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Accounts / Audit Senior – ACCA Qualified

  • Ref: GRPT201120
  • Manchester
  • Posted: 4 days ago
  • Salary Expectation: £37,000

Availability/Notice Period: 2 months

Education

Education/Qualification

  • 2014 MBA Finance
  • 2013 ACCA Qualified
  • 2010 Bachelors Business Administration (IIPM)
  • 2009 Diploma in Wealth Management (NUS)

IT Systems

  • Microsoft Word and Excel
  • Sage
  • Xero
  • CCH
  • Various in house and specialist packages

Career Summary

Current Employer – N/A

Position – Accounts / Audit Senior

Dates – January 2020 – Present

Audit:

  • Audit work consists of 90 % of workload and each audit usually last from two to four weeks – clients range from Motor dealerships, hospitality sector, to the IT sector with turnovers from 20 to 100 million
  • Responsible for planning an audit including understanding client, their business environment, and business risks
  • Conducts field work with a team of two or three which includes applying audit testing procedures on Balance sheet and Profit and Loss sections
  • Reports recommendations for improvements to the client’s system if necessary
  • Reviews Prepayments, Accruals, Fixed Asset additions, disposals, and depreciation calculations
  • Prepares Balance Sheet control account reconciliations
  • Performs Sales and Purchases testing to identify any under or over statements
  • Ensures correct cut-off procedures have been applied
  • Analyses and identifies reasons for P&L variances across various income and expense categories
  • Reviews meeting notes to understand the strategic direction client chooses to set and follow
  • Works from client premises and liaises with clients as and when required
  • Delegates tasks to Assistants and reviews their work
  • Completes the audit file and passes to the Senior Manager for review
  • Ensures audit adjustments are posted on accounts and follow FRS102 requirements

Accounts:

  • Produces draft set of accounts and draft Corporation Tax computations which are reviewed by Senior Managers
  • Prepares statutory accounts from Trial Balance provided by client on CCH
  • Prepares Balance Sheet account reconciliations
  • Reconciles Prepayments, Accruals, and Fixed Assets, posting relevant journals
  • Maintains Fixed Assets Register and depreciation calculations
  • Agrees Inter-company accounts
  • Reviews expenses to ensure they are tax allowable and are not capital in nature
  • Prepares Corporation Tax computations on Alpha Tax
  • Keeping up to date with FRS 102 and FRS 105 requirements and attends regular CPD courses to stay up to date with all developments

 

Previous Employer – Alexander James & Co Ltd

Position – Accounts / Audit Senior

Dates – June 2015 – November 2019

Accounts:

  • Accounts work constituted major part of this role – Biggest accounts client had £15 million turnover
  • Produced draft set of accounts and draft Corporation Tax computations which were reviewed by Partners/Directors
  • Prepared Statutory Accounts
  • Worked on clients for various industries such as Food and Hospitality, Sports facilities, Charities, Retail, Solicitors, Property Management, and Consulting
  • Prepared Corporation Tax computations on CCH
  • Prepared monthly and quarterly management accounts on Sage and Xero inclusive of Journal entries, Accruals and Prepayments
  • Assisted with year-end audit
  • Balance Sheet reconciliations
  • Maintained Fixed Assets register and depreciation calculations
  • Credit Card expense reviews and approved expense claims on Xero
  • Book-keeping services for few small clients on Sage and Xero
  • Prepared and filed VAT returns, EC Sales list for clients – most VAT returns were MTD compliant
  • Keeping up to date with FRS 102 and FRS 105 and attend regular CPD courses to stay aware of all changes and developments
  • Had two monthly management accounts and five companies with quarterly management accounts under my portfolio
  • In addition to portfolio clients, remainder of work was assigned by General Manager based on skill level of each employee

Audit:

  • Audit work consisted of 15 – 20 % of workload and each audit would usually take 2 to 3 weeks to complete
  • Planning audit with Audit partner
  • Conducted field work (with a colleague to assist) which included applying audit testing procedures on Balance sheet and Profit and Loss items
  • Worked from client’s premises and liaised with clients as and when required
  • Completed the audit file and passed to the Audit partner for review
  • Undertook stock-take for one large client
  • Worked on Charity (Church) audit with £2million revenue, Cleaning company audit with £6million turnover, Construction and Scaffolding company audit with £12 million turnover, Property Developers audit with £25 million turnover
  • Worked on Independent examination for smaller charities with revenue of £100k

 

Previous Employer – Munir Tatar & Associates

Position – Accounts Assistant

Dates – December 2012 – June 2015

Audit:

  • Assisted on Audits of two Large Clients
  • Agreed balances of all bank statements with bank certificates and traced few transactions within to ensure their occurrence
  • Purchases and Sales Testing to ensure accuracy, completeness, and cut-off
  • Undertook physical Stock Taking to ensure Valuation
  • Prepared a report on the work carried out – client had operations in 4 countries and had a turnover of £35 million
  • Work was solely assisting the audit senior and performing any other tasks required

Accounts:

  • Provided all necessary information necessary for the preparation of final accounts
  • Performed Cash Book/ Bank Reconciliations including Multi-currency accounts
  • Performed Credit Card analysis
  • Submitted Occasional Annual Returns
  • Registered/ Deregistered Clients for VAT
  • Computing and submitting VAT returns
  • Assisted HMRC with VAT Investigations
  • Trained and supervised juniors in Book-keeping, VAT and Bank Reconciliations
  • Conducted internal Audit of complex Client VAT records
  • Software Used Tas Book and Sage 50

 

 Previous Employer – Dossier Management Services

Position – Trainee

Dates – April 2008    

  • Volunteered as a trainee for Dossier management services, Indian based company
  • Was part of a 5-member team assisting towards delivering training programs to employees of various companies