Financial Accountant | Nethermind | Remote (UK)

Financial Accountant | Nethermind | Remote (UK)

Remote UK
Application ends: August 13, 2024
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Job Description

The Financial Accountant is responsible for assisting the Head of the Finance and Operations team with the day-to-day running of the finance function;

Objectives:

  • To ensure the company has accurate financial books and records that are up-to-date
  • To ensure that the company has the right data to be able to make informed decisions
  • To assist the Head of Finance in building a scalable, efficient, and successful finance function and team

Responsibilities:

  • Bookkeeping: Maintain accurate and up-to-date financial records by recording transactions in journals, ledgers, and accounting software.
  • Accounts Payable: Process invoices from suppliers, verify expenses, and prepare payments in a timely manner.
  • Accounts Receivable: Issue invoices to customers, track receivables, and follow up on overdue payments.
  • Bank Reconciliation: Reconcile bank statements with general ledger accounts to ensure accuracy and identify discrepancies.
  • Assisting with Month-End Close: Prepare journal entries, accruals, and prepayments to facilitate the month-end closing process.
  • Financial Reporting: Assist in the preparation of financial statements, including profit and loss statements, balance sheets, and cash flow statements.
  • VAT Returns: Calculate and submit Value Added Tax (VAT) returns to HM Revenue & Customs (HMRC) in compliance with regulations.
  • Expense Management: Review employee expense reports, ensure compliance with company policies, and process reimbursements.
  • Assisting with Audits: Provide support during internal and external audits by preparing audit schedules, gathering documentation, and addressing auditor inquiries.
  • Ad Hoc Financial Analysis: Assist senior accountants or management with ad hoc financial analysis, budgeting, and forecasting tasks as required.
  • Compliance: Stay updated on changes in accounting regulations and ensure compliance with UK Generally Accepted Accounting Principles (UK GAAP) or International Financial Reporting Standards (IFRS).
  • Communication: Collaborate with colleagues in finance, as well as other departments, to address accounting-related queries and provide financial information as needed.
  • Process Improvement: Identify opportunities to streamline accounting processes, enhance efficiency, and strengthen internal controls.
  • Software Proficiency: Utilize accounting software (e.g., QuickBooks, Xero) and Microsoft Excel proficiently to perform tasks efficiently and accurately.
  • Professional Development: Pursue continuous learning and development opportunities to enhance accounting knowledge and skills.

Skills:

  • Bachelor’s degree in finance or any related field with 2 years of post qualification experience
  • Big 4 Background or equivalent
  • Knowledge of UK tax law and HMRC
  • Knowledge of IFRS
  • Strong numerical skills to help drive Nethermind’s financial operations and improve financial performance
  • Ability to collaborate with all levels of management to organize, plan and achieve Nethermind’s financial goals
  • Proficiency in financial management software (including Xero and MS Excel)

Would be beneficial if you had:

  • Experience in blockchain (especially Ethereum) or crypto industry
  • Experience in Fintech
  • Previous experience with in-house accounting in a start-up environment
  • Fully remote setting work experience
  • Knowledge of US GAAP