Financial Accountant

MacKenzie King; Babergh; Hybrid; GBP 35,000 - 50,000; Full time

Job summary

A private equity backed startup in Ipswich is seeking a Financial Accountant to manage financial transactions and compliance. This exciting opportunity offers a hybrid work pattern and requires strong accounting principles knowledge. Join a dynamic finance team at a pivotal growth stage.

Qualifications

• Strong understanding of accounting principles and practices.
• Ability to manage workload and meet deadlines.
• Proactive approach to problem-solving.

Responsibilities

• Post and process journal entries, prepare revenue recognition entries, and manage accruals.
• Perform reconciliations, cash flow forecasting, and support regulatory returns.
• Collaborate with departments for financial information and analysis.

Skills

Attention to detail

Problem Solving

Communication Skills

Education

Part or fully qualified accountant

Tools

Excel

Finance systems

Job description

MacKenzie King are thrilled to be recruiting a Financial Accountant role for an impressive, private equity backed startup based in Ipswich. Working closely with the Finance Director, this Financial Accounting role will play an integral part in managing financial transactions, preparing reports and ensuring compliance with accounting standards and company policies. This is an exciting opportunity for an ambitious, forward-thinking individual to join a dynamic finance team at a pivotal stage of the company’s growth. This role offers a hybrid work pattern.

Key Tasks & Responsibilities

• Post and process journal entries to ensure all business transactions are recorded.
• Preparing Revenue recognition accounting entries.
• Managing accruals and prepayments.
• Perform reconciliations.
• Assist in the processing of balance sheets, income statements and cash flow statements.
• Posting staff costs and expenses.
• Processing payments for day-to-day operating expenses via online banking.
• Reconcile bank and cash transactions to ensure all records are up-to-date and accurate.
• Assisting with cash flow forecasting and monitoring.
• Supporting variance analysis and commentary for board and management reporting.
• Assisting in collating VAT and tax return information.
• Assisting with the annual statutory account’s preparation and audit activities
• Assist in preparing regulatory returns
• Assist in establishing and maintaining processes and control documentation
• Collaborating with other departments to gather financial information and respond to queries.
• Support ad-hoc financial projects, including process improvements and system enhancements.

Qualifications & Experience

• Part or fully qualified accountant.
• Strong understanding of accounting principles and practices.
• Good working knowledge of Excel and finance systems.
• Strong attention to detail and a proactive approach to problem solving.
• Ability to manage your own workload and meet deadlines.
• Clear communication skills and a collaborative working style.