Management Accountant

Job purpose:

The primary role is to ensure complete and accurate recording of financial transactions in line with agreed timescale’s, this will include review and analysis of financial information in order to deliver accurate management accounts.

Key responsibilities and accountabilities:

• Adhere to month end and year end timetable
• On a daily basis review and ensure the cashbook is posted and ensure any unknown transactions on the bank statement are fully investigated and resolved in a timely manner
• Ensure both purchase and sales ledgers are reviewed and any outstanding items have been investigated and understanding any issues. Ensure the purchase/sales ledger department are advised of any issues or items needing resolution. Ensure any items requiring action by purchase or sales ledger are followed up
• Question and raise any issues found with invoice postings re nominal codes, correct departmental allocations and VAT treatment etc.
• Prepare relevant monthly accruals to the accounts
• Ensure the release of relevant prepayments to the accounts on a monthly basis. Maintain a prepayments schedule showing invoices prepaid and relevant releases to the accounts
• Prepare any relevant rent accruals
• Ensure any relevant interest and withholding tax journals provided are posted to the finance system
• Ensure any adjustments/expenses provided by Payroll are posted
• Collate Tenancy agreements for reconciliation purposes
• Ensure correct recording of HPs and copies of agreements and schedules are maintained
• Review DD and SO collections and highlight to management accounts team leaders any discrepancies in a timely manner
• Prepare accounts; profit and loss account and balance sheet to the point of reporting in accordance with set timetable
• Ensure foreign currency revaluations are completed monthly for all relevant nominal ledgers and accounts
• Compile report and backup information for charitable donations and sponsorships monthly.
• Ensure balance sheet reconciliations are completed accurately with all back up in a timely manner and any issues escalated and highlighted to the management accounts team leaders as soon as they are identified
• Review and ensure understanding of any balance sheet reconciliations provided for the company i.e. payroll
• Management of fixed and intangible asset postings and relevant depreciation/amortisation postings
• Review and management of any relevant provisions i.e. bad debt provisions
• On a monthly basis ensure year-end audit file is updated for any changes and liaise with statutory accounts section and auditors as and when required
• Other ad hoc duties as required

Skills:

• Experience of using Excel and Sage preferable
• Good attention to detail
• Good communication and presentation skills
• Ability to explain often complex financial information clearly
• Honesty and discretion
• A team player
• A good understanding of accounting standards and the ability to adhere to these