Financial Accountant

ITSS Recruitment Ltd; Watford; On-site; GBP 40,000 - 45,000; Full time

Job summary

ITSS Recruitment Ltd is seeking a Financial Accountant for a 9-month fixed-term contract in Watford to manage general ledger, accruals and the full accounting cycle.

You will oversee the purchase and sales ledgers, monthly bank reconciliations and VAT returns for UK & Ireland, and contribute to monthly and quarterly reporting to management and head office. Collaboration with auditors and adherence to group controls is essential.

Qualifications

• Experience in general ledger, purchase ledger and sales ledger.
• Proficient in accruals, prepayments and adjusting entries.
• VAT returns for UK & Ireland and liaison with local accountants.
• Strong monthly/quarterly reporting and consolidation experience.
• Support during year-end audits and control improvements.

Responsibilities

• Manage General Ledger, Purchase Ledger and Sales Ledger processes.
• Oversee accruals, prepayments and necessary accounting adjustments.
• Perform stock reconciliation and related accounting entries.
• Conduct monthly bank reconciliations and ensure accuracy.
• Reconcile staff expenses and timely payments.
• Daily banking of receipts and payments in accounting system.
• Produce UK & Ireland VAT returns and coordinate with external accountants.

Skills

General Ledger

Accruals & Prepayments

VAT Returns

Management Reporting

Audit Support

Job description

Role: Financial Accountant

Location: Watford

Salary: £40-45k

9 month FTC

Responsibilities as Financial Accountant

• General Ledger, Purchase ledger and Sales ledger.
• Management of all accruals, prepayments and accounting adjustments.
• Stock reconciliation, and the booking of all necessary accounting adjustments.
• Monthly bank reconciliations.
• Reconcile staff expenses and pay in a timely manner.
• Daily banking of receipts and payments into our accounting system.
• The production of the UK & Ireland VAT returns and submission to local accountants for validation.

Reporting

• Monthly reporting of the financial result of the two entities, UK & Ireland to the Managing Director and head office.
• Quarterly consolidation and reporting to head office of the financial result.
• Periodic reporting of key controls and performance measuring data.
• Adhoc reporting and analysis.

Audit

• Year end audit preparation and closure of financial ledgers for both UK & Ireland entities.
• Assist with audit request and requirements from auditors to help ensure a timely audit closure.

Controls & Procedure

• Adhere and comply with group controls, to ensure the finance function is not compromised.
• Share relevant information with head office and international subsidiaries to align strategies and best practices.