Graduate Trainee Accountant

Taylor James Resourcing; Greater London; On-site; GBP 32,000 - 35,000; Full time

Job summary

A global financial services firm is looking for a Trainee Financial Accountant in London. This position requires a recent accounting graduate with knowledge of accounting fundamentals and proficiency in Excel. Responsibilities include managing fee income calculations, debtor accounts, and supporting statutory financial statements. The role offers professional development opportunities in a dynamic work environment, ideal for those pursuing a career in finance.

Qualifications

• Graduate (2022/23) with a degree in accounting and 12 months experience.
• Knowledge of accruals, prepayments, reconciliations, trial balance.
• Study path towards a professional accountancy qualification.

Responsibilities

• Calculate and account for fee income including accruals and invoices.
• Manage debtor accounts and resolve revenue queries.
• Support the production of statutory financial statements.

Skills

Good knowledge of accounting fundamentals

Highly proficient with Excel and Microsoft Office

Experience of accounting software

Knowledge of financial services industry

Education

Degree in accounting

Tools

Sun Systems/Vision

Job description

Senior Credit Controller / Reinsurance Accounting Technician

We are looking for a graduate with a degree in accounting. Our client is a Global Financial Markets Trading Company and a small Exchange based Trading and Broking firm. The role is a trainee Financial Accountant position working with the accounting, financial and management systems of a Global Wealth Manager. The right candidate will receive support for further professional development.

Job Details

• Date: 8 Dec 2023
• Sector: Finance / Accounting
• Type: Permanent
• Location: London
• Salary: £32,000 - £35,000 per annum
• Email: [e-mail]
• Reference: dbe3759

Requirements

• Graduate (2022/23) with a degree in accounting and 12 months accounting experience (including university placement schemes).
• Good knowledge of accounting fundamentals – accruals, prepayments, reconciliations, trial balance and double‑entry accounting.
• Highly proficient with Excel and other Microsoft Office software.
• Study path towards a professional accountancy qualification.
• Experience of established accounting software, preferably Sun Systems/Vision.
• Knowledge/experience of the financial services industry.

Responsibilities

• Sales ledger: calculation and accounting for fee income, including accruals, invoices, receipts and related adjustments.
• Revenue analyses – segmental and departmental.
• Debtor management.
• Revenue query resolution involving liaison with client account directors, administrators and the wider business.
• Maintenance of client billing data and payment details.
• Month end analyses and journal postings – accruals, prepayments and other journals.
• Management accounts and balance sheet reconciliation support.
• Variance analysis to prior actual and budget.
• Bank account management and reconciliations.
• Cash postings.
• Purchase ledger support – supplier and expenses queries, processing and payment.
• Assist in the production of statutory financial statements and external audit support.
• Communication with external bodies such as banks, advisers, third‑party administrators and auditors.
• Attend meetings and present suggestions in writing or verbally.
• Propose improvements to processes, controls and systems.
• Maintain up‑to‑date procedural documentation.
• Understand and adhere to financial and accounting regulations.
• Assist with accounting/financial tasks and projects as required.

Key Performance Indicators

• Accurate calculation and accounting for income, sales invoices, receipts and fee adjustments.
• Timely invoicing and cash collection in line with the established timetable.
• Accurate ledger coding for all posted transactions.
• Act in the spirit of the core values of the business and promote those values within working practices.
• Adhere to all internal policies – finance procedures and error reporting protocols.
• Immediate escalation of issues or problems to the line manager and/or Head of Finance or CFO as they arise.