Accountant - UK Accounts

Funavry Technologies (Pvt.) Limited is looking for an experienced Accountant with a strong background in UK tax compliance and bookkeeping to join their team on-site in Islamabad. The role involves supporting a portfolio of UK clients by maintaining accurate accounting records, preparing year-end accounts, and completing corporation tax and Self Assessment returns. The position requires working UK hours (12 PM to 9 PM) and demands meticulous attention to detail, effective client communication, and timely delivery in compliance with HMRC and Companies House regulations. Candidates should have at least one year of practical experience in UK tax and bookkeeping.

Key Responsibilities

- Bookkeeping and Reconciliations: Maintain, review, and update client bookkeeping records using Xero, QuickBooks Online, Capium, and Excel as applicable. Perform monthly bank reconciliations across multiple banks, companies, and currencies, resolving discrepancies promptly. Ensure accounting records are complete, accurate, and well-organized for review.

- Year-End Accounts and Accounting Adjustments: Prepare year-end schedules and journal entries, including accruals, prepayments, fixed assets, and other balance-sheet items. Prepare, review, and finalize statutory year-end accounts for various entities under UK reporting frameworks such as FRS 105 and FRS 102. Manage accounts for a diverse client portfolio including sole traders, partnerships, and limited companies.

- Tax Preparation and Compliance: Prepare corporation tax computations and CT600 returns, ensuring all supporting documents are complete and submissions meet deadlines. Prepare UK Self Assessment tax returns (SA100 and relevant supplementary pages) tailored to each client. Review income, expenses, reliefs, and allowances to calculate tax liabilities accurately. Collect and organize client tax documents such as P60s, P45s, P11Ds, and mortgage interest certificates.

- Statutory Filings and Deadlines: Prepare and submit statutory accounts and related documents to Companies House in compliance with filing requirements. Monitor client filing obligations and manage workflows to meet deadlines, including the 31 January Self Assessment deadline and other quarterly or periodic filings. Stay updated on HMRC and Companies House regulatory changes and ensure internal compliance.

- Client Communication and Review: Serve as the primary contact for assigned UK clients, addressing bookkeeping queries, tax calculations, and information requests clearly and professionally. Follow up with clients for missing information and maintain detailed records of communications. Identify unusual transactions or higher-risk cases and escalate them to the designated reviewer or manager.

Required Qualifications

- Bachelor’s degree in Accounting, Finance, or a related field from a reputable university.
- Minimum of one year of practical experience in UK tax and bookkeeping, preferably within a UK accountancy practice or a role serving UK clients.
- Strong working knowledge of UK bookkeeping, year-end accounts, and statutory reporting frameworks including FRS 105 and FRS 102.
- Practical understanding of UK Corporation Tax and Self Assessment return preparation.

Technical Skills and Knowledge

- Proficiency in accounting software such as Xero, QuickBooks Online, FreeAgent, and familiarity with Capium.
- Experience with HMRC online services and Companies House online filing processes.
- Advanced Microsoft Excel skills for reconciliations, schedules, and data analysis; working knowledge of Google Sheets.
- Solid understanding of UK personal tax bands, Personal Allowance, and treatment of earned and unearned income.
- Excellent organizational skills with the ability to manage multiple client files and meet deadlines consistently.

Key Performance Indicators (KPIs)

- Accuracy and completeness of bookkeeping records, reconciliations, year-end schedules, and tax returns.
- Timely completion of year-end accounts, CT600, and Self Assessment returns.
- Volume of client files completed monthly, considering complexity and review requirements.
- Compliance with HMRC and Companies House deadlines, minimizing avoidable late filings.
- Quality of client communication, responsiveness, and overall client satisfaction.
- Effective identification and escalation of discrepancies, missing information, and higher-risk cases.

The Accountant will report directly to the Chief of Global Business Services and collaborate closely with UK clients and the internal business development team to ensure all client records, accounts, and tax returns are prepared accurately and delivered on time. This role offers a competitive salary and an exemplary work environment.