Financial Accountant

Job Description

This is a broad and dynamic role, with a unique focus on finance systems and lottery draw processes. As a finance business partner, you will work closely with heads of department within your assigned portfolio to monitor, forecast and plan budgets, playing a key role in driving financial performance and informed decision-making.

Alongside this, you will take ownership of overseeing system enhancements, ensuring robust testing and integrity, and evaluating the impact of changes across the finance function. You'll also have the opportunity to support and continuously improve our prize and draw reconciliation processes, ensuring they run smoothly, accurately and efficiently.

Working closely with the Financial Controller and Finance Director, you will provide high-quality insights to support management reporting and strategic decisions. This role offers excellent exposure across the organisation and the change to make a significant contribution to the achievement to both the Finance team and wider Postcode Lottery objectives.

Key activities and responsibilities you will expect:

• The link between finance and the technology and product teams to understand relevant processes and lead process improvement
• Active member in group technology system improvement projects, consulting on the impact to the finance team’s ways of working and ensuring appropriate controls are in place
• Draw planning – Updating and re-forecasting of the draw planner and working with Marketing and Process departments to analyse any additional prizes available
• Liaising with the prize indemnity insurance providers to agree insurance requirements for each draw
• Draw reconciliation – Reconciling financial receipts to draw files to ensure a fully reconciled draw. Working with Process team internally and bank externally if required to investigate and resolve differences and issues arising. Updating draw report summary files and attending all pre- and post-draw meetings
• Building strong relationships with payment providers, ensuring we keep pace with technology advancements
• Responsible for forecasting and reporting of departmental expenditure to Management Accountant and Financial Controller
• Review of monthly payroll
• Maintain appropriate VAT treatment of all company processes and ownership of VAT return completion and filing
• Finance projects – Leading on various projects as well as providing ad-hoc project support when required
• Providing year end audit support