Financial Accountant (Endowments & Financial Accounting)

The Role and Department

The Financial Accountant (Endowment & Financial Accounting) is part of the Financial Transactional Services team which represents the larger part (50.6 FTE) of the Finance Department and includes the transactional processing and compliance functions including Financial Accounting, Capital Management, Treasury & Cash Management, Accounts Payable, Student Billing and Credit Control. The Financial Accountant (Endowment & Financial Accounting) is a key role within the FTS team and reports to the Senior Financial Accounting Manager.

The role is responsible for the management of Financial Accounting team which includes endowment planning, operating in line with the Treasury Policy, complex balance sheet reconciliations, production of subsidiary financial statements and building relationships with key stakeholders. The role will include identifying improvements and optimisation in Oracle Fusion and working cross functionally to drive efficiencies and collaboration.

The Financial Accountant will lead a team of 3 with 1 direct report and ensure the day-to-day operations take place efficiently and effectively to meet current service levels.

The role offers hybrid working with a minimum of 40% office based per week however may increase to meet business needs, eg month end, audit etc.

From early 2025 the base location for this role will change from our Durham City Centre site to our exciting new professional services hub based at Boldon House. Boldon House is situated on the outskirts of Durham near the Arnison Centre in Pity Me. Boldon House will bring a number of professional services teams together in a vibrant office environment which supports collaborative working and is designed to embrace hybrid working.

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