OR24750 - Treasury & Accountant Manager

Aatom Recruitment is hiring on behalf of Local Authority for the role of OR24750 - Treasury & Accountant Manager

Job Title: OR24750 - Treasury & Accountant Manager

Contract Duration: 6 Months

Hours per week: 37

Role Details:

Key responsibilities include:

Job Aim and Purpose

• Managing Treasury and Exchequer Services is crucial for maintaining a healthy cash flow and ensuring financial stability of the Council. The purpose of this role is to carry out the Councils treasury operations and manage the Exchequer Services section involved in provision of comprehensive set of financial operations services to the Council and its companies, e.g. Treasury, Insurance, Accounts Receivable, Accounts Payable and Payroll services.

Main Objectives

Carry out the Councils treasury activities ensuring they are managed effectively and in accordance with the established Treasury policy and procedures; This includes treasury advice to senior management and implementation of Councils Treasury strategies.

Manage the Exchequer services teams to ensure that the Accounts Receivable, Accounts Payable and Payroll processes are operating effectively whilst adhering to the established procedures and controls. This includes associated accounting, reporting and disclosures.

Ensure that all the Councils payments are received and paid safely and allocated correctly in the ledgers (including to the relevant control accounts).

Ensure that the Council maintains a set of insurances to adequately cover insurable risks and to provide associated insurance services, including handling of the claims.

Ensure that all aspects of the work comply with relevant statutory requirements, professional codes of practice, financial regulations and standing orders

Main Duties and Responsibilities

Broadly, the role involves carrying out the treasury requirements of the Council and supervising the Accounts Receivable, Accounts Payable, Insurance and Payroll processes on a daily basis.

Treasury management:

Carry out the daily, monthly and quarterly treasury operations as required

Assist in maintaining robust treasury management policies and procedures for the Council (e.g. TMSS, TMPs & TMSs) review for appropriateness and recommend changes to ensure effective control and management of treasury risks and activities;

Maintain the Councils liquidity position by managing cash surpluses as per Councils investment policies and strategies.

Maintain the Councils rolling short-term and medium-term cash forecasts

Maintain a fit for purpose banking infrastructure, banking mandate and efficient banking relationships.

Liaise with the Councils treasury advisors, engage credit assessment application companies and apply industry practice to monitor and assess credit limits, as required.

Act as System Administrator for the Treasury Management System (Logotech) ensuring all records are up to date and adhere to the Councils policies.

Provide regular management information reporting on treasury management to the Councils management and committees as required under the CIPFAs Codes of Practice and the TMSS.

Prepare the monthly cash control by reconciling all income and expenditure records to bank statements and schedules and to the FMS, and by resolving differences identified, in order to ensure that all receipts and payments have been correctly accounted for and posted to the

Knowledge

• Knowledge of the CIPFA Prudential and Treasury Management Codes of Practice
• Knowledge of cost allocation, recharging mechanisms and reconciling control accounts
• Knowledge of the Accounts Payable, Accounts Receivable and insurance functions of an organisation

Skills and Experience

• At least 3 years of treasury management experience
• At least 3 years post-qualification experience in local government
• Recent experience of preparing the statutory Statement of Accounts / for a local authority
• Experience of dealing with and managing change and change management issues in the workplace
• Experience of compiling complex government or professional body returns
• Well versed in using the Microsoft Office suite of applications including Word, Excel, MS Teams and Outlook
• Prior experience of using major finance management systems
• Extensive post-qualification experience in local government in a management position
• Post-qualification experience in a non-unitary district/borough council
• Experience in using treasury management software
• Experience of working in the Accounts Payable, Accounts Receivable and insurance functions of an organisation

Training and Qualification

• Qualified member of AAT (or equivalent) with full membership
• Qualified member of a CCAB body with full membership
• CIPFA membership
• Training specifically linked to treasury management