Assistant Management Accountant
Closing Date: Fri 17 January, 17:00 GMT 2025
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Applications
Please apply online, or alternatively, download the application form in Word and email it to hr@watershed.co.uk.
Do get in touch if you would like any of this information, or wish to apply, in another format.
Please do not include your CV as it will not be considered. Please put all relevant information on your application form.
Before you apply
Watershed's first value is Inclusive – We listen to and learn from our community, creating equity and addressing harm where it occurs. The information below lays out some of the steps we are taking to create a more inclusive recruitment process. Many of these steps are new to us, so feedback and questions are very welcome.
You may not have worked in a cultural organisation before, or in an organisation like Watershed. Please still consider applying as many other sectors offer transferable contexts.
If you are from a background that is underrepresented in the culture sector - for example you are from a community that experiences racism or you are a disabled person (as defined by the Equalities Act 2010), or you did not go to University or had free school meals as a child - and you would like support to articulate how your experience is transferable to this role, you can book time with us to discuss it. We will ensure the person you meet is not involved in the recruitment process. Please request this by emailing hr@watershed.co.uk (we will not ask you to disclose your background).
We believe our work will be stronger with greater diversity and welcome applications from those who bring balance to our team. Watershed welcomes the whole person to work, and we understand that each of us brings our experiences, our backgrounds and our own unique lens to what we do. Supporting our staff means they are not appointed to represent specific groups or organisations.
Job description
- Position
- Assistant Management Accountant
- Salary
- £33,408 per annum
- Hours
- Full time
- Contract type
- Permanent
Purpose of job
Watershed comprises three companies, Watershed Arts Trust Ltd and its two wholly owned subsidiaries Watershed Trading and Watershed Ventures CIC.
As Assistant Management Accountant you will work effectively as part of the Finance team to ensure the accurate and timely production of monitoring, accounting, and reporting information (including monthly management accounts) for Watershed Trading Ltd.
Main responsibilities
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Timely preparation of monthly management accounts for Watershed Trading Ltd to include:
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the reconciliation of balance sheet control accounts including maintaining the fixed asset register and calculation of charges for depreciation
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review of payroll information and control accounts, ensuring that accounts are reconciled, and issues flagged to the Finance Manager in a timely manner
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preparation and posting of accruals and prepayments
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assessing accuracy of financial information and highlighting areas requiring further investigation
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Assist as necessary with the preparation of year end accounts for Watershed group of companies
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Review of the sales and purchase ledgers and month end close timetable, ensuring accurate and timely transaction processing
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Work closely with the Director of Trading to develop and provide reports, monitoring, and variance analysis identifying anomalies or trends against budgets and reforecasts as appropriate
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Work with the wider Café & Bar, and Events Management team to provide financial management support.
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Represent the Finance Department at working group meetings relating to organisation wide financial systems and processes such as carbon working group, PCI-DSS, Health and Safety and Procurement.
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Contribute to Finance Department systems and processes development relating to the flow of financial information to and from all other departments within the organisation
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Provide support and cover for the Finance Assistant as required during busy periods, periods of absence, or as directed by the Finance Manager
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Assist with the preparation of documents and information to support external auditors or other reporting requirements
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Active collaboration in Finance Team meetings, proactively offering suggestions to support activities and specialist finance projects that require input knowledge or expertise gained in the organisation
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Day to day supervision of the Finance Assistant as required as additional support for the Finance Manager
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Undertake tasks as directed by the Finance Manager for Watershed Trust; to include development of reporting packs, reporting and monitoring project and grants, meeting with grant/budget holders as appropriate, finance analytics or other activities as appropriate
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Liaison with external third-party stakeholders that includes and is not limited to customers, suppliers, auditors, payroll bureau
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Established role as a super user of financial accounting software and Yooz and subsequent systems to support the staff in the Finance Department supporting the development of process notes, flowcharts, reporting information
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Any other Duties, which may be reasonably required of the post holder that may also include support in specific areas of the management reporting of Watershed Trust
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Counting cash and completing of Trading daily takings (cash ups sheets) and performing weekly Trading bank reconciliations
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Exporting and analysis of data from Priava to Sage
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Gathering data for carbon footprint reporting
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Trading credit control on a weekly basis.
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Assist for cash flows as per required by Finance Manager
Key performance indicators
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Preparation of month end accounts, returns & reports as required, accurately and on time to agreed timescales
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Preparation of reporting information or detailed analysis as directed by the Finance Manager as required
- Provide support and input in the development and implementation of the month end close process
- Collaborates with other departments to ensure effective, efficient and accurate departmental recording of primary financial information generated within the organisation
- Ability to work independently to check financial transactions, to identify and remedy errors where possible, seeking further support from the Finance team where necessary
- Monitoring and reviewing variances against budgets or re-forecasts, highlighting items of concern where material to the Finance Manager and write monthly commentary on P&L variance analysis.
- Works effectively with others in the organisation
Essential criteria
- AAT part qualified, qualified or relevant experience to AAT level
- Able to demonstrate a good understanding of accounting practice in general including an understanding of VAT practice
- Experience of specialist computerised accounts systems e.g. SAGE and a working knowledge of MS Office that includes data sharing applications, spreadsheets, and word processing software packages
- Thorough, accurate and methodical approach to work, with an ability to work flexibly to meet deadlines
- Ability to deal with team members at all levels and working collaboratively across the Finance department, with demonstrable communication skills and ability to identify internal and external stakeholders
Application process
Closing date:
We will be conducting short interviews with all applicants who meet the essential criteria. A shortlist will then be invited to a longer second interview.
First round interview / presentation (if relevant): -
Second round interview: -
Working at Watershed
Find out more about staff benefits, our values and more about our approach.
Access
Watershed will work with candidates to ensure their access needs are met during the interview process and will ensure access requirements are not a factor in decision making.
Equal opportunities monitoring
We are striving to understand more about who applies to work with us. At the end of the application process we invite you to complete our anonymous equal opportunities monitoring form, which will not be shared with anyone involved in the recruitment process.
Opening hours
At full operation, Watershed is open seven days a week, including Bank Holidays (Christmas Day and Boxing Day are the only exceptions). Watershed is a public building, which operates a diverse range of cultural and commercial activities. The post holder will need to be comfortable working in this environment.
Watershed Values
As a registered charity and social enterprise, Watershed has well-established brand values. We seek to apply our values in everything we do and ask staff, partners, suppliers and collaborators to do the same.
Our values are:
- Inclusive We listen to and learn from our community, creating equity and addressing harm where it occurs
- Transparent We share our approach openly and clearly, working at a pace which enables everyone to participate who wishes to
- Responsible We use our resources generously and sustainably, considering our impact on future generations
- Kind We are careful and caring with ourselves and with others
- Hopeful We celebrate culture, creativity and wonder as paths to a better future
Watershed is a Social Enterprise Mark holder. Social Enterprises are businesses whose products and services create both social and environmental benefits.
Closing Date: Fri 17 January, 17:00 GMT 2025