Assistant Financial Accountant

at  BAE Systems

Job Title: Assistant Financial Accountant
Location: Glascoed. We offer a range of hybrid and flexible working arrangements – please speak to your recruiter about the options for this particular role.
Salary: £30,390

YOUR SKILLS AND EXPERIENCES:

• Basic understanding of accountancy and practical experience in a finance related role
• Proven excel skills
• Accountancy related degree or studying towards AAT or equivalent

You will provide critical support in the preparation and management of financial records, ensuring the accuracy of financial data, compliance with regulations. This role involves assisting with journal entries, reconciliations, and month-end and year-end closing activities:

• Prepare Journal Entries: Assist in maintaining and updating the general ledger to ensure accurate financial records. Create journal entries for routine transactions, including accruals, prepayments, and recurring entries. Adjust journal entries to correct errors or reflect changes in estimates. Ensure supporting documentation for each journal entry is complete and stored for audit purposes. Correct any misclassified transactions or errors identified during reviews or reconciliations
• Payroll Accounting: Record payroll-related journal entries in the general ledger. Prepare payroll reports, including summaries of payroll expenses, benefits, and liabilities
• Account Reconciliation: Perform regular reconciliations of payroll-related accounts, such as accrued wages, payroll liabilities, and employee benefits. Investigate and resolve discrepancies in a timely manner. Monitor GL accounts to ensure proper classification and allocation of transactions
• Month-End and Year-End Close: Support month-end and year-end closing processes, including preparing schedules and reports. Ensure all journal entries are posted in a timely manner and align with reporting deadlines
• Process Improvement: Identify and implement enhancements to financial processes and systems to increase efficiency and accuracy
• Cross-Departmental Collaboration: Work closely with other departments to understand and address their financial needs, providing insights and financial guidance
• General Administration and Support: Maintain and organise financial records and files. Respond to queries from internal departments related to general ledger accounts and financial data. Provide administrative support for general ledger processes as needed