Pension Accountant
Posted Today by Adecco
£550 Per day
Inside
Remote
Havering, London
Summary: The Pension Accountant role involves managing all accounting activities for the Pension Fund, ensuring compliance with statutory requirements while providing financial advice related to pension fund accounting and investment decisions. The position requires preparation of financial accounts and reports in accordance with regulations and council policies. The role is fully remote with occasional office attendance for meetings and is initially contracted for three months. The ideal candidate should have experience in Local Government finance, particularly with LGPS finance.
Key Responsibilities:
- Support the Pensions and Treasury service to deliver a cost-effective and professional service.
- Ensure all reconciliations of relevant accounts, including the PF bank account, are accurate and timely.
- Prepare cash flow, budgets, and risk management information for the PF's expenditure and income streams.
- Prepare PF Accounts that meet all accounting and statutory requirements.
- Contribute to the production of the PF Annual Report and Climate report.
- Assist in the closure of accounts process, ensuring adherence to guidance and legislation.
- Expedite all audit queries on a timely basis.
- Support the production of reports for members, senior stakeholders, Pension Committees, and Pensions Boards.
Key Skills:
- CIPFA or equivalent qualified accountant or relevant experience in Local Government finance.
- Experience in producing financial accounts for Local Government, preferably LGPS finance.
- Ability to support committees and manage staff and large contracts.
Salary (Rate): £550/day
City: Havering
Country: United Kingdom
Working Arrangements: remote
IR35 Status: inside IR35
Seniority Level: Mid-Level
Industry: Finance
Client Local Authority in Havering Job Title Pension Accountant
Pay Rate £550 Daily UMBRELLA
Hours 36 Hours a week(Mon-Fri)
Duration Initial 3 Month Contract
Location Fully Remote-Sporadic Office attendance for meetings
Description Purpose of Role:To undertake all accounting for the Pension Fund (PF) complying with statutory requirements and provide support for the treasury management function.To ensure that senior managers and members receive correct and consistent financial advice in relation to pension fund accounting and investment decisions, financial frameworks, policies and legislation.Reference to pensions in this document relates specifically to the Local Government and Pensions Scheme (LGPS).The post-holder has responsibility for finance activity as it relates to the LGPS and Treasury. Prepare PF accounts and Annual report in line with regulation and Council policy. Provide budget information as required
Duties and Responsibilities:
- To support the Pensions and Treasury service and to deliver a cost effective, efficient and professional service to customers.
- All reconciliations of relevant accounts of the PF including the PF bank account are accurate and completed on a timely basis.
- Cash flow, budgets and risk management information of the PF's expenditure and income streams have been prepared on a timely basis.
- PF Accounts have been prepared that meet all accounting and statutory requirements and in accordance with corporate requirements.
- Satisfactory contribution to the production of the PF Annual Report and Climate report.
- Helped deliver to a satisfactory extent the wider aspects of the closure of accounts process ensuring relevant guidance and legislation are adhered to.
- All audit (internal and external) queries have been expedited on a timely and adequate basis.
- Supported the production of reports to members, senior stakeholders, the Pension Committees and Pensions Boards.
Qualifications ·CIPFA or equivalent qualified accountant or relevant knowledge gained through experience in Local Government finance preferably LGPS finance.
Experience· The post-holder must have Local Government Finance experience in the production of financial accounts. Candidates that can demonstrate experience of producing LGPS Pension Fund accounts, supporting a committee, managing staff and large contracts are preferred
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