Financial Associate/Accountant

Financial Associate/Accountant needed!

Up to £50k base + bonus + benefits

The incumbent ensures that all operational tasks within the Finance function are completed accurately and within time. You will be expected to implement, maintain and adhere to documented policies and procedures. Needs Strong reporting, reconciliations, credit control, Regulatory Reporting , BAU and banking experience.

Key Duties and Responsibilities

• Support the Finance team regarding continuous improvement opportunities and also identify and implement effective solutions.
• Provide support to regulatory reporting when needed.
• Plan the timing of all supplier payments in a timely manner, whilst maximising efficient use of cash.
• Prepare mid-month P&L forecast for Group reporting.
• Prepare investment spend forecast.
• Assist the CFO in completing detailed annual budgets and rolling forecasts.

Reporting

• Assist the Head of Finance in preparing the monthly reporting pack, detailed backing schedules and variance analysis.
• Preparation of all Group reporting.
• Completion of quarterly VAT returns.
• Provide cover for the daily regulatory ratios and monthly/quarterly regulatory returns.
• Provide other analysis and reports as required by the CFO or Head of Finance.
• Assist in the preparation of the annual Statutory Financial Statements.
• Complete the annual Form P11D and PAYE Settlement Agreement (PSA).

Processes

• Ensure that all financial transactions are recorded accurately and completely: processing them into the Bank’s core banking system and all secondary accounting records.
• Maintain the cashbook and completing daily bank reconciliations of all accounts.
• Process and control of all supplier invoices, corporate credit cards and payments, ensuring accurate and complete entry into core banking system and all secondary accounting records.
• Satisfy supplier payments, including staff expenses - processing accurately, and are raised in line with authorisation limits on a timely basis.
• Daily monitoring and checking of all ledger entries posted to the company’s core banking system to ensure accuracy, validity and completeness.
• Responsible for maintaining the Bank’s Fixed Asset Register and ensuring that all assets are appropriately recorded and monitored.
• Reviewing and controlling of all property related costs/revenue.
• Processing and controlling of property disbursements.
• Review and maintenance of daily prepayments and accruals.
• Ensure all processes and procedures are fully documented.
• Provide help with external audit process.
• Processing of core Banking system ledger amendments and additions and sales ledger.
• To complete systems testing as required on changes to the core banking system.

Experience

• Reconciliations (including Bank reconciliations)
• Purchase Ledger management
• Accounting fundamentals (e.g. double entry book keeping)