Overview
A Cash Management Accountant role providing accounting and financial support to the Urban&Civic Group of companies, with a particular focus on cash management.
Role Responsibilities
Cash management matters
* Bank account opening, closures and mandate maintenance (including KYC clearance);
* Maintenance of signatory rights records and bank account permissions (paper and online);
* Assist with audit (internal and external) queries and implementation and monitoring of internal audit recommendations around cash management;
* Manage intercompany cash transfers;
* Monitor and manage cash balance and deposits to ensure adequate funds are available (in line with Group cash management policies);
* Prepare a weekly cash summary (cash balances, including restricted accounts, and deposits, including rates achieved and durations of the deposit);
* Analyse cash spent on monthly basis;
* Prepare a monthly cash management paper that comments on compliance with the Group’s cash management policy (and clearly identifies where compliance has not been achieved).
Accounting and other matters
* Ensure Procure to Pay processes are documented and functioning correctly (including periodic checks of controls where appropriate);
* Post cash book journal entries;
* Reconcile all cash accounts, loan accounts and grant balances;
* Prepare loan covenant compliance reports (banks and Board papers);
* Liaise with debt providers or relationship bank as required (including meeting attendance, loan drawdown/repayment, restricted cash recycling processing);
* Monthly reconciliation of pension and childcare voucher account to HR records (through Head of HR or other designated individual);
* Process and post journals in respect of all corporate credit cards and personal expenses;
* Assist with system improvements, likely to include direct link from banking platforms into accounting software (‘bank feeds’).
* Contributing to Board (V’s and main Group) as required.
Role Requirements
Qualifications, Knowledge & Experience
* Likely to be part qualified ACCA (or similar).
* Previous experience of cash management activities.
* Working knowledge of accounting terms and concepts (Including double entry book keeping).
* Understanding of evolving financial regulations.
* Good level of IT literacy, including good knowledge of excel and accounting packages (SUN would be an advantage but not essential).
Personal Qualities
* Strong verbal and clear written communication skills.
* Extremely trustworthy and able to work with utmost confidentiality.
* Excellent people skills; warm and empathetic with a team ethos.
* Reliable, organised, diplomatic, energetic, sociable, presentable.
* A confident, energetic, and self-motivated individual with a proactive approach.