Assistant Financial Reporting Accountant - Liverpool

Do you have fantastic organisational and prioritisation skills?

Do you have previous work experience in a finance related role?
Consider the role of AssistantFinancial Reporting Accountantat Reed in Partnership!
We are on a mission to be the partner of choice for developing people and their communities. Reed in Partnership is a public service provider specialising in skills training for the long-term unemployed, increasing employment opportunities by working with employers and providing youth services.

What is the role about?

The Assistant Financial Accountant role is primarily responsible for supporting the Financial Reporting Accountants with the preparation of periodic analysis and general ledger entries to support the production of Reed in Partnership and Reed Wellbeing Limited’s limited accounts ensuring that the companies are able to satisfy their statutory reporting obligations in an accurate and timely manner.

The role will also provide support to the Financial Accountant by preparing accounting entries including, but not limited to, accruals, prepayments, and fixed assets. This role will also co-ordinate the periodic compilation and review of Reed in Partnership’s and Reed Wellbeing’s balance sheet

The role will be responsible for compiling and analysing financial information, carrying out timely Balance Sheet Reconciliations, and preparing reporting summaries, including detailed and trend analysis, intra-group control accounts and accurate statements of assets and liabilities in accordance with accounting policies. This will include assisting with the maintenance of the accruals and prepayments schedules, detailed Fixed Asset Register, VAT and Tax compliance.

Just some of your day-to-day responsibilities will include

• Supporting the allocation and monitoring of accruals and prepayments, liaising with supporting functions to ensure timely recognition of invoices.
• Supporting the maintenance of the company’s Fixed Asset register to ensure that all assets are correctly recorded and depreciated in accordance with the company’s Fixed Asset policy.
• Control of the intercompany accounting process including ensuring all invoices from Reed Group are authorised, processed, paid and coded in a timely and controlled manner and performing formal reconciliations of all intercompany accounts within the Reed Group, ensuring these are agreed on a periodic basis.
• Production of period end journals and reconciliations and other sundry period end routines
• Produce other designated balance sheet reconciliations on a periodic basis.
• Creation of the period end file and coordinate with Finance colleagues to ensure the completion of a full suite of balance sheet reconciliations for Reed in Partnership and Reed Wellbeing.
• Review and monitor key balance sheet reconciliations reporting key trends and identifying and reporting areas of both risk and opportunity in the company balance sheets.
• Production of daily cash flow reporting, ensuring it is accurately prepared and circulated to relevant members of the management team.
• Production of periodic financial control focused MI including information expenses policy violations, PO policy adherence and other ad-hoc MI as required.
• Year-end audit preparation including but not limited to production of audit schedules, liaising with the auditors, compiling audit evidence, and responding to queries in a timely fashion.
• Ensure that the company remains compliant with its key statutory reporting obligations by assisting the Financial Accountant and the Head of Financial Accounting.
• Hold responsibility for treasury functions, including delivery of cash allocations, journal postings and bank reconciliations, ensuring transactions are executed and recorded accurately and in a timely manner.
• Monitor and review the company’s control environment ensuring that the Companies remain compliant with its key policies and carrying out audit of processes where applicable.

As a key participant in the periodic reporting cycle for the business, this role requires the ability to carry out review and variance analysis and to contribute to meaningful and insightful commentary. You will also be expected to be able to follow a detailed framework and meet tight deadlines, whilst maintaining the ability to work under your own initiative and contribute ideas for improvement.

What’s in it for you?

Alongside a generous base salary (pro-rata for part time), and great flexibility with your working schedule, we offer training, development, and progression opportunities. All travel for sessions will be reimbursed, and you will have access to the full range of Reed in Partnership benefits, which include:

• 25 days annual leave (pro-rata for part time) plus statutory bank holidays
• Hybrid Working
• Reed Pension Scheme
• Award Winning Management & Leadership training
• Professional & Personal Development Funds
• Bi-annual pay reviews
• Plus much more that can be found Here

To be successful in this role, we are looking for someone with

Essential Criteria

• AAT qualified or Accounting & Finance Degree equivalent qualification
• Demonstrable experience in a busy multi-site finance environment
• Good accounting systems knowledge, gained through in-depth exposure to systems such as Oracle or SAP
• Experience of reconciling general ledger balance sheet accounts
• Good Microsoft Excel and analytical skills
• Excellent communication skills with an ability to build robust working relationships with co-members in and outside of the Finance environment.
• Excellent organisational skills and attention to detail
• Ability to deal with conflicting priorities and a number of tasks concurrently.
• The ability to grasp complex processes quickly.
• Proactive team player, with a flexible ‘can do’ attitude.

Desirable Criteria

• Experience of fixed asset accounting and depreciation
• Exposure to intercompany accounting
• Ability to understand and produce complex reconciliations.
• Experience of business electronic banking and production of bank and cash reconciliations
• Experience of sales ledger invoicing and cash allocation

Proud member of the Disability Confident employer scheme