Management Accountant

Job Title: Management Accountant

Salary: £50k - £60k DOE

Location: Central London, Office Based.

Summary

We are representing Europe's largest regeneration scheme located in London, looking to bring a management accountant on board due to continued growth. Building over 17,000 homes as well as offices, retail and infrastructure this project is changing the landscape of the area and offers a great opportunity for someone to be involved.

The ideal candidate will be close to qualifying either ACA, ACCA or CIMA and the company would look to support in their studies, post probation. They will have a couple of years' experience within a similar role within the real estate space, ideally within a smaller/medium size business.

Key Responsibilities:

• Taking full ownership of Trial Balance reconciliations for certain subsidiaries ensuring all balance sheet and income statement nominal ledgers are reconciled monthly and for the year-end audit. Assisting with the year-end audit.
• Preparation of monthly and quarterly management accounts.
• Supporting the existing 'Accounts Payable' function with invoice processing/approvals, supplier account reconciliations, payments, interdepartmental supplier queries and purchase order listings.
• Assisting with the preparation of monthly, quarterly and annual sales invoices. Maintaining the 'Account Receivable' ledgers and liaising with customers and other departments as necessary.
• Preparation and submission of CIS returns and supplier statements. Maintenance of the CIS contractor list including periodic reviews and verification of CIS status.
• Preparation of VAT returns including 'domestic reverse charges' as and when applicable.

Statutory & Management Reporting

• Monthly/Quarterly management account reporting for the relevant business entities to the Finance Manager and in turn to our Hong Kong investors.
• Improving management reporting for individual businesses within the group for different stakeholders
• Providing quarter-end variance analysis between actual and forecast.
• Take ownership of entity level Trial Balances ensure appropriate and accurate reconciliations for all nominal ledgers.
• Assist with the year end audit, liaising with the auditors as required.
• Assist with the provision of information to the groups tax advisers in preparation of figures for statutory accounts and tax returns.
• Preparation and submission of quarterly group VAT return. Review the application of the 'domestic reverse charge' if applicable.
• Calculating necessary CIS deductions, preparing supplier deduction statements, and assisting with submission of the monthly CIS returns.

General Ledger

• Monthly reconciliation of virtually all nominal ledger balances for a number of entities.
• Work with the Finance Team to manage the 'Accounts Payable' and 'Accounts Receivable' ledgers. Query and clear old invoices in the system by liaising with other departments, customers and suppliers.
• Review and maintain the outstanding 'Purchase Order' list to ensure relevant POs are closed on time.
• Maintenance of numerous fixed asset registers.
• Journal posting: WIP adjustments, VAT journals, monthly payroll journals and cash journals etc as required.
• Monthly import of transactions from other systems used by specialist areas of the business
• Elimination of intra-group transactions and other consolidation adjustments quarterly
• Recommending and implementing improvements to current systems and processes

Banking & payments

• Assisting with financial control over group payments, ensuring all payments are documented and signed off in line with internal controls.
• Review BACS/CHAPS payments prepared by Finance Assistant and processing CHAPS/BACS payments through Barclays for twice-monthly pay runs and regular ad- hoc payments.
• Updating the loan stock register for both group and 3rd party loans and managing interest payments to 3rd party lenders.

Budgetary Control

• Assist with the annual overhead and office budgets setting process. Review these costs on a monthly / quarterly basis with analysis and commentary of actual costs versus budget.
• Actively build and maintain strong relationships with non-finance colleagues to provide regular, meaningful analysis of spend to date against budgets.

Company Secretarial duties

• Assisting with Company Secretarial duties, including setting up and closing companies, yearly confirmation statements and filing accounts.

Benefits

• Competitive salary up to £60k DOE.
• Discretionary bonus scheme
• 8% pension contribution
• Study support to be agree post probation period
• Tickets for major London stadium and event space
• Local area discounts
• Free Thursday drinks in the office