The Finance Associate provides vital support to the finance and accounting team by ensuring accurate financial record-keeping, processing transactions, and assisting in reporting and compliance. This role is essential for maintaining smooth day-to-day financial operations and upholding the integrity of the company's financial data.
Reports to
Finance Manager
Key Responsibilities
- Bookkeeping and Data Entry
- Accurately record daily financial transactions (sales, purchases, expenses) using SAGE and Odoo accounting software
- Maintain ledgers, journals, and all relevant supporting documentation
- Reconcile accounting entries to ensure accuracy and consistency
- Accounts Payable (AP)
- Process supplier invoices, verify details, and ensure timely payments
- Maintain records of vendor contracts, payment terms, and due dates
- Reconcile supplier statements and resolve billing discrepancies
- Accounts Receivable (AR)
- Generate and issue accurate sales invoices to customers using CRM
- Reconcile and close jobs in coordination with Operations Team
- Monitor accounts receivable, follow up on outstanding payments, and maintain aging reports
- Record incoming payments and match them to customer accounts
- Tax and Compliance Support
- Assist in preparing and filing VAT and other tax returns
- Maintain proper records for tax audits and financial inspections
- Support compliance with internal financial controls and external regulations
- Payroll Assistance
- Gather and verify employee timesheets, leave records, and deductions
- Collaborate with HR and Finance Manager to ensure accurate and timely payroll processing
- Maintain records of employee reimbursements and expense claims
- Financial Reporting Support
- Assist in the preparation of monthly financial reports and management summaries
- Compile and organize supporting documentation for audits or reviews
- Provide data and administrative support during financial close processes
- Filing and Document Management
- Maintain a well-organized system for digital and physical financial records
- Ensure all documentation is properly labeled, filed, and easily retrievable
- Support archival of outdated financial documents in line with policy and legal guidelines
- Communication and Coordination
- Serve as a point of contact for vendors, customers, and banks on routine finance matters
- Coordinate with other departments to collect financial information as required
- Support the finance team with administrative tasks and ad-hoc financial projects
Requirements
Qualifications and Experience
- Bachelor's degree or Professional qualification in Accounting, Finance, or related field
- 2-4 years of experience in a finance or accounting support role
- Basic understanding of accounting principles and financial reporting
- Proficient in MS Excel and accounting software
- Experience in SAGE and Odoo is preferred
Key Skills
- Strong attention to detail and accuracy
- Good organizational and time management skills
- Ability to handle confidential information with integrity
- Strong communication and teamwork abilities
- Eagerness to learn and grow in a finance career