Assistant Accountant

About Right Formula

Right Formula is a global agency specializing in sports marketing, offering a comprehensive service suite from partnership identification to executing integrated marketing strategies. Operating both in the UK and the US, the company empowers brands to grow swiftly by leveraging sporting collaborations.

Role Overview

We are seeking a diligent and proactive Assistant Accountant to join our expanding finance team on a full-time basis. Reporting to the Management Accountant, this role involves active participation in Accounts Payable, some Accounts Receivable tasks, and supporting management accounts, ensuring smooth daily financial operations and exposure to monthly reporting cycles. This position offers hands-on experience across the complete finance function, ideal for those aiming to advance their accounting career within a dynamic, international agency setting.

Key Responsibilities

• Oversee the entire accounts payable lifecycle, ensuring timely and accurate processing.
• Handle supplier invoice processing, verifying proper coding, approvals, and accuracy.
• Reconcile invoices with purchase orders and resolve any inconsistencies.
• Prepare and assist with bi-weekly payment runs through NatWest.
• Maintain and reconcile aged creditors ledgers.
• Address supplier inquiries and foster positive supplier relationships.
• Create and update supplier records.
• Support month-end closing processes by assisting with journal postings including accruals, prepayments, depreciation, and adjustments.
• Help prepare balance sheet reconciliations and resolve discrepancies.
• Aid in Work In Progress (WIP) reporting by extracting and validating data from Synergist for monthly evaluations.
• Assist with intercompany reconciliations between UK and US entities.
• Maintain supporting schedules used in management reports, including prepayments, cost accruals, and fixed assets.
• Contribute to month-end reporting pack preparation and updating finance workbooks.
• Collect and organize transactional data to assist in variance analysis.
• Participate in finance process improvement initiatives.
• Process and reconcile employee expenses and corporate card transactions from Pleo.
• Manage general accounting systems and maintain accurate financial documentation.
• Support responses to annual audit inquiries.
• Provide ad-hoc assistance to the broader finance team as needed.

Candidate Profile

• Experience in an Accounts Assistant or Assistant Accountant position, particularly with Accounts Payable responsibilities.
• Keen attention to detail and precision.
• Strong numerical and analytical abilities.
• Familiarity with financial software; experience with Accounts IQ is advantageous.
• Proficient to advanced knowledge of Excel.
• Excellent organizational skills capable of juggling multiple tasks effectively.
• Strong communication skills for internal and external engagement.
• A proactive approach with problem-solving capabilities.
• An interest in developing skills related to month-end and management accounts over time.

Desirable Qualifications and Experience

• Pursuing or interested in pursuing professional accounting qualifications such as AAT, ACCA, or CIMA.
• Previous experience working within an agency or fast-paced environment.

Additional Information

Artificial intelligence (AI) tools may be utilized during the recruitment process to review applications, analyze resumes, or assess candidate responses, assisting the hiring team by identifying inconsistencies or verification cues. These tools complement but do not replace human decision-making. Final employment decisions rest solely with human recruiters. Candidates seeking further details about data processing are encouraged to inquire accordingly.