Assistant Management Accountant. Purpose of the Role

Transcription

1 Role: Responsible To: Responsible For: Location: Assistant Management Accountant Management Accountant No direct reports Merseyside Purpose of the Role Support the Management Accountant in ensuring the financial position of the Association is reported both accurately and timely to the Executive Management Team and the Board. Provide accurate, timely and useful financial management information to assist the Group in the delivery of its Corporate Plan. Specific Responsibilities & Accountabilities 1. To ensure a positive profile for LMH through effective business relationships with partners and stakeholders. 2. To deputise for the Management Accountant or Commercial Accountant as required. 3. To carry out such other duties and responsibilities as are consistent with the concept of the role. 4. To provide and review timely and accurate monthly management account reports for Management, and assist in the provision of quarterly reports to the Board as directed by the Management Accountant 5. Responsibility for the provision of timely, accurate and useful variance analysis with respect to budgets and forecasts on LMH Group service areas as directed by Management Accountant. 6. Assist in the preparation of the monthly management accounts pack to all budget holders. All budget packs for budget holders will include a detailed commentary highlighting areas of concern. 7. Ensure monthly financial planning and budget review meetings are held with all budget managers recommending remedial action required for adverse variances and monitoring of any previously agreed remedial action. 8. Provide accurate, timely and useful financial management information which will assist budget managers in providing an effective service. 9. To assist in the preparation of the annual budget setting exercise for the Association. 10. To develop, maintain and review systems relevant to the production of accurate financial management information.

2 11. Provide financial advice and support to Service and cost centre managers on financial processes and requirements 12. Manage designated balance sheet accounts as directed by the Management Accountant ensuring monthly reconciliation of balances and analysis. 13. Ensure effective management of prepayments, accruals, accounting adjustments and standard entries are managed and maintained for assigned cost centres 14. To utilise the Management Information System to provide performance statistics for the Association s property portfolio. 15. Preparation of other ad-hoc reports as and when required. 16. To ensure designated external returns are made on time. Corporate Responsibilities 1. Have knowledge of LMH s vision and promote the values of the organisation at all times. 2. To maintain a comprehensive knowledge of LMH departments, services, policies and procedures in relation to the role and to be responsible for maintaining effective working relationships with internal services, external agencies and organisations. 3. Comply at all times with all LMH policies and relevant legislation including Data Protection, Equality & Diversity, Health & Safety and financial regulations whilst ensuring compliance by all team members 4. To understand the key business priorities and performance indicators throughout LMH. 5. To contribute to the achievement of equality and diversity excellence ensuring LMH develops and promotes positive practices in all its activities. 6. Responsible for managing devolved budgets within the Delegation Framework, to ensure allocated resources meet the need of service users 7. Risk management is every member of staff s responsibility and everyone has a role in carrying out appropriate Risk Management by adhering to the LMH Risk Framework and contributing to risk identification, assessment and control exercises 8. Support the delivery of value for money services, providing cost-effective, efficient, quality services to meet existing and potential customers needs. 9. Responsible for the management of risk within LMH Risk Framework to assist LMH to achieve its corporate objectives

3 10. Responsible for the delivery of value for money services, providing cost-effective, efficient, quality services to meet existing and potential customers needs. 11. Ensure that employees are aware and understand the LMH Risk Framework and operate within the framework at all times. Continuous Improvement 1. Implement locally effective performance management systems to meet corporate and service area requirements, to achieve continuous service improvement and the development of a performance management culture. 2. Continually review processes for the service through effective consultation and partnership arrangements to achieve user expectations. Signature of post holder: Signature of manager:

4 Role: Assistant Management Accountant Responsible To: Management Accountant Responsible For: No direct reports Location: Merseyside Essential Desirable Method of Assessment (see list below) Education and Qualifications Part Qualified Accountant, (e.g. CIMA, CIPFA, ACA) AF/CQ Previous experience of working in a financial & management accounting environment Experience, Skills & Knowledge Track record of success in the provision of financial management services Development and reporting of annual budgets/business plans which effectively support the operational targets of the company. AF/CQ Regular financial reporting, to Executive Management Teams and company Boards, identifying financial implications, providing financial forecasts and the appropriate financing options if required. Ability to evaluate development and project plans in respect of finance evaluations and in comparison to the business plan. Effective liaison and working with non finance managers to ensure the company operates with effective control arrangements. Competencies Able to ensure staff deliver high quality customer service with tact and diplomacy and can take responsibility for customer satisfaction and customer participation.

5 Able to adapt communication style to suit audience in order to clearly and persuasively communicate Able to build a culture of strong commercial awareness and continuously strive for cost effectiveness whilst delivering strategic objectives Able to provide example and direction for collaborative team working and resolve any conflict within the team Able to contribute to developing new concepts and approaches within own service area Key AF Application Form I Interview (may include presentation or occupational test where appropriate) CQ Certificate of Qualification R References Signature of post holder: Signature of manager: