Finance Manager

BANDO ECO APPARELS LTD; United Kingdom; On-site; GBP 25,000 - 40,000; Full time

Job summary

A UK-based apparel company is seeking an experienced accountant to manage financial operations. Responsibilities include bookkeeping, preparing financial statements, and ensuring compliance with VAT regulations. The ideal candidate will have a degree in Accounting or Finance and experience with ERP systems like Tally. This role requires meticulous attention to detail and strong organizational skills.

Qualifications

• Strong understanding of general ledger management.
• Ability to prepare financial statements efficiently.
• Experience with VAT returns and compliance.

Responsibilities

• Monitor data entry to ERP and check General Ledger.
• Ensure proper documentation for all financial transactions.
• Prepare monthly and yearly financial statements.

Skills

Attention to detail

Experience with Tally or other ERP software

Knowledge of VAT and Tax regulations

Bank reconciliation skills

Education

Degree in Accounting or Finance

Tools

Tally

Other ERP software

Job description

Responsibilities

• Proper monitor of data entry to Tally or Other ERP software and check General Ledger
• Check all bill-vouchers against purchases and other expenditures accordingly VAT and Tax Act and Rules
• Monitor Export & Import and record properly
• Verify and pay to Suppliers as per management decision
• Responsible for timely preparation of bank payment, cash payment, bank receipt, cash receipt and journal voucher & confirm the trial balance
• Prepare Monthly, Half Yearly and Yearly Financial Statements
• Prepare FDI Report and submit to bank on time
• Make provision for monthly expenditure and adjusted accordingly
• Maintain Bank Loan properly and confirm the recording process
• Responsible for proper maintain of accounting documents (Suppliers files, agreement with suppliers, monthly vouchers etc.)
• Responsible for submission of monthly VAT Return and preserve relevant documents such as Mushok 6.3, 6.4,6.6, 6.10, 9.1 etc.
• Responsible for submission of Withholding Tax Return, Annual Tax Return and preserve relevant documents
• Responsible for checking and disbursement of monthly salary through bank and cash and preserve relevant documents as per actual and compliance
• Closely monitoring the Master L/C and relevant BTB L/C
• Check PI, record BTB up to payment from bank
• Responsible for proper bookkeeping of export realization
• Responsible for proper bookkeeping of bank loans (ECC, PC, Term Loan, IBB Loan etc.) and prepare loan reconciliation statements accordingly
• Prepare MIS report about bank loans (payment and dues)
• Prepare Monthly, Quarterly, half yearly, Statutory accounts & ensure that books of accounts have been maintained as per accounting standard
• Preparing all bank reconciliation statements
• Closely monitoring the legal issues such as RJSC, Tax, VAT and any other certification
• Maintain liaison with Banks for loans, salary disbursement, cash withdraw etc. and consultant for any accounting and legal issues
• Reconciliation of various ledgers if required
• Prepare Month closing reports on time
• Complete Legal work within time frame
• All other Accounting & Finance related work as when required.
• Any other work as assigned by the Management