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Assistant Accountant Job Description
Reporting to the Head of Finance, the major duties, tasks, and responsibilities that make up the job role of Assistant Accountant, include the following:
General
- Ensure appropriate accounting policies are applied during the preparation of monthly accounts, monthly forecasts, and annual budgets.
- Supervise daily operations within the scope of accounts receivable and / or accounts payable.
- Authorize and oversee the processing of purchase orders within process.
- Collaborate with the Finance manager to ensure smooth running of the accounting procedures and Policies.
- Documentation, development and review of Business process and financial controls
- Be an advanced user of Microsoft Office tools.
- Be able to complete and Support the Monthly Payroll Process and HMRC Payments
- Ad-hoc guided tasks and reports
Regular Tasks
- Prepare Stock Valuation
- Prepare Cost of Sales Reconciliation
- Report on Cashflow and weekly key performance indicators
- Prepare review Nominal Account reconciliations.
- Ensure timely preparation and submission of VAT and other tax returns.
- Provide supplier support services and assist in the resolution of differences or problems.
- Support compliance with statutory accounting standards and audit practices
- Conduct monthly management checks and regular housekeeping activities to maintain an efficient financial system.
- Ensure regular Data backups are taken in line with policy.
- Report on income expenditure patterns
- Ensure accruals and prepayment concepts are applied to processed transactions.
- Prepare regular accounting reports to the management accountant to update them on company financial progress.
- Processing Monthly payroll.
Banking
- Oversee the collection, deposit, and reconciliation of bank funds and accounts.
- Process payments
- Support Invoice Discounting process
- Know and financial documents such as invoices and vouchers
