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Senior Finance Assistant - International City-based Bank - Apply now

Salary: £35,000 - £40,000
Location: City of London
Type: Temporary, Full time

My client is an International city-based bank and asset manager who are looking for a finance assistant to temporarily join their team on a 6 - 12 month period. They are located close to Liverpool Street Station with an office population of 300+.

Applicants must be studying towards ACCA, CIMA, ACA or AAT with experience in SUN accounting mandatory.

JOB PURPOSE:

  • Responsible for assisting the Financial Controller and the Finance/Fees team in a range of accounting, finance and client billing tasks.

DUTIES AND RESPONSIBILITIES:

ACCOUNTS PAYABLE

  • Controlling the receipt and initial recording of all incoming invoices from suppliers
  • Obtaining all relevant authorisation prior to initiating payments
  • Processing payment of invoices received
  • Ensuring that all relevant accounting entries are raised and reconciliation performed
  • Reviewing expenditure against budget
  • Liaising with both suppliers and personnel in relation to aged invoices and ad hoc queries
  • Keeping filing records up to date

RECONCILIATIONS & REVENUE RECOGNITION

  • Complete all bank and petty cash account reconciliations within agreed timescales
  • Identify all revenue received, update tracker and process all relevant accounting entries and pass to Supervisor/Financial Controller for review
  • Ensure that reconciling items are investigated and cleared in a timely fashion
  • Maintain strict controls on all cash movements

FINANCIAL / MANAGEMENT REPORTING

  • Assisting the Financial Controller with the preparation of month-end accounts (eg accruals, prepayments, depreciation, etc) and reporting
  • Assisting the Financial Controller with the completion of regulatory and other ad hoc reports
  • Processing of entries using Sun accounting package

FEES

  • Assisting the fee billing clerks in ensuring that the fee billing process is completed in line with appropriate deadlines and to provide cover on all Client invoice and billing processes.
  • Facilitating the implementation and further enhancement of a new billing system by assisting the fee billing clerk in any testing that may be required and assisting with the changes in future billing processes.

QUALIFICATIONS AND EXPERIENCE:

  • A Part-Qualified accountant or training for the Accounting exams. The candidate would ideally have 1-2 years accounts payable experience. Experience with Sun accounting package is required.
  • Experience in system orientated work environment required, in particular Microsoft Excel.
  • Any experience working in the investment management sector is desirable but not essential.
  • The candidate should also display the following competencies and traits:

- A structured and determined approach to work.

- A willingness to take ownership of problems.

- The ability to communicate well with fellow staff members (at all levels), supplier and customers.

SUPERVISORY RESPONSIBILITY:

  • None.

SUPERVISION RECEIVED:

  • Postholder reports to the Financial Controller.

CONTACTS:

  • Externally with suppliers/creditors; internally with Heads of Departments and Financial Controller.

SPECIAL NOTES OR CONDITIONS (IF APPLICABLE):

  • Standard hours of work will be 9.00am to 5.00pm, Monday to Friday inclusive. However there may be requirements to work outside of these hours during the busy month end periods.