Financial Accountant

Michael Page (UK); Banbury; On-site; GBP 45,000 - 55,000; Full time

Job summary

An established industry player is seeking a Financial Accountant to support their finance team in Banbury. This role encompasses a variety of responsibilities, including budget management, compliance assurance, and financial reporting. The successful candidate will thrive in a dynamic environment, demonstrating excellent problem-solving skills and a keen attention to detail. With a competitive salary and the chance to work in a supportive organization, this position offers a fantastic opportunity for professional growth and development. If you are passionate about finance and eager to make a significant impact, this role is perfect for you.

Benefits

Competitive salary

Office-based role

Supportive environment

Professional development opportunities

Qualifications

• Excellent knowledge of financial regulations and accounting processes.
• Strong problem-solving skills and attention to detail.

Responsibilities

• Responsible for project job numbers, budget monitoring, and client approvals.
• Ensure compliance with financial and contract practices.

Skills

Financial regulations knowledge

Problem-solving skills

Attention to detail

Communication skills

Teamworking skills

Data management

Organizational skills

Ability to work independently

Ability to work under pressure

Knowledge of basic accounting principles

Tools

Excel

Job description

• All round varied financial accounting position.
• Well established and well known Banbury based employer.

About Our Client

The employer is a large organisation in Banbury, that prides itself on innovation and quality. Their operations span across Europe, and their team of professionals work diligently to maintain our leading status in the industry.

Please note this is an office based role on their Banbury site with the wider finance team.

Job Description

The Financial Accountant will have a wide range of duties supporting the month and year end tasks of finance team. This will include:

• Responsible for setting up project job numbers, monitoring changes in budgets, ensuring we obtain correct/sufficient client approval of budgets and changes.
• Review budgets before being sent to clients to ensure they are error free and in line with our normal rates and policies.
• Ensure compliance with the clients' financial and contract practices.
• Responsible for complete and accurate reconciliations of each budget in a timely manner, working closely with Project Managers to achieve this.
• Raising sales invoices and distributing to the clients.
• Active review of aged debtors and liaison with clients regarding overdue invoices.
• Preparation of commission invoices.
• Carry out due diligence and review clients to minimise bad debt exposure.
• Posting payments to the ledgers, setting up urgent supplier payments and staff expense payments.
• Prepare a basic weekly cash flow forecast for the CFO, FD & MD.
• Prepare the quarterly VAT return.
• Monthly review of completed profit margins.
• Preparation of other month end reports such as GBP & Euro bank reconciliations, GL reconciliations, project pitch costs reporting.
• Maintain accurate, current, detailed records and prepare periodic and ad-hoc reports for the MD, Project Managers and DF as required.

The Successful Applicant

A successful Financial Accountant should have:

• Excellent knowledge of financial regulations and accounting processes.
• Strong problem-solving skills and attention to detail.
• Excellent communication and teamworking skills.
• The ability to manage large sets of data and compile detailed reports.
• Must have considerable knowledge with basic accounting principles (i.e. Journal entries, debits, credits, etc.) and accounting functions. Accurate recording of job costs and reconciliations are key for this position.
• Ability to work independently and complete duties and projects with little direct supervision.
• Ability to work accurately under pressure in meeting deadlines.
• Must have excellent organisational skills.
• Must be proficient with Excel.
• Good understanding of VAT.

What's on Offer

• A competitive salary in the range of £45,000 - £55,000 GBP per annum.
• The opportunity to work 5 days in the office located in Banbury.
• A chance to work in a large and well established organisation.
• A supportive and professional environment.

We encourage all candidates who feel they meet the above criteria to apply and join our dynamic team.