Capital, Collection Fund & Closing Accountant

Capital, Collection Fund & Closing Accountant

Posted 1 week ago by Hays

£46,569 Per year
Undetermined
Hybrid
Woking, England, United Kingdom

Summary: The Capital, Collection Fund & Closing Accountant role at Woking Borough Council involves leading capital accounting and supporting financial planning and reporting processes. The position requires ensuring compliance with accounting standards, managing the capital budget, and advising departments on capital finance matters. The successful candidate will also drive improvements in financial systems and procedures while working within a collaborative finance team. A competitive salary and flexible working arrangements are offered as part of the role.

Key Responsibilities:

  • Oversee the Council's capital accounting function and ensure compliance with accounting standards.
  • Lead the preparation and monitoring of the capital budget.
  • Manage collection fund accounting for business rates and council tax.
  • Ensure timely and accurate closure of accounts.
  • Advise departments on capital finance matters.
  • Support the production of the Statement of Accounts.
  • Drive improvements in financial systems and procedures.

Key Skills:

  • Strong experience in capital accounting, financial reporting, and budget management.
  • Thorough understanding of CIPFA standards, IFRS, and the Prudential Code.
  • Experience in collection fund accounting and year-end closure processes.
  • Excellent analytical and communication skills.
  • Proactive approach to process improvement and financial governance.
  • A relevant professional qualification (e.g., CIPFA, ACCA, CIMA, or equivalent) is desirable.

Salary (Rate): £46,569 yearly

City: Woking

Country: United Kingdom

Working Arrangements: hybrid

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Other

Detailed Description From Employer:

Your new company Woking Borough Council is a forward-thinking and inclusive local authority, committed to delivering high-quality services and maintaining strong financial governance. We are proud of our innovative approach to public finance and our dedication to transparency, compliance, and continuous improvement. We are now seeking a Capital, Collection Fund & Closing Accountant to lead on capital accounting and support the Council's financial planning and reporting processes, paying £39,718 - £46,569 pa.

Your new role As the Capital, Collection Fund & Closing Accountant, you will be responsible for overseeing the Council's capital accounting function, ensuring compliance with accounting standards and supporting the financial planning of capital projects. You will lead the preparation and monitoring of the capital budget, manage collection fund accounting for business rates and council tax, and ensure the timely and accurate closure of accounts. This role also involves advising departments on capital finance matters, supporting the production of the Statement of Accounts, and driving improvements in financial systems and procedures.

What you'll need to succeed To be successful in this role, you will need: Strong experience in capital accounting, financial reporting, and budget management. Thorough understanding of CIPFA standards, IFRS, and the Prudential Code. Experience in collection fund accounting and year-end closure processes. Excellent analytical and communication skills, with the ability to advise and train stakeholders. A proactive approach to process improvement and financial governance. A relevant professional qualification (e.g., CIPFA, ACCA, CIMA, or equivalent) is desirable.

What you'll get in return In return, you will join a supportive and collaborative finance team within a council that values innovation, inclusion, and professional development. Woking Borough Council also offers: Flexible and hybrid working arrangements. Opportunities for training and career progression. A welcoming and inclusive workplace that values diversity and supports equal opportunities. A competitive salary and benefits package. 23 days + Bank Holidays, increasing to 28 after 5 years Generous annual leave entitlement plus bank holidays Flexi-time scheme with the ability to take two flexi days a month Two volunteering days per year in Woking Flexible and agile working arrangements Comprehensive learning and development programme Discounts on a range of local shops, restaurants, gyms and leisure centres Interest-free season ticket loans Local Government Pension Scheme Cycle to work scheme Free eye tests and contribution towards glasses Confidential wellbeing and counselling support Subsidised gym membership.

What you need to do now If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now. If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career. Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk