Assistant Manager - Accounts and Finance

Way Group; United Kingdom; On-site; GBP 40,000 - 60,000; Full time

Job summary

A financial services company in the United Kingdom is seeking a candidate to manage and prepare financial statements, supervise a team, and ensure compliance with regulations. Responsibilities include conducting financial analysis and offering strategic recommendations for profitability. The ideal candidate should have experience in financial reporting and strong leadership skills.

Qualifications

• Experience in preparing financial statements and reports.
• Strong leadership and supervisory skills.
• Ability to conduct financial analysis.

Responsibilities

• Prepare monthly financial statements including balance sheets and cash flow statements.
• Supervise and lead a team effectively.
• Conduct financial analysis and recommend improvements.

Job description

• Prepare monthly Balance Sheet, Profit & Loss Accounts, Trial Balance, and Cash Flow Statements independently.
• Supervise subordinates effectively as a team leader.
• Ensure compliance with company rules and regulations.
• Conduct financial analysis and recommend strategies to improve profitability.
• Reconcile accounts with sister concerns and other companies.
• Monitor monthly accounts and ensure reconciliation before finalization.
• Provide required financial data/information to management.
• Maintain all accounting records including ledger, cash book, cheque register, salary register, petty cash, invoices, and vouchers.
• Prepare financial statements including Cash Flow Statements, Financial Reports, Monthly/Quarterly/Yearly Balance Sheets, and Budgets.
• Ensure all sales, receivables, and payables are recorded accurately.
• Prepare monthly MIS reports for management.
• Assist in external and internal audits of financial statements.
• Perform reconciliation statements for finance and accounts.
• Verify monthly salary sheets, wages, and overtime records.
• Conduct inventory verification through periodic physical counts.
• Check and verify bills, vouchers, purchase requisitions, delivery challans, and other supporting documents.
• Audit cashbooks, record transactions, and ensure accurate disbursements.
• Deal with issues related to audit, financial institutions, VAT, Tax authorities, and company secretarial matters.
• Perform any other tasks assigned by the management.