Senior Financial Accountant – Fixed Asset Accounting 38 views

Within the Financial Accounting team, the SFA – Fixed Asset Accountant will maintain governance and control over the fixed asset base of DVSA. This involves becoming the key point of expertise regarding DVSA’s fixed asset register, supporting and contributing to the DVSA’s capital strategy, ensuring compliance with IFRS and FReM, and producing regular monthly reports to Boards and the relevant elements of the Annual Report and Accounts.

The job holder is expected to participate across the full breadth of the team’s remit whilst specialising in Fixed Asset Accounting. The area of specialisation will be rotated through the team to encourage staff development. The individual will be expected to lead, motivate and manage staff on a rotational basis.

This is an exciting opportunity for an individual with good accounting standards and technical accounting skills. These skills will need to be displayed and applied daily to complete tasks. In addition, there will be the opportunity to meet and build lasting relationships with stakeholders at all grades as well as plenty of development opportunities to either learn or build on existing knowledge.

Responsibilities include, but are not limited to;

• Manage and maintain the fixed asset records of the organisation, specifically ensuring the fixed asset registers are up-to-date, accurate and fully understood.

• Manage and maintain the accounting for IFRS 16 leases, ensuring accurate registers of IFRS 16 leases are maintained, monthly IFRS 16 accounting entries are produced and reviewed, ensuring compliance with the standard.
• Act as partner to the business for all matters associated with assets, in particular capital investment decisions, impairment reviews and analysis of capital spend.
• Prepare Board level papers to support the governance of fixed assets (e.g. write downs, impairment reviews).
• Manage and reconcile the Agency’s revaluation reserve and general fund.
• Provide the necessary input and expertise to the reporting processes (including budget, forecasts and long-term forecasts) through provision of depreciation forecasts and other asset-related adjustments.

For more information about the role and responsibilities please see the attached candidate pack.

To thrive in this role, you have excellent fixed asset accounting experience in a complex, multi-site organisation.

You have an analytical mind and are passionate about providing accurate and relevant information and have experience of financial control and successfully delivering month-end and year-end financial processes.

You have strong organisational skills with the ability to prioritise what can sometimes be a conflicting workload. You are a strong advocate for change and continuous improvement, recognising the benefits of promoting a change culture within the team.

You are a confident communicator and can deliver sophisticated financial concepts to a varied audience, both verbally and in writing. Building relationships comes naturally to you, helping you to craft and define new partnerships.

You have experience of working with IFRS, FReM or other statutory reporting frameworks and can demonstrate knowledge gained in the use of SAP or a similar financial system.

Additional Information

There is a need to travel on official business with overnight stays, on occasion. This is approximately two day trips a month, and overnight quarterly.

This role can be based in Birmingham, Bristol, Newcastle, Nottingham or Swansea, your presence at one of these locations will form part of the working arrangements agreed with you. We operate a hybrid working model giving you greater flexibility about where and when you work. Our expectation is that you will spend a minimum 60% of your time at your base location. Visits to other DVSA sites or work locations count towards this.