Financial and Management Accountant

We are looking to recruit a Financial and Management Accountant- Commerical and Projects to join our team based in London. You will join us on a full-time, permanent basis, and in return, you will receive a competitive salary of £40,000 per annum.

The Royal Air Force Museum is a national museum, a Government non-departmental public body (NDPB) and a registered charity, with two sister sites at London and Midlands. Our purpose is to share the RAF story, past, present and future - using the stories of its people and our collections in order to engage, inform and inspire. Our Vision is to inspire everyone with the RAF story – the people who shape it and its place in our lives.

We have two public sites (London and Midlands) and a stored collection (Stafford). Our trading company and active fundraising supplement Grant in Aid which comes through the Ministry of Defence.

The Royal Air Force Museum is a Carbon Literate organisation and as such promotes Carbon Literacy.

Purpose of the Financial and Management Accountant role is to:

We are seeking to appoint a Financial and Management Accountant – Commercial and Projects for the Museum and its trading company (RAFMEL), as part of a small finance team. This is a varied role, encompassing a wide range of financial responsibilities, and the successful candidate will act as business partner to the RAFMEL commercial teams and Museum project leads, providing reporting and analysis to support decision-making, developing monthly performance reports to monitor progress and investigate variances, whilst also being responsible for day-to-day financial operations.

The successful candidate will be a qualified or part-qualified accountant with the ability to work independently and collaboratively with the small finance team and build relationships with non-finance heads of departments. You will be experienced in working to deadlines and have an attention for detail required to produce accurate first-time reports. Proficiency in Excel is essential and experience working with Sage200 is highly desirable.

Key responsibilities of our Financial and Management Accountant include:

• Taking responsibility for preparation and first review of monthly management accounts (including income and expenditure statement, balance sheet, cashflow statement, funds summary, 3 salary summary) and performance reports for RAFMEL, in an accurate and timely fashion, including any associated commentary and key performance indicators (KPI)
• Being responsible for accurate recording of all income and expenditure associated with RAFMEL and the Museum’s major projects
• Reconciliation of daily takings sheets reports from both sites and accurate monthly reporting of income by activity
• Preparation and posting of all journals for RAFMEL, such as accruals, prepayments deferred income, salaries and payroll, intercompany transactions
• Developing and providing performance reports to monitor progress, investigate variances and update forecasts for major projects for the Museum & RAFMEL as required, taking ownership of the processes required
• Identifying and agreeing performance indicators with senior managers for the Museum and establishing the processes for collecting the data
• Supporting coordination of formal Internal Audit reviews across the Museum and follow up on actions identified, working with the Director of Finance & Resources and Senior Leadership Team

What we are looking for in our Financial and Management Accountant:

• Full Accounting qualification (ACA, ACCA, CIMA or overseas equivalents) or part qualified
• Experience with Sage200 accounting and reporting
• Is open and inviting of the views of others and is confident in constructively challenging views and proposals
• Communicates in a straightforward manner, demonstrating respect and acting with integrity and impartiality
• Recognises scope of own authority for decision making and empowers team members to make appropriate decisions
• Articulates the Museum’s purpose and objectives and supports their team to see their role within it.
• Actively shares experience and knowledge with team and, where appropriate, the wider Museum to develop understanding and knowledge

Closing date for applications: 5th June 2024 at 12 noon

Interviews will take place on: 12th June 2024

If you think you have what it takes and want to be part of this exciting journey, please click apply now to be re-directed to our jobs page where you can access the application method and details for the Operations Site Manager role. Join us in delivering our purpose and achieving our vision, ensuring that the Royal Air Force’s story continues to enrich and inspire current and future generations. We would love to hear from you.