Assistant Accountant
- Posted 29 September 2022
- Salary £30000.00 - £35000.00 per annum
- LocationCity of London
- Job type Permanent
- Discipline Accounting & Finance
- ReferenceASS1_1664464416
- Contact NameSamuel Everton
Job description
The Business:
An Internationally renowned Music & Events business is currently seeking an Assistant Accountant (due to expansion) to join their Group Finance Team.
Overview:
The Accounts Lead is responsible for ensuring the smooth running of AP/AR function covering all entities. You will work closely with the accounts assistant and share workload appropriately. You will also assist in cash management including tracking weekly cash movements and forecasting intercompany cash transfers.
Management Reporting
* Weekly / Monthly Debtors & Creditors Report for management
* Assist with weekly and monthly cashflow forecasting and variance analysis as well as intercompany bank transfer requirements
Leading the Team
* Day to day management of the Accounts team deliverables, ensuring workloads are prioritised accordingly
* Training of all new hires within the Accounts team on transactional processing standards and procedures
Duties:
* Preparation of weekly payment runs
* Daily bank reconciliations
* Raising Sales invoices for the events team and assisting in event reconciliations post event
* Reviewing and processing employee expense claims in line with the company policy
* Assisting with month end duties, including accruals and prepayments
* Assisting with revenue, cost of sales and cash receipt postings for the group
* First point of approval for payment runs and providing analysis against cashflow forecast
* Weekly safe count
* Participate in the audit process, working closely with the external auditors
* Quarterly FEU submissions to HMRC
* Assist with the monthly PAYE and NI submissions to HMRC