Finance Assistant

Renfold is looking for a Finance Assistant to support the Financial Controller and help run the day-to-day aspects of finance operations. This role will report to the Financial Controller.

Key Responsibilities:

Accounts Payable (AP)

• Manage AP by processing supplier invoices, coding transactions, and posting them to Xero.
• Reconcile supplier statements and ensure timely payments, including posting related transactions to the bank.
• Liaise with suppliers to resolve invoice-related queries and discrepancies.
• Post supplier payments to the bank system and Xero, ensuring accurate reflection of expenses and balances.

Accounts Receivable (AR)

• Manage AR by posting customer receipts into the bank system and Xero.
• Reconcile customer payments and handle remittance advice from clients.
• Chase outstanding receivables and follow up on customer queries related to payments.
• Ensure all AR bank postings are accurate and timely, matching payments to invoices.
• Reconcile bank accounts in multiple currencies (GBP, EUR, USD), ensuring accurate reflection of both AP and AR transactions.
• Process daily bank postings for both incoming (AR) and outgoing (AP) payments, ensuring financial accuracy and integrity.
• Perform monthly bank reconciliations, matching posted transactions with the general ledger.

Month-end

• Support month-end with accruals, prepayments, and supplier reconciliation.
• Process employee expenses, Business Credit Card, and reconcile petty cash transactions.
• Assist in preparing supplier payment reports and managing month-end reconciliations.
• Maintain accurate records of invoices and receipts in digital and physical formats.
• Assist with general finance tasks such as preparing supplier statements and managing payment schedules.

Audit

• Support the FC in the annual audit process as required.

Systems and processes

• Work with the FC to establish and implement a robust cost management and reporting process for cost centre owners.
• Actively drive process improvements to improve process efficiencies.
• Support a potential upcoming new ERP/accounting system integration as required.
• Support FC with ad-hoc queries.

Candidate Requirements:

• 2-3 years of relevant industry experience in a similar role is required.
• Comfortable with managing the transactional side of company accounts and knowledge of accounts payable/receivable principles.
• In-depth analytical skills, exceptional diligence, and attention to detail are critical to be able to succeed in this role.
• Proficient in Excel and good working knowledge of accounting and ERP software is required; knowledge of Xero and BrightPearl is a bonus.

Working with us:

We are a small but passionate team who love what we do. You will need to be a self-starter, able to hit the ground running, and always up for a challenge. We are looking for someone who isn’t afraid of change and is happy to question the status quo. Someone who is confident and can work in a busy environment.

Other:

• Must have the legal right to work in the UK and be comfortable commuting to our Chiswick office in London.
• Full-time with flexible start time (8-10am).

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