Overview of salaries statistics of the profession "Financial Account Representative in UK"

This is an exciting opportunity for a qualified Accountant to join Museum Wales as a Finance Business Partner - Financial Accounting.Reporting to the Head of Finance, you will:Plan and oversee Financial Accounting services including maintaining private funds records, management of payments and income team (4 staff), administering payments runs and dealing with purchase ledger queries, overseeing bank and cash management services.Prepare annual statutory accounts and audit working papers for Museum (with Head of Finance), trading subsidiary and joint venture.Be part of trading subsidary senior management team, which is responsible for trading subsidiary strategySupport departments in developing commercial/cost recovery income generationAs part of the department management team, develop and implement systems and procedures, and ensure good communication with departments across Amgueddfa Cymru.Provide targeted financial advice to heads of department to help meet budgeted requirements, improve performance, and meet goals of the organisationYour Key objectives will be to;Ensure that Financial Accounting services are provided to a high standard, complying with legislation and regulations, and on a timely basis.Produce the Annual statutory accounts for the Museum, Trading Subsidiary and Joint Venture are completed to deadline with a 'clean' audit report.Ensure Finance systems and procedures that are fit for purpose and meet legislative and best practice requirements.Ensure Private Funds records are up-to-date, reconciled and accurate, and reports made on a timely basis.Ensure and produce and maintain accurate financial records for the Joint Venture.Work with the Income Generation Team on initiatives and developed with realistic net income projections The knowledge and qualifications you'll need…Qualified ACA, ACCA or CIPFA accountant; or Qualified by Experience with extensive relevant experienceKnowledge of computer based financial accounting systemsGood knowledge of Windows-based software packages, including spreadsheetsThe experience you'll need…Extensive experience of preparing final statutory accounts with supporting working papers, including reconciled control accounts, and liasing with auditorsStaff supervisionDeveloping and implementing financial proceduresProviding financial information for and appraising income generation initiativesPreparation of budgets and forecasts and reporting thereon 

Finance Business Partner duties:Offer guidance on governance implementation within the designated area.Serve as the Chief Financial Officer's representative in monthly review meetings.Evaluate and endorse Change and Investment Papers, meticulously examining risks, opportunities, and ensuring clear identification of program impacts and associated costs.Act as a representative on investment change panels.Provide assurance to the Delivery Director (DD) regarding the appropriateness of reported expenditure and contract payments.Contribute input to the development of policies and enterprise reporting, as well as planning development.Offer guidance on the proper application of IFRS accounting treatment for transactions, including prepayments, accruals, and liabilities.Supervise the month-end financial accounts closure, prepare accounts, and strategize for year-end audits.Conduct monthly analytics of contract spending and accruals, challenging budget holders when necessary.Review and ensure the integrity of Programme Board Packs.Evaluate and question emerging forecasts, monitoring compliance with Spending Review (SR) funding.Develop Cashflow forecast reporting for DfT and scrutinize supply chain submissions.Provide assurance to the Area DD regarding the reliability of data from cost management and commercial sources.Facilitate necessary system changes and reporting requirements for budget management.Supply Workforce Actual costs and forecast information to inform program cost estimates.Encourage budget holders to achieve workforce objectives and optimize resource allocation.The successful Finance Business Partner will:Demonstrate familiarity with accounting systems and proficiency in creating and overseeing off-system analyses and records.Hold a pertinent professional credential such as ACCA, CIMA, ACA, or equivalent.Showcase experience in developing and managing output-focused, activity-based budgets and forecasts.Exhibit the capacity to thoroughly assess and question forecasts, evaluating their affordability, value for money, timing, and impact on program delivery.Display adeptness in utilizing ERP systems, employing data analytics software, and constructing intricate Excel models.Demonstrate capability in establishing and maintaining robust financial controls within large-scale projects.

Developing and launching new products, ensuring alignment with company goals.Lead card operations, including customer on-boarding, payment processing, customer relations, fraud management, charge backs, collections, and account maintenance.Oversee operational processes, develop and maintain standard operating procedures, and drive quality initiatives across the customer life-cycle.Ensure configuration of new card programs across 3rd parties and the banks catalogue.Serve as a central point of contact for Card Scheme (e.g., Visa) and external vendor representatives for implementation projects.Provide testing support for card products and services.Act as an implementation advisor, providing guidance for necessary activities internally and with 3rd party partners.Define, create, maintain, and document standard and non-standard implementation processes.Identify opportunities to streamline processes and enhance operational efficiency within the card operations department.Oversee integration of new technologies and systems to improve card operations and contribute to the bank's digital transformation.Contribute to annual business plans to achieve revenue and profitability targets.Proven experience in card operations within banking, fin-tech, payments or other financial services.Proficiency in technology integration and digital transformation.Strong team player with effective stakeholder management skills.Excellent problem-solving abilities and attention to detail.Strong communication and computer skills.Able to travel monthly to SwitzerlandAbility to work autonomously.