Assistant Accountant – AR at Zachary Daniels Recruitment

Assistant Accountant – AR | Global Luxury Brand

4 Month FTC Project (may be extended)

Up to £38k

Full Time in office | London West End

Available to start: ASAP

Our client is a Global luxury house and requires and experienced Assistant Accountant supporting the Finance Manager with an Accounts Receivable project.

As the Assistant Accountant you will need to have excellent Account Receivables experience and understanding to support with such a key project to the business.. The role requires to carry out support to the Financial Accounting Manager and assist with some aspects of the Financial Accounting function.

Reporting to the Financial Accounting Manager, the role will play an important part in insuring that all Statutory Group accounting compliance requirements are met. You will work closely with the rest of the finance department in order to ensure that consistency and best practice is developed and maintained across the finance function, proactively driving the ongoing improvement of business practices and performance across the team.

Work co-operatively and positively with all internal departments, providing excellent service and support and advice where applicable.

External will mainly be with the Group’s external auditors during the annual statutory audit.

Key responsibilities

Accounts Receivable Processing (50%)

Review the automated sales posting in SAP and respond to any variances

Review the aged accounts receivable

Monitor the follow up on aged debtors with accounts receivable administrator

Monitor the follow up on miscellaneous cash receipts with accounts receivable administrator

Ensure outstanding deposits, credit notes, gift vouchers and “on account” customer balances on retail system reconciles to SAP

Monitor the follow up of concession till differences

Perform a reconciliation between concession balances on sales ledger and concession statements and timely follow up of reconciling differences

Measure the risk of doubtful debts.

Monthly Close (20%)

Prepare monthly bank reconciliation and prepare corresponding journal entries

Perform balances sheet reconciliations for a number of accounts including

Trade receivables, credit card receivables, deposits, credit notes, gift vouchers, intercompany

Reporting Internal / Group (5%)

Assist the Financial Accounting Manager with information requests from Group

Assist the Financial Accounting Manager in the ongoing housekeeping of SAP

Assist the Financial Accounting Manager with SAP related information requests from Group/external implementation team

External Audit and Tax (10%)

Preparation of schedules and reconciliations for the year end statutory audit.

Other responsibilities working with the Finance team (15%)

Assist with the annual PSA submission

Provide occasional cover for the Assistant Financial Accountant – Accounts Payable

Monthly submission of ONS statistics

Ad-hoc analysis and project work.

Qualifications and Experience

Part qualified and currently working towards ACCA / CIMA or similar qualification

Background working within a finance department in a commercial organisation for at least 3 years or alternatively a mix of practice and industry experience. * SAP experience essential

Experience involving banking, account reconciliations

Team management useful, but not essential.

Competencies

Excellent communication and coordination skills

High level of computer literacy, proficient user of Microsoft Excel, Outlook and Word

Should be comfortable analysing large amounts of data and reporting the results

Professional, committed and organised approach to work with a drive for results and a customer service focus

Good analytical and problem-solving skills combined with attention to detail

Good oral and written communication skills

Flexible, humorous, and capable of multitasking

Ability to learn and be proactive and work in a team to achieve results.

BBBH28815