Description:

Functional Skills:

Profit & Loss Account

- Responsible for preparation of Profit and Loss account of the client.

- Ensure Sales posted in xero matches with EPOS sales.

- Reconcile sales and takings, if there are any discrepancies, take action to rectify issues and inform clients of such discrepancies.

- Supervise COGS analysis and organize meetings with clients to discuss if there are any variances.

- Ensure supplier reconciliation till the reporting date (month end) is finalized, missing invoices chased and posted in the system.

- Post payroll journals, review departmental costs, and analyse for any variances.

- Review expenses, reclassify wherever required, and make provisions if any information or invoices were missing.

- Ensure the period is closed after month end accounts after finalising P&L.

Balance Sheet:

- Prepare the FA schedules and post-month-end journals for depreciation.

- Ensure additions to the Fixed assets is communicated with the client and have the Approval for that.

- Ensure Accounts receivable are reconciled, including card /cash takings, vouchers/deposits, etc.

- Review the Aged creditors report, analyse the ageing and if any unusual are there, make sure that communicated with client.

- Reconcile all statutory payments i.e., Payroll, Pension, PAYE, AEO, VAT at the date of the Balance sheet.

- Prepare and reconcile other balance sheet items - current assets & liabilities and long-term liabilities are reconciled at the date of the Balance sheet.

Operational:

- Regularly review outstanding bank queries and support team to resolve them.

- Regularly review Accounts payables report and ensure ledgers are reconciled.

- Review of Approval max workflows frequently and update if any changes are required.

- Responsible for reviewing and filing quarterly VAT returns.

- Preparation of year-end Audit Pack.

Roles & Responsibilities

- Ensure all information required for the deliverable is received from the client within the timeline as per the Wenodo SOP.

- Manage client expectations and ensure experience with wenodo is positive.

- Review and ensure the accuracy of reports sent to clients like GP tracker, Cash Flow, Payment list.

- Ensure team adheres to the due dates and all tasks are completed within the due date and click up is upto date.

- Identifying the training requirements for Level I and Level II.

- Deliverables should be out to the client in the first session on the date of delivery.

- Maintain Xero ledgers, set up rules for Auto entry, bank reconciliations to improve productivity and minimize the errors.

- Maintain the Share point folders as per SOP.

- Reporting to seniors for any delays in the reporting well in advance.

- Ensure all statutory payments (Corporation Tax, PAYE & VAT) are made in a timely manner.

- Actively encouraged to enhance and develop new working methods and processes for Management accounts reporting.

- Ensure the client operations are followed very strictly on daily /weekly timelines.

- Train the team on client expectations and requirements.

- Assistant Manager should be able to cover associates tasks when they are on leave.

- Ensure respond to emails on a timely basis (Freshdesk, Emails or client emails)

- Participate in ad-hoc projects as required.

Requirements

- Technically strong accounting skills

- Good Analytical skills

- Hands-on experience with MS Excel and accounting software (e.g. Xero)

- Ability to handle sensitive, confidential information.

- Strong attention to detail

- Organisation and prioritisation skill to meet deadlines