Assistant Finance Manager

Recruiter
Randstad Financial and Professional
Location
Farringdon
Posted
11 Apr 2018
Closes
20 May 2018
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
Job Purpose :
*Book-keeping records and assist in audit of accounts by submission of data to auditors for timely completion of audit.
*Capitalization of fixed assets in the system as per in the system as per policy of the bank and ensuring fixed asset reconciliation.
*To handle accounts payable, which includes posting and paying vendors invoices, coding to appropriate general ledger accounts and monitoring A/P ageing and system discrepancies; Responsibilities include monthly vendors reporting, assistance in daily Bank reconciliation, vendor management and ensuring timely payment to vendors and employees through the system.
*This involves strengthening the existing processes and controls to ensure no duplicate payments to vendors, tallying the invoices with the contracts and ensure that employee reimbursements are supported by actual invoices, duly approved as per delegation of financial powers in the Bank. The position will also be responsible for putting controls in place to ensure that employees are reimbursed as per Bank's policies. This also involves proper documentation of processes in vendors payable department and generate relevant accounting reports in order to ensure reliable accounting practices and accurate & timely decision making by senior management.
*The post holder will also be responsible for handling queries of vendors and employees at scheduled times and also taking care of vendor relationships. Duties include verifying and posting transactions to journal, ledgers and other records; preparing statements, invoices and vouchers and handle balancing and reconciliations.
*Preparing tax returns, advises on tax problems and contests disputed claim before tax officials.
*Preparing financial documents and reports for management, shareholders, statutory or other bodies.
*Preparing and submission of various MIS for the bank (including parent bank).
*Liaising and providing information when required to the Parent Bank.
*Liaising with various teams in the Bank for completion of month end/ quarter end activities.
*Preparation of various returns for submission to Reserve Bank of India.
*Projects assigned by Supervisor/CFO on a time to time basis.

Job Responsibilities:
*People Related: (To control and assign work to people & signatory powers relating to people)
*Retention and performance of the team
*Value addition in the current processes
*Responsible for strengthening the process

Randstad Financial & Professional encourage applications from individuals of all ages & backgrounds. Appointment will be made on merit alone but candidates must be able to demonstrate their ability to work in the UK. Randstad Financial & Professional acts as an employment agency for permanent recruitment & an employment business for temporary recruitment as defined by the Conduct of Employment Agencies & Employment Business Regulations 2003

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