Financial Accountant

PPL PRS Ltd; Leicester; Hybrid; GBP 45,000 - 55,000; Full time

Benefits offered by this job

Hybrid working in modern office

Job summary

A leading music rights organization in Leicester is seeking a Financial Accountant to oversee financial accounting processes, including statutory audits, month-end reporting, and tax compliance. The ideal candidate will be a qualified accountant with significant experience in financial roles and a solid background in tax legislation. This hybrid role includes mentoring assistant accountants and ensuring effective financial controls are maintained.

Qualifications

• Qualified Accountant with prior Financial Accounts and Tax experience.
• Minimum 2 years of holding a relevant financial accounting position.
• Experience in using accounting / tax software.

Responsibilities

• Manage all aspects of financial accounting including statutory reporting and tax returns.
• Coordinate interim and year-end statutory audits.
• Complete relevant month-end processes and produce accurate reports.
• Ensure compliance with all relevant statutory taxation regulations.
• Supervise and mentor two assistant accountants.

Skills

Qualified Accountant

Financial Accounts and Tax experience

Experience with tax legislation

Experience in using accounting software

Job description

Can you imagine a world without music? Neither can we.

• 12 month fixed term contract
• Hybrid working in our modern Leicester City centre office

We have an opportunity for a Financial Accountant to join our team. To manage all aspects of financial accounting for the company including statutory reporting, treasury, income statements, balance sheets and tax returns.

To deputise for the Financial Controller when required.

What you will be doing

Statutory Audits

• Coordinate interim and year-end statutory audits. Respond to requests from auditors and resolve any queries in order for the audits to be completed on time.
• Produce regulatory returns and year-end statutory accounts and complete audit files.

Month End

• Complete relevant month-end processes in a timely manner and produce accurate month-end reports. This includes preparation of month-end journals and balance sheet reconciliations for a number of accounts.
• Own the fixed asset register and relevant postings.
• Prepare and post the monthly Management and Service Fee true ups and prepare the quarterly invoices.
• Prepare the loan interest calculation and manage the quarterly loan repayment and interest payment process.
• Prepare monthly cash flow reports and assist with forecast and budget.

Revenue Distribution to Parents

• Distribute licensing revenue to parents, on a weekly and monthly basis.

Tax and VAT

• Ensure compliance with all relevant statutory taxation regulations.
• Manage the preparation of corporation tax schedules.
• Provide information to our external advisor to enable them to complete the corporation tax calculations and returns on our behalf.
• Ensure full compliance with HMRC guidelines around expenses and employee benefits.
• Prepare and file the PSA return.
• Prepare and file quarterly VAT returns.
• Monitor and review changes in tax legislation and manage the implementation of necessary changes.

Other

• Supervise and mentor two assistant accountants.
• Work with the assistant accountant to ensure the bank reconciliations are clean and unreconciled items are investigated in a timely manner.
• Complete ONS as necessary.
• Allocate interest on debt received by solicitors from customers between the parent entities.
• Other adhoc tasks as required.

Processes and Controls

• Proactively ensure adequate financial controls are implemented across the departments
• Contribute to the continuous improvement of finance processes through identifying opportunities for improvement and implementing changes

You will have

• Qualified Accountant with prior Financial Accounts and Tax experience
• Background working within a Finance department in a commercial organisation or alternatively a mix of practice and industry experience
• Minimum 2 years of holding a relevant financial accounting position
• Experience with tax, interpreting tax legislation and liaising with tax authorities
• Experience in using accounting / tax software