At a Glance
- Tasks: Manage payroll, invoices, tax compliance, and financial reporting for a dynamic finance team.
- Company: Join Veritas Consultancy, a growing firm in the heart of Ilford, East London.
- Benefits: Enjoy competitive salary, flexible hours, and opportunities for professional growth.
- Why this job: Be part of a supportive culture that values integrity and teamwork while making a real impact.
- Qualifications: Bachelor’s degree in Accounting or Finance; ACA/ACCA/CIMA qualified or studying towards it.
- Other info: This role offers a chance to work closely with executive leadership and drive financial decision-making.
The predicted salary is between 28800 - 43200 £ per year.
Location: Ilford, East London (IG2 7BS), United Kingdom
Type: Full-Time | Monday to Friday, 9:00am – 6:00pm (Flexibility required for weekends, bank holidays, and additional hours)
Department: Finance
Reports to: CEO / Director
Company: Veritas Consultancy (UK) Ltd.
Salary: Competitive | Based on experience, knowledge, and qualifications
Job Overview
Veritas Consultancy (UK) Ltd. is seeking a dedicated and experienced Accountant to join our expanding Finance Department in Ilford, East London. This role combines operational accounting, financial planning, reporting, and regulatory compliance to support the day-to-day and strategic financial health of the company and associated entities. You will manage payroll, invoices, tax compliance, VAT, end of year accounts, budget forecasting, and statutory reporting while working closely with the executive leadership to drive sound financial decision-making.
Key Responsibilities
- Financial Operations & Bookkeeping
- Maintain accurate financial records and ensure data is inputted into the accounting system correctly
- Generate and process sales and purchase invoices
- Reconcile bank accounts, VAT returns, sales ledger, and purchase ledger
- Manage credit control, aged debtors and creditors analysis, and supplier payments
- Payroll & Tax Compliance
- Oversee the monthly payroll process, including pension contributions, and ensure compliance with HMRC PAYE regulations
- Manage VAT submissions, tax payments, and corporation tax filings
- Liaise with external tax advisors and regulatory bodies (HMRC, Companies House, Charities Commission, OFCOM, ICO, etc.)
- Financial Planning & Reporting
- Prepare monthly, quarterly, and annual financial reports including cash flow statements, budget forecasts, and variance analyses
- Assist in strategic planning and provide insights that support business growth and financial sustainability
- Ensure timely completion of year-end accounts and support external audit processes
- Year-End Responsibilities
- Coordinate and manage the year-end closing process, ensuring accurate and timely completion of all financial reports
- Prepare annual statutory accounts in compliance with UK GAAP or IFRS
- Liaise with external auditors to support audit preparation and fieldwork
- Ensure submission of Corporation Tax Return (CT600) and other required regulatory filings
- Review and finalise balance sheet reconciliations and year-end journals
- Support preparation of Directors' Reports and ensure all statutory filing deadlines are met
- Process Improvement & Compliance
- Implement internal financial controls and streamline accounting processes
- Ensure compliance with UK GAAP, Companies Act, GDPR, and other relevant legislation
- Maintain both digital and physical filing systems for easy access and secure record-keeping
- Team Collaboration & Support
- Act as the primary contact for internal finance queries and work closely with HR and operations teams
- Support the financial needs of associated companies
- Liaise with banks, auditors, and regulatory authorities when necessary
Essential Qualifications & Skills:
- Bachelor’s Degree in Accounting, Finance, Economics, or a related field
- ACA / ACCA / CIMA qualified (or studying towards qualification)
- Minimum 3 years' experience in an accounting role
- Strong understanding of VAT, payroll, corporation tax, and financial controls
- Proficiency in Microsoft Excel, Word, and accounting software (Xero, Sage 50)
- Detail-oriented, self-motivated, and capable of meeting tight deadlines
- Excellent written and verbal communication skills
Desirable
- Experience with Sage Payroll
- Previous exposure to charity accounting or regulated sectors (ICO, OFCOM, etc.)
- Knowledge of pension schemes and auto-enrolment
- Familiarity with budgeting tools and financial modelling
Personal Attributes
- Proactive, problem-solving mindset with a solutions-oriented approach
- High level of integrity, confidentiality, and professionalism
- Ability to work independently and as part of a team
- Strong analytical skills and attention to detail
- Comfortable managing multiple priorities and working under pressure
This job description outlines the primary responsibilities and scope of the Accountant. However, it does not encompass all tasks the post holder may be required to perform. The duties of the role may evolve over time without changing the fundamental nature or level of responsibility. The Accountant may be assigned additional tasks as required by the line manager.
This role is subject to adherence with the Data Protection Act 2018 and the General Data Protection Regulation (GDPR) when managing personal data and financial records. The Financial Controller is also expected to comply with the company’s health and safety policies and equal opportunities practices.
Accountant employer: Islam Channel
Contact Detail:
Islam Channel Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Accountant
✨Tip Number 1
Familiarise yourself with the specific accounting software mentioned in the job description, such as Xero and Sage 50. Having hands-on experience or even completing online tutorials can give you a significant edge during interviews.
✨Tip Number 2
Brush up on your knowledge of UK tax regulations, especially VAT and corporation tax, as these are crucial for the role. Being able to discuss recent changes or trends in tax compliance can demonstrate your expertise and commitment.
✨Tip Number 3
Network with professionals in the finance sector, particularly those who work in similar roles or industries. Engaging with them on platforms like LinkedIn can provide insights into the company culture and expectations, which can be beneficial during your interview.
✨Tip Number 4
Prepare to discuss your experience with payroll processes and compliance, as this is a key responsibility of the role. Be ready to share specific examples of how you've managed payroll in previous positions, including any challenges you faced and how you overcame them.
We think you need these skills to ace Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that match the job description. Focus on your accounting qualifications, software proficiency, and any specific experiences related to VAT, payroll, and financial reporting.
Craft a Compelling Cover Letter: Write a cover letter that not only introduces yourself but also explains why you are a great fit for the Accountant role at Veritas Consultancy. Mention your understanding of their operations and how your background aligns with their needs.
Highlight Relevant Qualifications: Clearly state your qualifications, such as your degree in Accounting or Finance and any certifications like ACA, ACCA, or CIMA. Emphasise your experience in accounting roles and your familiarity with accounting software like Xero or Sage.
Showcase Soft Skills: In addition to technical skills, highlight your soft skills such as attention to detail, problem-solving abilities, and communication skills. These are crucial for collaborating with teams and managing financial queries effectively.
How to prepare for a job interview at Islam Channel
✨Know Your Numbers
As an Accountant, you'll be expected to have a strong grasp of financial concepts. Brush up on key accounting principles, VAT regulations, and payroll processes. Be prepared to discuss your experience with financial reporting and compliance during the interview.
✨Showcase Your Software Skills
Familiarity with accounting software like Xero or Sage 50 is crucial for this role. Highlight your proficiency in these tools and any relevant experience you have. If possible, bring examples of reports or analyses you've generated using these platforms.
✨Demonstrate Problem-Solving Abilities
Accountants often face complex financial challenges. Prepare to discuss specific instances where you've identified issues and implemented solutions. This will showcase your proactive mindset and ability to handle pressure effectively.
✨Prepare Questions for the Interviewers
Engage with your interviewers by asking insightful questions about the company's financial strategies, team dynamics, and growth plans. This not only shows your interest in the role but also helps you assess if the company aligns with your career goals.