Asst. Executive, Accounts

Bio-Xin Cosmeceuticals; United Kingdom; On-site; GBP 25,000 - 35,000; Full time

Job summary

A leading cosmetics firm in the United Kingdom is seeking an Assistant Executive Accounts to support financial operations. The role involves maintaining accounting procedures, managing petty cash, and ensuring compliance with company standards. Ideal candidates will have experience with financial transactions and proficiency in SAP software. This position offers an opportunity to optimize financial workflows in a dynamic office environment.

Qualifications

• Proficient in SAP software system for transaction recording.
• Strong understanding of financial procedures and compliance.

Responsibilities

• Maintain accounting procedures in alignment with company SOP.
• Manage daily petty cash for branch transactions.
• Record and invoice sales transactions accurately in SAP.
• Reconcile daily cash receipts with sales transactions.

Job description

Overview

As an Assistant Executive Accounts at Bio-Xin Cosmeceuticals Branch, you will play a crucial role in supporting the financial operations of the Branch office.

You will be responsible for maintaining with various accounting tasks, ensuring accuracy, compliance, and efficiency in financial transactions and reporting.

Responsibilities

• Maintain the accounting procedure in alignment with company SOP at the branch.
• Manage daily petty cash for branch day-to-day transactions.
• Thoroughly check all bills and vouchers.
• Accurately record and invoice all sales transactions in the SAP software system, ensuring transparency.
• Reconcile daily cash receipts with sales in the system, promptly resolving discrepancies.
• Obtain management approval for applied discounts and commissions, maintaining proper documentation.
• Securely deposit cash into a designated vault, meticulously recording all transactions in the cash scroll book.
• Coordinate daily banking activities, ensuring separation from daily expenses through collaboration with the head office.
• Manage and disburse petty cash to branches at regular intervals, adhering to company disbursement schedules.
• Justify expenses through proper requisitions, overseeing verification and approval of regular expenses.
• Seek approval from the head office accounts for irregular or additional expenditures.
• Enter comprehensive product-related information into the accounting software, covering receipts, returns, issues, and transfers.
• Prepare and email daily MIS reports to central accounts, following the provided format.
• Print and sign daily MIS reports with approval from the branch manager/in-charge.
• Uphold strict adherence to company policies, regulations, and legal requirements related to financial transactions.
• Collaborate with the team to optimize financial operations, contributing to a streamlined and efficient workflow.