Financial Accountant

Job Reference: tbigc/TP/22857/234
Number of Positions: 1
Contract Type: Permanent/Full Time
Contract Details: Ongoing
Salary: £40,000-45,000
Closing Date: 04/03/2021
Job Category: Finance
Business Area / Division: Resources - Finance
Business Unit: United Kingdom
Location: London

Focus of the Role

The Tony Blair Institute (TBI) is a purpose-driven, not-for-profit organisation, with a mission to equip leaders to build open, prosperous and inclusive societies. We believe that politics done well has the power to transform lives. When governments work well, they are able to create economic and social change in a way that promotes fairness, social justice and opportunity. We are optimists, and we work relentlessly to support leaders and governments with the challenges they face: giving them practical solutions and actionable insights, that once implemented, can be transformative for their people.  

We do this within two connected divisions: 

 Government Advisory 

Our Advisory Practice works directly with political leaders and governments around the world to implement reforms that improve the lives of their citizens. It has both non-profit partners and a client base and its outputs cover a range of disciplines and projects across countries in Africa, the Middle East, Eastern Europe and South Asia. We are currently in a rapid expansion phase from c. 18 countries at present, to 30 by December 2022.

 

Policy Futures 

Our Policy Futures work encompasses three broad areas: 

·       Renewing the Centre: developing a bold and innovative domestic policy programme to help renew the centre ground of British politics; 

·       Tech and Public Policy: exploring the policy challenges and opportunities presented by the technological revolution; and 

·       Extremism Policy Unit: creating solutions designed to tackle the threat of extremist ideologies in the UK and around the world. 

 

As an organisation, the core beliefs we all embrace are: 

·       Open and Progressive: you’ll believe in the value of teamwork 

·       Bold and Pragmatic: you’ll approach everything you do with integrity and authenticity 

·       Optimistic Changemaker: you’ll be focused on results 

We are looking for a financial accountant within our finance team. You’ll be part of our wider Institute Resources Team incorporating Legal and Risk, Finance, IT, Ops & Security and People Team.  As a team we support the Institute to deliver its ambitious mission.

You’ll be the Finance lead for all aspects of statutory and donor funding audits at a time when our organisation is growing internationally at pace. We’re looking for someone with the core requirements for the role but we’ll also support you to learn, grow, and develop your experience in a highly agile environment.  You’ll produce  our financial statements and work closely with our media team ahead of their public release. You’ll manage our monthly income recognition and reconciliation processes.  You’ll be a key  team member contributing to cross-department meetings, and providing ad hoc support to both the finance and fundraising teams.

Key Responsibilities

  • Ensuring accuracy in audit preparation workings and Financial Statements
  • Managing the audit processes so that audits are completed on time and to budget
  • Ensuring the Statutory Financial Statements are completed, audited, signed and filed by deadline
  • Managing the income recognition process
  • Ensuring relevant balance sheet reconciliations are prepared each month
  • Producing consolidated Statutory Financial Statements, in collaboration with media / S&E team ahead of the publication
  • Building rapport with all stakeholders, especially external auditors, so that information is shared effectively and collaboratively.
  • Assisting the production of the tax accounts as well as tax returns, corporation tax and VAT and support with queries
  • Processing relevant sales invoices in the accounting system accurately and efficiently, in accordance with relevant TBI policies & KYC process; credit control and debtor analysis
  • Completing the capitalisation and depreciation of fixed assets
  • Balance sheet reconciliations (highlighting areas for discussion)
  • Providing responses to technical accounting questions as they arise, including supporting papers as necessary
  • Relevant external reporting (e.g. National Statistics)
  • Anticipate and mitigate any concerns or risks appropriately and escalate where necessary to senior management
  • Use specialist technical experience to make day-to-day decisions
  • Ability to challenge others if you perceive a transaction / document / decision to be incorrect or damaging to TBI
  • Proactively contribute to the implementation of best practice guidelines and methodology for Finance policies and processes
  • Identify areas for cross department / project collaboration
  • Be an ambassador by taking an active interest in the work that the Institute undertakes
  • Model & maintain TBI Core Beliefs, Applied Values and Committed Behaviours

Person Specification

The focus of this role is to take ownership for the audit cycle including the production and publication of the Statutory Financial Statements for TBI and its subsidiaries, along with management of institutional donor audits and income recognition.   The successful candidate will be able to demonstrate the majority of the following:

  • Skilled specialist with 2-3 years technical expertise or equivalent experience in financial accounting
  • Advanced understanding of internal Finance related policies and external best practice
  • Well versed with accounting standards and able to consider the impact to TBI’s financial policies and procedures
  • Audit experience in the NFP sector advantageous but not essential
  • Strong communicator, confident and clear in presenting financial information to Institute stakeholders
  • Work collaboratively with colleagues and perform other duties as reasonably required to achieve the goals of your team and the Institute.
  • Finalist level accountant (ACCA/ACA) preferable or ambition to pursue plus relevant technical experience
  • Ability to take ownership and manage own workflow, set goals and plan how to achieve them – translate objectives into actions and follow through to completion
  • Demonstrate discretion with sensitive information
  • Demonstrate the ability to prioritise against tight deadlines
  • A keen interest in our work as an Institute
  • Comfortable with the demands of organisational growth at pace, and a varied and at times unpredictable workload
  • Solution focused with a desire to share personal knowledge and learn from others to further personal development

 

About The Institute

TBI believes embracing diversity and inclusion make us a better place to work.  It’s our goal to reflect everyone in society and we actively welcome applications from individuals and groups who are under-represented in the workplace. We celebrate difference be it ethnicity, religion, age, gender or gender identity, sexual orientation or disability.

We will only ever assess you on your abilities and fit for a role. We’re happy to discuss any adjustments you need to ensure a level playing field during recruitment and, if you're successful, discuss any adjustments you might need to thrive in your role.