Job Description

OMS is an fast-growing, dynamic training and consultancy company, based in Leicestershire, with clients throughout the UK. An exciting opportunity has arisen for a Finance Manager to join our growing team, who are passionate about making a difference to our clients.

We are seeking a highly organized and detail-oriented

Management Accountant

to lead our finance team. The ideal candidate will play a crucial role in managing day-to-day financial operations, ensuring accurate financial reporting, and supporting the business in achieving its financial objectives. This role involves a wide range of responsibilities, including producing customer invoices, maintaining financial records, handling reconciliations, and supporting the production of monthly management accounts.

Key Responsibilities:

Financial Reporting and Analysis:

Prepare and deliver daily reports on progress to forecast, order intake, and cash collection.

Assist in producing monthly management accounts by liaising with the Divisional Accountant.

Manage and report on accruals and prepayments to ensure accurate financial reporting.

Maintain and update the fixed asset register, ensuring timely and accurate posting of monthly depreciation.

Monitor and maintain accurate records of company assets, ensuring proper documentation and reporting.

Customer and Supplier Transactions:

Produce and issue customer invoices using Xero, ensuring accuracy and timely delivery.

Create and maintain customer records on the Xero sales ledger, ensuring data integrity.

Reconcile receipts from customers and manage credit control to minimise outstanding debts.

Post accounts payable invoices and maintain accurate supplier records on the Xero purchase ledger.

Pay suppliers in a timely and accurate manner while managing cash flow effectively.

Banking and Reconciliation:

Perform bank reconciliations, including managing company credit card transactions and reconciliations.

Oversee the management of debtors, ensuring timely collection and resolution of outstanding balances.

Payroll and Expense Management:

Process employee expense payments and ensure accurate and timely reimbursement.

VAT Reporting

Generate the monthly VAT return using Xero, ensuring all relevant transactions and adjustments are accurately recorded.

Review and verify the VAT return for completeness and accuracy.

Prepare the VAT figures for submission, ensuring they are aligned with the VAT group return.

Collaborate with the finance team to ensure the VAT return is incorporated into the overall VAT group return on a monthly basis.

Ensure timely submission of the VAT return to meet compliance deadlines.

Withholding Tax

Gather and compile all necessary documentation and certification related to withholding tax for the quarter, ensuring accuracy and completeness.

Reconcile withholding tax amounts against relevant financial records and transactions to ensure consistency and compliance.

Verify the accuracy of tax deductions, ensuring all relevant certifications are up-to-date and properly filed.

Prepare and organize the withholding tax submission, ensuring all supporting paperwork is included.

Submit the completed withholding tax return in a timely manner, adhering to regulatory deadlines and requirements.

Audit Preparation:

Assist in preparing documentation and information for the annual audit.

Provide accurate and complete financial records to auditors and assist with any queries.

Administrative and Office Support:

Process examination reports and manage the distribution of owner's manuals.

Maintain and report on monthly headcount, ensuring records are accurate and up to date.

Monitor and order office supplies, ensuring the smooth running of office operations.

Qualifications and Experience:

Part or fully qualified accountant (ACCA, CIMA, AAT or equivalent).

Proven experience in management accounting, ideally within a similar role.

Experience with Xero software is essential.

Experience with payroll and expense management is advantageous.

Strong background in financial reconciliations and banking processes.

Key Skills and Competencies:

Strong understanding of accounting principles and financial reporting.

Proficiency in Xero and Microsoft Excel.

Excellent attention to detail and strong organizational skills.

Ability to manage multiple tasks and meet deadlines in a fast-paced environment.

Effective communication and interpersonal skills, with the ability to liaise with both internal and external stakeholders.

Strong credit control and reconciliation skills.

Ability to work independently as well as part of a team.

What We Offer:

Competitive salary based on experience.

Opportunities for career growth and development.

A supportive and dynamic work environment.

Job Type: Full-time

Pay: 35,000.00-45,000.00 per year

Benefits:

Company events Company pension Free parking On-site parking
Work Location: In person