Narberth, Wales, United Kingdom
Experienced Account Assistant with a demonstrated history of working in Practice Accountancy. Skilled in Microsoft Excel, Customer Service, Bank Reconciliation and Microsoft Word. Strong accounting professional with a MAAT focused in Accounting and Finance from Coleg Sir Gar.
• Perform monthly variance analysis for four directorates within the Hywel dda NHS board, identifying and explaining budget variances and providing recommendations for corrective actions. • Collaborate with budget holders and department managers to understand and interpret financial data, ensuring accurate and meaningful variance analysis. • Conduct costings for substantive staff, analyzing salary and benefit information to determine the true cost of staffing positions. • Analyze the general ledger to enable TRAC jobs to be approved, ensuring compliance with establishment limitations. • Participate as a member of the income task and finish group, contributing to the development and implementation of a new income accrual process within the organization. • Act as the management accounts representative in the income continuous improvement group, providing insights and expertise related to management accounting practices. • Conduct ad hoc financial analysis as requested, supporting decision-making and providing insights to senior management. • Collaborate with internal stakeholders to gather and consolidate financial data for analysis and reporting purposes. • Prepare and present reports and presentations to communicate financial analysis findings and recommendations to management. • Assist in the preparation of annual budgets and forecasts, providing input and insights based on variance analysis and costings. • Stay updated with changes in NHS financial policies and guidelines, ensuring compliance. • Support and collaborate with other finance team members on various projects and initiatives as needed.
• Prepare and deliver weekly production account reports, highlighting variances in volume and price, and conducting detailed gross margin analysis. • Analyze production data and identify key drivers impacting volume and price variances, providing insights and recommendations to improve performance and profitability. • Collaborate with cross-functional teams, such as production, procurement, and finance, to gather and validate data for accurate reporting. • Review and reconcile general ledger accounts related to accruals and prepayments, investigating and resolving any discrepancies. • Analyze and interpret financial data related to accruals and prepayments, identifying trends and providing recommendations for process improvements. • Collaborate with the finance team to ensure accurate and timely completion of month-end and year-end closing activities. • Provide support during internal and external audits, providing assiatance to the lead accountant who was their point of contact. • Assist in ad hoc financial analysis and special projects related to production accounts and cost management.
During my time at Magstim, my duties included: • Generate and deliver weekly sales reports to executives, providing comprehensive insights into sales performance and trends. • Ensure compliance with sales tax regulations by accurately preparing and submitting sales tax reports to various US states. • Streamline processes and enhance efficiency by creating and optimizing spreadsheets, allowing for faster completion of duties related to sales reporting. • Collaborate with cross-functional teams to gather relevant sales data and consolidate it into meaningful reports and presentations. • Conduct regular audits of sales data to identify discrepancies, resolve issues, and maintain data integrity. • Develop and implement standardized reporting templates and formats to ensure consistency and facilitate easy data analysis. • Stay up-to-date with changes in US sales tax regulations and update reporting processes accordingly to ensure compliance. • Proactively identify opportunities for process improvement and automation to streamline reporting procedures and increase productivity. • Communicate effectively with internal stakeholders, such as sales managers and finance teams, to gather data and align reporting requirements with business objectives. • Prepare monthly accounts for the US-based company, including financial statements, profit and loss reports, and balance sheets. • Monitor and track key financial metrics, highlighting any significant changes or variances to management. • Participate in the development and implementation of accounting systems and processes to improve efficiency and accuracy of monthly accounting tasks.
During my time here I have been working as an accounts assistant whilst also training towards AAT. I was required to prepare working papers to draft accounts stage for sole traders, partnerships, companies and not for profit organisations to then be reviewed by a senior manager. I would need to work to a high level of accuracy to ensure there were no mis-posting’s in the accounts so they were produced accurately and showed a true reflection of the business’ position for that accounting period. My main duties involved: •Prepare the relevant schedules in the working papers, e.g. debtors, creditors, bank rec etc. •Prepare a draft business/corporation tax computation •Prepare VAT returns •Analysing the profit & loss accounts to detail any major variances year on year and make notes to explain the variance •Ensuring the trial balance produced matches the figures shown in my working papers •Assist and train junior members of staff with any queries •Communicating with clients to answer any queries on the accounts or assist them with anything they require •Work to strict deadlines, e.g. self-assessment deadlines and companies house filing dates •Experience in Auditing, working within the PCAS framework.