Senior Finance Assistant

Senior Finance Assistant

Department: Finance

Reporting to: Finance Manager

Job Family: Finance

Salary range: £30,000 - £35,000

Role Overview and Key Responsibilities
The Senior Finance Assistant will assist with day-to-day finance tasks, managing a portfolio of tasks. In addition to accounting entry and accounting reconciliations you will also participate in ad hoc projects, including financial reporting, process improvement and working with the finance system.

Key responsibilities include
- Using systems to record financial data
- Perform and streamline our bank reconciliations
- Working closely with our Senior Credit Controller by tracking our billings and invoicing & assisting with debt collection
- Assist the Finance Manager in the production of monthly reporting & payroll
- Daily cash reconciliation
- Factoring reconciliation
- Participate in new software implementation
- Manage purchase ledger invoices & support on accounts inbox queries

Key Competencies

Critical thinking/problem solving - Intermediate:
Draws on experience and data to solve problems and to devise solutions, systems and processes aligned to divisional objectives.

Customer focus - Intermediate:
Preempts needs and seeks to optimise processes etc. to enhance the customer experience. Adapts their approach based on the type of customer and nature of the needs. Balances the needs of customers with other needs. Listens to feedback and uses this to improve.

Telling stories with data - Basic:
Able to collect data, create simple reports and use straightforward data to inform decisions.

Relationship building - Basic:
Has a network within the function and with some key teams needed to complete tasks.

Knowledge, Skills & Experience
Professional accounting standards - Basic:

• Demonstrate awareness and knowledge of the professional accounting standards.
• Apply those principles to accurately record financial transactions and maintain appropriate supporting documentation.

Transactional accounting and closing processes - Basic:

• Perform all activities within the receivables process; calculate non-complex provisions using appropriate methods; identify risks of bad debts.
• Perform all activities within the payables process.
• Perform month-end close activities and provide accurate and timely financial submissions.
• Reconcile sub-ledgers to general ledger and perform other related account reconciliations; evaluate accounts for legitimacy and balance substantiation.
• Understand the different components and interdependencies of the organisation’s chart of accounts.

Financial reporting and compliance - Basic:

• Understand and describe the main elements of financial statements and reports.
• Understand general compliance requirements and provide accurate and timely financial submissions.

Essential qualifications and registrations

There are no essential qualifications or registrations required for this role other than relevant experience however it is desirable that the Senior Finance Assistant is qualified in AAT or is studying towards an accounting qualification, and has experience with credit control & payroll.

This job description is an indication of the scope of the role. In addition to these functions, employees are required to carry out such other duties as may reasonably be required.

Job Types: Full-time, Permanent

Salary: £30,000.00-£35,000.00 per year

Benefits:

• Casual dress
• Work from home

Schedule:

• Monday to Friday
• No weekends

Ability to commute/relocate:

• London: reliably commute or plan to relocate before starting work (required)

Work Location: Hybrid remote in London