Job description
Date: 19 May 2023
Location: London, GB
Company: Civil Aviation Authority
Salary: £45,000 to £49,275 dependant on experience
Contract Type: Permanent – Full Time
Location: Remote Working Available - UK wide candidates will be considered, though you will be required to be on site at the London office a minimum of one day a month
We are the UK's aviation regulator and recognised as a world leader in its field. Our activities are diverse, enabling the aviation industry to meet the highest safety standards, and we pride ourselves on our ability to adapt to the constantly evolving aviation environment.
The Role
To support the Finance & Treasury Manager in delivering weekly, monthly, and quarterly financial reporting and submission of tax returns for CAAPS, in addition to facilitating elements of the treasury function. The role also includes direct line management of the Accounts Technician role within the CAAPS Finance team.
Core Accountabilities
- Primary responsibility for managing, motivating, and developing the Accounts Technician and responsibility for reviewing their work
- Provide support in the preparation of the CAAPS Annual Report and Accounts.
- Liaising with external and internal auditors, ensuring they receive timely responses to complete their work in accordance with agreed terms of engagement and reference
- Production of the quarterly AVC reporting for inclusion in Member Services Committee meeting packs
- Completion of monthly asset allocation schedules and supporting reconciliations between the investment manager and custodian, identifying, and resolving any issues
- Reconciling monthly and quarterly investment performance reported by the investment managers and custodian for review from the Finance & Treasury Manager
- Review the quarterly ONS return produced by the Scheme Accountant ensuring it is submitted on a timely basis
- Review the quarterly VAT return ensuring it is submitted on time and any payments to or from HMRC are accurate
- Ensuring that weekly cash flow activity monitoring is completed by the Accounts Technician and responsibility for reviewing and resolving any issues that arise.
- Produce monthly cash flow forecasting projections for review by the Finance & Treasury Manager
- Responsibility for checking monthly contributions analytical reviews and investigating any issues identified
- Participate in the CAAPS Treasury function ensuring payments and transfers of cash are accurate and made in a timely manner. Responsibility for ensuring that all distributions into the Scheme from the investment managers are received and receipted into the custodian
About You
To be considered for the role you must have:
- Proven experience working in a pensions finance and/or pensions audit role
- Full understanding of business functions such as Finance, Treasury
- An ability to work to deadlines and organise own time with minimal supervision
- Excellent interpersonal skills and experience in managing others
- Aptitude in decision-making and problem-solving
- Must be able to exercise professional scepticism and possess a confidence to challenge advisers and suppliers
- Confident in analysing and interpreting large volumes of data
- Working knowledge of IT/business infrastructure and MS Office. Prior exposure to the Scheme’s accounting software Aviary Profund preferable
- Experience of operating a purchase ledger system is desirable
- Fully qualified accountant (ACA, ACCA etc) with some post qualification experience
What Can We Offer You?
This is an exciting opportunity to work for a large defined benefit pension scheme with assets of over £5bn under management. An organisation that is ambitious and continually strives to be best in class, you will be in an ideal setting to further expand and develop your pensions knowledge. The role will be a chance for you to actively contribute to the effective governance and finance function of the Scheme, in what is a collaborative environment. The role grants a high level of autonomy to enable the individual to best structure their time and make day-to-day decisions in order to successfully deliver for the Scheme.
Additional Information
For many appointments within the CAA, these roles require access to operationally sensitive infrastructure and/or Nationally Protected information. For these roles the post holders must undergo National Security Vetting and achieve the appropriate level of clearance.
To be vetted we will usually expect a reasonable period of residency in the UK so that meaningful checks can be undertaken. This needs to be 5 years for SC. If you do not meet these requirements, we will not be able to accept your application. For more information please visit - Vetting explained - GOV.UK (www.gov.uk)
The CAA values high ethical standards and personal integrity among employees. If invited for interview you will be asked to complete a declaration of interest.
Working With Us
We offer a range of excellent benefits such as flexible working arrangements, free onsite gym at Gatwick, discounted gym membership for London, 28 days annual leave, additional 5 days leave purchase scheme, a generous pension scheme and much more!
We are on a journey towards being increasingly adaptable, where our colleagues collaborate as part of cross-functional teams. This approach ensures we never stop learning together. It also means that you may become involved in activities that take you out of your day-to-day role, providing you with opportunities to develop and grow your career with us.
We have embraced hybrid working and offer flexible working patterns, being open to having a conversation about what works for you. We know where and when we work is important in achieving a work-life balance.
We are passionate about diversity and ensuring all are included at the CAA. We are an equal opportunity employer and actively encourage applications from candidates of all backgrounds. We use fair and inclusive selection approaches to hire the best person for the job based on merit alone.
As a member of the Disability Confident scheme, applicants who meet the minimum criteria for a role with us will be guaranteed an interview. If you require an adjustment for any reason, please let us know.
Our Values
Do The Right Thing, Never Stop Learning, Build Collaborative Relationships, Respect Everyone – For more information please Click Here
Closing Date: Friday 9th June 2023
Interview Date: 1st Stage W/C Monday 19th June 2023
2nd Stage Monday 26th June 2023 Only
We reserve the right to close this vacancy early if we receive sufficient applications for the role. Therefore, if you are interested, please submit your application as early as possible.
No recruitment agencies please.
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