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- Tasks: Join us as a Management Accounts Assistant, handling financial reporting and analysis to boost business efficiency.
- Company: Be part of a dynamic team focused on maximising profitability and supporting strategic decision-making.
- Benefits: Enjoy a collaborative work environment with opportunities for professional growth and development.
- Why this job: This role offers hands-on experience in finance, contributing to real business outcomes and enhancing your skills.
- Qualifications: Ideal for high school or college students with a passion for finance and a willingness to learn.
- Other info: Work four days a week from the office, gaining valuable insights into financial operations.
The predicted salary is between 28800 - 43200 £ per year.
Work as a Management Accounts Assistant to provide expert timely and insightful financial reporting, analysis and support, including transaction processing and relevant system maintenance and development, to support the business in maximising profitability, realisation and efficiency.
Key Responsibilities:
- Provide timely and insightful financial reports and analysis to support the business in decision making and goal achievement.
- Prepare weekly management accounts including KPIs.
- Undertake analysis as required on Company performance, highlighting areas of concern or risk.
- Develop analysis as required to support the development and subsequent measurement of sales strategies.
- Prepare and issue timecard analysis to inform appraisals across the Company.
- Assist with the preparation of Strategy day reports.
- Develop and prepare analysis to inform forecasting and budgeting in conjunction with the Senior Management Team.
- Work with the Finance Director and Finance Team to ensure the Company's financial obligations are met.
- Process month end journals.
- Perform monthly P&L and BS reviews and associated reconciliations.
- Draft for review and process quarterly VAT returns (support external accountants).
- Establish timetable and run day to day year end process, liaising as required with the Finance Director.
- Maintain Fixed Assets register.
- Assist the Company Secretariat with year-end activities.
- Work with the administrative team to ensure that all suppliers are set up in the relevant systems, invoices are entered accurately and that payments are made on time.
- Oversee supplier invoice loading onto Xero (have working knowledge & experience of Xero Accounting).
- Undertake first line approvals of invoices for payment.
- Manage payment runs ensuring prompt payment to suppliers.
- Run the internal expenses process, including the review and validation of all submitted expenses.
- Work with the delivery team to ensure that invoices are raised in a timely manner and cash is collected effectively.
- Assist the delivery team in raising invoices and statement of accounts as required.
- Review debtors lists and liaise with relevant member of the delivery team to assist with the collection.
- Process approved project cost write downs and adjustments.
- Prepare reports for review by the Finance Director around write downs, write offs, adjustments.
- Support the Company in maintaining effective finance systems to ensure efficient and accurate billing, payment and reporting.
- Maintain accurate chart of accounts within the financial system.
- Maintain accurate time recording and expenses codes in the relevant system, ensuring alignment where appropriate with the financial system.
- Contribute to the overall day to day running of the business.
- Participate in internal meetings and activities as required including team meetings and events.
- Maintain up to date technical skills and qualifications.
- Ensure accurate and timely compliance with administrative requirements.
- Develop internal documentation and processes where required.
- Operate as an effective team member within a relatively flat structure, contributing to the support team activities and supporting the wider team as necessary.
- Support the business in any activity as required and directed.
Management Accounts Assistant employer: Delivery Mates
Contact Detail:
Delivery Mates Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Management Accounts Assistant
✨Tip Number 1
Familiarise yourself with Xero Accounting software, as it's mentioned in the job description. Having hands-on experience or even completing a short course on Xero can give you an edge and show your commitment to the role.
✨Tip Number 2
Brush up on your financial reporting skills, particularly in preparing management accounts and KPIs. Being able to discuss specific examples of how you've contributed to financial analysis in previous roles will demonstrate your capability.
✨Tip Number 3
Network with professionals in finance and accounting, especially those who work in similar roles. Engaging with them can provide insights into the company culture and expectations, which you can leverage during interviews.
✨Tip Number 4
Prepare to discuss your experience with month-end processes and reconciliations. Be ready to share specific challenges you've faced and how you overcame them, as this will highlight your problem-solving skills and attention to detail.
We think you need these skills to ace Management Accounts Assistant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial reporting, analysis, and accounting. Use specific examples that demonstrate your ability to support decision-making and improve profitability.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the Management Accounts Assistant role. Mention how your skills align with the key responsibilities outlined in the job description, such as preparing management accounts and working with financial systems like Xero.
Showcase Analytical Skills: Emphasise your analytical skills in both your CV and cover letter. Provide examples of how you've previously conducted financial analysis or reporting that led to improved business outcomes.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial for a role in finance.
How to prepare for a job interview at Delivery Mates
✨Know Your Numbers
As a Management Accounts Assistant, you'll be dealing with financial reports and analysis. Brush up on key financial metrics and be prepared to discuss how you would approach preparing weekly management accounts and KPIs.
✨Familiarise Yourself with Xero
Since the role involves working with Xero Accounting, make sure you have a good understanding of its functionalities. If possible, practice using the software beforehand so you can confidently discuss your experience during the interview.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills. Think of scenarios where you've had to analyse financial data or manage accounts payable/receivable effectively. Be ready to explain your thought process and the outcomes.
✨Show Your Team Spirit
This role requires collaboration with various teams. Be prepared to share examples of how you've worked effectively in a team environment, contributed to projects, or supported colleagues in achieving common goals.
