Junior Finance Assistant

Formula E; London; Hybrid; GBP 25,000 - 45,000; Full time

Job summary

An established industry player in motorsport is seeking a dedicated finance assistant to support their finance department. In this dynamic role, you will be responsible for processing financial transactions, assisting with month-end tasks, and managing accounts payable and receivable. The ideal candidate will possess a keen eye for detail, strong communication skills, and a proactive approach to learning. This position offers a unique opportunity to be part of a forward-thinking organization committed to innovation and excellence. If you're passionate about finance and eager to grow your career in a fast-paced environment, this role is perfect for you.

Qualifications

• Experience in finance/accounting preferred, training available for software.
• Understanding of VAT and basic accounting knowledge required.

Responsibilities

• Support finance department with processing financial data and maintaining records.
• Assist with accounts payable and receivable tasks, ensuring accuracy.

Skills

Deadline management

Communication skills

Excel proficiency

Attention to detail

Proactive learning

Education

Degree in finance or accounting

Tools

SAP

Job description

Your Role

To provide essential support to the finance department by accurately processing financial data, maintaining records, and assisting with various accounting tasks in a fast-paced environment.

Key Deliverables

Accurate day-to-day processing of financial transactions, support in month-end tasks and taking ownership of allocated tasks to meet deadlines.

Duties & Responsibilities:

• Accounts Payable team support - input new supplier details in system, post invoices, check purchase orders, update bank details (about 10% of time)
• Accounts Receivable team support – quote preparations, update Smartsheet for paid/raised invoices, take credit card payments, issue invoices when needed
• Ownership of daily payment allocation– upload banking as a priority each day from multi-currency banks in various countries and allocate payments, follow up with any outstanding items
• Assistance with input of payments (recurring weekly - urgent payments - and twice a month standard payment runs)
• Credit Cards management (PLEO) – post monthly journals in time for month-end closing, check receipts, manage new cards, review for non-compliance
• PSA tax calculations – assist with preparation of data for the annual tax calculation
• Submission of monthly, quarterly & annual National Statistics surveys
• Ownership of Berlin local invoices tracker – regular communication with local team to ensure all invoices received, correct, and cash balance agreed
• Assist the Finance Department with ad hoc financial & administration tasks, such as:
  • Help with Brazil/Japan/Mexico/Spain local accounts – add reconciliation data in files
  • Assist with VAT returns in various countries
  • Help with Audit queries – bank statements, invoice requests
  • Filling in various tax & legal forms as requested
  • Prepayments, accruals, journal reclasses, FX postings, lease journals etc.

What We Are Looking For

Experience required:

• Experience working in finance/accounting team preferred
• Experience with software system (SAP) however full training will be given for those without

Knowledge required:

• Understanding of VAT
• Basic accounting knowledge (double entry, invoicing, reconciliations)
• Other languages are a plus – Spanish, Japanese, Arabic, Portuguese etc.

Skills and aptitudes required:

• Ability to meet deadlines and handle multiple priorities effectively
• Good verbal and written communication skills for collaborating with internal teams and external stakeholders
• Intermediate Excel skills

Professional Membership:

• Working towards CIMA, ACCA or similar qualifications

Personal qualities required:

• Team player
• High level of accuracy and attention to detail is a must
• Quick & keen learner
• Ability to work unsupervised and be proactive

Interests:

• Interested in learning new things and developing new skills

Educational attainment:

• Degree in finance or accounting

Circumstances:

• Live in London or have the ability to travel to the office 2-3 times a week

What's in it for you?

Check out the rest of our Perks & Benefits here!

Application Process

Think you’ve got what it takes to join our race to the future?

The closing date for this role is 18th March 2025, however if we receive a high volume of applications we may close it early.

We’ll see you at the starting line!

¡VAMOS!

If this role isn’t quite for you but you want to join Formula E, why not ‘Connect’ with us here to be the first to know of new opportunities!

Formula E is proud of our commitment to EDI and welcomes applications from underrepresented groups. We wish to provide equal opportunities regardless of an individual's protected characteristics. We believe in attracting and retaining a diverse workforce to enrich Formula E with a variety of experiences, backgrounds, and perspectives.

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