Capital Financial Accountant

Salary: £37,841 per annum 

Band: UKRI Band D
Contract Type: Open ended
Hours: Full-time (Flexible working available)
Location: Rutherford Appleton Laboratory, Didcot- Hybrid working available

Closing Date: 4th January 2026
 

About the role 
 

Responsible for the oversight and management of the STFC Fixed Asset Register ensuring Fixed Assets and AuC Capital Projects are accounted for and controlled on a day to day basis in accordance with IFRS/FReM and UKRI Policy. 

Fixed Asset balances represent a significant part of STFC's Statement of Financial Position. A properly maintained and accurate Fixed Asset Register is required to ensure the NAO do not qualify UKRI Statutory Accounts; Capital Projects also need to be managed to ensure that forecasting(out-turn) processes are robust and so cause no material impact at year end. In March 2023 STFC had 12,000 Fixed Assets valued at £2.70B (gross) £1.22B(net) and a further £71M of Assets Under Construction across 180 Capital Projects.

Key areas of accountability:

Leadership / teamwork / collaboration

• Effective and active contributor to the team, where appropriate makes proactive suggestions to improve ways of working and coordinates with other teams within UKRI.
• Build & maintain good working relationships with colleagues & business partners and provide input where needed to assist in the resolution of queries, & to share findings.
• Deals effectively with challenging situations and consults at a higher level when necessary.
• Adaptable and flexible approach to work; able to effectively multi-task

Your Responsibilities

• Working with Management Accountants and Project Managers to ensure that Capital Projects are set up and accounted for correctly, and Fixed Assets are created in a timely manner.

• Reconciling large data sets between Oracle PA and Oracle GL modules on a project by project basis.

• Allocation of costs to individual assets.

• Ensure Fixed Asset capitalisation and disposals are in accordance with UKRI policies and International Financial Reporting Standards. 

• Using experience and judgement to determine appropriate level of asset componentization/aggregation.

• Using experience and judgement to review transactions for non-capital costs.

• Using experience and judgement and working with Asset Holders to ensure individual assets are not held at values above their recoverable amount (fair value/value in use).

• To review the impairment or disposal of assets.

• The development, implementation & communication of FA related policies, procedures, and systems.

• Ensure adequate internal controls.

• Liaison with NAO and GIAA.

Person Specification

The below criteria will be scored during Shortlisting (S), Interview (I) or both (S&I).

Essential

• CCAB part-qualified or significant experience in working with capital project accounting. (S)
• Previous experience working in a finance environment and dealing with tight deadlines. (S/I)
• Experience in the creation and management of Fixed Assets and large Capital Projects. (S/I)
• Ability and experience of presenting and explaining financial information to non-financial staff. 
• Experience of external audits, providing audit data and liaison with auditors. (S/I)
• Ability to prioritise work and meet tight timescales and adapt to regularly changing priorities. (S/I)
• Good understanding of financial accounts preparation and accounting principles. (S/I)
• Able to establish effective working relationships with c