Accounts & Finance Officer

KOREL CO LTD; United Kingdom; On-site; GBP 35,000 - 50,000; Full time

Job summary

A financial services company in the United Kingdom is looking for a finance professional responsible for maintaining accurate financial records, managing budgets, and ensuring tax compliance. The suitable candidate should have experience with accounting software and strong financial reporting skills. This role involves communication with banks, suppliers, and auditors, supporting management in decision-making with financial insights.

Qualifications

• Experience in maintaining accurate financial transactions using accounting software.
• Ability to prepare and manage budgets and financial forecasts.
• Knowledge of VAT and tax compliance regulations.

Responsibilities

• Maintain daily financial transactions and prepare financial documents.
• Process accounts payable and receivable, including invoicing and payments.
• Prepare monthly, quarterly, and yearly financial statements.

Skills

Financial transaction management

Budgeting

Financial reporting

Tax compliance

Payroll management

Tools

Tally

QuickBooks

ERP

SAP

Job description

Financial Record Keeping

• Maintain accurate daily financial transactions in accounting software (e.g., Tally, QuickBooks, ERP, SAP).
• Prepare and update cashbook, ledger, journal entries, and other financial documents.
• Ensure proper documentation, filing, and preservation of financial records.

Accounts Payable & Receivable

• Process vendor bills, staff reimbursement, and supplier payments.
• Prepare invoices, follow up on payments, and manage receivables.
• Reconcile accounts payable/receivable balances.

Bank & Cash Management

• Handle petty cash disbursement and maintain cash registers.
• Prepare bank deposits, withdrawals, and reconciliation statements.
• Monitor bank transactions and maintain cash-flow forecasting.

Budgeting & Financial Planning

• Assist in preparing annual, quarterly, and monthly budgets.
• Track expenditures against budget and report variances.
• Support management in preparing financial forecasts and cost analysis.

Financial Reporting

• Prepare monthly, quarterly, and yearly financial statements (P&L, Balance Sheet, Cash Flow).
• Provide financial reports to management and auditors.
• Prepare VAT, TAX, and AIT reports as required by NBR.

Tax & Compliance

• Ensure compliance with Bangladesh VAT & Tax regulations.
• Prepare VAT challans, Mushak forms, TDS calculations, and file returns.
• Support external and internal audits and ensure proper documentation.

Payroll & Employee Benefits

• Prepare monthly payroll, overtime sheets, and salary disbursement.
• Calculate PF, GF, bonuses, and other benefits.
• Maintain employee financial records.

Procurement & Inventory Support

• Verify bills, challans, and purchase orders for accuracy.
• Coordinate with procurement and store departments to reconcile inventory.
• Maintain asset registers.

Internal Controls & Policy Implementation

• Ensure adherence to company financial policies and internal controls.
• Identify risks and recommend process improvements.

Coordination & Communication

• Communicate with banks, suppliers, auditors, and regulatory authorities.
• Support management in decision-making with financial insights.
• Assist in project budgeting and donor reporting (for NGOs/INGOs).