Job Description

We are looking for someone who is AAT qualified Accounting Technician, studying towards a higher level accounting qualification or qualified by experienced from double entry book keeping through to preparation of financial statements.
You must be organized, positive, motivated with excellent Excel skills!

This is a fantastic opportunity for someone who wants to progress their career within Pensions within a FTSE 100 company!

Key responsibilities include:

Statutory Accounts

Prepare the annual statutory accounts in respect of the 2013NGPP and NGPP, including all supporting documents and reconciliations, in accordance with financial reporting standards and statutory deadlines. Assist the scheme auditors in the audit of those statements.

Prepare a summary version of the Annual Report & Accounts for distribution amongst members of the scheme.

Management Accounts

Prepare the quarterly management accounts (Fund Account and Net Assets Statement) for both plans, in accordance with internal timescales including preparation and posting of cashbook reconciliations, accruals and prepayments, valuation of assets and other journals as required.

Audit & Risk Committee

To attend the Audit & Risk Committee meeting to present the accounts as necessary.

Banking & Payments processing

Process all payments as requested by the administration and management team in accordance with agreed authorization mandates and internal timetables. Ensure sufficient levels of cash are available within the current accounts on a monthly basis to ensure all payments can be settled without delay, by maintaining a weekly short term cash flow forecast.

Contributions Reconciliation

Perform a full reconciliation of all contributions for all pension schemes on a monthly basis, including DB, DC, MPTU and AE. Agree contributions with HO Payroll department and Group Finance. Perform tolerance tests and sample testing for MPTU contributions.

Send DC contributions to Third Party Administrator (Capita) for processing. Reconcile payments once received.

MPTU Unit Reconciliation

Ensure that the MPTU funds are reconciled after each transaction and that the transaction funds are sent/received correctly.

DC Transactions Processing

Process monthly reconciliation and posting of the DC scheme entries using financial reports received from Capita. Liaise with Capita to resolve issues and to ensure that all transactions are correctly accounted for.

Long term Cash flow forecast

Preparation of the long term cash flow forecast for the scheme, including benefits payable for the life of the scheme and expenses.

Budgets & Forecasts

Prepare annual and biannual budgets and forecasts for scheme Administration expenditure, to feed into Group reporting.

Other duties

These include processing historic salary sacrifice refunds. Collating invoices, arranging authorization and passing for payment. Reviewing recharges from Next Plc and arranging payment. Preparing disinvestment of asset instructions as required. Any other regular or ad hoc financial analysis as required by the management team, Trustee or Company. To be the main point of contact for Inform (providers of Sun System accounting software). Preparation of scheme tax returns annually.

Required Knowledge, Skills, and Abilities

You need to be an AAT qualified Accounting Technician, studying towards a higher level accounting qualification or be qualified by experienced from double entry book keeping through to preparation of financial statements. You must have great attention to detail and be required to work to a high level of accuracy. Excellent Excel skills. You must have great organizational skills and be able to priorities your own workload, both in terms of self and as a part of the team to ensure deadlines are met and financial accounting is performed as accurately as possible and represents a true and fair view of the schemes transactions.