England, London
£55000 - £80000 per annum
12 Oct 2016
19 Oct 2016
Reza Massin
Experience Levels
Qualified Accountant
Contract Type
Full Time

1. Manage Cash flow

Debtors and Creditors

* Ensure that the correct charges are reflected and that supporting documentation is available
* Assist the business development team to drive the form of payment to credit card option
* Resolve queries and build relationships with clients to support the inflow of cash
* Oversee reconciliations for correctness, test to ensure that the processes have been properly followed so that payments can be made
* Deal with financial technical issues as escalated by the team

Billing Settlement Plan

* Oversee to ensure that all tickets issued are invoiced and that all queries (debits and credits) are reconciled and paid in respect of EMEA


* Oversee to ensure that overdraft limits are adhered to
* Monitor bank accounts to ensure that cash flow is balanced and that there are sufficient funds to pay creditors
* Access funds from call accounts to ensure cash flow is maintained at the required level
* Give instruction to pass the journal and obtain further authorisation as necessary, depending on the required delegation of authority level
* Invest monies into call accounts as appropriate within the company cash management strategy
* Oversee corporate credit cards expenditure and payments


* Oversee the financial aspect of the payroll ensuring that payroll is properly processed and balanced in respect of the Region
* Oversee to ensure that all statutory requirements are fulfilled and that third party payments are made

Statutory Returns (regional and global)

* Compile statutory returns for the Region including Tax, VAT, and payroll related payments
* Provide Health and Safety returns as required

2. Prepare Management Accounts

* Ensure that each section of the management accounts balances and reflects the true picture
* Report in writing on variances to budget, with commentary, on a monthly basis
* Provide management reporting in respect of e.g. daily cash flow , weekly age analysis and debtors report
* Analyse the gross profit of the Regions and highlight potential pitfalls to the Head of the Region in terms of financial wellness and achievement of the budget
* Ensure that management accounts are ready for the year end audit
* Assist and support auditors to meet deadlines

3. Manage Department

* Allocate work to the financial shared services team and ensure the proper segregation of duties
* Liaise with the team leaders directly in terms of quality standards and take corrective action if needed
* Conduct the Performance Planning Session with direct report and compile the Performance Management documentation in terms of:
- Key Performance Areas
- Personal Development Plan

* Track and monitor performance in accordance with processes, procedures and performance planning documentation
* Initiate pro-active and corrective action as required to ensure service delivery
* Monitor the functioning of the department and continuously provide feedback, coaching and training to ensure that the finance team performs at optimum productivity level
* Manage staff member in terms of day to day issues such as timekeeping, absenteeism, leave and the quality of work produced

Personal Specifications

* Diplomacy: The ability to communicate effectively and efficiently at all levels in the organisation
* Flexibility: The ability to remain flexible in terms of the requirement of the owner
* Commercial: The ability to help the decision makers of the business identify opportunities to grow the organisation
* Intelligent: The ability to apply the principles of problem solving techniques to identify and resolve a problem
* Timely: The ability to manage time effectively and efficiently

Reed Specialist Recruitment Limited is an employment agency and employment business.