Job Detail

Job Description

General Accounting Analyst

We are looking for a General Accounting Analyst to be part of the Trading and General Accounting team.  Reporting directly to the Trading and General Accounting Supervisor this is a great opportunity for an accountant experienced in full set accounting.

About the General Accounting Analyst role:
The role requires an understanding of many different aspects of the company’s balance sheet and cost structure (which includes salary, expat, building and IT costs managed across multiple cost centres). Other teams within finance, other departments within the business, and external suppliers depend heavily on the timely processing of overheads, cash, payments and reconciliations, much of which is performed daily by the General Accounting team.

Key responsibilities:

A strong sense of team spirit is essential to ensure that work is spread evenly as possible, analysts are able to cover each other’s work, and that enough capacity exist within the workload to have time available for ongoing project work, and to cover the unexpected.

• Overhead processing: help the General Accounting team control the processing of overhead costs, recharges, and ensuring timely posting, accurate P&L account allocation, and appropriate treatment with regards to indirect taxes.

• Accounts payable: assist the team to ensure overhead invoices are properly validated and authorised according to the delegation of authority schedule, and that these are paid by the appropriate method (BACS, Chaps, TT or cheque) well in time of stated due dates.

• Cash accounting: contribute to cover the processing of all bank, futures exchange and counterpart collateral entries on a daily basis, maintaining tight control of bank suspense accounts and any automatic or manual cash allocations.

• Balance sheet control and reporting: assist the team in the accounting, reconciling, reporting, investigation of the balance sheet, acting to clear outstanding items from the following perspectives:

• Aged credit (monthly)


• Aged debt (monthly, accounting only)


• Salary control (monthly)


• Intra-company settlements (bi-monthly)


• Bank, exchange and collateral reconciliations (daily)


• Balance sheet revaluation (monthly)


• Fixed assets and depreciation (monthly)

Assist balance sheet substantiation and reporting by challenging remaining items. Aim to keep balance sheet accounts clear of old or un-reconciled items, closing unused accounts and help to maintain the chart of accounts overall.

 

• Indirect taxes: remain aware and considerate of indirect tax requirements when processing documents and transactions, ensuring correct tax treatment. Assist with certain aspects of the reconciliations and returns under the guidance of the Tax team.

• System and process developments: contribute ideas to, assist the testing of, and help maintain system and process developments for overhead, expenses, recharges, cash accounting and balance sheet control.

Interactions: build and maintain good relations with internal management and external suppliers to help resolve queries surrounding authorisation and payments of invoices and expenses, and with business analysts to ensure efficient delivery of system and process improvements. Also support external auditors when required.