Management Accounts Assistant

TN United Kingdom; London; On-site; GBP 30,000 - 50,000; Full time

Job summary

An established industry player is seeking a Management Accounts Assistant to enhance financial reporting and analysis. This role involves preparing management accounts, analyzing performance metrics, and collaborating with the Senior Management Team on budgets and forecasts. The ideal candidate will have experience with Xero and a strong understanding of financial processes. Join a dynamic team where your contributions will directly impact profitability and efficiency, and enjoy a collaborative work environment that values your expertise and growth.

Qualifications

• Experience in financial reporting and analysis to support decision-making.
• Knowledge of budgeting and forecasting processes.

Responsibilities

• Prepare weekly management accounts including KPIs and financial reports.
• Coordinate with the administrative team for supplier payments and invoice management.
• Maintain effective finance systems for billing, payments, and reporting.

Skills

Financial Reporting

Data Analysis

Xero

Forecasting

Budgeting

Education

Degree in Finance or Accounting

Professional Accounting Qualification

Tools

Xero

Job description

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Role: Work as a Management Accounts Assistant to provide expert, timely, and insightful financial reporting, analysis, and support. This includes transaction processing, system maintenance, and development to support the business in maximising profitability, realisation, and efficiency.

Job Description - Management Accounts Assistant

Key Responsibilities: The following outlines the areas of responsibility with typical tasks; additional tasks may be required based on business needs.

We require 4 days working from the office.

Requirements

Reporting and Analysis:

• Provide timely and insightful financial reports and analysis to support decision-making and goal achievement.
• Prepare weekly management accounts including KPIs.
• Analyze company performance, highlighting areas of concern or risk.
• Develop analysis to support sales strategies and measure their effectiveness.
• Prepare and issue timecard analysis for appraisals.
• Assist in preparing Strategy day reports.
• Develop forecasts and budgets in collaboration with the Senior Management Team.
• Ensure the company’s financial obligations are met by working with the Finance Director and team.
• Process month-end journals.
• Review monthly P&L and balance sheet, perform reconciliations.
• Assist with quarterly VAT returns in collaboration with external accountants.
• Establish timetable and manage day-to-day year-end processes, liaising with the Finance Director.
• Maintain the Fixed Assets register.
• Assist with year-end activities for the Company Secretariat.

Accounts Payable:

• Coordinate with the administrative team to set up suppliers, ensure accurate invoice entry, and timely payments.
• Oversee supplier invoice loading onto Xero (experience with Xero is required).
• Approve invoices for payment.
• Manage payment runs to ensure prompt supplier payments.
• Handle the internal expenses process, including review and validation of submissions.

Accounts Receivable:

• Work with the delivery team to raise invoices and collect cash efficiently.
• Assist in raising invoices and statements of accounts.
• Review debtor lists and liaise with relevant team members for collections.
• Process project cost write-downs and adjustments as needed.
• Prepare reports on write-downs, write-offs, and adjustments for review by the Finance Director.

Other Activities:

• Maintain effective finance systems for billing, payments, and reporting.
• Keep the chart of accounts accurate within the financial system.
• Maintain accurate time recording and expense codes, ensuring system alignment.
• Contribute to daily business operations.
• Participate in internal meetings and team activities.
• Keep technical skills and qualifications up to date.
• Ensure compliance with administrative requirements.
• Develop internal documentation and processes as needed.
• Work effectively within a flat team structure, supporting team activities.
• Support the business in any required activities as directed.