Financial Accountant

Job description

Morgan Hunt are currently recruiting for opportunity for a Financial Accountant on a permanent basis with a prestigious Regulatory Body. The role is a hybrid role based in central London within a busy but supportive team. The Financial Accountant is paying £47,745 - £52,839 and reports into the Financial Accountant and Treasury Manager.

Join the prestigious team as a Financial Accountant - this role offers a unique opportunity to oversee financial accounting, reporting, and taxation services while contributing to the Group's cash and treasury functions. If you're an experienced financial professional with a passion for meticulous accounting practices, we want to hear from you!

Key Responsibilities of the Financial Accountant:

• Management Responsibilities:

  • Lead and manage two Finance Officers, ensuring accurate posting and allocation of cash transactions and balance sheet reconciliations.

• Development Responsibilities:

  • Proactively develop and maintain financial processes, procedures, and internal controls.
  • Contribute to enhancing financial reporting.
  • Stay updated on UK accounting, VAT, and Corporation tax legislation, highlighting implications and ensuring compliance.
  • Provide training and review sessions for Finance Officers to enhance their technical knowledge and skills.

• Specific Role Responsibilities:

  • Prepare monthly balance sheets and annual financial statements
  • Conduct monthly reconciliations of balance sheet accounts and resolve any issues promptly.
  • Ensure accurate posting of cash transactions and reconcile intercompany accounts.
  • Manage cash flow information and review sales commission calculations.
  • Oversee debtors and creditors, fixed asset accounting, and VAT accounting.
  • Contribute to annual corporation tax computation and dividend payments.
  • Support period and year-end closure of the General Ledger.
  • Assist in the procurement and implementation of a new Finance system.

• Strategic Duties:

  • Stay informed about changes in FRS102/UK GAAP and VAT legislation, discussing impacts with the Financial Accounting Manager.
  • Implement necessary changes and address risks associated with non-compliance.

Person Specification of the Financial Accountant:

• Knowledge, Training, and Qualifications:

• • • Recognised CCAB accounting qualification
    • Up-to-date knowledge of accounting standards and regulations
    • Working knowledge of data protection and confidentiality requirements
    • Sound understanding of VAT
      
      

• Experience:

  • • Experience of producing Statutory Accounts using UKGAAP/IFRS in a commercial organisation
    • Experience of being responsible for an effective and efficient full year-end audit
    • Experience of preparing accurate and timely monthly balance sheet reconciliations
    • Experience of maintaining an accurate and current fixed asset register
    • Experience of working as a lead in finance-related projects
    • Experience of working in the publication industry

• Skills:

  • Essential:
    • Ability to present complex financial information effectively to non-financial managers
    • Excellent planning and prioritisation skills to ensure team can achieve tight deadlines under pressure
    • Robust understanding of accounting
    • High level of expertise in Microsoft packages including Excel, Word, Outlook, and PowerPoint

This role offers a stimulating environment where your expertise will contribute to the success of both the organisation and the wider group. If you're ready to take the next step in your career, apply now!

Morgan Hunt is a multi-award-winning recruitment business for interim, contract and temporary recruitment and acts as an Employment Agency in relation to permanent vacancies. Morgan Hunt is an equal opportunities employer. Job suitability is assessed on merit in accordance with the individual's skills, qualifications and abilities to perform the relevant duties required in a particular role.