Torbay Council
Principal Accountant - Capital - 12 Hours

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Application Deadline: 5 July 2026 Department: Finance Location: Torbay Council Compensation: £47,181 - £50,269 / year
Description
Job Description & Person Specification >
There has never been a better time to join our Finance team at Torbay Council. We have a real momentum building with a shared sense of purpose and ambition.
An exciting opportunity has arisen within the Corporate Finance service team for a part-time Principal Accountant - Capital. This is a integral role within our Capital & Treasury function, supporting the delivery of effective financial management, accounting, and governance of the Council’s capital programme.
The role includes, but is not limited to: To lead and deliver the capital closedown process, ensuring accurate year end entries, statutory disclosures, and audit ready working papers; To ensure the capital programme and fixed asset register are accurate, are compliant with approvals and accounting regulations; To support the external audit process while contributing to the Council’s broader financial governance framework; To ensure the timely and accurate completion for statutory and other financial data returns; and To maintain accurate, compliant capital and asset accounting records. You will be part of a supportive, experienced team and you will be able to access excellent learning and development opportunities to support you in your role and personal development. We have a whole host of benefits such as flexible office based or hybrid working, a commitment to your wellbeing and the Local Government Scheme.
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When completing the application, please refer to the Personal Specification part of the Job Description detailing examples of how you meet the essential criteria required.
If you are viewing this advert on a job board, you can access the full job description by placing the below URL into your browser: https://www.torbay.gov.uk/jobs/job-descriptions/principal-accountant-capital/
For an informal chat please contact Andrew Sherry on 01803 201201 or andrew.sherry@torbay.gov.uk.
Interviews are expected to be conducted during the week commencing
This role is not eligible for visa sponsorship.
Our adverts do sometimes close early - even where there's a published deadline - so if you're keen, please apply as soon as possible.
Skills
Essential: Excellent analytical and interpretation skills to research and summarise findings, to identify and recommend solutions to complex problems. Ability to manage and motivate staff to ensure key objective and targets are met. Ability to find creative solutions to ensure that the Council meets its priorities and statutory requirements. Strong organisational skills to manage workloads and to respond to priorities in a busy working environment. Excellent written and oral communication skills and ability to communicate effectively with members of other organisations and staff at all levels.


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Knowledge
Essential: Comprehensive understanding of local authority accounting, particularly capital accounting requirements. Knowledge of the CIPFA Code of Practice on Local Authority Accounting and the Local Authority Accounting (England) Regulations. Understanding of capital financing methods, including borrowing, capital receipts, grants, contributions, and revenue/reserve funding.
Experience & Qualifications
Essential: Fully qualified CCAB accountant and member of one of the major accounting bodies. Significant experience of working within a local government or wider public sector finance environment, with a solid understanding of public sector accounting frameworks. Experience of capital accounting, including capital expenditure classification, capitalisation rules, valuations, depreciation, impairments, and disposals. Experience of preparing or contributing to the annual Statement of Accounts, specifically the capital and fixed asset sections. Experience of leading or supporting the year-end capital closedown process.
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