Fixed Assets Finance Manager

Financial responsibility:

People responsibility: Autonomy:

circa £7billion (accounting for Fixed assets)

4 Direct reports

This role will have the autonomy to decide how the team operates, resources are deployed and how work gets done, within the parameters of our client's overarching values, policies and controls.Key Accountability's:

Reporting & Analysis

* Manage all administrative and accounting activities relating to our client's fixed asset

register and balance sheet disclosure, including input into the annual financial

statements as part of our client's annual report. Other reporting submissions including

the office for national statistics (ONS) returns, and input into housing regulator

returns as applicable.

* Accountable for ensuring the fixed asset register is kept up to date, reconciled and

compliant with our client's capitalisation policy.

* Lead regular reviews of the fixed asset portfolio to identify indicators of impairment

and provide the annual impairment review summary for external audit review.

* Manage the annual external audit process for fixed assets working with the Head

of Financial Accounting to ensure timely audit sign-off.

* Proactively liaise with senior stakeholders including executive board and senior

Directors across directorate teams and their Finance leads (e.g. development &

sales, customer, enabling services) to offer technical capital accounting advice and

influence, to ensure key operational and project activities are structured efficiently

and conform to latest accounting standards and regulations.

* Take ownership of identifying opportunities for process optimisation, automation,

and best practice implementation within your area of control, and lead and

champion initiatives to drive continuous improvement in financial processes and

systems, enhancing efficiency and accuracy.

Accounting & Compliance

* Proactively develop and refine comprehensive capitalisation policies,

ensuring ongoing adherence to latest accounting standards (FRS 102/SORP) and

other regulatory requirements. This includes providing advice and guidance on

fixed asset accounting practices, aligning legacy approaches to one approach.

* Work with the Financial Control manager, develop and maintain a robust financial

control framework for fixed assets across all legal entities, ensuring financial

integrity for the balance sheet, aligned with industry best practices and

regulatory requirements, including reconciliation and appropriate follow up of

balance sheet transactions.

* Produce annual, quarterly, monthly fixed asset summaries for statutory, regulatory

and other external reporting needs for each of the legal entities.

* Ultimate accountability for the ongoing administration surrounding the fixed asset

ledger during the year / month end process, ensuring that appropriate controls are

in place and adhered to.

* Liaise with other finance and non-finance teams to ensure fixed asset accounting

decisions are taken with due regard to the tax and accounting requirements and

implications.

* Serve as the primary point of contact for fixed assets for external auditors during

the annual audit process, providing necessary documentation, explanations, and

support to facilitate a smooth audit.

* Proactively assess the impact of regulatory changes on financial reporting and fixed asset accounting policies, making necessary adjustments to maintain compliance.

Leadership

* Lead the Fixed Asset team with a focus on articulating a clear vision, providing

direction, and fostering a culture of accountability, high performance, and continuous

improvement.

* Allocate resources efficiently and effectively within the team, managing workload and

priorities.

* Ensure oversight of relevant systems, processes, policies, and resources to ensure that

the Fixed Asset team provide professional, reliable, and responsive services to the

business.