Accounts Manager / Finance Manager
- Annual Salary: £45,000 - £50,000
- Location: Central London
- Job Type: Full-time Permanent, 5-days in the office
We have partnered with an expanding property management firm within central London. They are seeking an experienced Accounts Manager, ideally with a background in Lettings or Property Management, to oversee their financial activities.
This role is pivotal in working with external accountants for statutory accounts and tax returns, managing the Sales and Purchase Ledger Assistants, and maintaining accurate financial records.
Day-to-day of the role:
- Ensure financial activities comply with accounting standards and financial reporting regulations.
- Collaborate with external accountants to prepare and file statutory accounts and related tax returns, including CT61, VAT Returns, and Non-Resident Landlord Returns.
- Manage the Sales Ledger Clerk and Purchase Ledger Clerk.
- Post all incoming rent and other payments in Xero and on the Residential Tenant Database daily.
- Produce weekly Debtors and Creditors lists.
- Check Credit Card reconciliations prepared by the Purchase Ledger.
- Authorise bank payments based on the Weekly Payment Report prepared by the Purchase Ledger.
- Conduct monthly bank and deposit reconciliations, client reports, operating reports, and intercompany expenses reports.
- Generate cash flow reports and process payroll information provided by external accountants.
- Handle fixed assets, pre-payments, loan interest reconciliations, depreciation, and accruals.
- Allocate revenue and capital expenses correctly.
- Perform rent variance and cost of sales analysis.
- Ensure AML Compliance and Client Money Protect Compliance.
- Provide cover for the Sales Ledger Clerk and Purchase Ledger Clerk in case of absence.
Required Skills & Qualifications:
- Proven experience as a bookkeeper or in a similar role, with a strong understanding of the Xero Accounts System. (Essential)
- Experience working in a Lettings or Property Management company.
- Proficiency in financial reporting and tax return preparation.
- Ability to manage a team and oversee ledger clerks.
- Strong written and verbal communication skills.
- High level of accuracy and attention to detail.
- Ability to report directly to the principals of the company.
Are you looking for an exciting opportunity within an expanding property firm? Please apply below.