Assistant Accounts Manager/ Sr. Accounts Executive (VAT, TAX) Microfinance

HARD GROUP; United Kingdom; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading financial organization in the United Kingdom seeks a finance professional to manage accounting and financial reporting. Key responsibilities include maintaining accurate financial records, budgeting, ensuring compliance with regulatory bodies, and supporting branch accountants. Candidates must have experience in financial planning and reporting. This role has opportunities for team coordination and development in a dynamic environment.

Qualifications

• Experience in accounting standards and financial reporting.
• Ability to manage cash flow and fund management.
• Competence in budgeting and financial planning.

Responsibilities

• Maintain accurate books of accounts in compliance with standards.
• Monitor daily cash flow and ensure adequate liquidity.
• Assist in preparing annual budgets and forecasts.
• Ensure compliance with regulatory bodies.
• Maintain financial MIS and submit reports timely.
• Provide guidance to branch accountants and finance staff.

Job description

Key Responsibilities

1. Accounting & Financial Reporting

• Maintain accurate books of accounts in compliance with applicable accounting standards and MFI policies.
• Prepare monthly, quarterly, and annual financial statements.
• Ensure timely closing of accounts and reconciliation of bank statements, loan portfolios, and general ledger.
• Review branch accounts and ensure proper documentation.

2. Cash Flow & Fund Management

• Monitor daily cash flow and ensure adequate liquidity for branch operations.
• Assist in managing disbursement schedules, fund requests, and repayments.
• Coordinate with banks and financial partners for transactions, deposits, and settlements.

3. Budgeting & Financial Planning

• Assist in preparing annual budgets, forecasts, and variance analysis.
• Track budget utilization and provide insights to management for decision-making.
• Support financial analysis of products, branches, and operational efficiency.

4. Compliance & Audit

• Ensure compliance with regulatory bodies such as MRA, Bangladesh Bank, NGO Affairs Bureau, or relevant national authorities.
• Prepare documentation for internal, external, and donor audits.
• Implement audit recommendations and strengthen internal controls.

5. MIS & Reporting

• Maintain financial MIS and ensure timely submission of reports to management and regulators.
• Monitor loan portfolio quality, PAR (Portfolio at Risk), provisioning, and delinquency trends.
• Support data accuracy and integration between finance and loan management systems.

6. Team Coordination & Support

• Provide guidance to branch accountants and finance staff.
• Ensure adherence to financial policies and procedures at all levels.
• Support capacity-building initiatives for field and branch teams.

Microfinance

• Monthly MRA Monthly Report.
• MRA Software report posting.
• Microfin360 software all component expert.
• Monthly LLP Calculation & Posting.
• Journal Voucher Create & Posing.
• Bank Reconciliation.
• FDR calculation and Opening.
• Profit & Loss Report.
• Provision Related work.
• Vat & Tax Related work.
• Loan Verify.
• Income Tax Submit.