ACCOUNTING MANAGER
JOB TITLE: Finance/Accounting Manager
REPORTING TO: Managing Director + Part-Time Financial Director
DEPARTMENT: Finance
LOCATION: London Office (130 Buckingham Palace Road)
START DATE: Asap
CONTRACT: 37.5 hours per week / 3-month probationary period
THE ROLE:
Responsibilities:
Finance and Accounting Operations:
- Ensure all finance functions and accounting records are accurately maintained and updated in a timely manner.
- Undertake all primary bookkeeping tasks, ensuring all income and expenses are approved, accurately recorded, and VAT is correctly treated.
- Initially, manage outsourced accountants, but to save costs, consider scaling outsourced accountants back to only handling payroll and annual accounts.
- Conduct regular reconciliations, including weekly reconciliations between all accounting systems, bank accounts, debtors, creditors, monthly income, and actual vs. budget cost summaries.
- Reconcile customer and supplier deposits, payments, and invoices, ensuring they match sales.
- Manage Purchase Order process interdepartmentally to ensure full and detailed clarity on company expenditures.
- Maintain all fixed asset registers, ledgers, and control accounts accurately.
- Assist in the preparation of management and statutory accounts and support the preparation of year-end files for internal and external review.
- Assist with the monthly stock reconciliation and attend physical stock takes as required.
Financial Management and Reporting:
- Assist with cash flow management and maintain P&L for all individual cost-centres within business.
- Prepare VAT returns, ensuring timely submission.
- Create payment runs on a fortnightly and ad-hoc basis.
- Establish and implement financial reporting systems to comply with all regulations and legislation, ensuring the company always remains compliant.
- Assist in the preparation of budgets and financial plans for the company, incorporating appropriate market research.
- Establish new Month-End reporting structure and inventory stock-take procedures.
- Prepare payroll submissions for the Managing Director to review, prior to submission to the third-party payroll bureau.
- Assist the Finance Director and Managing Director in presenting all financial reports to stakeholders and board members.
Cost Control and Efficiency:
- Identify cost savings and efficiencies for the company.
- Undertake credit control as required.
Collaboration and Compliance:
- Liaise closely with other departments on all financial and compliance aspects.
- Identify and propose improvements to the finance function.
- Undertake project work as needed.
Personal Qualitities:
- Bachelor’s or master’s degree in Finance, Business, Economics, or a related field.
- Part-qualified ACA, ACCA, or CIMA accounting qualification is desirable.
- Several years of experience in a fashion/retail business environment.
- Management experience, with proven leadership, organizational, and interpersonal skills, and a high attention to detail.
- Excellent written and verbal communication skills.
- High degree of honesty, integrity, and reliability.
- Strong critical thinking and problem-solving abilities, with excellent research and analytical skills.
- High level of computer literacy, especially in Excel and Xero.
If you are interested in applying, please email your CV here. Thank you!