Accounts Officer

Islam Knit Fashion Ltd; United Kingdom; On-site; GBP 25,000 - 35,000; Full time

Job summary

A textile company in the United Kingdom is looking for an Account Officer to manage financial records and ensure compliance with tax laws. Responsibilities include processing transactions, preparing financial reports, and resolving billing issues. The ideal candidate should have experience in bookkeeping and financial reporting. This role is critical for maintaining the company’s financial health and ensuring accurate records.

Qualifications

• Experience in managing financial records and processing transactions.
• Strong understanding of tax compliance and financial reporting.
• Ability to track expenses and conduct reconciliations.

Responsibilities

• Maintain accurate financial records, including ledgers and invoices.
• Process accounts payable and receivable, and issue customer invoices.
• Reconcile accounts, prepare statements, and generate financial reports.
• Monitor and track company expenses to ensure accuracy.
• Ensure compliance with tax laws and prepare necessary filings.
• Manage client accounts and resolve billing issues.
• Provide support during financial audits and analyze data.

Job description

An account officer job description involves managing and maintaining financial records, processing transactions like invoices and payments, and performing bookkeeping duties such as reconciling accounts and tracking expenses. They also handle tasks like preparing financial reports, ensuring tax compliance, and resolving billing issues to maintain the company`s financial health and accuracy.

Key responsibilities

• Record keeping: Maintaining organized and accurate financial records, including ledgers, invoices, receipts, and payments.
• Transaction processing: Handling accounts payable and receivable, issuing customer invoices, recording payments, and processing refunds.
• Reconciliation and reporting: Reconciling accounts, preparing financial statements, and generating reports on company expenditures, profits, and budgets.
• Expense monitoring: Tracking and monitoring all company expenses, including overhead and payroll.
• Compliance: Ensuring compliance with tax laws and regulations, and preparing and filing tax returns and other necessary submissions.
• Client and account management: Managing client accounts, resolving billing and payment issues, and performing credit assessments if necessary.
• Audit and analysis support: Providing support during financial audits, resolving discrepancies, and analyzing financial data.