Deputy Director, Accounts & Finance

Shanto-Mariam University of Creative Technology; United Kingdom; On-site; GBP 100,000 - 125,000; Full time

Job summary

An educational institution in the United Kingdom is seeking a finance professional to manage financial statements, taxation, and external audits. Responsibilities include preparing financial reports, ensuring compliance with regulations, and coordinating audits. The ideal candidate should have experience in financial management and knowledge of accounting norms. This position offers an opportunity to contribute significantly to financial operations.

Responsibilities

• Prepare monthly Financial Statements and other financial reports.
• Ensure compliance with financial statutory norms.
• Coordinate with external auditors and prepare for audits.
• Liaise with the tax lawyer and government bodies regarding tax matters.

Job description

Responsibilities

Financial Statements

• Engaging in preparation of monthly Financial Statements/Receipts/Payments with the advice from the Director, Accounts & Finance
• Ensuring that all accounting data/transactions are properly recorded in the ERP/IEMS software before preparation of Monthly Financial Statements.
• Preparing and following up daily expenditure statements and complying with the Budget Variance Report.
• Submitting the financial reports accurately and in time.
• Preparing the (actual & forecasted) Capital Expenditure Statement.
• Verifying the compliance of all transactions and their recordings with the financial statutory norms, internal processes, procedures and BAS/IFRS/GAAP.
• Maintaining the accurate and timely processing of the General Ledger reconciliation and journal entries.
• Following the timely preparation of the Bank Reconciliation Statements.
• Performing monthly and quarterly bank compliance activities in an accurate and timely manner.
• Submitting daily Bank Balance status to the Director of Accounts & Finance.
• Following up/checking that all party ledgers are properly maintained.
• Guiding and coaching (as per the advice of the Director, Accounts & Finance), with respect to procedures and skills related to accounting, to the people of the Accounts & Finance Section.

Taxation

• Preparing the Annual Tax Return through discussion with the Director, Accounts & Finance.
• Submitting the Tax Return within the stipulated time line after getting approval from the Director, Accounts & Finance.
• Liaising with the tax lawyer regarding appeals/tribunals (as per the advice of the Director, Accounts & Finance).
• Liaising with the Tax Circle Office for any queries/file updating/any other issues as assigned by the Director, Accounts & Finance.
• Providing all necessary documents to the tax lawyer/NBR Office after discussion with the Director, Accounts & Finance.
• Ensure depositing the AIT to the Treasury.
• Ensuring depositing the VAT at source to the Government Treasury.
• Ensuring and following up that all TDS and VAT at source are properly deducted according to the Government prescribed rules.

External Audit

• Ensuring that all expenses are properly verified in a timely manner.
• Ensuring that all business risks and challenges are well managed.
• Ensuring that all daily stock registers are properly checked.
• Liaising with the UGC (if necessary, as per the advice of the Director, Accounts & Finance) in the matters related to submission of the panel of External Auditors and finalization of the Statutory Auditor from the panel.
• Assisting the Director, Accounts & Finance in coordinating with the External Auditor for finalizing the yearly Financial External Audit.
• Preparing and maintaining all Statutory Books and records in a way so that those are readily available for Statutory Audit.
• Coordinating and following up of statutory documents/vouchers for the Annual Audit.

Others

• Coordinating with the Director, Accounts & Finance for any other tasks assigned by the Management.