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Accounting and finance assistant

Ibstock
Lilley & Co
Finance assistant
Posted: 5 April
Offer description

Job Description

Job Summary

We are seeking a detail-oriented and proactive Accountant/ Finance Assistant to join our team. The ideal candidate will have at least 3+ years of experience in accounts payable/receivable and reconciliations, with a strong proficiency in QuickBooks software. This role is crucial in managing the accounts payable /receivable process, chasing outstanding invoices, performing reconciliations, and handling supplier-related finance functions. A solid understanding of accounting principles, along with relevant qualifications such as AAT or part ACCA, is essential for success in this position.

Key Responsibilities

1. Invoice Management:

- Review, verify, and process incoming invoices promptly.

- Chase outstanding invoices and follow up with customers to ensure prompt payment.

- Maintain accurate records of all invoices and payment statuses and update relevant software.

2. Project management

- Reconciling contractor payment certificates against invoices

- Review and maintain retentions, and chasing payments when due

- Assist project managers with financials when required

2. Accounts Payable: this section is really holiday cover only as Therese does all of this

- Manage the accounts payable ledger, ensuring all transactions are recorded accurately.

- Process staff expenses and ensure timely reimbursement.

- Send out remittances/statements when supplier payments are made.

- Prepare and process payment runs, ensuring compliance with company policies and procedures.

- Assist in the resolution of discrepancies and disputes with suppliers.

3. Reconciliation:

- Perform daily/monthly reconciliations of accounts receivable and bank receipts.

- Perform daily/monthly reconciliations of accounts payable and supplier statements.

- Investigate and resolve any discrepancies identified during the reconciliation process.

- Prepare/update reports/general ledger on accounts payable and outstanding invoices for management review.

4. Customer and Supplier Relations:

- Build and maintain strong relationships with suppliers /customers to facilitate smooth transactions.

- Monitor relevant email account and manage queries with suppliers and internal job managers.

- Address supplier inquiries and resolve issues related to payments and invoices.

- Collaborate with other departments to ensure accurate and timely processing of supplier-related transactions.

5. Financial Reporting:

- Assist in preparing financial reports related to accounts receivable, accounts payable and supplier expenses.

- Monitor cash balances and produce cashflow report with support from finance team/senior accountant.

- Provide insights and recommendations for improving accounts payable processes and efficiency.

- Report on job profitability, and work in progress to directors

6. Compliance and Controls:

- Ensure compliance with internal controls and financial policies.

- Assist in audits/review related to accounts receivable, payable and supplier transactions.

Qualifications

- Bachelor’s degree in Accounting, Finance/ AAT or part ACCA or a related field.

- Minimum of 3 years of experience in accounts payable, invoice management, and reconciliations.

- Strong proficiency in QuickBooks software is essential.

- Detailed understanding of accounting principles and practices.

- Excellent attention to detail and organisational skills.

- Strong communication and interpersonal skills is a MUST

- Ability to work independently and as part of a team.

Preferred Credentials

- Experience in a similar role within an industry or accounting firm.

- Knowledge of relevant regulations and compliance standards.

- Able to travel to Guernsey 3-4 times a year.

What We Offer

- Competitive salary and benefits package.

- Opportunities for professional development and career advancement.

- A collaborative and supportive work environment.

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