Assistant Accountant - Accounts Receivable - 6 Months FTC

Financial Reporting Council; Birmingham; Hybrid; GBP 28,000 - 38,000; Full time

Benefits offered by this job

30 days annual leave

Cycle to work

10% employer pension contribution

Employee Assistance Programme

Work-life balance ethos

Job summary

The Assistant Accountant - Accounts Receivable role at Financial Reporting Council (FRC) manages the organisation's Accounts Receivable function, reconciles bank accounts, and supports month-end processes from a Birmingham base. The role maintains customer accounts, resolves queries, and contributes to robust financial controls in a public sector governance context.

Working in a hybrid arrangement with a 40% office presence, you will support the Revenue Manager and Financial Controller, produce

Qualifications

• Experience in accounts receivable and bank reconciliation processes.
• Strong understanding of accounting principles and practices.
• Knowledge of accruals and prepayments.
• Proficiency in accounting systems and Microsoft Office, especially Excel.
• Strong numerical, analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to prioritise workloads, work independently and meet deadlines.
• Knowledge of Managing Public Money and public sector requirements.
• Support the Revenue Manager and Financial Controller to deliver finance objectives.
• Build relationships with stakeholders and respond to financial queries.

Responsibilities

• Prepare and issue customer invoices accurately and promptly.
• Review aged debtor reports weekly and follow up outstanding balances.
• Investigate and resolve invoice and payment discrepancies.
• Produce and analyse weekly aged debtor reports to monitor collections.
• Manage the Levies inbox and respond to queries.
• Prepare balance sheet reconciliations and income journals for month-end.
• Process daily cashbook and keep bank records up to date.
• Reconcile discrepancies between bank statements and the system.
• Complete month-end reconciliations for bank accounts and corporate cards.
• Provide system support for WebExpenses and One Advanced and prepare finance reports.
• Support month-end and year-end reporting and cover Accounts Payable when needed.

Skills

Accounts receivable

Bank reconciliation

Excel

Public sector finance

Communication

Attention to detail

Time management

Problem solving

Tools

WebExpenses

One Advanced

Accounting systems

Job description

The Assistant Accountant - Accounts Receivable is responsible for managing the organisation's Accounts Receivable function and ensuring the accurate and timely reconciliation of bank accounts. The role includes maintaining customer accounts, resolving queries, performing balance sheet reconciliations, and supporting month-end activities. The successful candidate will contribute to the efficient operation of the finance function while ensuring compliance with organisational policies and public sector financial requirements.

Accounts Receivable

• Prepare and issue customer invoices accurately and in a timely manner.
• Review aged debtor reports on a weekly basis and actively follow up outstanding balances.
• Investigate and resolve invoice and payment discrepancies promptly.
• Produce and analyse weekly aged debtor reports to monitor collection performance.
• Manage the Levies inbox, responding to customer and stakeholder queries.
• Prepare balance sheet reconciliations and income journals as part of the month-end close process.
• Process and maintain the daily cashbook, ensuring bank account records remain accurate and up to date.
• Investigate and resolve discrepancies between the bank statements and the system.
• Complete month-end reconciliations for FRC bank accounts and corporate credit cards.

General and System Support

• Provide system support for WebExpenses and One Advanced.
• Prepare ad hoc management information and financial reports as required by the Finance Team.
• Support month-end and year-end financial reporting activities.
• Provide cover for Accounts Payable and undertake general finance administration duties as required.

Skills, Knowledge & Expertise

• Experience in accounts receivable and bank reconciliation processes.
• Strong understanding of accounting principles and practices.
• Knowledge of accruals and prepayments.
• Proficiency in accounting systems and Microsoft Office applications, particularly Excel.
• Strong numerical, analytical, and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to prioritise workloads, work independently, and meet strict deadlines with accuracy and attention to detail.
• Knowledge of Managing Public Money principles and public sector financial requirements.
• Support the Revenue Manager and Financial Controller in delivering finance objectives.
• Build effective working relationships with internal and external stakeholders.
• Respond professionally and effectively to financial queries and issues.
• Investigate and resolve financial discrepancies with minimal supervision.
• Exercise sound judgement when managing customer accounts and reconciliation issues.
• Take ownership of tasks and identify process improvements where appropriate.
• Self-motivated and capable of organising and managing own workload effectively.
• Demonstrates a proactive and flexible approach to work.
• Strong team player with a collaborative mindset.
• Committed to delivering high-quality work and continuous improvement.
• Contribute to maintaining strong financial controls and accurate financial records.
• Ensure finance processes comply with FRC requirements and public sector governance standards.

Rewards and benefits

• The FRC offers remuneration packages, including 30 days annual leave, ability to buy extra leave.
• Generous employer pension contribution of 10%.
• Staff Employee Assistance Programme including confidential counselling and work life services.
• The FRC offers staff the opportunity to save at least 25% on the purchase of a new bike through the Cycle to work scheme.
• The FRC has a strong work/life balance ethos.

The FRC believes that equality of opportunity and diversity is important in the work that we do and we are strongly committed to being an inclusive employer. Our values of being fair and independent supports this commitment. Equal opportunities monitoring is an important means of demonstrating and implementing our commitment to promoting equality of opportunity and diversity. Completing our diversity form will assist the FRC to identify any barriers that prevent access to employment and career development for certain groups of people, and to develop solutions, such as action plans, new policies and practices. The FRC operates a hybrid working arrangement, with a expectation that 40% per month of a person's working time will be located at one of our offices, with precise arrangements to be agreed between the employee and the line manager

The FRC is a Disability Confident Employer, and therefore, people or individuals with disabilities and long-term conditions, as defined by the Equality Act 2010, who meet the minimum criteria for a role will go through to the next stage of the recruitment process. In cases of high application volumes, we may progress applicants whose experience most closely matches the role's key requirements.

The role is based in our central Birmingham office. The post holder should be able to work flexibly to support the team’s activities and also provide cover within the FRC as necessary. The FRC operates a hybrid working arrangement with its workforce. The FRC operates a hybrid working arrangement, with a expectation that 40% per month of a person's working time will be located at one of our offices per week, with precise arrangements to be agreed between the employee and the line manager.