OMS is an fast-growing, dynamic training and consultancy company, based in Leicestershire, with clients throughout the UK. An exciting opportunity has arisen for a Finance Manager to join our growing team, who are passionate about making a difference to our clients.
We are seeking a highly organized and detail-oriented Management Accountant to lead our finance team. The ideal candidate will play a crucial role in managing day-to-day financial operations, ensuring accurate financial reporting, and supporting the business in achieving its financial objectives. This role involves a wide range of responsibilities, including producing customer invoices, maintaining financial records, handling reconciliations, and supporting the production of monthly management accounts.
Key Responsibilities:
Financial Reporting and Analysis:
· Prepare and deliver daily reports on progress to forecast, order intake, and cash collection.
· Assist in producing monthly management accounts by liaising with the Divisional Accountant.
· Manage and report on accruals and prepayments to ensure accurate financial reporting.
· Maintain and update the fixed asset register, ensuring timely and accurate posting of monthly depreciation.
· Monitor and maintain accurate records of company assets, ensuring proper documentation and reporting.
Customer and Supplier Transactions:
· Produce and issue customer invoices using Xero, ensuring accuracy and timely delivery.
· Create and maintain customer records on the Xero sales ledger, ensuring data integrity.
· Reconcile receipts from customers and manage credit control to minimise outstanding debts.
· Post accounts payable invoices and maintain accurate supplier records on the Xero purchase ledger.
· Pay suppliers in a timely and accurate manner while managing cash flow effectively.
Banking and Reconciliation:
· Perform bank reconciliations, including managing company credit card transactions and reconciliations.
· Oversee the management of debtors, ensuring timely collection and resolution of outstanding balances.
Payroll and Expense Management:
· Process employee expense payments and ensure accurate and timely reimbursement.
VAT Reporting
· Generate the monthly VAT return using Xero, ensuring all relevant transactions and adjustments are accurately recorded.
· Review and verify the VAT return for completeness and accuracy.
· Prepare the VAT figures for submission, ensuring they are aligned with the VAT group return.
· Collaborate with the finance team to ensure the VAT return is incorporated into the overall VAT group return on a monthly basis.
· Ensure timely submission of the VAT return to meet compliance deadlines.
Withholding Tax
· Gather and compile all necessary documentation and certification related to withholding tax for the quarter, ensuring accuracy and completeness.
· Reconcile withholding tax amounts against relevant financial records and transactions to ensure consistency and compliance.
· Verify the accuracy of tax deductions, ensuring all relevant certifications are up-to-date and properly filed.
· Prepare and organize the withholding tax submission, ensuring all supporting paperwork is included.
· Submit the completed withholding tax return in a timely manner, adhering to regulatory deadlines and requirements.
Audit Preparation:
· Assist in preparing documentation and information for the annual audit.
· Provide accurate and complete financial records to auditors and assist with any queries.
Administrative and Office Support:
· Process examination reports and manage the distribution of owner's manuals.
· Maintain and report on monthly headcount, ensuring records are accurate and up to date.
· Monitor and order office supplies, ensuring the smooth running of office operations.
Qualifications and Experience:
· Part or fully qualified accountant (ACCA, CIMA, AAT or equivalent).
· Proven experience in management accounting, ideally within a similar role.
· Experience with Xero software is essential.
· Experience with payroll and expense management is advantageous.
· Strong background in financial reconciliations and banking processes.
Key Skills and Competencies:
· Strong understanding of accounting principles and financial reporting.
· Proficiency in Xero and Microsoft Excel.
· Excellent attention to detail and strong organizational skills.
· Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
· Effective communication and interpersonal skills, with the ability to liaise with both internal and external stakeholders.
· Strong credit control and reconciliation skills.
· Ability to work independently as well as part of a team.
What We Offer:
· Competitive salary based on experience.
· Opportunities for career growth and development.
· A supportive and dynamic work environment.
Job Type: Full-time
Pay: £35,000.00-£45,000.00 per year
Benefits:
* Company events
* Company pension
* Free parking
* On-site parking
Work Location: In person