Sr. Officer - Finance & Accounts

LIZ Fashion Industries Ltd. (Bhaluka Unit); United Kingdom; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading textile company in the United Kingdom is seeking an experienced Financial Accountant. The ideal candidate will handle all financial transactions, monitor IOU settlements, and ensure compliance with tax regulations. Responsibilities include preparing management reports and maintaining accurate accounts, with proficiency in ERP and Tally Prime software required. This role is crucial for financial integrity and accuracy within the organization.

Qualifications

• Experience with ERP systems and Tally Prime software is essential.
• Strong understanding of tax and VAT regulations.
• Ability to produce management reports accurately.

Responsibilities

• Record and post all financial transactions in ERP/Tally Prime.
• Monitor IOU settlements and adjustments.
• Verify operational and supplier bills for compliance.

Skills

Financial transaction recording

ERP / Tally Prime software

Tax deduction and compliance

Monthly bank reconciliation

Accounts management

Job description

• Record and post all financial transactions in ERP / Tally Prime software, including Cash, Bank, and Journal entries
• Monitor and follow up on IOU settlements and adjustments within the approved timeline
• Verify daily operational bills and monthly supplier bills, and coordinate closely with the Internal Audit team for review and compliance
• Assist the Head of Department in preparing Monthly, Quarterly, and Annual Management Reports in line with audit and management requirements
• Ensure proper understanding and handling of Individual & Corporate Tax and VAT matters, including accurate tax deduction and timely deposit to Government accounts as per Bangladesh Income Tax Rules
• Maintain Provident Fund (P.F.) records and compliance under the supervision of the Department Head
• Prepare Monthly Bank Reconciliation Statements and submit reports to the Section Head
• Maintain accurate and up-to-date Accounts Receivable and Accounts Payable ledgers
• Perform any other tasks assigned by Management from time to time