Accounts Assistant

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    4 months ago
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We are recruiting for an experienced Accounts Assistant to join a growing and well-established financial services business based in Northampton.

The role focusses on the daily cash flow, DD, sales ledger, monthly bank reporting, month end reporting, purchase ledger and expenses.

The successful candidate will need a breadth of accounts experience including payroll, along with:

• Strong MS Excel skills and MS Office
• A strong work ethos with a clear desire to make a difference and get tasks completed
• Accuracy and quality in working standards
• To assist in the development of automating processes and progressing efficiencies
• Ideally AAT/ AAT Qualified, or equivalent
• Payroll experience

Responsibilities Include:

• Understand and implement improvements to the existing procedures and systems
• Prescribed authority for raising of invoices, raising debit back invoices
• Commitment to work with Operations and Finance, to ensure that all financial activity operates efficiently and is fully connected to operational and financial systems
• Chargeable for updating Sales Ledger activities from banking activities
• Perform MI and essential KPI reporting, spotting trends within the business around the receivables / payables, identifying any areas of concern or control weaknesses, report on arrears after represents and DD rejections
• Accountability to ensure that all billable activity is charged to the client accurately and timely
• Assisting for checking and submitting DD payments, represents – update DD movement reports, updating DD calendar
• Charged with preparing billing analysis reports that allow the business to track expected vs. actual billing activity – identifying anomalies against expected fee income, tracking back to assessing corrective actions and potential root cause impact on the business
• Completing balance sheet recs, monthly bank reconciliation
• Assisting with monthly payroll
• Accountable for ownership and maintenance of the on account clean up and reversing on account refunds, allocation on account payments
• Responsibility that all outstanding fees are collected from clients as they fall due – Sending Statements, chase outstanding invoices
• Prescribed authority for allocation of payments for fees in line with client remittances
• Ensure that all fee and debt information is accurately recorded within both the Company’s administration platform and the general ledger platform
• Authority to liaise with internal and external auditors, to ensure compliance and successful completion of all required audits
• Accountable that all collections / payments are posted timely, to allow a clean daily bank reconciliation process
• Interrogate the data ensuring accuracy
• Liaising with operations, to understand potential related issues as part of the billing and credit control process
• Support for purchase ledger, sales ledger
• Accountable for rewriting and updating current processes and procedures
• Attend ad hoc meetings where required
• Jointly responsible for Daily New Business payouts, sweeping, checking, uploading, paying out

Preferred Skills:

• Previous experience in a similar finance role
• Broad knowledge and experience of Finance systems / Controls
• The ability to communicate with report users in order to develop better reports
• Clear oral and written communication skills
• Regulatory knowledge e.g. FCA
• Proficient use of Microsoft Office, Sage 50 and Sage Payroll
• Advanced Excel skills
• Client orientation and data handling
• Strict adherence to company procedures
• Assesses process quality and escalate process or product issues quickly

Disclaimer - FRS strives to be an equal opportunities employer and is committed to treating all applicants alike. FRS does not treat any individual on grounds of sex, age, colour, marital status, race, nationality or ethnic or national origin, religion, sexual orientation, disability or membership or non-membership of a trade union, less favourably than others. All vacancies advertised are open to all ages.