UK Bookkeeping

Responsibilities

• Preparation and review of working papers, financial statements as per UK accounting standards (FRS).Reconciliation of various balance sheet accounts.
• Day-to-day deliveries of each engagement to ensure the Quality and TAT is maintained.
• Complying with daily submission of time sheet, updating workflow systems.
• Client Communication, raising queries to the clients and replying them.
• Support colleagues and departments in resolving accounting and budgetary issues.
• Manage complete bookkeeping for UK based clients.
• Handling Payroll reconciliation, RCM, VAT Reconciliation, VAT Schemes.
• Recording income, expenses, purchases, sales, Bank Reconciliation and other financial activities into accounting software.
• Tracking outstanding invoices, customer statement reconciliation, following up on overdue payments, and recording payments received.
• Tracking outstanding bills, Vendor Statement reconciliation, Pay-run report, ensuring timely payments to vendors.
• Creating monthly financial statements, including cash flow, profit and loss, and balance sheets.
• Handling VAT returns and ensuring compliance with tax regulations.
• Payroll posting and managing expense claims.