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United Kingdom (UK) 🛡️ UK Work Eligibility 💼 Self-employed
The Commonwealth - Assistant Financial Accountant
The Commonwealth ✓ Verified Employer

Assistant Financial Accountant

📍 London, England 🕒 1 day ago
Verified Base Compensation
£49,717 - £49,717 / year
£4,143 - £4,143 / mo Apply Now →
Official Specifications

Role Overview & Mandate

Executive Summary

Salary: £49,717 pa + benefits Location:...

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Salary:
£49,717 pa + benefits
Location:
London SW1, Pall Mall
Closing date:
23 March 2023, 05:00 PM

We have an excellent opportunity for an Assistant Financial Accountant, to work within the Finance & Management Information Section of the Corporate Business Division of the Commonwealth Secretariat.

The Finance and Management Information Section (FMIS) forms part of the Corporate Business Division, which has responsibility for a wide range of corporate services in the Commonwealth Secretariat. FMIS has overall responsibility for the financial management of the Commonwealth Secretariat’s annual budget of approximately £40 million.

The Secretariat’s Funds include the Commonwealth Secretariat, the Commonwealth Fund for Technical Cooperation and the Commonwealth Youth Programme as well as the New York Joint Office and Commonwealth Small States Office in Geneva.

The successful candidate will support the Financial Accountant in developing and maintaining the quality and accuracy of financial accounting information for the Secretariat. Other key responsibilities include monthly reconciliations for all balance sheet accounts, assisting the Financial Accountant in the preparation for the annual external audit of the financial statements and ensuring adherence to policies and procedures. S/he will also be responsible for the day-to-day Treasury management function.

To be considered, you will need a degree in finance, business administration or a related finance discipline or CIMA/ ACA/ ACCA qualified, or part-qualified and actively undertaking professional studies. You will also need 5 years’ experience in a similar accounting position; good experience in preparing balance sheet reconciliations as well as preparation of month end and audited Financial statements; and good experience of fixed asset accounting.

Experience of working with Treasury management and foreign banks including bank reconciliations is also a requirement. Ideally you will have working knowledge of IPSAS, and CODA financials or similar accounting package. This is a customer-focused role which requires the ability to work in a flexible environment, and the ability to organise your own workload whilst maintaining high levels of accuracy and attention to detail.

Please refer to the Job Description for full details about the role.

Please apply by submitting a CV and cover letter. Covering letters should be structured to address the key criteria required in the person specification, giving clear examples.

The Commonwealth is a voluntary association of 56 member governments and provides guidance on policy making, technical assistance and advisory services to Commonwealth member countries. We support governments to help achieve sustainable, inclusive and equitable development.

To join us, you must be a citizen of a Commonwealth country.

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Compensation Analytics

Estimated Take-Home Pay

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Projected statutory deductions based on standard single-filer baseline tax regulations in the United Kingdom corridor.

Gross Annual Package £49,717 - £49,717
Est. Income Tax Band 20% Basic Rate Band
Statutory Insurance / FICA 8% Class 1 National Insurance (NI)
Estimated Monthly Net £3,314 - £3,232 / mo
Regional Economics

Cost of Living (London, England)

Bureau Data
Est. Rent (1-Bed)
£1,100 - £1,750
Monthly Utilities
£140 - £210
Cost Index
112.5
Disposable Tier
Top 15% Rank
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Compliance Standards

Work Authorization Framework

Verified Status: UK Work Eligibility
Corridor: UK Employment Corridor
🛡️ Zero Fee: Direct corporate recruitment with zero placement charges.

Candidate Selection Pipeline

Direct Corridor Track
01
Direct Apply

Submit verified credentials & CV.

02
HR Screening

2-4 day credential verification.

03
Technical Panel

In-depth domain & team interview.

04
Official Offer

Corridor contract & relocation.

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