Finance Associate

GradBay
London
GBP 60,000 - 80,000
Job description

Job Description

  • Job Title: Finance Assistant
  • Location: Central London
  • Salary: £25,000 - £26,000 + benefits

The Company

A new British label dedicated to the concept of one mile wear. Comfortable, colourful clothing that you can wear every day and everywhere. These are clothes for home and nearby.

Your Role

The business has doubled its sales each year for the last 3 years from £600k in year 1 to £4.8m in year 4. It has now reached the point where the volume of transactions means that there is a need for a Finance Assistant to help the Finance Director and free him up to focus on more operational and commercial activities and opportunities. The business is currently 12 people and so a lot of office related tasks are still carried out by Directors or senior staff and so there is also a need for some support in this area.

This means that this is a dual role with an estimated split of 3 days Finance and 2 days office support but the intention is that the person who takes this role will ultimately become a full time Finance employee.

So the job may be particularly attractive for someone starting out on their accountancy journey. The company will consider providing financial support for studying and exam fees once the candidate has been with the company for more than 6 months and proved themselves accordingly.

Key Finance Tasks

• Purchase invoice input and obtaining approval where necessary

• Processing of Corporate credit card costs ensuring ALL items backed by invoice receipt.

• Preparation of supplier payment listing – 2 per month

• Review staff expenses (which are submitting online) and check for correct posting and VAT treatment before finalising the posting.

• Supplier statement reconciliations

• Petty cash – monthly count, reconciliation and posting.

• Sales – processing of concession sales invoices

• Preparation of appropriate analyses for FD – eg property costs by shop; profitability of each brochure drop.

• Preparation and maintenance of cashflow

Office Admin Tasks

• Buying office or kitchen materials – either online or at shops

• Posting items to customers

• Banking cash from sales

• Property administration for the 2 shops including meter readings, security.

• Support at company events

• General support to office staff

Candidate Requirements

This is a really exciting opportunity for someone junior wanting to progress their finance career within a small company and with a clear progression structure for this role.

• Ideally 1 year or at least some experience of working in a Finance/Accounting function

• Attention to detail

• Hunger to learn

• Team player and “can do” attitude. Must be prepared to roll up sleeves to get things down. We are a small business and so everyone helps out at the relevant time

• Analytical and able to use initiative

• Need to be able to demonstrate that Finance is intended career

• Confident nature

• Strong Excel skills and system skills

Would be very helpful if also had the following:

• Xero user.

• Experience in retail

Benefits

• 20 days holiday + 8 days bank holidays

• Holiday for your birthday

• Staff discount - 40% off

• Workplace pension

• Team events

• Performance related discretionary bonus scheme

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