Fixed Asset Accountant managing asset accounting across a diverse portfolio at a social housing landlord. Involves valuations, depreciation, and ensuring compliance with reporting standards.
Responsibilities
Maintain and reconcile the fixed asset register for housing stock, investment properties, leases, and other fixed assets.
Record acquisitions, disposals, and transfers of fixed assets and investment properties.
Manage lease accounting under the updated FRS 102 standard and maintain the lease register.
Ensure accurate classification of assets in accordance with FRS 102 and the Housing SORP.
Complete Homes England disposal documentation, ensuring capital grants are accurately reported.
Maintain and reconcile deferred and accrued capital grants, as well as the recycled capital grant fund, in line with regulatory and reporting requirements.
Work closely with Development Finance to capitalise development expenditure, allocate costs to properties and components, and produce relevant reports.
Collaborate with the Senior Finance Business Partner (Assets) to capitalise refurbishment spend, manage component transfers to RAM upon completion, and write off replaced components and report.
Calculate and post monthly depreciation for all asset categories.
Assist with the annual impairment review alongside the Senior Finance Business Partner (Assets).
Assist with month-end and year-end close processes, including external audit preparation.
Produce high-quality working papers and draft fixed asset notes for the annual report and financial statements, for review by the Financial Accounting and Tax Manager.
Liaise with auditors and provide additional documentation for asset-related audit queries.
Requirements
Minimum 2 years’ experience in fixed asset or general ledger accounting.
Part-qualified or fully qualified accountant (e.g., ACCA, CIMA, CIPFA).
Reviewing processes and systems and recommending enhancement to asset related policies and procedures for continuous improvement.
Proficient in Excel and financial systems (e.g., OpenAccounts, RAM).
Strong knowledge of FRS 102, fixed asset accounting principles, and housing asset lifecycles.
Up to date knowledge of financial reporting standards, compliance regulatory requirements.
Right to Work in the UK - visa sponsorship is not available.
A standard DBS (Disclosure and Barring Service) check will be required for the successful candidate as part of the pre-employment process - Criminal Conviction Checks
Benefits
Salary from £41,562 up-to £46,202 depending on experience (Pay Award due in April)
Social Housing Pension Scheme with up-to 10% employer contribution
28 days annual leave that increases with service plus bank holidays
Option to buy and sell annual leave
Training, development, and qualification opportunities
Our Hub: our wellbeing and benefits site, with exclusive access to discounts and savings (at over 800 retailers)
Corporate health scheme membership
Hybrid working with free parking onsite
Access to an Employee Assistance Programme
Cycle to work scheme
Local gym membership discounts.
A team of trained Mental Health First Aiders who are available for colleagues to contact for support
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