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​Accounting in the UK

The accounting profession is worth around £59 billion to the UK economy, and is widely regarded as an essential ‘language of business’. Whether as part of an in-house team or through an accountancy practice, finance professionals come with different specialisms that ensure that the right amount of money is in the right place at the right time.

Not all accountancy roles require qualifications, though there are plenty of chartered membership groups ready to offer out highly sought after letters – AAT, ACCA, ACA, CIMA, ICAEW, CIPFA to name just a few. Many of the vocational qualifications offered by these bodies are equivalent to degree classifications, and in some cases can be worth more!

Whether it’s a management accountant, credit controller, financial analyst or a bookkeeper you need, Select work with a wide range of accountancy and finance professionals to ensure that your staffing needs are filled with the right people. Get in touch with us today and find out how we could help your finance team.

​Accounting and finance jobs

Often called theLanguage of Business, Finance professionals are responsible for managing a business’ money. The business functions of a finance department typically include strategising, organising, auditing, accounting for and controlling its company’s finances. It is an integral function involved in communicating the information that owners, managers, and investors need to evaluate a company’s financial performance.

As such, large businesses have many different types of personnel in their finance team. For examples, scroll down.

Accountancy practice

Whilst there are lots of generalist services in this sector, Practice positions usually involve being technical experts in key areas such as Tax, VAT and Audit. Being a private client accountant in a practice can typically offer some of the most competitive remuneration schemes in the industry, as there are often lots of incentives to acquire and retain clients on behalf of your firm.

Management accounting

Management accountants take into account a wide range of financial data from across the business in order to provide the senior leadership teams with organisational strategy. This could be invoicing, sales forecasting, profit & loss, stock/inventory management and obligations such as risk or tax.

Bookkeeping

AKA Purchase Ledger, Sales Ledger, Accounts Payable

Bookkeeping is a more generalist finance position that’s usually responsible for recording the financial transactions within the business. As a profession, bookkeeping is typically automated within larger businesses; plenty of small-medium enterprises still rely on them to help keep their affairs in order.

Credit control

Credit controllers are responsible for collecting on outstanding invoices, making sure that customers and clients stay true to their word on payment terms and assessing the suitability of any new potential business relationship by determining how much credit a business can afford to extend without exposing themselves to excessive risk.

Payroll

Keeping your staff happy is important, and so is getting them paid! Payrollers are responsible for getting paycheques settled in due time, issuing payslips and dealing with any queries relating to pension, tax or other deductibles.

Financial analysis

Financial analysts often handle the more technical aspects to the accountancy department – implementing and managing financial systems, management information, analysing statistics across the company and reporting on their findings.

If you would like to know more about financial recruitment, please don’t hesitate to get in touch. If finance or accounting isn’t for you, take a look at the other areas of recruitment we cover.

Jobs in Accountancy & Finance

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Bookkeeper
Hornchurch, Greater London, England£25000 - £30000 per annum

Do you enjoy building relationships and supporting others, with the ability to manage a portfolio of client accounts with timeliness and accuracy? Our client, an accountancy consultant and taxation...

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Payroll Assistant
Bowthorpe, Norfolk, England£0 - £11088 per annum

Are you keen to develop your skills and knowledge within payroll and accounts? Or maybe you're an already proficient and established Payroll assistant? Do you enjoy working as part of a friendly an...

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Finance Manager
Witham, Essex, England£35000 per annum

Looking to jump straight into a Finance Management role? Are you holding onto an ATT Accountancy Level 3 qualification (or equivalent)? Does travel and culture excite you? We want to hear from you!...

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Credit Control Administrator
Welwyn Garden City, Hertfordshire, England£20000 per annum

Credit Control Administrator Welwyn Garden City/Remote working £18K-£20K Mon – Fri 8:30-5pm (1 hour lunch) 20 Days holiday This dynamic business, who are specialists in their field are looking for ...

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