Accounting and Finance Coordinator

3 weeks ago

Liverpool, Liverpool, United Kingdom index Full time

Financial Accountant

Location: Hybrid Work Model

Employment Type: Part-time (schedule to be determined with the selected candidate)

The Financial Accountant is essential in overseeing the financial activities of our global recruitment organization. This position encompasses standard accounting duties such as generating financial statements, managing ledger entries, ensuring regulatory compliance, and supervising accounts payable and receivable. Furthermore, the Financial Accountant will be tasked with calculating and processing commissions for our recruitment consultants and research personnel, guaranteeing precise and prompt payments.

Key Responsibilities:

  • Prepare and uphold precise financial documentation and reports, including balance sheets, income statements, and cash flow analyses.
  • Manage and reconcile the general ledger.
  • Calculate and distribute central costs among various group entities.
  • Oversee and execute accounts payable and receivable functions.
  • Compile monthly, quarterly, and annual management accounts.
  • Assist in month-end and year-end closing activities, coordinating with external accountants as necessary.
  • Reconcile transactions within the banking and financial systems, ensuring correct allocation to respective group entities.
  • Develop cash flow forecasts and budgets as needed, incorporating input from senior management.
  • Prepare payroll data for payroll service providers and secure approval from senior management.
  • Calculate and manage commissions for recruitment consultants based on performance metrics and company guidelines.
  • Ensure the accurate and timely disbursement of commissions and bonuses.
  • Maintain comprehensive records of commission structures, calculations, advances, and payouts.
  • Analyze financial data to identify trends, discrepancies, and potential cost-saving opportunities.
  • Provide financial insights and recommendations to management for informed decision-making.
  • Assist in the preparation of management reports and presentations.
  • Establish necessary financial processes and ensure adherence to financial controls.
  • Stay informed on relevant finance and tax legislation and regulations.
  • Engage in continuous improvement initiatives to enhance financial processes and systems.
  • Conduct ad hoc financial analyses and special projects as required. Perform additional tasks as reasonably requested by senior management.

Qualifications and Experience:

  • Bachelor's degree in Accounting, Finance, or a related discipline, or a comparable prestigious qualification.
  • Professional accounting certification (e.g., CIMA, ACA).
  • A minimum of 3 years of post-qualification experience in financial accounting, ideally within the recruitment or staffing sector.
  • Strong understanding of accounting principles and financial regulations.
  • Proficiency in accounting software (e.g., Xero, QuickBooks, Sage, or similar).
  • Advanced Excel capabilities and experience in financial modeling.
  • Exceptional analytical, problem-solving, and organizational skills.
  • High level of attention to detail and accuracy.
  • Strong communication and interpersonal abilities.
  • Capability to work independently as well as collaboratively within a team.

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