Principal Accountant PO6

  • Job Reference: 7235000007224566
  • Date Posted: 26 July 2022
  • Location: United Kingdom
  • Salary: On Application

Job Description

Category: Administration

Location: Haringey ALEXANDRA HOUSE United Kingdom

The Role

We have a Principal Accountant role in the Chief Accountant's Team at the London Borough of Haringey which we are recruiting to. This post is key to supporting the Chief Accountant and Deputy Chief Accountant in maintaining the integrity of the Council's accounts, and producing the Statement of Accounts each year.

This role is to lead on all fixed assets related accounting including acquisitions, revaluations, capital charges, grant recognition and disposals. This will also include complex areas such as Lease Accounting, calculating Minimum Revenue Provision and Capital Settlement & Financing. The post-holder would keep abreast with technical developments arising from changes in legislation, professional guidance and advice from experts and auditors. He/she would play a lead role in the commissioning and validation of the annual fixed assets valuation exercise ensure that the fixed assets register is updated and reconciled with property databases. Maintain capital related coding and the capital reporting structure is up-to-date to action all capital increments in respect of capital charges. To work closely the capital monitoring teams and services to facilitate correct capital accounting complete capital related statutory returns such as the Housing Pooling Return, Capital Payments Return, Capital Out turn Return and WGA produce notes to the Statement of Accounts and capital out turn.

The Principal Accountant works closely with the Chief Accountant and Deputy Chief Accountant to ensure that the Council's financial reporting processes, procedures and policies are pragmatic, fit for purpose, up to date with best practice, and deliver maximum value to the Council. This role has a high degree of responsibility and autonomy for how they approach the workload in their areas: including the design and preparation of working papers, and managing audit queries.

The above role is expected to last for at least 6 months (and possibly up to 12 months depending on how quickly we can recruit to a permanent role) as we'd need to cover the 21/22 year-end Closure and audit of accounts (which is not expected to be completed before January 2023).

The coverage and exposure to different areas of the Council's financial reporting makes this role a fantastic opportunity for an exceptional individual who wants to further their career and has aspirations to be a future Chief Accountant or Head of Finance.