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For Companies At a Glance
- Tasks: Support financial operations, manage ledgers, assist with payroll, and contribute to reporting.
- Company: Join Loop Technology Ltd, a dynamic player in the motor vehicle manufacturing sector.
- Benefits: Enjoy flexitime, a company pension, and free on-site parking.
- Why this job: Perfect for detail-oriented individuals eager to grow in a fast-paced environment.
- Qualifications: AAT Level 4 or equivalent experience, plus strong Sage and Excel skills required.
- Other info: This role offers both full-time and part-time options, with a competitive salary.
The predicted salary is between 25000 - 35000 £ per year.
Summary of position
The Assistant Accountant will support the Financial Controller with the day-to-day financial operations of the business. The role includes responsibility for managing the sales and purchase ledgers, performing reconciliations, assisting with payroll, and contributing to statutory and project-related financial reporting. This is a hands-on, detail-oriented role in a fast-paced manufacturing environment.
Primary Responsibilities :
Sales Ledger & Debtors
- Process and log new customer purchase orders in line with company policy.
- Raise and issue invoices as instructed by Project Managers.
- Monitor aged debtors weekly and follow up to ensure prompt payments.
Purchase Ledger & Creditors
- Match incoming supplier invoices to POs and post to Sage.
- Maintain accurate electronic records and invoice attachments.
- Reconcile supplier statements monthly and prepare weekly payment runs.
Banking
- Post daily bank transactions.
- Perform monthly reconciliations for all company bank accounts.
VAT & Compliance
- Assist with monthly postponed VAT processes.
- Support the preparation of VAT returns.
Payments & Expenses
- Prepare weekly payment run reports for review.
- Review and log staff expense claims to ensure policy compliance.
- Maintain and reconcile petty cash balances with monthly physical checks.
Payroll & Employee Finance
- Prepare monthly payroll adjustment worksheet for overtime, leave, etc.
- Record changes for starters, leavers, and salary amendments.
Grant Management
- Monitor and submit Innovate UK claims quarterly.
- Liaise with accountants and support annual reporting obligations.
Other Finance Tasks
- Calculate quarterly sales commissions.
- Carry out additional finance-related duties as required by the business.
Skills & Experience Required
- Qualified AAT Level 4 (or QBE to the same level).
- 3-5 years\’ experience in an assistant accountant or similar role
- Strong working knowledge of Sage 50 and Microsoft Office (especially Excel).
- Familiarity with standard financial systems, ledgers, and reconciliation procedures.
- Excellent attention to detail and high level of accuracy.
- Strong time management and organisational abilities.
- Sage payroll experience (desirable).
- Experience working with WIP an advantage.
- Clear and confident communicator – both written and verbal.
- Able to work independently and collaboratively within a finance team
Attitude, Aptitude & Behaviours
Proactive, positive, and solutions-focused.
Adaptable and able to meet tight deadlines in a fast-paced environment.
Self-motivated and able to manage tasks without constant supervision.
Proven experience with accounting software such as QuickBooks or Sage.
Strong understanding of accounts payable and financial management principles.
Excellent attention to detail and organizational skills.
Ability to work independently and as part of a team.
Familiarity with PeopleSoft or Xero is a plus.
If you are passionate about numbers and eager to contribute to a forward-thinking company, we invite you to apply for the Assistant Accountant position at Loop Technology Ltd today!
Job Types: Full-time, Part-time, Permanent
Pay: £30,000.00-£40,000.00 per year
Benefits:
- Company pension
- Flexitime
- Free parking
- On-site parking
Schedule:
- Day shift
- Monday to Friday
- No weekends
Work
Location: In person #J-18808-Ljbffr
Assistant Accountant employer: Loop Technology Ltd
Contact Detail:
Loop Technology Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Accountant
✨Tip Number 1
Familiarise yourself with Sage 50, as it's a key requirement for the Assistant Accountant role. Consider taking an online course or tutorial to brush up on your skills and demonstrate your commitment to mastering the software.
✨Tip Number 2
Highlight your experience with financial reconciliations and ledgers during any networking opportunities. Engaging with professionals in the finance sector can help you gain insights and potentially lead to referrals for the position.
✨Tip Number 3
Prepare to discuss your time management and organisational skills in detail. Think of specific examples where you've successfully managed multiple tasks under tight deadlines, as this is crucial in a fast-paced environment like Loop Technology Ltd.
✨Tip Number 4
Showcase your proactive attitude by researching Loop Technology Ltd and their projects. Being knowledgeable about the company will allow you to ask insightful questions during interviews and demonstrate your genuine interest in contributing to their success.
We think you need these skills to ace Assistant Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in accounting, particularly with sales and purchase ledgers, reconciliations, and payroll. Use keywords from the job description to demonstrate your fit for the role.
Craft a Strong Cover Letter: Write a cover letter that showcases your passion for numbers and your proactive attitude. Mention specific experiences that align with the responsibilities listed, such as managing invoices or performing reconciliations.
Highlight Relevant Skills: Emphasise your qualifications, especially your AAT Level 4 certification and experience with Sage 50 and Microsoft Excel. Provide examples of how you've used these skills in previous roles to achieve results.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for an Assistant Accountant.
How to prepare for a job interview at Loop Technology Ltd
✨Know Your Numbers
As an Assistant Accountant, you'll be dealing with financial data daily. Brush up on your knowledge of sales and purchase ledgers, reconciliations, and VAT processes. Be prepared to discuss how you've handled these tasks in previous roles.
✨Familiarise Yourself with Sage
Since the role requires strong working knowledge of Sage 50, make sure you're comfortable navigating the software. If you have experience with similar accounting software like QuickBooks or Xero, be ready to explain how those skills transfer.
✨Demonstrate Attention to Detail
This position demands a high level of accuracy. During the interview, provide examples of how you've ensured precision in your work, whether it's through double-checking invoices or maintaining accurate records.
✨Show Your Team Spirit
While the role involves independent work, collaboration is key in finance teams. Share experiences where you've successfully worked with others to meet deadlines or solve problems, highlighting your communication skills.