Pension Accountant

Client

Local Authority in Havering

Job Title

Pension Accountant

Pay Rate

£550 Daily UMBRELLA

Hours

36 Hours a week(Mon-Fri)

Duration

Initial 3 Month Contract

Location

Fully Remote-Sporadic Office attendance for meetings

Description

Purpose of Role:

To undertake all accounting for the Pension Fund (PF) complying with statutory requirements and provide support for the treasury management function.
To ensure that senior managers and members receive correct and consistent financial advice in relation to pension fund accounting and investment decisions, financial frameworks, policies and legislation.
Reference to pensions in this document relates specifically to the Local Government and Pensions Scheme (LGPS).
The post-holder has responsibility for finance activity as it relates to the LGPS and Treasury. Prepare PF accounts and Annual report in line with regulation and Council policy. Provide budget information as requiredDuties and Responsibilities:

>To support the Pensions and Treasury service and to deliver a cost effective, efficient and professional service to customers.

>All reconciliations of relevant accounts of the PF including the PF bank account are accurate and completed on a timely basis.

>Cash flow, budgets and risk management information of the PF's expenditure and income streams have been prepared on a timely basis.

>PF Accounts have been prepared that meet all accounting and statutory requirements and in accordance with corporate requirements.

>Satisfactory contribution to the production of the PF Annual Report and Climate report.

>Helped deliver to a satisfactory extent the wider aspects of the closure of accounts process ensuring relevant guidance and legislation are adhered to.

>All audit (internal and external) queries have been expedited on a timely and adequate basis.

>Supported the production of reports to members, senior stakeholders, the Pension Committees and Pensions Boards.

Qualifications

·CIPFA or equivalent qualified accountant or relevant knowledge gained through experience in Local Government finance preferably LGPS finance.

Experience

· The post-holder must have Local Government Finance experience in the production of financial accounts. Candidates that can demonstrate experience of producing LGPS Pension Fund accounts, supporting a committee, managing staff and large contracts are preferred

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