This position is open to candidates who currently hold an accountancy qualification.
An international trading company is currently recruiting for a management accountant to work for half of the working week in their head office near Tower Bridge, and the other half at a branch of their famous global restaurant chain in the heart of central London.
-To be responsible for the management of all general accounting and financial
management of the companies MHRD & BGSC above.
-To provide the Head of Finance of the London office, the General Manager of MHRD
& BGSC meaningful and timely management information on the companies directly under your responsibility.
To assist proactively with cost containment, revenue enhancement, profit
improvement opportunities and safeguarding of the company assets.
-To maintain proper and complete accounting records of the companies MHRD & BGSC.
-To ensure that the accounts, records and transactions are accurate and correct at all
-To ensure that all transactions are well supported, valued and authorized
-To ensure that transactions are recorded in a timely manner and posted to
the respective ledger accounts
-To ensure that cash books are maintained and reconciled on a daily basis.
-To ensure that all transactions are recorded following UK GAAP.
-To ensure that supplier's accounts are reconciled with supplier's statements periodically and accounts payable paid in a timely basis.
-To ensure that all revenue is adequately recorded in a timely manner and
receivables collected within the credit periods established.
-To prepare the financial statements and reports of the companies.
-Obtain and maintain a thorough understanding of the financial reporting and general ledger and ensure that all balances are reconciled on a regular basis.
-To ensure an accurate and timely monthly, quarterly and year end closing.
-To ensure the timely reporting of all monthly financial information to management as a tool for maximizing profits and planning for the future.
-Reports which should stimulate management action.
-To supervise the daily banking transactions and the monthly bank reconciliations.
-To advise staff regarding the handling of non-routine reporting transactions.
-To Respond to inquiries from the Head of Finance of the London office, General Manager of the London Office, General Manager of MHRD, Group Director of Finance or Controller, and other finance and group wide management regarding financial results, special reporting requests and the like.
-To ensure all financial reporting deadlines are met. 10th day after month end.
-To assist in development and implementation of new procedures and features
-To enhance the workflow of the department.
-To work with each member of the accounting team in a collaborative manner with a focus on meeting goals and objectives for each year.
-To support management with special projects and workflow process improvements.
-To compile , together with the other executives, budgets and forecasts covering all restaurant activities in the UK.
-To compile treasury/cash flow forecasts for the business.
-To implement all necessary controls to safeguard the assets of the companies and maintain adequate insurance coverage for all assets.
-To ensure that the London office computer systems and their software are fully utilized, well safeguarded and properly maintained.
-To ensure that there are, at all times, proper procedures and controls for the cashiers in the restaurant(s).
-To ensure that there are, at all times, proper procedures and controls for purchasing, receiving, stores and requisitioning.
-To ensure that physical inventories of all supplies are being taken on a monthly basis and of all operating equipment on a quarterly basis.
-To ensure that the credit and collection policies are implemented adequately in the companies.
-To ensure that payments are properly calculated, authorized and paid on a timely basis to employees.
-To ensure returns, declarations and administration are properly handled concerning
Inland Revenue, Pension Trustees and other relevant bodies.
-To ensure that proper deductions are made at all times for PAYE, NI, pensions and
other relevant items.
-To ensure that payments and returns are made accurately and on a timely basis to
Customs and Excise in respect of value added tax.
-To ensure that compliance is continuous and that refunds are appropriately kept for
inspection by external bodies.
-To provide information required for the preparation of corporation tax computation.
-To assist in the preparation of the year end statutory accounts.
-To ensure that any disbursements made in cash are properly authorized and
adequately supported by documentation.
-To ensure that the float is verified periodically.
-To keep and safeguard contracts and agreements.
-To liaise with external and internal auditors in compliance with the group
-To liaise with external advisors.
-To ensure the companies are compliant with statutory records, such as shareholder
registers and minutes books.