Executive / Senior Executive (Accounts)

Dynasty Furnishing Centre Ltd.; United Kingdom; On-site; GBP 35,000 - 45,000; Full time

Job summary

A prominent furnishing firm in the United Kingdom seeks an Executive (Accounts) to oversee daily accounting operations, prepare financial reports, and ensure compliance with regulations. The ideal candidate will have a strong accounting background, proficiency in financial reporting, and experience in budget preparation. This role offers a chance to contribute to the financial health of the organization through analysis and reporting.

Qualifications

• Strong background in accounting and finance required.
• Proficiency in financial software and Excel is advantageous.
• Previous experience in a supervisory role preferred.

Responsibilities

• Manage daily accounting operations and ensure accuracy.
• Prepare financial reports for management review.
• Monitor compliance with financial regulations and policies.

Skills

Accounting expertise

Financial reporting

Budget preparation

Data analysis

Attention to detail

Education

Relevant financial degree

Job description

Executive (Accounts) Responsibility:

• Day-to-Day Accounting Activities
• Cash Collection from Customers
• Receive and record cash payments from customers.
• Issue receipts and update relevant ledgers.
• Ensure timely banking of collected amounts (if applicable).
• Maintaining Daily Expenses
• Record all daily office or operational expenses (e.g., utilities, supplies, transport).
• Attach and file supporting documents (invoices, bills, receipts) for each expense.
• Monitor petty cash usage and ensure proper approvals are in place.
• Update the expense register or software system daily.
• Reconcile expense entries with available cash or bank balance.
• Daily Chart Completion
• Prepare and update the Daily Cash Flow / Sales & Expense Report.
• Record all receipts and payments accurately.
• Reconcile opening and closing balances daily.
• Rechecking Daily Accounting Entries
• Cross-check daily entries in ledgers and accounting software.
• Verify accuracy of transactions and correct any errors.
• Maintain audit-ready documentation.
• Monthly Credit Sales Reporting to Sales Team
• Generate credit sales summary by salesperson.
• Share monthly reports with sales staff for collection follow-up.
• Highlight overdue accounts and aging analysis.

Senior Executive (Accounts) Responsibility:

• Monitoring daily activities of the accounts department and advise team member as require.
• Preparing and presenting financial reports to the management, detailing the company's performance, including sales revenue, expenses, Profit, and losses.
• Creating budgets for various departments within the organization and forecasting future financial performance based on historical data and market trends.
• Accounts payable process, ensuring that bills and invoices are paid accurately and on time and also manage accounts receivable, ensuring timely collection of payments from customers.
• Ensuring accurate valuation of inventory.
• Conducting financial analysis to identify areas for cost reduction, revenue enhancement, and overall financial improvement, this may involve analyzing sales data, expense reports, and other financial metrics.
• Ensure compliance with financial regulations and standards including tax regulations, accounting principles, and company policies.
• Preparing financial records and documentation for internal and external audits, that all necessary information in readily available and accurate.
• And the assignee job by the top management.