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Financial Accountant

Michael Page Finance
Posted 3 days ago, valid for a day
Location

Banbury, Oxfordshire OX16 0UD, England

Salary

£45,000 - £55,000 per annum

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

info
  • We are looking for a Financial Accountant to join our Accounting & Finance department in Banbury.
  • The role requires managing financial tasks related to ongoing projects and involves responsibilities such as budget monitoring and compliance.
  • Candidates should have strong problem-solving skills, attention to detail, and considerable knowledge of accounting principles.
  • The position offers a competitive salary ranging from £45,000 to £55,000 GBP per annum.
  • A minimum of several years of relevant experience in financial accounting is required for this role.

We are seeking a dedicated Financial Accountant to join our Accounting & Finance department in our industrial/manufacturing facility located in Banbury. The successful candidate will be instrumental in managing and executing financial tasks related to our ongoing projects.

Client Details

The employer is a large organisation in Banbury, that prides itself on innovation and quality. Their operations span across Europe, and their team of professionals work diligently to maintain our leading status in the industry.

Please note this is an office based role on their Banbury site with the wider finance team.

Description

The Financial Accountant will have a wide range of duties supporting the month and year end tasks of finance team. This will include:

  • Responsible for setting up project job numbers, monitoring changes in budgets, ensuring we obtain correct/sufficient client approval of budgets and changes.
  • Review budgets before being sent to clients to ensure they are error free and in line with our normal rates and policies.
  • Ensure compliance with the clients' financial and contract practices.
  • Responsible for complete and accurate reconciliations of each budget in a timely manner, working closely with Project Managers to achieve this.
  • Raising sales invoices and distributing to the clients.
  • Active review of aged debtors and liaison with clients regarding overdue invoices.
  • Preparation of commission invoices.
  • Carry out due diligence and review clients to minimise bad debt exposure.
  • Posting payments to the ledgers, setting up urgent supplier payments and staff expense payments.
  • Prepare a basic weekly cash flow forecast for the CFO, FD & MD.
  • Prepare the quarterly VAT return.
  • Monthly review of completed profit margins.
  • Preparation of other month end reports such as GBP & Euro bank reconciliations, GL reconciliations, project pitch costs reporting.
  • Maintain accurate, current, detailed records and prepare periodic and ad-hoc reports for the MD, Project Managers and DF as required.

Profile

A successful Financial Accountant should have:

  • Excellent knowledge of financial regulations and accounting processes.
  • Strong problem-solving skills and attention to detail.
  • Excellent communication and teamworking skills.
  • The ability to manage large sets of data and compile detailed reports.
  • Must have considerable knowledge with basic accounting principles (i.e. Journal entries, debits, credits, etc.) and accounting functions. Accurate recording of job costs and reconciliations are key for this position.
  • Ability to work independently and complete duties and projects with little direct supervision
  • Ability to work accurately under pressure in meeting deadlines
  • Must have excellent organisational skills
  • Must be proficient with Excel
  • Good understanding of VAT

Job Offer

  • A competitive salary in the range of £45,000 - £55,000 GBP per annum.
  • The opportunity to work 5 days in the office located in Banbury.
  • A chance to work in a large and well established organisation.
  • A supportive and professional environment.

We encourage all candidates who feel they meet the above criteria to apply and join our dynamic team.

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.