Provide support to the day-to-day accounting function of the business. The Temporary Finance Support role also provides complete and accurate reporting for, and management of, all areas of the accounting and finance departments.
Main tasks of the Temporary Finance Support role:
* Transaction Management: Records financial transactions, including payment receipts (BACS, cheques), claims payments, insurer settlements, and commission payments. Maintains a cash/float position for small expenses.
* Error & Risk Monitoring: Flags transactional discrepancies, reconciliation issues/speaks to the team
* Budgeting & Forecasting: Prepares and contributes to budget and forecast models; may finalise and submit for approval depending on seniority.
* Cashflow Monitoring: Tracks daily cash positions and ensures liquidity to meet claims, insurer settlements, and operational costs.
* Bordereaux Reporting: Produces and submits monthly bordereaux to insurers for premiums and cancellations.
* Reconciliations: Completes monthly bank reconciliations and insurer/broker account reconciliations.
* Supplier Management: Processes supplier invoices, monitors payment terms, and maintains suppliers.
* Month-End / Year-End Close.
* Financial Reporting: Prepares management accounts and other internal performance reports.
* Tax & IPT: Calculates and submits Insurance Premium Tax (IPT) returns. Handles corporation tax filings.
* Regulatory Reporting: Completes FCA regulatory returns (e.G., RegData) and other compliance submissions.
* Audit Support: Prepares audit schedules, evidence, responds to auditor queries, and resolves audit findings.
* Staff & Payroll Functions
* Payroll Processing: Calculates and processes monthly payroll, including salaries, bonuses, overtime, and deductions (PAYE, NICs, pensions).
* Pension Administration: Handles auto-enrolment, adjusts pension contributions, liaises with pension providers, and reconciles pension accounts.
* Employee Benefits: Manages taxable benefits (e.G., Company car)
* Bonus Schemes: Calculates and processes staff bonus and commission payments.
* HR Financial Data Support: Maintains accurate financial records for employees to support HR and compliance needs.
Temporary Finance Support role (3 month contract)
Ringwood BH24
Monday - Friday
Salary £19 / £20 per hour (DOE)
Salary description
£19.00 - £20.00 per hour