Management Accounting | Higher Executive Officer

Summary

Role summary

Management Accounting HEOs are responsible for routine month end activities, ensuring accuracy and providing insight, which support the team to produce financial reports, combined with engagement with Finance Business Partners and other stakeholders, adding value to reporting.

Typical Role Responsibilities

Management Accounting HEOs:

• are expected to undertake routine month-end activities in line with reporting timescales, reviewing and interpreting data to ensure accuracy of reporting and provide insight into the numbers.
• prepare financial reports for discrete areas of the business, and may support production of reports for larger areas.
• engage with Finance Business Partners and other stakeholders (which may include budget holders) to share information and add the value to financial reporting.
• may be responsible for preparing journals and uploading budgets and forecasts in more complex areas.
• build collaborative relationships with other finance colleagues to support the business.

Entry Route

Suitable for staff with the required skills and/or experience from within or outside Finance

Typical Qualifications

Recommended

• Level 4 qualification with AAT, CCAB or CIMA

Or

• Qualified with CCAB, CIMA or equivalent

Or

• Working towards qualification

And

• Some financial experience

Responsibilities

Tasks

• Ensure the integrity of transactions on financial systems, ensuring good controls and checks are in place to maintain accuracy

• Use the management reports to provide meaningful and insightful analysis for senior managers and decision makers

• Undertake all month end activities, including approving journals, budget profiling and accurate forecasting

• Provide explanations for significant changes in forecast and actuals; provide updates on issues and risks to senior managers

• Produce high quality reports and insightful management information for senior managers

• Build collaborative relationships with other finance colleagues to support the business.

Expectations

Behaviours

For details of Behaviours read the Success Profiles guidance on GOV.UK.

• Working Together

• Managing a Quality Service

• Delivering at Pace

• Communicating and Influencing

Interpersonal Skills

• Support Senior Management Accountant in delivery of outputs

• Develop collaborative relationships with key stakeholders across organisation e.g. Finance Business Partners, governance, customers

• Effective communication of financial data and collaboration with team members and management.

• Ability to effectively negotiate with stakeholders

Professional Skills

Key for skill level

A = Awareness

W = Working

P = Practitioner

E = Expert

To self-assess your skills, please visit the Skills Capture Tool. The tool celebrates your strengths, highlights areas for growth, and signposts relevant learning links.

Link >>> Skills Capture Tool

Qualifications

Recommended:

• Level 4 qualification with AAT, CCAB or CIMA

• Qualified with CCAB, CIMA or equivalent

• Working towards qualification

• Some financial experience

• Details of how to gain a finance qualification through an apprenticeship can be found here:

  • Apprenticeships on OneFinance
  • Apprenticeships on Civil Service Learning

Entry and Progression Routes

Entry Routes

Within Finance

This role may be suitable for individuals in the following roles:

• Management Accounting EO?
• Finance EOs/HEOs with the required numeracy and data analysis skills

From Outside Finance

This role may be suitable for EOs on promotion and HEOs with the required numeracy and data analysis skills, an interest in financial reporting and who are considering joining the Finance Function

Progression Routes

Staff in this role typically move into other HEO roles in Finance or progress to Management Accounting SEO or Financial Operations SEO roles.