Accounts Executive/Sr. Accounts Executive

NZ Fabrics Ltd.; United Kingdom; On-site; GBP 35,000 - 55,000; Full time

Job summary

A leading textiles company is seeking a finance professional to prepare financial statements and manage accounts payable and receivable. The role requires ensuring compliance with local laws and providing financial insights to stakeholders. Candidates should have a strong background in finance and excellent analytical skills. This position offers the opportunity to contribute to financial decision-making within the company.

Responsibilities

• Prepare and maintain financial statements.
• Generate monthly, quarterly, and annual financial reports.
• Assist in the preparation of budgets and forecasts.
• Monitor financial performance against budgets.
• Manage the accounts payable process.
• Oversee accounts receivable for timely collections.
• Maintain and reconcile the general ledger.
• Perform bank account reconciliations.
• Ensure compliance with local laws.
• Conduct financial analysis for decision-making.
• Implement internal controls to safeguard assets.
• Assist with internal and external audits.
• Stay updated on financial regulations.
• Monitor and manage cash flow.
• Communicate financial information to stakeholders.

Job description

• Prepare and maintain financial statements, including balance sheets, income statements, and cash flow statements.
• Generate monthly, quarterly, and annual financial reports for management review.
• Assist in the preparation of budgets and forecasts.
• Monitor actual financial performance against budgets and forecasts, identifying and explaining variances.
• Manage the accounts payable process, including processing invoices and ensuring timely payments to suppliers.
• Oversee accounts receivable, ensuring timely collection of payments from customers.
• Maintain and reconcile the general ledger, ensuring all transactions are accurately recorded.
• Perform regular reconciliations of bank accounts and other financial accounts.
• Ensure compliance with local laws, tax and VAT regulations.
• Conduct financial analysis to support decision-making processes.
• Provide insights and recommendations based on financial data.
• Implement and maintain effective internal controls to safeguard company assets.
• Ensure adherence to financial policies and procedures.
• Assist with internal and external audits, providing necessary documentation and explanations.
• Address audit findings and implement recommended improvements.
• Stay updated on financial regulations and ensure the company complies with relevant laws.
• Prepare and submit regulatory reports as required.
• Monitor and manage cash flow to ensure sufficient liquidity for operational needs.
• Optimize the use of financial resources.
• Work closely with other departments to provide financial insights and support.
• Communicate financial information to stakeholders, including senior management, in a clear and concise manner.