed.co.uk.
Do get in touch if you would like any of this information, or wish to apply, in another format.
Please do not include your CV as it will not be considered. Please put all relevant information on your application form.
Job description
- Position
- Management Accountant
- Grade
- SMT
- Salary
- £45,878 per annum
- Hours
- Full time.
- Contract type
- Permanent
- Responsible to
- Head of Finance
- Location
- In the building. Hybrid working option available (part working in the building and part remote). This post is not suitable for full remote working.
Purpose of job
The Management Accountant works as part of the Finance Team. Their main responsibilities are producing the monthly management accounts, with the support of the Assistant Management Accountant; monitoring project and programme costs and supporting the Head of Finance with day to day finance operations.
This post is a member of the Strategic Management Team sharing responsibility for Watershed’s business planning and performance. They will carry out all expectations as outlined in the Management Guidance for managers at Watershed detailed on the Staff Website.
Watershed are in the process of migrating their accounting software and the post holder will be part of the project team for this.
Main responsibilities
- Preparation of monthly management accounts for Watershed Trust company including full reconciliation of balance sheet and first draft commentary.
- Preparation of first draft of Watershed group accounts including full reconciliation of intercompany.
- Preparation of financial reporting of project and programme grants including quarterly reporting (as required by the programme funders) and regular review meetings with project managers. Effective monitoring of core programme and project activity, including regular liaison with the creative programme team, maintaining accurate records of income and expenditure, ensuring that backing paperwork is up to date to audit standard, producing financial reports in a timely manner as required by funders and internally, preparing and submitting and monitoring funding payment claims as required.
- Preparation of weekly cashflow forecasts for review by Head of Finance.
- Under the direction of the Head of Finance, ensuring the accounting system runs smoothly by maintaining the chart of accounts, workflows and user permissions.
- Supporting the Head of Finance with preparation of the annual accounts and during annual audit.
- Supporting the Head of Finance with day to day finance operations including reviewing and authorising sales and purchase ledger and payroll.
- Any other duties as reasonably required.
Key performance indicators
- Monthly reports are accurate, clear and produced within the required timescale as set out in the Finance annual timetable and planner.
- Project activity is effectively monitored and reported and supporting fund claims or invoices are submitted on time and payments tracked and received in a timely manner.
- Accurate cashflow forecasts are provided to time.
- The accounting system runs smoothly and financial controls are well maintained within the system.
- Department runs effectively when the Head of Finance is absent.
Essential criteria
- Membership of an accountancy body such as CIMA or ACCA or passed finalist for CIMA, ACCA or equivalent.
- Able to demonstrate excellent understanding of management accounting
- Thorough, accurate and methodical approach to work, with an ability to work under pressure to meet deadlines
- Ability to deal with team members at all levels across the department and Watershed at large
- Prior experience of processing finance transactions including supplier payments, customer invoices, payroll and of bank reconciliations.
Application process
Closing date:
We will be conducting short interviews with all applicants who meet the essential criteria. A shortlist will then be invited to a longer second interview.
First round interview / presentation (if relevant):
Second round interview:
Working at Watershed
Find out more about staff benefits, our values and more about our approach.
Access
Watershed will work with candidates to ensure their access needs are met during the interview process and will ensure access requirements are not a factor in decision making.
Equal opportunities monitoring
We are striving to understand more about who applies to work with us. At the end of the application process we invite you to complete our anonymous equal opportunities monitoring form, which will not be shared with anyone involved in the recruitment process.
Opening hours
At full operation, Watershed is open seven days a week, including Bank Holidays (Christmas Day and Boxing Day are the only exceptions). Watershed is a public building, which operates a diverse range of cultural and commercial activities. The post holder will need to be comfortable working in this environment.
Before you apply
Watershed's first value is Inclusive – We listen to and learn from our community, creating equity and addressing harm where it occurs. The information below lays out some of the steps we are taking to create a more inclusive recruitment process. Many of these steps are new to us, so feedback and questions are very welcome.
You may not have worked in a cultural organisation before, or in an organisation like Watershed. Please still consider applying as many other sectors offer transferable contexts.
If you are from a background that is underrepresented in the culture sector - for example you are from a community that experiences racism or you are a disabled person (as defined by the Equalities Act 2010), or you did not go to University or had free school meals as a child - and you would like support to articulate how your experience is transferable to this role, you can book time with us to discuss it. We will ensure the person you meet is not involved in the recruitment process. Please request this by emailing hr@watershed.co.uk (we will not ask you to disclose your background).
We believe our work will be stronger with greater diversity and welcome applications from those who bring balance to our team. Watershed welcomes the whole person to work, and we understand that each of us brings our experiences, our backgrounds and our own unique lens to what we do. Supporting our staff means they are not appointed to represent specific groups or organisations.
Watershed Values
As a registered charity and social enterprise, Watershed has well-established brand values. We seek to apply our values in everything we do and ask staff, partners, suppliers and collaborators to do the same.
Our values are:
- Inclusive We listen to and learn from our community, creating equity and addressing harm where it occurs
- Transparent We share our approach openly and clearly, working at a pace which enables everyone to participate who wishes to
- Responsible We use our resources generously and sustainably, considering our impact on future generations
- Kind We are careful and caring with ourselves and with others
- Hopeful We celebrate culture, creativity and wonder as paths to a better future
Watershed is a Social Enterprise Mark holder. Social Enterprises are businesses whose products and services create both social and environmental benefits.
Closing Date: Fri 30 May, 17:00 BST