Team Lead - UK Bookkeeper

Job Summary

The UK Bookkeeping - Team Lead is responsible for managing end-to-end bookkeeping and financial reporting functions for UK-based clients, ensuring accuracy, timeliness, and compliance with UK accounting standards and statutory requirements. This role plays a critical part in maintaining reliable financial records, preparing VAT returns and financial statements, and supporting sound financial decision-making for client businesses.

Responsibilities

UK VAT Compliance Reporting

• Manage accurate and timely preparation and submission of quarterly UK VAT Returns in compliance with HMRC regulations.
• Prepare, review, and validate VAT reports, ensuring correct VAT treatments and classifications.
• Identify, investigate, and resolve VAT discrepancies prior to filing to ensure accuracy and compliance.
• Maintain up-to-date knowledge of changes in UK VAT legislation and ensure timely implementation.

Financial Recordkeeping Transaction Management

• Maintain comprehensive and accurate records of sales, purchases, expenses, VAT collections, payroll, and payments for UK client companies.
• Ensure all financial transactions are properly recorded in accounting systems in line with UK accounting standards.
• Monitor data accuracy and completeness across all bookkeeping activities.

General Ledger Month-End Accounting

• Manage general ledger accounts, ensuring accurate postings and reconciliations.
• Perform accounts receivable reconciliations and address outstanding variances.
• Prepare and post monthly accruals, journals, and adjustments as part of month-end closing.
• Support timely and accurate month-end and year-end close processes.

Bank Reconciliation Cash Management

• Execute bank transaction categorization for all client accounts.
• Perform regular bank reconciliations, identifying and resolving discrepancies promptly.
• Monitor cash movements to ensure accurate cash position reporting.

Invoicing, Billing Receivables Management

• Oversee client invoicing and billing processes, ensuring accuracy and timeliness.
• Monitor receivables and follow up on outstanding balances as required.
• Ensure invoicing data aligns with general ledger and financial reports.

Payroll Coordination Statutory Compliance

• Coordinate payroll processing in collaboration with payroll providers or internal teams.
• Ensure payroll records align with financial accounting and reporting requirements.
• Support compliance with UK statutory requirements, including payroll-related filings.
• Provide financial data and insights to support internal reviews, audits, and decision-making.

Client Coordination Communication

• Act as the primary point of contact.
• Coordinate with clients to obtain required documents and clarify queries.
• Provide regular status updates on deliverables and manage expectations.
• Build strong client relationships through proactive communication and issue resolution.

Team Leadership Mentoring

• Lead, mentor, and review the work of senior associates and associates.
• Allocate work, manage workloads, and monitor deadlines across engagements.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.