Description:
The Assistant Financial Accountant will be responsible for assisting in the production of the periodic financial accounts (including intercompany management, balance sheet reconciliation and consolidated accounts)
The successful candidate will be an ambitious self-starter working towards their accountancy qualifications (ACCA, CIMA or AAT level 4), have a solid understanding/experience of accounting fundamentals/bookkeeping and possess excellent MS Excel skills (including VLOOK Ups and Pivot Tables). Proficiency in SAP would be advantageous.
Main responsibilities include:
- Assist in the management of the intercompany process, ensuring all intercompany charges received or raised are supported by affiliate agreements, within budget and coded to the correct intercompany general ledger codes. Ensure all intercompany invoices, accruals and other transactions are reconciled with the counterparty.
- Closing period end activities in accordance with period close timeline.
- Assisting in the periodic review of trial balance and key balance sheet accounts before the closing down of period end.
- Assisting in the preparation of the balance sheet and cashflow for period end.
- Raising and posting of approved journals.
- Assisting in the management of the balance sheet reconciliation monthly process. Manage the balance sheet general ledger responsibility assignation list. Monitor completion and chase individuals that have not completed by the deadlines.
- Assist in organising and compiling submissions from the wider finance team to meet the Financial Controller and deadlines. Including the upload of all periodic balance sheet reconciliation into BOX.
- Responsible for the preparation of balance sheet reconciliations on general ledger accounts assigned. Develop a solid understanding of movements and that there is clear, concise and unambiguous documentation of transaction flows through these accounts.
- Assisting with audits
- Assist in the reconciliation of semi-automated interfaces from source documentation into SAP.
- Assist in the management of the Debtor / Creditor account.
- Reconciling cash received / paid versus the DfT payment letters.
- Ensuring cash allocation per the payment letter is correct and in line with our calculations. Advise the credit control and treasury assistant on account allocations.
Person Specification
- Excellent communication skills
- Proficiency with MS Excel
- Studying towards professional finance qualifications
- Previous finance experience (minimum 18 months)