Demo
Finance Officer Job description We are a detergent manufacturing company that is going through rapid growth in our product portfolio and are looking for a Finance Officer to head up our Accounts Dept. This is an excellent opportunity to join a growing, forward-thinking team. The ideal candidate will be a self-starter who possesses a strong understanding of financial principles.
What you will be doing
● Credit Control
● Purchase Ledger
● Finance Reporting
● Overseeing Payroll
● Overseeing Bookkeeping
● Working with the Admin Assistant
● Ad-hoc projects are given by the Company Director/General Manager Role
Role Responsibilities
Purchase Ledger
● Responsible for purchase ledger
● Supplier payment runs seeking invoice approval where necessary
● Monitor and reconcile supplier accounts regularly
● Bank reconciliation
● Petty cash reconciliation
● Credit card expenses
● Resolve internal and external financial queries
● Generate reports detailing accounts payables status
Credit Control
● Proactively follow up on overdue debts within established guidelines.
● Resolve account inquiries and ensure accurate allocation of received payments.
● Issue correct invoices where discrepancies are found.
● Manage cash allocations from various sources.
● Respond to inquiries from customers, suppliers, and other third parties.
● Proactively contact relevant parties to follow up on unpaid balances.
● Investigate discrepancies and denials, taking necessary steps for resolution.
● Monitor contested accounts and implement solutions to resolve disputes.
Finance Reporting
● Prepare monthly financial statements including cash flow, profit and loss, and balance sheets.
● Liaise with external accountants to help prepare annual accounts.
Oversee Payroll / New Staff Enrolling
● Ensure accurate and timely processing of payroll, using the company Payroll Software.
● Monitor and maintain payroll records, ensuring compliance with all applicable laws and regulations.
● Process new hires, terminations, and changes in employee information.
Oversee Bookkeeping Activities
● Ensure accurate and complete financial records are maintained in compliance with UK accounting standards.
● Monitor and review financial transactions to ensure accuracy and consistency.
● Maintain a systematic and organized filing system for financial documents.
● Quarterly VAT Return and Filing.
● Review financial statements showing business income and expenditure. Optimise processes for efficiency
● Contribute to the ongoing development of improved workflows and procedures.
● Undertake necessary performance measures such as audits to make sure internal processes are being followed.
Foster positive relationships
● Build and manage strong connections with key stakeholders both internally and externally to promote collaboration. To be successful in this role you should have
● A ‘Can Do’ attitude.
● Excel skills – i.e. competent with pivot tables, VLOOKUP’s, and IF functions with the ability to design appropriately formatted tables, reports, and charts.
● Extensive knowledge of understanding company financials and analyzing financial data.
● At least 3 years of proven experience running a small finance department, ideally within an SME.
● Eligibility to work in the UK.
● Have had a previous role in credit control.
● Be patient, and professional and ideally have some experience in customer service.
● Experience using Quickbooks accounting software is desirable.
● High attention to detail.
● Confident and professional manner.
● Ability to work well as part of a team.
● Excellent interpersonal and communication skills.
You will benefit from
● Company pension
● On-site parking
● Stocked fridge with essentials
● 28 days holidays, including Bank Holidays
Location: Waltham Abbey, EN9
Job Type: Full-Time, On-Site. 9 am-5 pm
Salary: £36k p.a.
Education:
● Qualified (AAT/ACCA/ACA/CIMA) (preferred)
Experience:
● Finance: 3 years (essential)
● Credit Control: 2 years (preferred)
● Payroll: 2 years (preferred)
● Quickbooks or Xero: 1 year (preferred