Financial Consultant
TaxAssistant
Total years of experience :7 years, 0 Months
Analysis bank payment on different categories of expenses and prepared bank reconciliation using the spreadsheet.
•Setting up information on a new client using the Taxcalc software and spreadsheet.
•Publish bills from Receipt Bank software to client account on QuickBooks online.
•Post sale and purchase invoices for clients who offered them bookkeeping services using QuickBooks.
•Preform reconciling and submitted VAT returns through MTD to HMRC.
•Prepare payroll to clients who offered them payroll services using QuickBooks online.
•Setting up sales, purchase and nominal Ledgers using Sage 50, QuickBooks and Xero.
•Process sale and purchase invoices using Sage 50, QuickBooks and Xero.
•Post supplier's payments and customer's receipts.
•Perform bank reconciliation.
•Prepare, reconciling and submitting VAT returns to HMRC
•Process payroll, generating payslips, forms P45 and P60 and RTI submissions using Sage Payroll 50
•Monthly and quarterly journals, accruals, prepayments, depreciation and other control accounts.
•Prepare final trial balance for companies from IT, Construction, Wholesale and Retail sector.
• Oversee accounting transactions processing. • Review monthly and quarterly finance reports and Tax &VAT return for clients from various industries. • Oversee and lead preparation of financial reports. • Oversee and lead Budget & forecast preparation. • Report the variances between the actual and forecasting budgets with suggestion of solution to close the gap. • Preparing KPIs, Balance Score Cards for various types of business. • Oversee the setup of accounting for each new client. • Distribute the tasks between accountants and partners. • Help accountants to do their tasks on time effective by give them direction and motivate them
• Review and post the daily transaction from journal to the general ledger in accounting system. • Prepare monthly bank reconciliations and quarterly cash flows statement. • Conduct income analysis from rented properties and reported the outstanding payment of tenants. • Prepare annually financial statements (B/S, P/L, and CFS). • Create Receivable analysis report (Debtor’s age reporting) • Deal with Accounts Payable.
Perform accounting transactions including journal entries and trial balance.
•Manage general ledger and purchase ledgers.
•Prepare End of year adjustments (Prepayments, depreciation, accruals and other control accounts).
•Prepare financial statements (Balance sheet, Income Statement, and Cash flow statement)
•Manage foreign invoices, payable accounts, compared the actual purchases with budget and reported the variances.
•Hedge exchange rate risk by internal hedging techniques (leading payment and matching
Entering the daily transaction from gas stations and rented apartments in the Microsoft Excel format.
•Prepare bank reconciliations and other financial reports.
•Conduct income analysis from rented properties and reported the outstanding payment of tenants.
•Prepare financial statements (Balance sheet, Income Statement, and Cash flow statement)
This certificate achieved through ACCA exams and a research project.
courses: Certificate in Bookkeeping awarded by international association of bookkeeping (IAB) level 2
courses: Computerised bookkeeping (IAB)level 1 and 2 (sage 50)
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