Vertas- Finance Assistant

Schools’ Choice; Ipswich; On-site; GBP 40,000 - 60,000; Full time

Job summary

An established industry player is seeking a detail-oriented Finance Assistant for a 3-month placement with potential for extension. In this role, you will support the finance team by processing invoices, managing cash receipts, and maintaining accurate ledgers. Your contributions will enhance operational efficiency and improve finance processes. If you are passionate about finance and eager to make a positive impact, this opportunity offers a collaborative environment where you can grow your skills and advance your career.

Qualifications

• Experience in processing invoices and maintaining ledgers.
• Strong attention to detail and ability to manage cash flow.

Responsibilities

• Process invoices accurately and assist with ledger close procedures.
• Maintain Accounts Receivable Ledger and resolve queries.
• Support Credit Control Team with effective debt collection.

Skills

Invoice Processing

Accounts Receivable Management

Cash Flow Management

Stakeholder Relationship Building

Education

A-Level in Finance or Accounting

Relevant Finance Qualification

Job description

Finance Assistant - Vertas Group Limited

Location: Friars Bridge Road, Ipswich

Working Hours: Monday to Friday, 37.5 hours per week

Duration: 3 months placement (potential to extend across wider business)

Hourly Pay Rate: £13.00

Job Overview

Opus People Solutions, on behalf of Vertas, is seeking a Finance Assistant to join the team. You will report to the Transactional Finance Manager. Your main responsibilities include processing invoices accurately and promptly, assisting with Ledger close procedures, and providing cover for holiday or illness across all three sections of the team when needed.

Key Relationships

• Transactional Finance Manager
• Financial Reporting Manager
• Service Heads and Contract Managers
• Finance Colleagues

Responsibilities

• Allocate all cash receipts to the correct customer/invoice promptly, review unallocated cash positions regularly, and keep them within acceptable levels.
• Maintain the Accounts Receivable Ledger, investigate and resolve any queries or unidentified balances.
• Collaborate with the Finance Banking Analyst to ensure all cash receipts are posted to the correct customer accounts.
• Support the Master Data Assistant to ensure customer account data is accurate.
• Assist the Credit Control Team with queries to facilitate effective debt chasing and collection.
• Provide reports and guidance on future customer receipts to aid in working capital and cash flow management.
• Build relationships with stakeholders across the business to enhance operational knowledge and improve internal finance processes.
• Support the Financial Reporting Manager in implementing controlled changes to Master Data processes.

Sales Ledger

• Understand the sales ledger process thoroughly.
• Assist in processing ad hoc billing from the inbox.
• Respond to emails within a 5-day turnaround time.

Purchase Ledger

• Understand the purchase-to-payment process.
• Process a high volume of supplier invoices across multiple legal entities.
• Reconcile supplier statements for all entities.
• Open and scan daily post onto the system.
• Maintain open queries spreadsheets and follow up regularly with internal and external suppliers.
• Assist with weekly payment runs.
• Help answer emails in the Accounts Payable inbox.

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