UK Research and Innovation

Capital Accountant

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Job Location

Swindon, United Kingdom

Job Description

UK Research and Innovation

Salary: £34,905
Hours: Full Time
Contract Type: Open Ended
Location: Rutherford Appleton Laboratory, Didcot, Oxfordshire (Hybrid Working - Requirement to be in the office 3 days a week)

Closing Date: Sunday 29 September 2024

Job Overview:

The Science and Technology Facilities Council is a world-leading multi-disciplinary science organisation, and our goal is to deliver economic, societal, scientific and international benefits to the UK and its people - and more broadly to the world.

A position of Capital Management Accountant has arisen within the Financial Control pillar of UKRI Corporate Finance. The role is based at the Rutherford Appleton Laboratory, near Didcot, Oxfordshire although occasional travel to other UKRI sites will be required. The Financial Control pillar within UKRI is principally responsible for the production of the Annual Report and Accounts and the maintenance of the General Ledger and monthly transactions. The position will be solely focussed on the management of the fixed assets further information can be found at https://stfc.ukri.org/about-us/how-we-are-governed/financial-reporting/

The role requires a proactive individual who is highly organised with strong analytical and communication skills. Prior knowledge of Oracle is desirable.

Key Responsibilities:

Reporting to the Head of Capital Management, duties will include:
  • Monthly reconciliation between Oracle General Ledger and Fixed Asset modules on a project by project basis
  • Ensure Fixed Asset capitalisation and disposals are in accordance with UKRI policies and International Financial Reporting Standards
  • Provision of educational workshops and materials on Fixed Assets and Capital Project set-ups to Capital Project Managers and Departmental staff at all UKRI sites
  • Maintenance of the 150+ Capital Projects Ledger- involving advising on project structures to facilitate asset creation in the Fixed Asset Register, cleansing project data of non-capital items and the timely creation of Construction in Progress Assets
  • Manage rolling cycles of Fixed Asset verification, validation and impairment review
  • Maintain an effective collaborative working relationship with the shared service centre UK SBS (as Fixed Asset transaction processing is outsourced)
  • Undertake a monthly quality review of the Fixed Asset reconciliations undertaken by the UK SBS
  • Other activities suitable for the role and experience

You will have extensive interaction with staff in both Finance and Project Management and will need to establish strong working relationships with Project Managers and Management Accountants.

Person Specification:

Essential
  • Qualified or part-qualified accountant with relevant experience
  • Extensive experience in a financial accounting environment substantiated by a proven track record
  • Good working knowledge of the International Reporting Standards relating to Non-Current Assets - tangible and intangible
  • Strong analytical skills and good attention to detail
  • G ood working knowledge of data mining within MS Excel
  • Good working knowledge of MS Word and PowerPoint
  • Experience in the creation and management of Fixed Assets and large Capital Projects
  • Experience of complex GL account reconciliations
  • Ability and experience of presenting and explaining financial information to non-financial staff.
  • Flexible and a self-motivated individual

Occasional travel to other UKRI sites will be required.

Desirable
  • Experience of Oracle Project Accounting, General Ledger, and Fixed Assets Modules.

What we can offer

UK Research and Innovation offers a benefits package designed to provide an excellent work/life balance. This includes:
  • 30 days' annual leave plus 10.5 public and privilege days,
  • Flexible working hours
  • Exceptional defined benefit pension scheme
  • Christmas shut down
  • Access to childcare vouchers, employee shopping/travel discounts and salary sacrifice cycle to work scheme.

We currently operate a flexible hybrid working arrangement, allowing staff to work three days a week from home.

The UKRI Commercial Directorate is also passionate about supporting our team's professional development, and is committed to:
  • A structured mentoring programme for all new starters
  • A variety of ongoing training opportunities delivered internally and externally, to encourage continuing professional development.
  • Providing a breadth of experience in procurement and categories of purchasing - from one-off specialist research equipment, construction, professional services, Facilities Management and scientific computing.

For further information on our benefits please see:

Benefits of working at UK Research and Innovation (UKRI)

UKRI is an Equal Opportunity & Disability Confident Employer.

How to Apply

Applicants are required to include a CV and cover letter outlining their suitability for this role.

Applicants who are unable to apply online please contact Recruitment@ukri.org

About UK Research and Innovation (UKRI)

UKRI launched in April 2018, UKRI is a non-departmental public body sponsored by the Department for Science, Innovation and Technology (DSIT).

Our organisation brings together the seven disciplinary research councils, Research England, which is responsible for supporting research and knowledge exchange at higher education institutions in England, and the UK's innovation agency, Innovate UK. Together we build an independent organisation with a strong voice and vision to ensure the UK maintains its world-leading position in research and innovation. More information can be found at www.ukri.org .

Choosing to come to work at UKRI means that you will have access to a whole host of benefits from a defined benefit pension scheme, excellent holiday entitlement, access to employee shopping/travel discounts and salary sacrifice cycle to work scheme. For more details, visit benefits of working for UKRI .

The role holder will be required to have the appropriate level of security screening/vetting required for the role. UKRI reserves the right to run or re-run security clearance as required during the course of employment.

How we support EDI in the workforce

At UKRI, we believe that everyone has a right to be treated with dignity and respect, and to be provided with equal opportunities to thrive and succeed in an environment that enables them to do so. We also value diversity of thought and experience within inclusive groups, organisations and the wider community. For further information, please visit ' How we support EDI in the workforce '.

Disability Confident Employer

As users of the disability confident scheme, we guarantee to interview all disabled applicants who meet the minimum criteria for the vacancy/ies. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

How to apply

Online applications only preferred for this role. Please submit a CV and covering letter which clearly outlines how you fulfil the criteria specified along with your motivation for UKRI and the role. Ensure that the job reference number is included in the filename description of each document uploaded. Note that failure to address the above criteria or submit an application without a covering letter may result in the application not being considered. Assessment will only be based upon the content of your submitted covering letter and CV and not the 'experience' section of the application.

UKRI seeks to ensure it creates and maintains a system of openness, fairness and inclusion - a collaborative, trusted environment, which is attractive to and accessible to everyone who is interested in developing their career with us.

Additional Information
  • Organisation: UKRI - Finance Group
  • Contract Type: Open Ended
  • External Closing Date: Sep 29, 2024
  • Minimum Salary: Pound Sterling (GBP) 34,905
  • Hours: Full-time


Location: Swindon, GB

Posted Date: 9/19/2024
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UK Research and Innovation

Posted

September 19, 2024
UID: 4861094103

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