Financial Accounting Co-ordinator

Contract Duration: 6 Months

The Role and the Department

Capital accounting sits within the larger finance department reporting to the Senior Manager (Capital Management, Accounting & Reporting). The team has four members and is responsible for the accounting and reporting for the University’s diverse asset portfolio with a cost value in excess of £1b. This is a business facing role involving working with non-finance colleagues in other parts of the University as well as the wider finance team. The finance department has recently moved to the most recent version of Oracle Fusion and it is planned that the fixed asset module will move to this platform by the summer.

Perform capital accounting in accordance with University policy and procedure

• Undertake asset verifications, noting anything which may question the valuation or useful economic life of the asset.
• Analyse capital expenditure as required for a variety of stakeholders
• Analyse transactions by project in advance of capitalisation. Working with project managers to ensure costs are allocated to correct projects and closed down once completed.
• Answer queries and provide guidance on capital expenditure to stakeholders across the University
• Maintain the fixed assets register, capitalising expenditure as appropriate and maintaining additions and disposals
• Ensure depreciation is charged for all assets in line with University policy
• To analyse capital expenditure to budget and investigate variances with project managers
• To assist with the preparation of data for migration to the new Oracle Fusion
• To complete complex reconciliations of FA module to the general ledger
• To assist with cashflow analysis of capital expenditure and depreciation forecasts
• To assist with year end audit with external auditors as required
• To assist with annual statistical returns
• To attend and contribute at relevant committees and Department meetings

Any other duties required in the context of capital expenditure

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