We are seeking an organised and detail-oriented Finance Assistant to be responsible for a sub-contractor ledger within this established business. You will be responsible for maintaining the sub contractor ledger, with a specific focus on financial interactions with subcontractors. This is a key role in ensuring that our financial records are accurate, compliant with regulations, and effectively support our wider business teams. This role offers 2 days working from home, after suitable training and can be offered on a full time or part time basis (minimum 30 hours).
Key Responsibilities:
- Maintain detailed records of all payments made to subcontractors, including gross amounts, deductions, and net payments.
- Oversee the management of Construction Industry Scheme (CIS) deductions, ensuring full compliance with HMRC regulations.
- Provide a thorough and organised audit trail for all transactions with subcontractors
- Maintain a database of subcontractor details,
- Generate detailed financial reports for project managers and subcontractors
- Ensure that all transactions are in line with legal and tax obligations, particularly in relation to CIS requirements.
- Ad hoc support to larger finance team - copying, filing
Skills and Experience:
- Experience working with subsidiary ledgers, CIS deductions, or within the construction industry finance sector is highly preferred although not essential .
- Strong understanding of CIS compliance and its requirements for contractors and subcontractors is highly preferred although not essential .
- Excellent attention to detail and ability to maintain accurate and comprehensive financial records.
- Strong communication skills, both written and verbal, with the ability to generate clear financial reports.
- Familiarity with accounting software and systems, including ERP or financial management tools.
- Knowledge of HMRC regulations and the ability to stay up to date with changing laws related to subcontractor payments and CIS.