Financial Accountant

  • Location:

    London, England

  • Sector:

    Energy & Natural Resources

  • Job type:


  • Salary:

    £40000 - £55000 per annum

  • Contact:

    Goodman Masson

  • Job ref:


  • Published:

    12 months ago

  • Duration:

    12 months

  • Expiry date:


  • Startdate:


  • Consultant:

    Goodman Masson

Key responsibilities


  • Prepare annual and half yearly group financial statements (with Financial Controller's close supervision and support) accurately and to a tight deadline.
  • Liaise with external auditors during year-end and half-year reporting
  • Produce statutory accounts and reports for two subsidiaries
  • Assist with the preparation of other parts of the annual report
  • Review statutory accounts for one of the subsidiaries

Month End

  • Review transactions booked and posted to the accounting system for accuracy and appropriateness
  • Run foreign exchange revaluations
  • Prepare/review and post accruals, prepayments, bank reconciliations and journals including share-based payments, capitalisations, decommissioning etc.
  • Review month end balances for accuracy and prepare month end accounting adjustments where necessary.
  • Prepare month end accounting timetable and monitor adherence to it
  • Prepare month end accounting journals to ensure accurate information is reported in the accounting system (IDEAS)
  • Perform balance sheet reconciliations and income statement accounts analysis.
  • Review and submit monthly payroll
  • Reconcile monthly figures for production and sales
  • Prepare/review monthly balance sheet reconciliations for accruals, prepayments, bank accounts, including share-based payments, capitalisations and decommissioning provisions. Investigate and resolve reconciling differences


  • Prepare various tax returns on a quarterly/annual basis including VAT returns, P11D's etc
  • Liaise with tax advisers on the UK tax return for the UK company
  • Calculate quarterly UK corporate and deferred tax and manage any payments of tax instalments to HMRC

Accounts Payable Management

  • Manage the accounts payable function in London with one direct report (Accounts Assistant)


  • Prepare cash deposits across three banks and ensure sufficient free cash balance is maintained for payments
  • Calculate of periodic transfer pricing rates for intercompany recharges and time writing

Person specification

  • Degree and Accountancy qualification essential (fully qualified).
  • Good understanding of an audit process and annual audit cycle is essential.
  • Excellent analytical skills
  • Ability to build relationships across the business.
  • Well-developed interpersonal and communication skills with the ability to work to tight deadlines.
  • Energetic team player, comfortable working in a fast paced and multi-cultural environment.
  • Good understanding of business processes and how to improve them
  • Accurate, with good attention to detail.
  • Good knowledge of Microsoft Office applications. Ideally with previous experience in IDEAS or Sun accounting software and a business warehouse software.

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