Senior Accounts Assistant

Company Description

KGM UK, formerly Ssang Yong, is the official importer of KGM vehicles from Korea into the United Kingdom. With a rich history dating back to 1954, KGM specialises in producing award-winning SUVs, reliable 4x4s, and durable pickups. We pride ourselves on delivering tough and dependable vehicles tailored to meet the needs of all customers.

We are looking for a motivated and detail driven individual to join our Finance team and ensure the accuracy and efficiency of our accounting operations. You will play a key role in maintaining reliable financial processes that support colleagues, customers, and partners.

In this role, you will manage the company’s accounting records, ensuring prompt payments to KGM dealers and suppliers, and timely collection of all amounts due. You will maintain and reconcile the company cashbook with precision, particularly around vehicle debtors and finance funded vehicles. You will also lead the preparation and submission of quarterly VAT returns and ensure accurate payments to HMRC.

Collaboration is essential. You will work closely with internal teams to keep financial workflows running smoothly and provide dependable financial information. If you thrive on accuracy, problem solving, and taking ownership, this role offers the chance to make a meaningful impact across the business.

Salary: £34,000–£36,000 per annum plus fantastic benefits including up to 2 ECOS vehicles

• Cashbook & reconciliation
• Process all cashbook transactions and prepare weekly bank reconciliations for GBP and Euro accounts
• Reconcile and post receipts from fleet and other customers onto sales ledger accounts
• Reconcile vehicle debtor balances, including vehicle funding transactions, on a regular basis
• Process all funds received from vehicle funding providers and the associated payments made to the finance company for dealer funded vehicles

• Vehicle funding
• Reconcile vehicle debtor balances including vehicle funding transactions on a regular basis, including managing and chasing overdue debts
• Process all funds received from all vehicle funding receipts from finance company
• Process the associated payments made to the finance company for vehicles funded with dealers

• Sales ledger & receivables management
• Manage the processing of all sales ledger receipts, including monthly Direct Debit collections from all dealers
• Reconcile dealer parts, warranty, and other sales accounts, including contras and offsets
• Prepare and issue monthly balance letters to approximately 80+ dealers
• Prepare the monthly aged debtors report for senior management and head office

• Purchase ledger & payables
• Supervise the processing of all purchase ledger invoices and ensure timely payments to suppliers
• Set up and process a variety of payments including Faster Payments, BACS, CHAPS, and international payments
• Process and pay all staff expenses and staff deductions

• VAT & compliance
• Produce the quarterly VAT return and submit it to HMRC within required deadlines
• Post all associated VAT journals and ensure VAT payments are made on time

• Month-end, Team management & cover
• Assist the accounts team with preparing monthly accounts in a timely manner
• Responsible for the coaching, day-to-day leadership, career development, and appraisal for the Accounts Assistant
• Ad hoc duties as required – willingness to assist other team members during busy periods

• Prior experience of managing a company’s cashbook, purchase ledgers and sales ledgers
• Experience in preparing complex reconciliations
• VAT experience
• Desirable – Automotive experience including use of Kerridge vehicle systems

• Minimum of 5 GCSEs at level 4/C or above (or equivalent)
• AAT full or part qualified
• Qualified by way of detailed accounting experience with more than one business

• Intermediate Excel experience, including V-lookups
• Ability to work under pressure and meet deadlines
• Excellent time management skills with a proven ability to meet deadlines
• Excellent organisational skills and attention to detail
• Strong communication skills
• Competent ability of managing suppliers and customers relations over the telephone/email
• A strong team player is essential

• Reliable and dependable
• Honest and trustworthy
• Supportive and helpful to colleagues across the business
• Takes ownership of assigned tasks
• Willing to assist others when needed
• Proactive and able to use initiative

• Full in-house systems training will be given
• External training courses provided, where appropriate
• Further training and development opportunities may be available

TRUST:
Build strong partnerships through honesty and accountability

DEDICATION:
Strive for brilliance in everything we do

PUSH BOUNDARIES:
Drive innovation by embracing new challenges and ideas

CUSTOMER FOCUS:
Driving excellence by understanding every need.