Bookkeeper

Motorology, an established independent car dealership based in Prescot, UK, is seeking a full-time Bookkeeper with practical experience in the VAT Margin Scheme for second-hand vehicles. This remote role involves managing day-to-day bookkeeping, financial reconciliations, VAT records, and monthly management reporting. The successful candidate will maintain accurate financial records, investigate discrepancies, analyse financial performance, and provide reliable financial information to support business decisions. Working hours are Monday to Friday, 9:00 AM to 5:00 PM UK time, with a salary range of PKR 45,000 to 80,000 per month, negotiable based on experience.

Key Responsibilities
- Maintain accurate and up-to-date bookkeeping records.
- Record and categorise vehicle purchases, sales, income, and business expenses.
- Complete bank and credit card reconciliations.
- Manage sales and purchase ledgers.
- Process and reconcile supplier invoices and payments.
- Monitor outstanding customer and supplier balances.
- Maintain accurate vehicle purchase, sales, and cost records.
- Reconcile customer payments, finance company settlements, and other third-party transactions.
- Prepare VAT records, including VAT Margin Scheme calculations and supporting documentation.
- Assist with payroll information as required.
- Liaise with external accountants and provide financial information when needed.
- Investigate and resolve discrepancies, unusual transactions, and accounting errors.
- Maintain organised financial records and supporting documentation.

Monthly Management Reporting
- Prepare and review monthly profit and loss reports.
- Compile balance sheets and cash flow forecasts.
- Provide income and expenditure breakdowns.
- Analyse gross profit and overall business profitability.
- Report on vehicle sales and associated financial performance.
- Monitor operating expenses and overheads.
- Track bank balances and overall cash position.
- Review outstanding customer receivables and supplier payables.
- Assess VAT position and liabilities.
- Conduct month-on-month financial comparisons.
- Highlight unusual expenditure, discrepancies, and areas requiring management attention.

Candidates must be comfortable analysing financial figures and explaining significant movements, variances, and findings clearly to management.

Required Qualifications
- Minimum of 2 years of bookkeeping experience.
- Proven practical experience with the VAT Margin Scheme for second-hand vehicles is essential.
- Experience preparing monthly management accounts or financial reports.
- Strong understanding of bookkeeping principles, bank reconciliations, ledgers, and VAT.
- Proficiency with accounting software such as Xero, QuickBooks, or similar platforms.
- Ability to prepare and review monthly profit and loss reports.
- Strong analytical skills and attention to detail.
- Confidence in investigating transactions and resolving discrepancies.
- Excellent written and spoken English communication skills.
- Ability to work independently and take ownership of the bookkeeping function.
- Trustworthiness and discretion when handling confidential financial information.

Preferred Qualifications and Benefits
Experience in the motor trade, vehicle dealerships, or other high-volume transaction businesses will be an advantage. This role offers the opportunity to take ownership of the bookkeeping function within an established UK car dealership. You will play a vital role in maintaining accurate accounts, improving financial reporting, and supporting management in making informed business decisions.

Qualified candidates are encouraged to apply by submitting their CV along with a brief summary of their bookkeeping experience, practical VAT Margin Scheme knowledge, monthly financial reporting experience, and familiarity with accounting software.

Applicants should be prepared to answer the following:
1. Do you have experience preparing monthly management accounts or financial reports?
2. Do you have experience preparing bookkeeping records for VAT returns?
3. Do you have practical experience with the VAT Margin Scheme for second-hand vehicles, including calculating vehicle margins and maintaining the required records?
4. Can you prepare and review monthly profit and loss reports and explain significant financial movements or discrepancies to management?

Please note that applications without practical VAT Margin Scheme experience will not be considered.