Principal Accountant

Posted 11 July 2022
Salary £400 - 505 per day
Job type Contract
DisciplineAccountancy & Finance
Contact NameMatt Byrne-Fraser

Job description

We have a Principal Accountant role in the Chief Accountant’s Team at the London Borough of Haringey which we are recruiting to.  This post is key to supporting the Chief Accountant and Deputy Chief Accountant in maintaining the integrity of the Council’s accounts, and producing the Statement of Accounts each year. 

This role is to lead on all fixed assets related accounting including acquisitions, revaluations, capital charges, grant recognition and disposals. This will also include complex areas such as Lease Accounting, calculating Minimum Revenue Provision and Capital Settlement & Financing. The post-holder would keep abreast with technical developments arising from changes in legislation, professional guidance and advice from experts and auditors. He/she would:

  • play a lead role in the commissioning and validation of the annual fixed assets valuation exercise
  • ensure that the fixed assets register is updated and reconciled with property databases.
  • maintain capital related coding and the capital reporting structure is up-to-date
  • to action all capital virements in respect of capital charges
  • To work closely the capital monitoring teams and services to facilitate correct capital accounting
  • complete capital related statutory returns such as the Housing Pooling Return, Capital Payments Return, Capital Outturn Return and WGA
  • produce notes to the Statement of Accounts and capital outturn

The Principal Accountant works closely with the Chief Accountant and Deputy Chief Accountant to ensure that the Council’s financial reporting processes, procedures and policies are pragmatic, fit for purpose, up to date with best practice, and deliver maximum value to the Council. This role has a high degree of responsibility and autonomy for how they approach the workload in their areas: including the design and preparation of working papers, and managing audit queries. 

The above role is expected to last for at least 6 months (and possibly up to 12 months depending on how quickly we can recruit to a permanent role) as we’d need to cover the 21/22 year-end Closure and audit of accounts (which is not expected to be completed before January 2023).

The coverage and exposure to different areas of the Council’s financial reporting makes this role a fantastic opportunity for an exceptional individual who wants to further their career and has aspirations to be a future Chief Accountant or Head of Finance.   

About You

You will be a technical expert who enjoys, and has a flair for, financial accounting.  You will be a natural problem solver, with excellent excel skills, and a desire to constantly strive for improvements in all areas of work.  This role involves line managing and supervising other members of the Chief Accountant’s Team, so we are also looking for an individual who enjoys team building and helping more junior staff achieve their goals and develop their skills.  Prospective applicants should be qualified or actively studying towards CCAB qualification.

How to apply

If you think you’ve got what it takes to succeed, or would love to find out more information, either

About Spencer Clarke Group 

Here at Spencer Clarke Group, we pride ourselves on connecting you with the best career opportunities; our experienced Consultants have extensive market knowledge in Accountancy and Finance and will also provide expert career advice along the way. 

When you join us, you will receive: 

  • Post Placement Aftercare
  • Loyalty reward scheme and regular competitions for our agency professionals 

Spencer Clarke Group offer a market leading referral scheme of up to £350* so if you know of someone who may also be looking for an exciting career opportunity, ask them to email their CV to Matt Byrne Fraser on remembering to include your details as well. 

*T’s & C’s apply.