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Financial Analyst

2 months ago

Willenhall, Walsall, United Kingdom Paramount Children Full time

Paramount Children, a specialist provider of children's care and residential services, is seeking an experienced Assistant Accountant to join their finance team. Reporting directly to the Head of Finance, this role will play a crucial part in maintaining the company's financial health and ensuring accurate financial reporting.

  • Key Responsibilities:
  • Manage and maintain the company's ledger and daily financial transactions, ensuring accuracy and compliance with financial regulations.
  • Analyze debtor and creditor accounts to identify areas for improvement and optimize cash flow.
  • Arrange timely payments to suppliers, ensuring smooth operations and maintaining good relationships with vendors.
  • Conduct cash flow analysis to inform business decisions and optimize financial performance.
  • Manage the sales ledger, ensuring accurate and up-to-date records of customer transactions.
  • Create and send invoices to customers, ensuring timely payment and minimizing bad debt.
  • Coding of invoices to ensure accurate financial reporting and compliance with tax regulations.
  • Prepare and present month-end profit and loss statements for review by senior management.
  • Utilize Xero accounting software on a daily basis to manage financial transactions and maintain accurate records.
  • System Skills:
  • Proficient in Xero accounting software.
  • Advanced Microsoft Excel skills, with experience in data analysis and financial modeling.