General Accounting Analyst (Fixed Term Contract)

Recruiter
RICHARD JAMES RECRUITMENT SPECIALISTS LTD
Location
London
Salary
30000.00 GBP Annual
Posted
18 Mar 2017
Closes
21 Mar 2017
Category
Accounting
Function
Analytics
Contract Type
Permanent
Hours
Full Time
Our client, a global Energy Trading business and part of one of the World's Major Energy Groups, are looking to recruit into the Finance team, giving the successful candidate a chance to cement their career in the Energy/Commodity Trading industry. Reporting to the Accounting Supervisor, this operational position sits within a team that handles overhead processing and payment, cash accounting, indirect taxes and balance sheet control for the Trading office. The company's Annual overheads are composed mainly of personnel costs, building and facilities costs, IT and system developments, and employee expenses. Transactions are in the region of 300 per month for overhead invoices, and 100 per month for employee expenses. Cash accounting is performed in multiple currencies for multiple bank, exchange and collateral accounts. VAT and indirect tax returns and reconciliations are performed for multiple UK, Europeans and worldwide transactions and jurisdictions. The role requires an understanding of many different aspects of the company's London based balance sheet and cost structure (which includes salary, expat, building and IT costs managed across multiple cost centres). Other teams within finance, other departments within the business, and external suppliers depend heavily on the timely processing of overheads, cash, payments and reconciliations, much of which is performed daily by the General Accounting team. ACTIVITIES: Overhead processing: processing of overhead costs, recharges, and employee expenses, ensuring timely posting, accurate P&L account allocation, and appropriate treatment with regards to indirect taxes.Accounts payable: assist the team to ensure overhead invoices and employee expenses are properly validated and authorised according to the delegation of authority schedule, and that these are paid by the appropriate method (BACS, Chaps, TT or cheque) well in time of stated due dates.Cash accounting: contribute to cover the processing of all bank, futures exchange and counterpart collateral entries on a daily basis, maintaining tight control of bank suspense accounts and any automatic or manual cash allocations.Balance sheet control and reporting: assist the team in the accounting, reconciling, reporting, investigation of the balance sheet.Indirect taxes: remain aware and considerate of indirect tax requirements when processing documents and transactions, ensuring correct tax treatment. Assist with certain aspects of the reconciliations and returns under the guidance of the Indirect Tax Accountant.System and process developments: contribute ideas to, assist the testing of, and help maintain system and process developments for overhead, expenses, recharges, cash accounting and balance sheet control.Interactions: build and maintain good relations with internal management and external suppliers to help resolve queries surrounding authorisation and payments of invoices and expenses, and with business analysts to ensure efficient delivery of system and process improvements. Also support external auditors when required. QUALIFICATIONS / EXPERIENCE REQUIRED: Part qualified CIMA or ACCA (or equivalent), a numeric degree desirable, knowledge of double entry book keeping and business accounting essential. Experience of Sun Accounts or similar package. Strong proficiency in the basics of Excel. Desire to pursue a career in Finance.Organised, supportive team member, with strong communication skills (both with colleagues and supervisors). Ability to handle large volumes of transactions and data, able to work under pressure and meet tight deadlines. Adaptable and able to manage varying priorities. Able to critically assess current working methods and processes and offer ideas for improvements with strong appreciation of the qualities of good control information.