Finance Officer

Welsh Revenue Authority; Merthyr Tydfil, Cardiff; Hybrid; GBP 25,000 - 35,000; Full time

Job summary

Welsh Revenue Authority in Wales offers a hybrid working pattern with some office attendance at Merthyr or Cardiff. The Finance Officer role supports the Finance Manager by handling daily accounts payable and receivable entries, bank reconciliations, and the maintenance of accurate financial records.

You will produce financial reports and analysis to support decision-making, assist with month-end tasks, VAT returns, and cash flow forecasting, and liaise with internal teams and external auditors

Qualifications

• AAT fully qualified or CCAB/CIMA part qualified.

Responsibilities

• Processing and recording of tax payments and repayments accurately and promptly.
• Processing the organisation's financial transactions, including accounts payable and receivables.
• Matching of AP invoices against Purchase Orders on the finance system in line with WRA policy
• Reconciling financial statements and maintaining financial records.
• Providing financial reports and analysis to support decision-making.
• Assist managers in the processing of unallocated payments & dealing with audit requests.
• Timely processing of all unallocated invoices ensuring that the query is raised with the supplier and / or authorising division on the day that it is received.
• Process Dunning Letters to customers who have fallen into debt.
• Issue remittance advice slips to suppliers following payment.
• Ensure that all financial documents are saved to the system in accordance with WRA requirements.
• Liaising with the wider organisation as well as external stakeholders such the WRA Operations Team, suppliers and auditors.
• Supporting the finance team in various administrative tasks and projects.
• Assist in the preparation of month end tasks, quarterly VAT returns & cash flow forecasting requirements of the business.
• Contributing to process improvements and efficiency initiatives within the finance team.
• Provide administrative support to the Finance Management Team as and when required.

Skills

Accounts Payable

Accounts Receivable

Bank Reconciliation

Financial Reporting

Cash Flow Forecasting

Audit Support

Financial Analysis

Education

AAT fully qualified

CCAB/CIMA part qualified

Job description

Location

We encourage flexible and hybrid working. Some office attendance will be required based on business needs. This role is based in our Merthyr or Cardiff office.

About the job

Job summary

We’re responsible for Land Transaction Tax, Landfill Disposals Tax and the introduction of the Visitor Levy in Wales. Our work raises revenue to support public services, like the NHS and schools, in communities across Wales. But that’s not all, we're also involved with and support future tax design for Wales.

Join a place with purpose

You’ll join a team of 100+ talented people from across 14 different professions. Our culture is best described as innovative, collaborative and kind.By working together, we’ll deliver a fair tax system for Wales.

Our people

You’ll be working with people from a wide range of backgrounds and experience. From Operations, Policy, Digital and Data, HR, Communications to Finance – there’s a place for you in our friendly team.

Job description

Working directly to the Finance Manager, the Finance Officer will play a significant role in delivery of all the daily tasks required to make the Finance department function, supporting the Corporate and Tax Finance areas. It is a broad role, covering a wide variety of tasks that ensure the Finance department can meet the needs of all their internal and external customers. The successful candidate will enjoy the detail-oriented nature of the entry of Accounts Payable (AP) and Accounts Receivable (AR) documents onto the finance system alongside the preparation of daily bank reconciliations.

The Finance Officer will need to be organised and resilient to ensure that they can work efficiently across a variety of tasks, covering the team’s needs by having the ability to learn in an ever-changing environment. They will be visible internally within our close-knit Finance team, while building cross-functional relationships with members of other teams within the WRA to ensure purchases, expenses and operations continue to run smoothly. To be successful in the role, they will be confident in explaining how decisions have been reached within our processes while providing excellent, timely customer service to both internal and external customers.

The finance function is still growing. We are looking for individuals who are flexible and adaptable, who appreciate that the WRA is still forming and there is much to do, and that the role could evolve as we become more established as an organisation.

“Working at the WRA has been a breath of fresh air from day one. It is exciting to be part of a new tax authority in Wales responsible for collecting and manging the first devolved taxes, helping to support Welsh public services. The WRA has provided me with the opportunities to develop and utilise my finance and leaderships skills in an organisation committed to supporting the process of delivering a fair tax system for Wales. We are a small, close-knit team of specialist individuals who support each other and the wider organisation to provide the best possible service for our taxpayers. Since joining in 2019, I have never looked back and would recommend anyone looking for a new and exciting opportunity look no further than the WRA.”

- Stephen Cooper, Senior Finance Manager

Person specification

• Processing and recording of tax payments and repayments accurately and promptly.
• Processing the organisation's financial transactions, including accounts payable and receivables.
• Matching of AP invoices against Purchase Orders on the finance system in line with WRA policy
• Reconciling financial statements and maintaining financial records.
• Providing financial reports and analysis to support decision-making.
• Assist managers in the processing of unallocated payments & dealing with audit requests.
• Timely processing of all unallocated invoices ensuring that the query is raised with the supplier and / or authorising division on the day that it is received.
• Process Dunning Letters to customers who have fallen into debt.
• Issue remittance advice slips to suppliers following payment.
• Ensure that all financial documents are saved to the system in accordance with WRA requirements.
• Liaising with the wider organisation as well as external stakeholders such the WRA Operations Team, suppliers and auditors.
• Supporting the finance team in various administrative tasks and projects.
• Assist in the preparation of month end tasks, quarterly VAT returns & cash flow forecasting requirements of the business.
• Contributing to process improvements and efficiency initiatives within the finance team.
• Provide administrative support to the Finance Management Team as and when required.

Qualifications

AAT fully qualified or CCAB/CIMA part qualified

Languages

We’ve undertaken an objective assessment of the Welsh language skills needed to undertake the duties of this role. For this role: Welsh language skills - Welsh skills are not essential. This means that you do not need Welsh language skills to undertake this role and these skills won’t be assessed during the recruitment process. However, we actively encourage all staff to learn, or improve their Welsh language skills and offer a range of opportunities to suit everyone.