Senior Accountant - Abergavenny, United Kingdom - Accountancy Recruitment Wales Limited

Accountancy Recruitment Wales Limited

Verified Company

Abergavenny, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Reporting to the FC, you will have responsibility for managing a team of 5 staff, ensuring that their payments and receipts are processed in a timely manner.

You will have responsibility for analysis and ensuring profitability

Key Responsibilities:

Oversee the processing of payments / receipts, ensuring that all activities are completed accurately and on time by the team
Payment processing and control
Recovery management and tracking
Analysis of cost, including actual v budgets analysis, bridge analysis of costs, and KPI's
Bank account control and reconciliation
Purchase and Sales Ledger control and analysis
Cash Flow forecasting.
Forecasting charges and balance sheet balances.
Ensuring complete, robust, and accurate processes are in place, and that these are followed, and that these meet the required corporate compliance levels
Oversee the processing of the commission payments, ensuring that all of the activities are completed accurately and on time by the team
Commission payment processing and control.
Analysis of cost, including actual v budgets analysis, bridge analysis of costs, and KPI's
Commission Purchase Ledger control and analysis
Commission Cash Flow forecasting
Forecasting the commission Charges and balance sheet balances
Ensuring complete, robust, and accurate processes are in place, and that these are followed, and that these meet the required corporate compliance levels
Work on enhancing the studio platform to improve the commission calculation and tracking, leading to less manual intervention being needed
Oversee the processing of the Interchange statement, ensuring that all of the activities are completed accurately and on time by the team
Income Recognition
Processing Fees posting and analysis. Analysis of all processing fees to understand the processing fee per transaction
Provide an analysis of processing fees for Power BI import
Build the Credit Card income analysis
Link Cost study annual submission
Analysis of processing cost, including actual v budgets analysis, bridge analysis of costs, and KPI's
Ensuring complete, robust, and accurate processes are in place, and that these are followed, and that these meet the required corporate compliance levels
Issue and manage the timetable on required submissions from the team
Build analysis of all adjustments actioned, tracking their values over time, for review
Reporting on profitability, detailing any significant variances / adjustments and why these occurred and other key points to note on the charges that month
Work with project team to enhance and improve the profitability build.
Document the existing process and map all potential improvements that could be implemented
Cover the above costs at annual audit review
Suggest continual improvements to processes and procedures
Staff management for direct reports including but not limited to monthly shift report collation and sign off, HR Forms and notification, absence management, quarterly staff 121's, appraisals, training programme etc., Staff performance tracking and review,this includes addressing any issues

Key Skills:

Full suite of processes under each section that are in place and followed. All of these processes must ensure that the controls are substantive and compliant with group policies
Ensure all payments are made accurately and on time
Ensure all receivables effectively chased
Issue all financial submissions when due
Indicative Draft of P&L Charge asap after month end close
P&L, variance analysis, balance sheet reconciliations and MI presenting
Publish and issue all required data to the power BI team as completed.
Ensure that the team deliver complete and accurate output, and that they are complying with the correct procedures.
Ensure that the team are engaged in what they are doing, and understand the requirements of them, work on target performance as required. Ensure any issues are escalated to you by the team, and in turn ensure that these are escalated upwards as necessaryand that a solution is found.
Own the output of the team, ensuring that all data is accurate and complete. Ensure that any issues are investigated, and solutions offered, and then actions taken to resolve these, enhancing processes as required.
Continual review and enhancement on processes, analysis, MI as needed by the business
Work with business on various projects to enhance processes, system.

Benefits: