Senior Financial Accountant - Fixed Asset Accounting
Driver and Vehicle Standards Agency
Apply before 11:55 pm on Sunday 13th October 2024
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About the job
Job summary
Are you an enthusiastic finance professional, who thrives in a constantly evolving environment?
Are you proactive, flexible and delivery focused?
Do you have experience of fixed asset accounting in a complex, multi-site organisation?
If so, this is an excellent opportunity to join a dynamic team and we'd love to hear from you!
As a Senior Financial Accountant (SFA) for the Driver and Vehicle Standards Agency (DVSA) you will be part of a specialist team that sits at the heart of the finance department. The team provides expert advice, support and challenge to DVSA managers, ensuring compliance with all statutory, regulatory and best practice accounting standards and requirements. We produce statutory reports and manage the balance sheet, as well as managing DVSA’s fees and providing decision support around product costing and fees.
Job description
Within the Financial Accounting team, the SFA – Fixed Asset Accountant will maintain governance and control over the fixed asset base of DVSA. This involves becoming the key point of expertise regarding DVSA’s fixed asset register, supporting and contributing to the DVSA’s capital strategy, ensuring compliance with IFRS and FReM, and producing regular monthly reports to Boards and the relevant elements of the Annual Report and Accounts.
The job holder is expected to participate across the full breadth of the team’s remit whilst specialising in Fixed Asset Accounting. The area of specialisation will be rotated through the team to encourage staff development. The individual will be expected to lead, motivate and manage staff on a rotational basis.
This is an exciting opportunity for an individual with good accounting standards and technical accounting skills. These skills will need to be displayed and applied daily to complete tasks. In addition, there will be the opportunity to meet and build lasting relationships with stakeholders at all grades as well as plenty of development opportunities to either learn or build on existing knowledge.
Responsibilities include, but are not limited to;
- Manage and maintain the fixed asset records of the organisation, specifically ensuring the fixed asset registers are up-to-date, accurate and fully understood.
- Manage and maintain the accounting for IFRS 16 leases, ensuring accurate registers of IFRS 16 leases are maintained, monthly IFRS 16 accounting entries are produced and reviewed, ensuring compliance with the standard.
- Act as partner to the business for all matters associated with assets, in particular capital investment decisions, impairment reviews and analysis of capital spend.
- Prepare Board level papers to support the governance of fixed assets (e.g. write downs, impairment reviews).
- Manage and reconcile the Agency’s revaluation reserve and general fund.
- Provide the necessary input and expertise to the reporting processes (including budget, forecasts and long-term forecasts) through provision of depreciation forecasts and other asset-related adjustments.
For more information about the role and responsibilities please see the attached candidate pack.
Person specification
To thrive in this role, you have excellent fixed asset accounting experience in a complex, multi-site organisation.
You have an analytical mind and are passionate about providing accurate and relevant information and have experience of financial control and successfully delivering month-end and year-end financial processes.
You have strong organisational skills with the ability to prioritise what can sometimes be a conflicting workload. You are a strong advocate for change and continuous improvement, recognising the benefits of promoting a change culture within the team.
You are a confident communicator and can deliver sophisticated financial concepts to a varied audience, both verbally and in writing. Building relationships comes naturally to you, helping you to craft and define new partnerships.
You have experience of working with IFRS, FReM or other statutory reporting frameworks and can demonstrate knowledge gained in the use of SAP or a similar financial system.
Additional Information
There is a need to travel on official business with overnight stays, on occasion. This is approximately two day trips a month, and overnight quarterly.
This role can be based in Birmingham, Bristol, Newcastle, Nottingham or Swansea, your presence at one of these locations will form part of the working arrangements agreed with you. We operate a hybrid working model giving you greater flexibility about where and when you work. Our expectation is that you will spend a minimum 60% of your time at your base location. Visits to other DVSA sites or work locations count towards this.
About Us
The Driver and Vehicle Standards Agency (DVSA) helps keep Britain moving, safely and sustainably.
We do this by helping people through a lifetime of safe and sustainable journeys, helping them keep their vehicles safe to drive, and protecting them from unsafe drivers and vehicles.
We’re working hard to:
- make roads safer.
- improve services for our customers.
- make road transport greener and healthier.
- harness the potential of technology and data.
- grow and level up the economy.
We’re committed to giving all our colleagues purpose, professionalism and pride in what we do. We work in supportive, diverse and inclusive teams where everyone is valued. You can grow, develop and progress, and make a real difference to society.
Visit the Department for Transport careers website to read more about the great opportunities and benefits of working at DVSA.
Qualifications
Behaviours
We'll assess you against these behaviours during the selection process:
- Communicating and Influencing
- Delivering at Pace
- Managing a Quality Service
We only ask for evidence of these behaviours on your application form:
- Managing a Quality Service
Benefits
- An environment with flexible working options where we encourage a great work-life balance.
- Generous Annual Leave - 25 days holiday, increasing by 1 each year of service, up to 30.
- 8 Bank Holidays plus an additional Privilege Day to mark the King’s birthday.
- Latest IT and Tech devices.
- A culture encouraging inclusion and diversity with a range of staff communities to support all our colleagues.
- Excellent learning and development tailored to your role including paid apprenticeships up to Masters level.
- Wide range of discounts schemes on high street names.
- Employee assistance program for health and wellbeing.
- Cycle to work scheme and Gym membership offers.
- For more information see visit our careers page
Things you need to know
Selection process details
How to Apply
As part of the application process you will be asked to provide a CV and Personal Statement. Further details around what this will entail are listed on the application form.
For your Personal Statement, please provide detailed evidence of the following:
- Your experience of working with IFRS, FReM or other statutory reporting frameworks.
- Your experience in the delivery of month-end and year-end financial processes.
- Your experience of fixed asset accounting in a complex, multi-site organisation (Fixed Asset Accountant).
Your Personal Statement will be limited to a maximum of 500 words.
In addition to the above, you will also be required to provide a 250 word behaviour statement on Managing a Quality Service.
The sift is due to take place between 14th - 18th October 2024.
Interviews are likely to be held from w/c 4th November 2024.
This interview could be conducted via a video interview, details of which will be provided to you should you be selected for interview.
We’ll try to meet the dates we’ve set out in the advert. But there may be occasions when these dates will change. We’ll give you plenty of notice of any important dates.
The selection process will be designed specifically for the role. As a result, your assessment will include:
- an interview and a presentation
If you would like to find out more about what it’s like to work for DVSA and how to apply, we will be holding virtual sessions to find out more. Please click here to secure your place at one of our upcoming events.
You’re encouraged to become familiar with the candidate pack as you may be assessed against any of the criteria recorded within.
The Department for Transport recruits using Success Profiles. For each role, we consider what you need to demonstrate to be successful.
This gives us the best possible chance of finding the right person for the job, drives up performance and improves diversity and inclusivity.
You can read more about Success Profiles here.
Reasonable Adjustments
As a Disability Confident Leader employer, we are committed to ensuring that the recruitment process is fair, accessible and allows all candidates to perform at their best. If a person with a visible or non-visible disability is substantially disadvantaged, we have a duty to make reasonable changes to our processes.
Complete the “Assistance required” section in the “Additional requirements” page of your application form to tell us what changes or help you might need during the recruitment process. For instance, you may need wheelchair access at an interview, or if you’re deaf, a Language Service Professional.
If you need a reasonable adjustment so that you can complete your application, you should contact Government Recruitment Service via dftrecruitment.grs@cabinetoffice.gov.uk as soon as possible before the closing date to discuss your needs.
Document Accessibility
If you are experiencing accessibility problems with any attachments on this advert, please contact the email address in the 'Contact point for applicants' section.
This job advert contains links to the DfT Careers website. Our website provides useful guidance and information that can support you during the application process. If you cannot access the information on our website for any reason, please email DRGComms@dft.gov.uk for assistance.
Further Information
For more information about how we hire, and for useful tips on submitting your application for this role, visit the How We Hire page of our DfT Careers website. You can find detailed information about the recruitment process and what to expect when applying for a role.
Pre-employment Checking
Applicants who are successful at interview will be, as part of pre-employment screening, subject to a check on the Internal Fraud Database (IFD). This check will provide information about employees who have been dismissed for fraud or dishonesty offences. This check also applies to employees who resign or otherwise leave before being dismissed for fraud or dishonesty had their employment continued. Any applicant’s details held on the IFD will be refused employment.
A candidate is not eligible to apply for a role within the Civil Service if the application is made within a 5-year period following a dismissal for carrying out internal fraud against government.
Feedback will only be provided if you attend an interview or assessment.
Security
Nationality requirements
Working for the Civil Service
We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles (opens in a new window).
Diversity and Inclusion
Apply and further information
Contact point for applicants
Job contact :
- Name : Ayah Al-Hassani
- Email : Ayah.Al-Hassani@dvsa.gov.uk
Recruitment team
- Email : dftrecruitment.grs@cabinetoffice.gov.uk
Further information
If you are not satisfied with the response you receive from the Department, you can contact the Civil Service Commission: Visit the Civil Service Commission website Here
