Finance Analyst

Position: Finance Analyst

Location: Tottenham (N17)

Reports To: Finance Manager, Senior Management

About the Role

As a Finance Analyst, you will work closely with the Finance Manager, assist with ad hoc accounts tasks such as invoice processing, management accounts, general ledger reconciliations, stock management, fixed assets management, and support different departments in the office when needed.

Duties include but not limited to:

Management Accounts

• Production of weekly reports, including sales performance and KPIs.
• Preparation of budgets and forecasts.
• Journal posting to support the month-end process.
• Assistance in the production of monthly Management Accounts.
• Maintenance of controls over accounting transactions, particularly sales, costs of sales, and Overheads.
• Balance sheet reconciliations.
• Management and maintenance of Trial Balance, including Prepayment/Accrual and Accounts Payable and Receivable schedules.
• Record, file, and report all daily/monthly financial transactions.
• Support finance manager with month-end duties, budgeting, forecasting, and annual audits.
• Preparing and Presenting Financial Analysis to the Finance Manager
• Developing New Ways to Measure KPIs
• Getting involved with Project Accounting
• Running the Transactional Accounting

Stock Control

• To ensure that all goods-in from suppliers and inter-branch transfers are accurately processed onto the system.
• To ensure that goods-out to other branches / customers are accurately recorded onto the system.
• Complete stock reconciliations system
• Prepare weekly and monthly reports on stock levels, stock accuracy, and stock adjustments including Shrinkage and Wastage.
• Monitor stock movements among branches.
• Maintain and update a stock control issues to highlight identified problems mainly fresh items.
• Preparation of stock-takes and work with the managers to ensure regular cycle counts are conducted to minimize stock loss.
• Conducting investigations into external and internal stock loss.
• Conduct regular audits into stock loss and instances of fraud.
• Work closely with Store Managers to identify areas of risk or loss.
• Ensure finance procedures are adhered to by the Operations team and take corrective action / escalate where required.

Fixed Assets

• Be accountable for recording the cost of newly acquired fixed assets (both tangible and intangible)
• Tracking existing fixed assets
• Recording depreciation
• Accounting for the disposition of fixed assets
• Carry out store audit visit

General Ledger

• General Ledger reconciliation tasks
• Reconciliations & monthly postings to GL

Any any other reasonable duties as per management instructions

To succeed in this role, you will need:

• Minimum 2 years’ experience in Accounts environment
• Advanced Excel skills
• Proven Analytical skills
• Stock control / inventory experience and experience of working with ERP systems
• Excellent communication skills at all levels
• Excellent prioritisation, continuation, and organisational skills
• Part ACCA, CIMA, or AAT qualified
• Excellent telephone manner
• A friendly personality and a team player
• A hard-working attitude and commitment to completing workloads within deadlines