Assistant Financial Accountant

ABL; City Of London; On-site; GBP 42,000 - 50,000; Full time

Job summary

A well-established finance firm in London is looking for an Assistant Financial Accountant. This role focuses on accounts payable, financial reporting, and participating in internal projects. Ideal for part-qualified accountants actively studying for their full qualification, this position offers a salary of £50,000 and a chance to contribute to process improvements in a collaborative environment.

Qualifications

• Part-qualified accountant actively studying toward full qualification.
• Previous experience in accounting, auditing, or finance preferred.
• Strong understanding of reconciliation principles, accruals, and prepayments.

Responsibilities

• Support the Financial Controller in reconciling financial records.
• Assist with monthly and quarterly financial accounting.
• Process invoices and manage Accounts Payable tasks efficiently.

Skills

Time management

Analytical skills

Problem-solving

Team collaboration

Communication

Education

Part-qualified accountant (ACCA, CIMA or equivalent)

Tools

SAGE

Excel

Job description

Overview

An excellent opportunity has arisen for a part-qualified accountant to join a well-established finance team as an Assistant Financial Accountant. The role focuses primarily on accounts payable, receivable, fixed asset accounting, and property-related revenue and expense management.

You will play a key role in ensuring timely supplier payments, accurate financial reporting, and supporting the wider finance team in monthly, quarterly, and annual reporting. This position also offers opportunities to get involved in internal projects and process improvement initiatives.

Job Details

Job Title: Assistant Financial Accountant

Location: London
Work style: Onsite office-based role
Salary: 50,000

Essential Experience: Previous experience within accounting, banking or auditing fields, preferably in the financial services sector

Key Responsibilities

• Support the Financial Controller in reconciling financial records, posting journals, and reviewing bank reconciliations.
• Assist with monthly and quarterly financial accounting to ensure accurate and timely month-end close.
• Contribute to budgeting, forecasting, and financial control processes, including coordination with business units on financial plans.
• Process invoices and manage Accounts Payable tasks efficiently and accurately.
• Reconcile monthly AP/AR balance sheets.
• Work with the property services team to manage reporting and reconciliation for rental properties.
• Manage monthly payment runs and ensure supplier payments are made on time.
• Assist with the preparation of monthly, quarterly, and annual financial reports.
• Participate in ad hoc financial projects and process improvements.
• Ensure compliance with internal risk management, IT security, and data protection policies.

Skills, Experience, and Qualifications

• Part-qualified accountant (ACCA, CIMA, or equivalent), actively studying toward full qualification.
• Previous experience in accounting, auditing, or finance - ideally within financial services or a similar sector.
• Strong time management skills and ability to handle high volumes of invoices and expense claims.
• Sound understanding of reconciliation principles, accruals, and prepayments.
• Working knowledge of SAGE and exposure to VAT principles.
• Advanced IT proficiency, especially in Excel and Microsoft Office.
• Excellent analytical, problem-solving, and communication skills.
• Collaborative team player, comfortable working in a small and flat-structured environment.