An exciting opportunity has arisen to work for an established and extremely successful Property Development Company located in South London who operates mainly within the M25 area. This role is for an Accounts Assistant that has a strong academic background in Accounts, Business Studies, Mathematics and/or Economics, together with some experience, specifically in Purchase and Sales Ledger Accounting, VAT, CIS (Construction Industry Scheme) and Bank Reconciliations.
Key Responsibilities
• Preparation of weekly payment run listing invoices that are due for review and have been approved by the authorised personnel. This entails invoice grouping, sorting and verifying them with the person responsible for the purchase of such goods/services
• Ensuring that invoices pertinent to the entity are posted to correct SPV’s, nominal ledger account code with relevant UTR reference, in the correct accounting period and posted in correct category in line with appraisals
• Ensuring the correct value and coding of VAT and CIS is applied and recorded which involves knowledge of industry VAT/CIS regulations
• Posting of invoices to accounting database in accordance to applicable nature of expense (i.e. Revenue expenditure OR capital expenditure) and taking into consideration Cut-Off and Classification
• Following all relevant credit control functions, by raising rental invoices and sending out to tenants, ensuring payments are received promptly
• Filing of prime documents including, supplier invoices, sales invoices, bank statements, journals with relevant coding and cross-references, ensuring document flow and control is always in place and in line with company accounting policies and procedures, which are readily available in reference to audit and other queries
• Maintains records of supporting documents such as invoices, bills, schedules, lease agreements mortgage agreements and so on
• Methodical coding and scanning of all the documents for CIS / VAT returns and providing support for UTR draw down invoices requisitions
• Liaise with acquisition team to get the paperwork, information and documentation in order
• Resolving supplier/customer accounts related queries, keeping records of amendments and following up matters until resolved
• Reconciliation of supplier statements and performing bank reconciliations, with the assistance of the Financial Accountant
• Assist Financial Accountant with maintaining audit file, National Statistics form submissions, auditor queries, VAT returns queries and provide summaries, whilst performing monthly adjustments where necessary
• Reconciliation of supplier statements and performing bank reconciliations in Sage with reference to weekly pay-run sheets
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• Liaise with Company’s advisers, external accountants, auditors in relation to external notices; letters and other correspondences receive (i.e. Notices from Companies House, HMRC and so on)
• Liaising with supplier, operational managers and consultants where appropriate
• Participate actively in various internal projects and other ad-hoc duties as required
• Timely and accurate recording and inputting of:
o Supplier invoices and liaison with supplier
o Sales invoices / credit notes and credit control
o Preparation of weekly payment run
o Reconciliation of group bank and intercompany balances
o Month end journals and updating audit file for interim/annual audit
o Employee expenses claim sheets and similar expenses
o Prepare and maintain expenditure log for completed projects - (post completion costs)
o National Statistics forms completion and submission
Knowledge, experience and Attributes
• Academics in Accounts, Business Studies, Mathematics and/or Economics
• Minimum 1 years’ experience in a similar role
• CAT or AAT qualified and/or studying professional ACCA, ACA or Cima qualifications
• experience of Purchase Ledger, Sales Ledger, VAT, CIS (Construction Industry Scheme) and Bank Reconciliations
o Some knowledge of CIS Schemes is advantageous, but not essential. Full training will be provided to the successful Candidate
• Have a good understanding of accounting principles (i.e. Double entry, accruals/prepayments deferred income) with ideally some experience in property construction or the property development industry
• Can do attitude, eager to learn, ability to multi-task and meet deadlines
• Ability to work within a team and collaborative setting
• Excellent communication skills are essential
• Excellent attention to detail with a high level of accuracy
• Strong IT skills and an excellent working knowledge of MS Applications
• A warm, energetic, enthusiastic individual with a positive attitude
• Must be able to work in a fast paced environment, be resilient and calm under pressure
• Must be confident, persistent and professional at all times
• Must be approachable and proactive
We are looking to hold interview next week and advice to apply only if you have relevant attributes as mentioned above.
Thanks and good luck.