Role - Assistant Financial Accountant
Salary - up to £40k
Location Borehamwood
Our client, a reputable firm in the financial sector, is seeking an organized and detail-oriented Assistant Financial Accountant to join their finance team. In this crucial role, you will report directly to the Financial Accountant and play a key part in the month-end closing procedures, record-keeping, and preparation of monthly management reports.
As the Assistant Financial Accountant, you will handle audit inquiries and serve as the primary point of contact for cash and banking-related questions. Your responsibilities will include:
- Maintaining and reconciling the Fixed Asset Register, including depreciation calculations
- Performing daily bank reconciliations across all accounts
- Processing payments, including weekly runs for subcontractors, vendors, expenses, and payroll
- Preparing monthly cost allocation journal entries
- Submitting subcontractor CIS returns
- Reviewing accounts payable and receivable ledgers, collaborating with teams on payment allocations and debt collection
- Posting and reconciling hire purchase transactions
- Reconciling balance sheet accounts, including accruals and prepayments
- Assisting the Financial Accountant during year-end close
- Supporting VAT reconciliation for quarterly returns
The ideal candidate will possess:
- Partially completed professional accounting qualification (ACCA, ACA, or CIMA) or relevant experience
- Strong written and verbal communication abilities
- Proficiency in accounting software, Excel, and Microsoft Office
- Ability to work efficiently under tight deadlines
- Experience with Evision/Microsoft Dynamics NAV is beneficial but not required
In return, our client offers a competitive salary package, including:
- Private Pension Scheme
- Health cash-plan
- Discount and cashback program
- Annual bonus opportunity
- Discounted gym membership
- Long Service Award
- Employee Assistance Program