Financial Accountant

Strategic Resources ERC Ltd; Watford; On-site; GBP 42,000 - 55,000; Full time

Job summary

Strategic Resources ERC Ltd. is seeking an experienced Financial Accountant for a fixed-term 12-month PAYE contract based in Watford. You will manage the general, purchase, and sales ledgers, handle accruals, prepayments and adjustments, and ensure timely VAT returns for UK & Ireland entities.

You will contribute to monthly and quarterly reporting to the MD and head office, assist with year-end audits, and uphold group controls across the finance function.

Qualifications

• Degree level or equivalent.
• Strong technical accounting skills with day-to-day exposure to accounting processes.
• Experience with UK accounting processes and controls.

Responsibilities

• General Ledger, Purchase ledger and Sales ledger management.
• Management of accruals, prepayments and accounting adjustments.
• Stock reconciliation and booking of accounting adjustments.
• Monthly bank reconciliations.
• Reconcile staff expenses and timely payments.
• Daily banking of receipts and payments into the accounting system.
• Production of UK & Ireland VAT returns and submission to local accountants for validation.
• Monthly reporting of financial results for UK & Ireland entities to MD and head office.
• Quarterly consolidation and reporting to head office.
• Adhoc reporting and analysis.
• Year-end audit preparation and closure of ledgers for UK & Ireland.
• Assist with audit requests from auditors to ensure timely closure.
• Adhere to group controls and share information with head office and subsidiaries to align practices.

Skills

Technical accounting

VAT knowledge

GL experience

Education

Degree level or equivalent

Tools

Accounting software

Job description

Our client an oil and gas Operator is seeking an experienced Financial Accountant to join their Finance team. This is a fixed term 12-month PAYE contract position. The role will be based in Watford.

Responsible for:

• 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.

Qualifications

Degree level or equivalent,

• Strong technical accounting skills with good day-to-day exposure to accounting processes.
• Able to play a key role in securing the stability and long-term of Client’s by ensuring risk management and control is continually performed.