Description Job Title: Capital Accountant Contract Type: 18 Months Fixed Term Contract Salary: £50,807.54 (£56,099.68 is achieved after 12 months successful performance in the role) Working Hours: 35 hours per week Working Pattern: Monday to Friday Location: Hybrid, Liverpool If you share our values and are excited about making a significant impact at Riverside, please ensure you attach a current CV and covering letter. At Riverside we recruit to potential not just on skills and experience, so we encourage you to apply even if you don't meet all the essential criteria on the job description. The difference you will make as a Capital Accountant As a Capital Accountant you will be a finance professional reporting to the Financial Accounting Manager. The role is responsible for the delivery of capital accounting across the Group and is accountable for fixed asset accounting and development accounting. The role will provide management and direction to the Capital Accounting team in carrying out a range of complex financial activities, whilst fostering a continuous improvement culture across the wider Group Finance team. About you We are looking for someone who will Manage a team of part qualified accountants. Actively coach and manage the performance of individuals, to achieve the stated objectives of TRGL and positively impact on the customer of TRGL. Supervise and support the training and development of the Capital Accounting team. Deputise for and support the Financial Accounting Manager as and when required to ensure continued effective leadership across the service. Why Riverside? One Housing is part of Riverside, we’re a housing association with a difference – enhancing the everyday for all our customers. For 90 years, we’ve been revitalising neighbourhoods and supporting communities by providing the homes they need to live full, fulfilling and rewarding lives. We have a portfolio of over 75,000 affordable residential and retirement homes across the UK. Our work ranges from homelessness services to social care, employment support to retirement living, and we need the best people on board to help us. Working with us, you’ll enjoy: Competitive pay & generous pension 28 days holidays plus bank holidays Flexible working options available Investment in your learning, personal development and technology A wide range of benefits Diversity and Inclusion at Riverside: We are inclusive. At Riverside, we value diversity in all its forms. We foster a workplace where all individuals are respected, empowered, and heard. Our commitment to inclusivity drives our success and enriches the lives of our customers and colleagues. Riverside is a Disability Confident Employer and operates a Guaranteed Interview Scheme for any applicant who declares they have a disability. If the applicant meets the minimum requirements for the role (as set out in the role profile and/or person specification) they will be guaranteed an interview. This role also falls under our Ethnic Diversity guaranteed interview scheme. If you are Ethnically Diverse and demonstrate you meet the minimum criteria for the role you will be guaranteed an interview. If required Applications may close before the deadline, so please apply early to avoid disappointment. Role Profile Responsible for developing and maintaining robust accounting policies for the Capital Accounting team, ensuring compliance with FRS’s, SORP, IFRS and regulatory requirements. Play an active role in ensuring that accounting policies are communicated and applied effectively across the Group. Devise, implement and review capital accounting processes and procedures ensuring compliance and adherence to statutory and regulatory frameworks and Group accounting policies. Act as a subject matter expert in capital accounting, providing advice and support to the team and wider Group Finance, ensuring capital accounting transactions reflect current accounting policies. Manage the month end process ensuring journals are processed in accordance with specified timetables and financial ledgers are reviewed for accuracy. Review and approve a range of complex journals prepared by the Capital Accounting team. Review and approve all balance sheet reconciliations performed by the Capital Accounting team ensuring that they are completed effectively and in accordance with specified timetables. Work closely with the Financial Accounting Manager to ensure accurate and relevant information is provided for Group balance sheet reporting. Manage the provision of fixed asset accounting for the Group, with responsibility for the Group’s £4 billion asset register. Ensure that the asset registers are maintained in line with the Group’s capitalisation policy, FRS 102 and Housing SORP and that depreciation and amortisation are posted accurately in accordance with financial policies. Manage the provision of accounting for investment properties, ensuring that changes in the fair value of properties are calculated accurately and recognised correctly in financial ledgers. Responsible for the impairment review of non-financial assets in accordance with Group accounting policies, FRS 102 and Housing SORP. Assist with the preparation of accounting papers to support internal practices and liaise with external auditors to ratify these. Manage the provision of development accounting for the Group. Work closely with the Development Finance team to ensure journals are posted correctly and in line with Group timetables and accounting policies. In particular, scheme completions, assets held for sale and assets under construction. Responsible for the financial accounting activity for the Group’s joint venture arrangements. Provide technical accounting advice and support to the Development Finance as required to ensure compliance with Group accounting policies and timely receipt of information from JV partners for inclusion in financial reporting for Group profits. Manage the accounting process for the Group’s property sales and disposals program ensuring the correct accounting disclosures are made in line with revenue recognition principles. Work closely with internal sales teams to ensure accurate and timely information is provided for reporting. Manage the accounting of capital grant receipts and ensure that recycled capital grant calculations are compliant with capital funding guidelines. Support any external grant funding requests and monitor the phased release of revenue grants ensuring recognition principles are adhered to. Support the Financial Reporting team in the delivery of all external audits. Prepare financial accounting year-end working papers, reconciliations, and audit information as required and in line with financial reporting and statutory requirements. Ensure the team provide accurate and timely advice, guidance and support to colleagues and other stakeholders as required, dealing with complex financial matters and escalated queries and issues to ensure effective resolution. Ensure team processes and procedures are reviewed and updated as required. Actively contribute to regular reviews of the Financial Accounting function, seeking feedback from internal and external stakeholders, to continually improve the service provision and identify efficiencies where possible. Improvement opportunities identified and realised should be in accordance with change management protocols. Manage internal and external stakeholders effectively, building constructive relationships to deliver the Financial Accounting service by creating an inclusive, supportive and professional environment. Ensure that all data protection requirements are met in accordance with the Group’s policy, procedures and statutory requirements. Ensure that health and safety requirements are met in accordance with the Group’s policy, procedures and statutory requirements. To be an advocate and exemplar of ‘Our Riverside Way’. To demonstrate a pragmatic and ‘can-do’ attitude to find solutions. Person specification Knowledge, Skills and Experience Essential A recognised professional accountancy qualification (ACA/ACCA/CIMA) Strong technical accounting skills. Experience in a finance management position, preferably within Financial Accounting or Reporting. Knowledge of relevant legislation and government regulations. Customer focused with excellent written and verbal communication skills, with the ability to work at all levels within the business. Proactive approach with the capability to work flexibly and adapt to particular situations. Results driven with strong analytical skills and experience of providing meaningful management information. Excellent attention to detail with the ability to work under pressure, deliver to strict deadlines and manage conflicting priorities. Evidence of effective stakeholder management, both internally and external to the organization. Desirable Previous experience within the sector. Good understating of the SORP and FRS 102 Experience of Sun Systems. Additional Information To fulfil the requirements of this role, you will be required to be on site at Head Office, Liverpool for each month end and during planning, interim and year-end external audits. The Group has offices across the UK and on this basis, there may be the requirement to travel to other locations to effectively perform this role. In order to fulfil the requirements of this role, you will be required to work flexibly during the hours of operation. The role holder is expected to be committed to equal opportunities and to promote non-discriminatory practices in all aspects of work undertaken. The role will be exposed to sensitive information; therefore, the role holder is expected to always maintain levels of confidentiality.