Corporate Accountant (Capital)

Role Brief

To provide the council, its members and officers with the necessary financial advice and information necessary to enable them to carry out their duties and responsibilities.

To provide the technical input required to ensure that the council fulfils its responsibilities under IFRS Code and Accounts & Audit Regulations.

To lead on capital monitoring, capital closedown and the related financial statements/notes for the Statement of Accounts.

To ensure system controls and reconciliations are performed.

To provide Capital advisory service to the council.

Specific Responsibilities include:

1. Lead on asset and capital bids/budget setting and expenditure accounting.
2. Provide capital information as required for the inclusion in corporate documents such as the Corporate Plan and the Council Tax Billing information and for publication on the Council’s web pages.
3. Keep the Council’s Capital Strategy up to date on annual basis.
4. Produce the Capital Prudential Indicators for inclusion within the Treasury Management Strategy Report.
5. Lead on Capital Budget Monitoring and report to cabinet.
6. Monitor Capital receipts, Grants, CIL and S106 funding to finance capital programmes.
7. Provide accurate and timely information on all capital works including projects and liaise with development/property teams to monitor costs vs budget on capital works including cashflows-related matters.
8. Support the development of the Council’s rolling Capital Programme for all capital projects. Liaising with officers across the Council to compile bid and funding information for Capital review board, Senior management Board and Members.
9. Responsible for facilitating and provide reports including forecast to Capital Review Board.
10. Lead on the management of Fixed Assets Register, calculation of annual depreciation charges, valuations of Properties.
11. Produce the final accounts for Capital (PPE, Revaluation Reserves, Capital Adjustment Accounts, CFR and MRP calculations) in accordance with International Accounting Standards and the CIPFA Code of Practice, including preparing the various notes to the accounts for these areas.
12. Preparation of audit working papers to provide sufficient evidence of compliance as required by the Council’s external auditors to obtain an unqualified opinion on the accounts in accordance within agree and approved timescales.
13. Address internal and external audit queries related to Capital accounts
14. Assist in co-ordinating the whole final account process and publication of various documents in accordance with statutory deadlines.
15. Maintaining and preparation of capital and component accounts feeding into annual statutory accounts within agreed deadlines
16. Complete government returns in relation to the capital activities of the Council as required including the annual Capital Estimate and Capital Outturn Forms and the Quarterly Capital Expenditure Returns in accordance with published timetables
17. Ensure adequate research is undertaken to demonstrate that the Council follows best practice and achieves best value for money in its use of resources.
18. Attend meetings of officers and member, as required, to provide on technical, routine and ad-hoc finance matters to ensure they are fully appraised when making decisions.
19. Co-ordinate quality training for finance and non-financial officers and members to specified subjects and timetable
20. Maintain, update and control the Capital Fund cost coding structure and those balance sheet codes relating to the capital entries of the Council’s financial statements within the Council’s General Ledger.
21. Produce the Asset Rental Estimates for the whole Council.
22. Undertake the authorisation of weekly payment runs, monthly payroll runs, daily submission signing of BACS submission files and authorisation of adhoc payments via the online banking system as required.