Job Summary Table of Head of Financial Accounting

Job Description Summary

Durham University is seeking an experienced and qualified Head of Financial Accounting to lead the Accounts Payable, Cash Management, and Balance Sheet Reconciliation teams within the Finance Department. This is a senior role responsible for overseeing critical financial processes and preparing statutory financial statements.

Responsibilities

• Manage the Accounts Payable, Cash Management, and Balance Sheet Reconciliation teams, ensuring efficient operations and high-quality service delivery.
• Produce daily, weekly, and monthly cashflow reports for senior management.
• Oversee the monthly balance sheet reconciliation process, ensuring accurate and timely completion.
• Play a key role in preparing statutory financial statements, lead the production of lead schedules, and work closely with external auditors.
• Assist the Financial Controller with other financial duties within the wider Transactional Finance team.
• Advise senior management on investment and loan strategies.

Benefits and Perks

• Generous annual leave of 42 days, including public holidays and University closures.
• Enrolment in the University Superannuation Scheme (USS) pension plan.
• Ample parking, cycle-to-work scheme, and discounts with local transportation providers.
• Comprehensive professional development opportunities, apprenticeships, and access to qualifications.
• Discounted membership for state-of-the-art sports and gym facilities.
• On-site nursery and access to holiday camps for children.
• Family-friendly policies, including generous maternity and adoption leave.
• Staff volunteering activities and discounts on various products and services.

Company Overview

Durham University is a globally outstanding center of educational excellence, with a unique and historic setting. As a collegiate community of extraordinary people, the University takes pride in inspiring its employees to achieve outstanding results professionally and personally.

Company Culture

Durham University fosters an inclusive environment where everyone can reach their full potential. Equality, diversity, and inclusion are central to the University’s strategy and values. The institution actively works towards creating a supportive and inclusive community for staff and students.

Career Growth Opportunities

Durham University offers ample opportunities for professional growth and development. Employees can benefit from a range of training programs, apprenticeships, and access to qualifications to enhance their skills and advance their careers within the University or the broader industry.

Diversity, Equity, Inclusion, and Belonging

The University is committed to promoting diversity, equity, and inclusion in its workforce. Applications from underrepresented groups, including individuals with disabilities, women, and Black, Asian, and minority ethnic communities, are welcomed and encouraged.

Equal Opportunity Statement

Durham University is an equal opportunity employer and is committed to providing a fair and inclusive work environment for all employees, free from discrimination based on race, color, religion, sex, national origin, age, disability, or any other protected characteristic.

Remote Work Policy

This role offers a hybrid working arrangement, with at least 40% of the work conducted on-site and the remaining time remotely. The University provides the necessary tools and support for effective remote collaboration and communication.

Application Process

1. Submit a CV and a supporting statement outlining how you meet the essential criteria outlined in the person specification.
2. Shortlisted candidates may be invited for an interview or assessment process.
3. Final selection will be based on the candidate’s qualifications, experience, and performance during the assessment process.

Application Deadline

The closing date for applications is June 17, 2024, at 4:29 AM.

How to Apply

To apply for this role, please submit your CV and a supporting statement addressing the essential criteria to john.g.wilkin@durham.ac.uk. For any further inquiries or information about the role, please contact John Wilkin at the same email address.

Social Media Links

• LinkedIn: https://www.linkedin.com/school/durham-university/
• Twitter: https://twitter.com/durhamuniversity
• Facebook: https://www.facebook.com/durhamuniversity

FAQs or Additional Information

Q: What is the duration of the role?

A: This is an open-ended/permanent full-time position.

Q: Is relocation assistance provided?

A: Yes, if you are moving to Durham, the University can assist with removal costs and provide support for house hunting, schools, and visa application processes, if applicable.

Q: What are the working hours?

A: The contracted hours per week for this role are 35 hours.

Q: Is there a probationary period?

A: Information about probationary periods is not provided in the job description.

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