ACCA qualified and holds ACCA practising certificate, proficient in excel and Xero accounting software.
I am aslo capable of using Quickbooks online, FreeAgent and Iris Kashflow....Read moreACCA qualified and holds ACCA practising certificate, proficient in excel and Xero accounting software.
I am aslo capable of using Quickbooks online, FreeAgent and Iris Kashflow. Sound knowledge of IFRS, FRS, business and personal taxes. My experience ranges from property businesses to retailers and online sellers (Amazon, Shopify).
I am extremely passionate about what I do and derive utmost satisfaction is ensuring my clients can focus fully on more important areas of their business while I take care of their statutory and HMRC filing requirements.
Asides statutory and HMRC filings, I will also help you monitor your business performance by providing management reports that highlight the key areas of your financials that need to be monitored. This is where the real value is added.
My working profile to date is as below:
July 2016 – Date: Accounts and Legal Consultants, Camden Town, London – Client Manager/Senior Accountant
Accounts and Legal Consultants is an entrepreneurial focused accountancy firm which looks beyond the numbers and deeper into business efficiency and improvements. My client portfolio of over 250 clients cuts across various industries like, real estate, hospitality and leisure, fintech, drinks wholesalers, retail clothing and charities. My responsibility as a client manager is to ensure firstly that all accounting and tax compliance is met at the highest possible standard, thereafter ensuring that directors understand the financial position of their business and understand how performance can be approved and systems can be streamlined to ensure business efficiency. I currently manage a team of 5 accountants and the role includes:
• Preparation of statutory accounts using IFRS and FRS and helping clients with relevant disclosures that improve stakeholder confidence
• Dealing with the fund accounting reporting for charity clients
• Balance sheet reconciliations
• Managing FX reconciliations
• Identifying bottlenecks in accounting systems
• Designing and implementing new accounting systems and internal control
• Redesigning chart of accounts to suit client reporting needs and improve management information requirements
• Preparation and presentation of management reports and information with commentaries to directors and stakeholders
• Working capital management (managing receivables, payables and cashflow position)
• Preparation and filing of VAT returns and VAT planning
• Preparation of cashflow forecasts and budgets
• Business tax planning and calculating corporation tax
• Managing fixed asset register and capital allowance schedules
• Calculating and filing payroll & P11D’s
• Improving financial reporting systems that secure the accuracy of financial reports.
• Advising OMB on cash extraction
• Researching client specific systems add-ons that help streamline and automate the accounting process
• Liaising with HMRC on behalf of clients and assisting with HMRC enquiries and investigations
• Assisting eligible clients in securing SEIS/EIS investment schemes and securing R&D tax credits/repayments
Achievement
• Successfully transitioned a client’s paper based accounting systems to a fully automated e-based accounting systems which helped in eliminating errors caused by loss of data
• Successfully implemented new debtors control systems which led to a significant drop in aged receivables and bad debts
• Completed SEIS & EIS investment scheme for a client
• Secured R&D tax repayment for a client
November 2015 – July 2016: Accrida, Dartford, Kent – Client Accountant
At Accrida Ltd (previously The Accounting Experts), I was responsible for managing a portfolio of over 100 clients comprising of Ltd Companies, LLP’s, Sole Traders and Rental property investors. This includes managing all accounting and tax affairs and filing deadlines, ensuring that company directors are up to date with compliance requirements with FRS, companies house and HMRC. The main highlights of my role include the following;
• Preparation and submission of statutory company accounts for limited companies
• Preparation and submission of corporation tax liabilities
• Preparation of company accounts for LLP’s
• Business income tax planning specific to each client
• Personal income tax planning
• Preparation and submission of self-assessment returns for directors and self-employed only clients
• Reconciliation and submission of VAT returns
• Balance sheet reconciliations and analysis
• Interpretation of financial statements (cash flow statements, financial performance and financial position, and advising accordingly)
Achievement
• Successfully advised clients on business and personal tax planning which has led to tax efficiency/savings across the board.
November 2013 – November 2015: Golden Arena Trust, Woolwich, London - Accountant
• Designing internal control systems to ensure the safety and integrity of financial information
• Preparation of operating statement from source documents in accordance with SORP
• Reconciliation of monthly journal with bank statements
• Budget preparations and forecasting
• Preparation of balance sheet and dealing with balance sheet reconciliations
• Dealing with prepayments and accruals
• Variance analysis and interpretation
• Interpretation of operating statements using ratio analysis
• Cash management, BACS and CHAPS payments
• Preparing management reports
• Assisting and cooperating with external auditor during the audit process
Achievement
• Designed internal control systems that have reduced material errors in the reporting system of Golden Arena Trust. This has improved investor confidence and encouraged more charitable donations.
April 2014 - July 2014: Mediorite Ltd, Hackney, London- Business Consultant (Part-time freelance voluntary work)
• Environmental scanning and identification of opportunities and threats
• Helping in the devising of new business strategies as well as monitoring and re-evaluating existing strategies
• Analysis of financial statements for business forecasting and financial planning
Achievements
• Helped management understand the importance of the business environment it operates in as well as draw its attention to the impact this has on its strategy and operations
• Established a culture of periodic environmental scanning and analysis that ensures effective and efficient business operations that allows Mediorite to compete effectively in its environment
July 2013-October 2013: TD&A Accountancy & Financial Services London, Canary Wharf- Accounts Assistant
• Inputting, matching, batching and coding invoices
• Ensuring that all payments and receipts are processed as well as dealing with bank transfers
• Dealing with all types of staff expenses
• Ensuring that debtors and creditors control accounts are properly reconciled
• Bank reconciliation in Sage and Excel and ensuring all discrepancies are adjusted accordingly
• Dealing with nominal error corrections
• Managing petty cash
• Preparing accounts to trial balance
• Preparing journal entries
• Assisting the senior accountant with credit control procedures and reports on weekly basis
• Processing, reconciling and submitting VAT returns
• Preparation of the abbreviated financial statements
Achievements
• Thorough understanding of client’s businesses that led to a reduction in classification errors on financial statements.
• Set-up credit control system that reduced bad debt by 30% and improved receivables days by 40%