Senior Finance Assistant

Fin House; London; Hybrid; GBP 40,000 - 70,000; Full time

Job summary

An innovative firm is seeking a Senior Finance Assistant to transform finance functions for startups and SMEs. This role promises a dynamic environment where you'll manage diverse client portfolios, ensuring efficient financial processes and providing valuable insights. You'll be at the forefront of finance innovation, gaining extensive experience across various industries. With a focus on career development and mentorship, this position offers a unique opportunity to make a significant impact while working in a vibrant, collaborative culture. If you're passionate about finance and eager to add value, this is the perfect role for you.

Qualifications

• Experience in balance sheet reconciliation and client finance management.
• Strong skills in payroll processing and VAT return preparation.

Responsibilities

• Manage day-to-day finance transactions for diverse clients.
• Prepare monthly financial reports and communicate insights.

Skills

Balance Sheet Reconciliation

Client Communication

Performance Analysis

Payroll Management

VAT Return Preparation

Invoice Processing

Fixed Asset Management

Credit Control

Time Management

Adaptability to New Technologies

Education

Degree in Finance or Accounting

Tools

Xero

Dext

Job description

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fin-director @ fin-house | Fuelling startups, scaleups and SMEs with awesome finance teams

The Key Bits:

Location: We are based in Waterloo (London) with a minimum of three days in the office a week

About fin-house:

At fin-house, we're fuelling start-ups, scaleups and SMEs with awesome finance teams.

The problem: The current go-to for start-ups and SMEs is outsourcing their finance function and team to accountancy firms who are very far removed from the business and often simply produce numbers without context.

Our solution: At fin-house we deliver 'in-house'. This means, our clients will have a team IN their business, providing proactive insight, advice and commercial support enabling them to make the right decisions at the right time. We make sure our clients get the finance function they need, when they need it, seamlessly integrated into their business.

Where You Will Play a Part:

This is no ordinary finance role… If you’re after normality, this isn’t for you! Your role will be to:

• Work across a portfolio of diverse companies, ranging from startups to established SME’s.
• Help transform the finance function into a value adding machine, supporting on the implementation and evolution of scalable systems and processes
• Processing and leading on the day-to-day transactions so everything is highly efficient and manual processes are minimal!
• Being a first point of contact for your clients and communicating effectively to external stakeholders.

What Success Will Look Like:

• You’ll be at the forefront of innovation in the finance function and make an impact on every organisation you support. You’ll be adding value, not just producing numbers!
• You’ll gain extensive experience across a wide variety of industries and sectors working in some of the most exciting startups and impact-driven organisations.
• The pace at which your career in finance will progress will be quicker here and we will work with you on a purposeful career development plan, with on-going mentoring.

Your Day to Day:

• Able to create and complete a balance sheet reconciliation pack from start to finish with ease
• Able to manage between 3-5 client ‘finance’ inboxes and ongoing communications with external and internal stakeholders.
• Can identify and communicate basic performance trends and variances within the monthly P&L report, particularly against budgeted/forecast targets
• Can analyse the monthly payroll/staffing costs, so able to post the monthly payroll journal and reconcile all staff related control accounts. This will include planning the PAYE/NI and Pension liabilities due and ensuring the payments are scheduled and included in any cash flow forecast.
• Comfortable creating prepayment and accruals month end schedules and corresponding journals to be posted on Xero /equivalent finance system.
• Can manage the processing of invoices through Dext/Briefcase (expense management software) to ensure appropriate approval chains are satisfied and each cost is correctly tagged/identified before submission to Xero/ equivalent finance system.
• Can prepare a VAT return, fully understanding transactions in each box and being able to identify if there are any errors.
• Understands how to prepare monthly depreciation journals and update and maintain a fixed asset register.
• Comfortable reconciling multiple bank accounts and being able to communicate effectively with both internal and external stakeholders to deal with queries, such as missing or additional information required to complete the task.
• Raising of sales invoices and effective credit control to ensure invoices are paid on time.
• Preparing weekly/bi-weekly/monthly payment runs and communicating with relevant stakeholders required across the approval chain.

You Should Join Us If:

• You’ll strive to add tangible value to our clients.
• You’re a team player that wants to be part of a vibrant, collaborative and tight knit culture.
• You’re a fast learner who has no difficulty in picking up new technologies and can easily adapt to new situations.
• You have intellectual curiosity and a passion for continuous learning and development.
• You are an excellent communicator and have great people skills with high levels of self-awareness. You love to pay attention to the details.
• You have impeccable time-management and organisation skills

Seniority level

• Associate

Employment type

• Full-time

Job function

• Finance
• Industries: Accounting