THE SALVATION ARMY UNITED KINGDOM TERRITORY Job Description Post Assistant Management Accountant (Central Trust) Reporting to Management Accountant (Central Trust) Purpose of post To support the Management Accountant in providing high quality & effective financial support to budget holders To maintain accounting records for the Salvation Army Common Investment Funds and other invested funds Dimensions Central Trust budget spend of c. £50m CIF investments of c. £102m Background The Salvation Army operates in the UK through two trusts: The Salvation Army Trust (Central Trust) and The Salvation Army Social Work Trust (Social Trust). The activities of Central Trust include almost 700 corps (church) and community centres offering a wide range of services to meet local needs. Budget expenditure for the Trust includes “head office” support functions such as IT, Property, Personnel, Fundraising, Finance, Finance and Internal Audit which serve both trusts and mission support for those churches which are not financially self supporting. Detailed budgets for corps are outside the remit of this role. The Common Investment Funds function as common investment schemes for the Central and Social Trusts. Both funds have professional fund managers This is a new post intended to strengthen the support to budget holders and improve the quality of management information. The key responsibilities are:Investments (approx 30%) Maintenance of all accounting records for Common Investment Funds (CIF1, CIF2) including monthly entries for all income, expenditure, investment purchases and sales from information provided by investment managers Calculate monthly income distributions to unit-holders and input those for the Central Trust into Agresso Arrange distribution of monthly income to unit-holders Calculate monthly market value of units and value of holders units held Arrange and record purchase or sale of Units, and liaison with Investment Manager and unit-holder Secretary to Investment Committee, including preparation of agenda, minutes, and circulation of all necessary correspondence to committee members Maintenance of all accounting records for all "Small Trusts" Management Accounts (approx 70%) Liaise with budget holders on day to day queries relating to their accounts Liaise with budget holders on variance reports Assist the Management Accountant in preparation of reports for senior management and boards Preparation and input of journal adjustments and month end accruals and prepayments Assist in the annual financial and business planning process including preparing budgets and forecasts in conjunction with budget holders Other Carry out other tasks that may be required from time to time by senior finance managers Provide cover for other team members during holidays and sickness Assist in preparing year end schedules Carry out investigations and ad hoc reports as required. Person Specification Numerate and literate including minimum of two good 'A' levels passes and GCSE Maths & English grade C or equivalent Part qualified CCAB accountant (minimum level AAT qualified or CCAB finalist) Good technical accounting skills IT literate with strong Excel skills and experience of other MS Office products Experience of sophisticated accounting systems, preferably Agresso Experience of production of management accounts and budgets Experience of accounting for investments Experience of working in a large finance department Strong oral and written communication skills Attention to detail and accuracy Able to work as part of a team Applicants must be in sympathy with the aims and objectives of The Salvation Army