FINANCIAL ACCOUNTANT- PRACTICE TO INDUSTRY

Armstrong Knight; Ilford; On-site; GBP 30,000 - 40,000; Full time

Job summary

A reputable accounting firm in Ilford is seeking a skilled accountant responsible for preparing management accounts, audits, and VAT returns. The ideal candidate is either qualified or a finalist from practice and possesses the necessary experience to ensure compliance with financial legislation. This position offers a unique opportunity to transition from practice to industry.

Qualifications

• Experience in preparing management accounts and forecasts.
• Knowledge of audit preparation and liaising with auditors.
• Familiarity with VAT return compliance and calculations.

Responsibilities

• Prepare quarterly management accounts and forecasts.
• Prepare audit files and liaise with auditors as needed.
• Ensure compliance with bank covenants.

Skills

Preparation of management accounts

Audit file preparation

VAT return preparation

Bank compliance

Education

Qualified or finalist practice accountant

Job description

Your role:

• Preparation of quarterly Mura management accounts and forecasts
• Preparation of companies' CTDs
• Preparation of audit files and liaising with auditors as required
• WLDL profit allocations and calculations of profit share (periodically and at year end)
• Caseware accounts and CT600s - developments and rentals
• Periodic review of solicitor suspense, trade creditor, and bank balances
• Reviewing development VAT returns
• Draft VAT registrations and OTTs
• Post site purchase and sales completion statements and set up control sheets where multiple unit sales
• Preparation of VAT returns to ensure compliance with legislation, including partial exemption calculations
• Ensure compliance with bank covenants for various loan facilities
• Authorising bank payments using online banking software
• Formation and strike-off of companies
• Support to team and business as required

This position is particularly suitable for practice candidates seeking their first foray into industry; applications are welcomed from qualified or finalist practice accountants.

Please apply if you have the prerequisite experience as detailed above, or call Armstrong Knight for further details about this opportunity.