Assistant Management Accountant

3 weeks ago


Hemel Hempstead Industrial Estate, United Kingdom Aila Recruitment Full time

**Assistant Management Accountant**
**£40,000-45,000 + bonus, benefits & flexible working**
Aila is excited to announce that it’s in a partnership with a leading, private equity backed hospitality business that has grown at a phenomenal rate since its inception in 2008. They have recently announced a new acquisition which has increased their portfoliosize from 7 to 20 sites and has now got a £300m t/o. They have grown rapidly and have become a true leader in the industry, and they’re not finished yet.
Although they’re ambitious with their growth plans and would like people that share their excitement for growth, wanting to work in an ever-changing and fast paced environment. They genuinely have a welcoming and inclusive culture. They are keen on hiring peoplewho are progressive and open to taking on new tasks in the business.
We’re looking for an ACA/ACCA/CIMA part qualified Accountant to join the business as an Assistant Management Accountant and take control of their liquidity and cash flow. This position will require an individual who can ensure the treasury function runs smoothlyand ensure accurate accounting for cash flows for the business.
**Key Responsibilities**:

- Responsibility for the preparation of bank account reconciliations and that transactions are accounted for correctly
- Business partnering with sites and internal teams to implement cash procedures to allow proactive rather than reactive approach
- Responsible for the Group’s Balance sheet reconciliation for period end for float, petty cash, bank rec, PDQ
- Ensuring all debt interest payments and finance lease payments are accounted for duly paid
- Review and sign off monthly cash flow statement in the management accounts
- Ensure the reconciliation between the direct and indirect cash flow is fully understood
- Responsible for the preparation of the weekly 12-week cash forecast ensuring key data inputs and assumptions are aligned with the FP&A and Accounts Payable team
- Seek to continuously improve the forecast to drive forecast accuracy
- Issue the weekly cash forecast report documenting key assumptions, changes vs prior forecast and make recommendations to manage performance vs. cash targets
- Partner with Procurement on working capital initiatives to improve cash flow and forecast
- Be the primary point of contact for merchant providers and banking partners for all matters relating to operational business
- Ensure timely payments, posting of receipts and card transaction reconciliations, allocate payments and investigate any queries

This role is an excellent opportunity for someone already working in a large business in a treasury function or someone who has done some management accounts and wants to diversify their accounting experience. There is significant potential here for makinga mark in a dynamic, ambitious business, and requires an individual who gains satisfaction from getting into the detail.


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