Fixed Asset and Capital Accounting Manager

Sovereign Housing Association, Basingstoke, Hampshire

Fixed Asset and Capital Accounting Manager

Salary not available. View on company website.

Sovereign Housing Association, Basingstoke, Hampshire

  • Full time
  • Permanent
  • Remote working

Posted 4 days ago, 17 Dec | Get your application in now to be included in the first week's applications.

Closing date: Closing date not specified

job Ref: 6cdafd06a1ba47d4becc9323ec241cac

Full Job Description

Reporting into our Group Financial Controller, you'll manage a team of 4 direct reports. Alongside ensuring the smooth operation of the fixed asset register, you'll lead the ongoing development and execution of SNG's capitalisation policy, ensuring strict adherence to the latest accounting standards (FRS102, SORP) and industry best practice. Responsibilities include:

  • Managing the team responsible for all administrative and accounting activities relating to SNG's fixed asset register and balance sheet disclosure, including inputting to the annual financial statements and other submissions for ONS and the housing regulator
  • Managing the annual external audit process for fixed assets working with the Head of Financial Accounting to ensure timely audit sign-off
  • Proactively liaising with senior stakeholders including executive board and senior Directors across SNG and their Finance leads to offer technical capital accounting advice and influence
  • Developing and refining comprehensive capitalisation policies for SNG, ensuring ongoing adherence to latest accounting standards (FRS 102/SORP) and other regulatory requirements
  • Working with the Financial Control manager to develop and maintain a robust financial control framework for fixed assets across all SNG's legal entities, ensuring financial integrity for SNG's balance sheet
  • Producing annual, quarterly, monthly fixed asset summaries for statutory, regulatory and other external reporting needs for each of SNG's legal entities
  • Leading 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

    You'll be a Qualified Accountant (ACA, ACCA, CIMA) with demonstrable experience in a similar senior accounting role within fixed assets or capital accounting. You'll have experience from within the Housing or Property sectors, or from within a large commercial organisation with a comprehensive fixed asset register.
  • To be successful in this role you'll need to demonstrate a blend of astute leadership, and comprehensive technical accounting proficiency, together with the ability to articulate complex financial concepts clearly with stakeholders across all levels of the organisation. You'll have:
  • Extensive knowledge of relevant legislation e.g. FRS102, Housing SORP and wider financial accounting standards (IFRS)
  • Strong, clear working knowledge of processes and controls surrounding fixed asset accounting, financial statements, including detailed report writing and analysis
  • Familiarity with enterprise resource planning (ERP) systems such as Agresso/Unit 4, Sun, or similar accounting/ERP systems
  • Experience in leading and participating in large-scale finance transformation projects, including system implementations, process improvements, and data migration initiatives
  • Demonstrable experience in developing and leading a team of qualified and part-qualified accountants in a dynamic and evolving environment
  • Strong stakeholder management skills, with clear communication skills

    Are you experienced in leading a Fixed Asset accounting team?
  • We have a fantastic opportunity to join Sovereign Network Group in this new role as Fixed Asset and Capital Accounting Manager. You'll lead the fixed asset team responsible for SNG's fixed asset register for housing, investment and other fixed assets (c.£7bn), providing associated accounting and regulatory information. Based from our head office in Basingstoke, you'll combine office and home working to ensure a positive work/life balance. There may be some travel as required to our offices in Wembley. It's a really exciting time to join us as Sovereign have joined forces with Network Homes to form SNG (Sovereign Network Group). Together we provide over 84,000 homes and invest in communities across London and the South of England - our purpose being to provide quality affordable homes and places that people love for generations.

  • £450 yearly flexible benefit pot to use against benefits of your choice
  • 25 Days Holiday + Bank Holidays (with an extra day every year up to 30 days)
  • Chance to buy or sell holiday as part of our flexible benefits package
  • Generous matched pension scheme up to 12% and Life cover at 4x salary
  • Options for private medical insurance, dental insurance and critical illness cover
  • Wellbeing discounts, including Gym Memberships and access to a 24/7 virtual GP service

Relevant jobs