Finance Associate

Working closely with the Financial Accountant and finance team, the Finance Associate will perform financial control and financial reporting related processes, primarily looking after the accounts payable process of the Bank.

Key responsibilities

• Daily reconciliation of Residential Property Financing (RPF) data for Profit & Loss (P&L) and Balance Sheet.
• Daily reconciliation of various Banks accounts managed by the Milton Keynes Operations team.
• Posting journals into Islamic MAL (iMal) accounting ledger for entries related to RPF data.
• Preparation of balance sheet reconciliations and income statement analysis, ensuring all balance and P&L items are fully reconciled.
• Assisting with processing of invoices in SAP and preparing the weekly payment run.
• Responsible for the BACS run and ensuring prompt payment of invoices.
• To assist in the various reporting requirements at month-end and quarter-end.
• Carry out data analysis to provide a summary of ad-hoc queries for the P&L and Balance Sheet.
• Carry out data analysis to ensure data integrity and completeness for the P&L and Balance Sheet.
• Ad hoc investigatory requests by the Finance Team and other employees of the Bank.
• Any other duties commensurate with the grade and level of responsibility of this role, for which the role holder has the necessary experience and/or training.

Skills required

• The ability to build cross divisional relationships.
• Good all-round communication skills and attention to detail.
• Comfortable dealing with employees at all levels and strong attention to detail.
• Excellent communication skills and attention to detail.
• Intermediate Microsoft word, excel and PowerPoint skills.
• Good organisational and problem-solving skills.
• ‘Customer\’ or ‘service’ orientated approach.
• A university degree, apprenticeship qualification in Accountancy or equivalent.

Beneficial skills and qualifications

• Good business writing skills.
• Able to work autonomously.
• Innovative, providing solutions which are appropriate for the business and fit for purpose.

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