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Details Reference number 304097 Salary £45,000 - £45,000 Circa Job grade Other Contract type Permanent Business area MAPS - CFO Type of role Accountancy Working pattern Flexible working, Full-time, Homeworking Number of jobs available 1 Contents Location About the job Benefits Things you need to know Apply and further information Location Bedford About the job Job summary Assistant Accountant c.£45,000 per annum Bedford Permanent Hybrid Working The Money and Pensions Service (MaPS) has launched the UK Strategy for Financial Wellbeing, which is setting ambitious goals for change and improving the lives of millions of people. They have an opportunity for an Assistant Accountant to join their Financial Services team. You will be responsible for supporting the Financial Accountant in producing monthly management information as well as year-end annual statutory financial statements and returns. You will assist with maintaining robust internal controls while preparing and monitoring MaPS’ balance sheet. Alongside this, you will be preparing VAT returns and developing your knowledge to comply with the UK VAT Legislation, with an aim to become the subject matter specialist. Job description The Assistant Accountant will report directly to Financial Accountant. In this role you will be responsible for the following; Responsible for month end, quarterly and annual processes for Accounts Payable, Fixed Assets, Cash Book, and general ledger in the finance system. Preparing accruals and prepayment schedules in conjunction with the FBPs team. Preparing journals for loading into the General Ledger - recharge journals, reanalysis etc and supporting the Financial Accountant in preparing the monthly management information. Responsible for monthly balance sheet reconciliations for the assigned codes. Maintaining and updating the Fixed/Intangible Asset registers and depreciation schedules. Communicate complex financial information to non-financial senior staff. Support the preparation of the annual review and financial statements and associated returns. Ensure staff are aware and adhere to our financial policies and procedures and delegated authority. Assist the Financial Accountant in maintaining appropriate internal controls over financial and management information. Responsible for maintaining processes and procedures relating to VAT, reviewing VAT transactions, and preparing VAT returns. Assisting the Financial Services team to deliver any project assigned to the team. Acting up to provide cover for the Financial Accountant, when required. Any other tasks as required within the Finance Department. Person specification You will need to demonstrate the following skills and experience; Part qualified accountant of one of the professional accountancy bodies – CCAB or CIMA or AAT Solid financial and management accounting skills and considerable experience in supporting financial reporting function under IFRS/UK GAAP. Advanced Excel User while comfortable in utilising v-lookups, sum-ifs, and pivot tables Excellent organisational skills and experience of working under tight deadlines. Expert users of the finance system. Benefits The Money and Pensions Service is establishing a new head office in Bedford, where we will be a key employer in the town. Whilst it will be some time before our new offices are fully open, we are keen and excited to be recruiting for a variety of roles as we build our new team(s) over the coming months. We are already forging great relationships with Bedford Borough Council and other local organisations to ensure that we are an active part of the community and fully integrated to play our part in the Government’s “levelling-up” strategy. This is a wonderful opportunity for you to be one of the first colleagues to join us in Bedford and to be an integral part of helping us establish ourselves in the town. At the heart of the Money and Pensions Service are our values – caring, connecting and transforming, which are the foundation of our success. They permeate every area of our work and define all our business relationships and the way we work with each other. We’re not only looking for the best people in and around Bedford to come and work for us, but we need people who align themselves to our values: - Caring We care about our colleagues and people whose lives we are here to transform. Connecting We will transform lives through our ability to make positive connections. Transforming We are committed to transforming lives and make a positive societal impact. About MaPS At MaPS, we help people – particularly those most in need – to improve their financial wellbeing and build a better, more confident future. Working collaboratively across the UK, we make sure customers can access high-quality money and pensions guidance and debt advice throughout their lives, however and whenever they need it. About our people In our move to Bedford, we aim to attract and retain the absolute best talent, so we can achieve our objectives and continue to make a difference to millions of people’s lives. We are keen to encourage applications from individuals across the whole community with the skills, knowledge, and behaviours for the job, and who show a strong commitment to MaPS’ objectives, values, and vision. It is important to us that we continue our ambition to be a genuinely diverse and inclusive organisation, so that we reflect the people we are here to help. Our inclusive working environment By fostering our values, we are immensely proud of the inclusive working environment that we have created.The diversity of our people is a strength that we embrace and wish to build upon, so we are committed to attracting people of all backgrounds. We work hard to ensure that we have a progressive approach to inclusion, equity and belonging. We really do want our colleagues to “bring their whole selves to work.” By way of brief example, we have an enviable ethnic diversity mix, equal gender balance with a zero mean gender pay gap and thriving colleague and ally networks, including LGBTQ+, neurodiversity, women’s health, men's health, ethnicity, and diversity. What Money and Pensions Service can offer you? Generous Annual Leave – 30 days plus Bank Holidays Pension scheme – contributions matched 2 to 1 (up to 10% of your salary) Interest-free loan to help you buy season tickets for buses and trains Cycle to work Scheme Subsidised eye test & flu jabs Life assurance scheme Give as you earn scheme Employee assistance programme (EAP) PAM Assist and PAM Life scheme (Wellbeing) Enhanced family and sick pay Paid volunteering (2 days a year) Recognition Scheme Discounts portal to numerous retailers Things you need to know Selection process details At MaPS, we take pride in our flexible approach to work. Most of our roles can operate on a hybrid basis with a minimum of 2 days in the office per week. Hybrid working is a voluntary, noncontractual arrangement and your office will be your contractual place of work. The number of days that anyone will be able to work at home will be determined primarily by business needs, but personal and other relevant circumstances will also be considered. If you are successful, any opportunities for hybrid working, including whether a hybrid working arrangement is suitable for you, will be discussed with you prior to you taking up your post. The Money and Pensions Service (MaPS) is an arm’s-length body sponsored by the Department for Work and Pensions. This role is to be appointed under MaPS Terms & Conditions. Full details on the T&C’s are found https://maps.org.uk/ Our policy requires that selection for appointment to the MaPS is on merit on the basis of fair and open competition as outlined in the Civil Service Commission's Recruitment Principles. If you feel your application has not been treated in accordance with the Recruitment Principles, and you wish to make a complaint, in the first instance, you should contact the Money and Pensions Service via email: [email protected]. If you are not satisfied with the response you receive from the Department, you can contact the Civil Service Commission: Visit the Civil Service Commission website. Job Reference: MaPS00417 Close Date: 07th August 2023 Feedback will only be provided if you attend an interview or assessment. Security Successful candidates must undergo a criminal record check. People working with government assets must complete baseline personnel security standard (opens in new window) checks. Nationality requirements This job is broadly open to the following groups: UK nationals nationals of Commonwealth countries who have the right to work in the UK nationals of the Republic of Ireland nationals from the EU, EEA or Switzerland with settled or pre-settled status or who apply for either status by the deadline of the European Union Settlement Scheme (EUSS) (opens in a new window) relevant EU, EEA, Swiss or Turkish nationals working in the Civil Service relevant EU, EEA, Swiss or Turkish nationals who have built up the right to work in the Civil Service certain family members of the relevant EU, EEA, Swiss or Turkish nationals Further information on nationality requirements (opens in a new window) Working for the Civil Service The Civil Service Code (opens in a new window) sets out the standards of behaviour expected of civil servants. We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles (opens in a new window). The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria. Apply and further information Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records. Contact point for applicants Job contact : Name : Sabreena Chowdhury Email : [email protected] Recruitment team Email : [email protected]