Interim Capital / Fixed Asset Accountant

PSD Group.
500.00 GBP Annual + GBP500 per day
My client is looking to recruit an experienced Capital / Fixed Asset Accountant with an advanced knowledge of Excel to oversee the recording of all housing property capital transactions from the inception of schemes to the completion of the original construction phase, including accounting for initial sales receipts. Also to oversee the maintenance of the Group's Fixed Asset Register. Component accounting knowledge a must together with housing experience.

Key Accountabilities include:
  • Ensure that the fixed asset register is brought up to date, componentised and ready for Audit. Thereafter kept up to date in terms of ensuring that all new assets and disposals are calculated correctly.
  • Oversee the operation of the Group's project ledger (or any replacement system),
  • Keep fully abreast of the progress of the development programme, including an understanding of the financial arrangements of the key schemes in the portfolio
  • Ensure that multi–tenure schemes are recorded accurately, with the costs correctly charged to each tenure and legal entity
  • Design, develop and ensure the ongoing maintenance of a system of reporting on actual to outturn costs and income for development schemes, including shared ownership schemes.
  • Ensure that a system is in operation for monitoring the receipts from the Regulator, other funding authorities and sales of property. To ensure that the Corporation's records and the Groups are in agreement.
  • Ensure that any development nominal ledger journals required are prepared within agreed timetables.
  • Review the journal entries for capitalisation of administrative costs and interest.
  • Ensure that, upon completion of projects: the project ledger is cleared out and the appropriate fixed asset records put in place and:
    • a report is prepared summarising the costs of the scheme against the original approved budget
    • a report is prepared for submission to the Regulator as part of the grant claim arrangements
  • Ensure that the Group's property depreciation is calculated correctly and that each asset has a record of the cumulative depreciation to date held on it.
  • Ensure that the capitalised reinvestment expenditure is correctly accounted for.

Responsible to: Assistant Finance Director – Financial Services

This role requires the following:
  • Full accountancy qualification (ACA, CA, ACCA. IPFA, CIMA)
  • Able to demonstrate strong technical excel skills
  • Experience in the social housing sector. (Preferred but not essential)
  • Confident verbal communicator both verbal and written coms
  • Strong attention to detail
  • Able to translate complex data into easily understandable outputs

Contact Mike Sefton, Consultant at psd Group