Junior Accountant
Job summary
We are seeking a qualified and detail-oriented Accountant to join our team at Laundry King. The ideal candidate will be responsible for managing financial records, ensuring compliance with accounting standards, and providing accurate financial information to support decision-making processes.
Job descriptions & requirements
Responsibilities:
Financial Reporting:
- Prepare timely and accurate financial statements, including profit and loss statements, balance sheets, and cash flow reports.
- Assist in the preparation of quarterly and annual financial reports
Accounts Payable and Receivable:
- Manage the accounts payable and receivable functions, ensuring timely processing of invoices and payments.
- Monitor outstanding payments and follow up with clients and suppliers as necessary.
Budgeting and Forecasting:
- Assist in the preparation of annual budgets and financial forecasts.
- Monitor budget performance and report discrepancies to the Finance Manager.
Reconciliation:
- Perform regular reconciliations of bank statements, supplier accounts, and internal records.
- Investigate and resolve any discrepancies in financial records.
Compliance:
- Ensure compliance with tax regulations and prepare necessary documentation for tax filings.
- Assist in internal and external audits by providing the required financial documents and information.
Inventory Accounting:
- Monitor inventory levels and ensure accurate recording of inventory transactions in the accounting system.
- Collaborate with the inventory management team to reconcile inventory accounts
Record Keeping:
- Maintain organised financial records in accordance with company policies and procedures.
- Ensure proper documentation for all financial transactions.
Financial Analysis:
- Analyse financial data to identify trends, variances, and opportunities for cost savings.
- Provide insights and
recommendations to management based on financial analysis.
Requirements:
- Minimum HND
- 2 years of previous experience in a similar role
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