Purchase Ledger/Expenses Accountant

Based in the city of London my client is an international Financial Services sector company.

They have an immediate vacancy for an expenses accountant/purchase ledger.

ACCOUNTS PURPOSE:

The Function of the Accounts Department is to;

• Reporting on the financial performance of the company
• Recording the assets and liabilities of the business
• Ensuring expenses and income are recognised in the correct time period
• Ensuring expenses are paid in a timely fashion
• Reporting  to external authorities on the business

The record keeping will be executed as outlined in department policies and procedures to meet both the strategic objectives of the business as well as delivering cost efficiency and automation.

JOB PURPOSE:

The Expense Accountant, as part of the Accounts team, will record the payable invoices into the company’s ledgers and prepare them for payment.

Key Responsibilities

• Record payable invoices into the accounting system.
• Record the VAT on the payable invoices in line with the company’s Partial Exemption Special Method.
• Allocation of the expense to the correct accounting period through the postings of accruals and prepayments.
• Report to Head of Finance and Heads of Revenue desks on period variances to budget as part of the month end cycle.
• Prepare batch file for weekly payment run for expense invoices.
• Prepare and report payment statistics.
• Ensure the Accounts Payable ledger is accurate, fully allocated and any old or outstanding items are reported to the Head of Finance.
• To prepare the forecasted expenses as part of the budget process.
• Maintain the Fixed Assets ledger and record the depreciation.
• Assist in the processing of company expenses and petty cash.

Person Specification

Qualifications

• A levels
• Part qualified Accountant would be an advantage AAT/CIMA/ACCA

Work Experience

• Previous experience of posting of journals into the accounting system and creation of accruals and prepayments.
• Knowledge of Sun accounting system an advantage.
• Previous experience within financial services preferable.

Key Skills

• Able to work with a high level of accuracy, to tight deadlines and with minimal supervision
• Excellent team player, assisting other staff members when necessary to get the departments work finished.
• Strong work ethic to complete tasks on their own.
• Strong Excel skills.
• Excellent written and verbal communication skills.

A basic salary circa £35000 plus 20% annual bonus, plus study, pension and health!