Management Accountant Apprentice (Royal College of Physicians)

What you’re responsible for:

• With direction from the Finance Business Partners assist in completing the monthly management accounts closing process, ensuring that accrual and prepayment journal entries are made as directed
• Be a source of knowledge on the structure of the Chart of Accounts and its relevance and applicability to the budget areas you work with
• Generate and prepare the monthly management accounts report and distribute the reports to budget holders ahead of the Finance Business Partners’ monthly meetings
• Generate and prepare the quarterly forecast template for Finance Business Partners and distribute to budget holders ahead of meetings
• Lead on the month end goods receipting process with budget holders and their teams, ensuring that all open purchase orders are appropriately dealt with
• Interrogate outstanding POs and work with budget holders to cancel POs that are not required and goods receipt as appropriate
• Work with budget holders and their teams to embed good practice in using the purchase order system and work closely with Finance Systems to make improvements to the system as required
• On a monthly basis check the payroll reports and send any coding error corrections to the Finance Systems team and HR; create and distribute monthly payroll reports to budget holders in the directorates supported
• Provide support to the Finance Business Partners in annual budget setting process
• Assist with Year-End duties and annual external audit
• Review the FBP central mailbox and deal with basic queries from budget holders and refer as appropriate other queries to the relevant Finance Business Partner
• Support the implementation of process improvement in order to gain efficiency and reduce cost
• Support Finance Business Partners in maintaining the accuracy of all financial and non-financial records
• Become a super user of the new budgeting and forecasting system and participate in the training of budget holders and their teams once it is rolled out
• Actively contribute to your own personal development, attend relevant meetings and undertake training as required; observe personal duty of care in relation to equipment and resources used in course of work
• Any other duties as may be reasonably expected and which are commensurate with the level of the post
• Adhere and comply with the provisions of the RCP’s health and safety policy, undertake all duties and responsibilities in compliance with the rules and regulations encompassing equal opportunities
• Contribute to the work of the Department and wider RCP activities

Fixed term to align with apprenticeship (with potential to extend to substantive management accountant role)