At a Glance
- Tasks: Join us as a Transactional Finance Assistant, processing invoices and handling supplier queries.
- Company: Medina is a dynamic company based in Newport, Isle of Wight, focused on finance solutions.
- Benefits: Enjoy flexible hours, competitive pay, and the chance to work overtime for full-time hours.
- Why this job: Be part of a supportive team, gain valuable finance experience, and make an impact in the industry.
- Qualifications: No specific qualifications required; just bring your enthusiasm and willingness to learn!
- Other info: Work Monday to Saturday with one day off, perfect for balancing studies or other commitments.
The predicted salary is between 27800 - 41600 £ per year.
Medina is currently recruiting for a Transactional Finance Assistant to join the team in the Newport, Isle of Wight office on a full time, permanent basis. The working hours are 25 hours per week, with overtime equating to full time hours. The role is Monday – Saturday with 1 day off in the week. This role is paying £13.46 per hour.
Key Accountabilities & Responsibilities:
- Dealing with the checking of and processing of purchase and overhead invoices.
- Handling of supplier invoice queries (to include shortages, rejected products, and price discrepancies).
- Process customer card payments (Braintree).
- Supplier statement reconciliations and inter-company reconciliations.
- The production of weekly and monthly payment runs.
- Matching delivery notes and credit notes to invoices, where necessary.
- Dealing with suppliers as regards payment reminder letters and telephone calls.
- Daily/weekly bank reconciliations and petty cash.
- Build and utilize a network of internal and external customers and maintain accurate records of correspondence and communication.
Transactional Finance Assistant employer: Medina Foodservice
Contact Detail:
Medina Foodservice Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Transactional Finance Assistant
✨Tip Number 1
Familiarise yourself with the specific software and tools used in transactional finance, such as Braintree for processing customer card payments. Being able to demonstrate your proficiency in these systems during an interview can set you apart from other candidates.
✨Tip Number 2
Brush up on your knowledge of invoice processing and reconciliation techniques. Understanding common issues like price discrepancies or supplier queries will help you answer questions confidently and show that you're ready to tackle the challenges of the role.
✨Tip Number 3
Network with professionals in the finance sector, especially those who work in transactional roles. Engaging with them on platforms like LinkedIn can provide insights into the role and may even lead to referrals or recommendations.
✨Tip Number 4
Prepare to discuss your experience with customer service, as handling supplier queries and payment reminders is a key part of this role. Highlight any relevant experiences where you've successfully resolved issues or maintained positive relationships with clients.
We think you need these skills to ace Transactional Finance Assistant
Some tips for your application 🫡
Understand the Role: Read the job description carefully to understand the key responsibilities and requirements for the Transactional Finance Assistant position. Tailor your application to highlight relevant experience in handling invoices, payment processing, and reconciliations.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous roles or tasks that involved finance, invoicing, or customer service. Use specific examples to demonstrate your skills in dealing with supplier queries and processing payments.
Craft a Strong Cover Letter: Write a personalised cover letter that addresses why you are interested in this role at Medina. Mention your ability to build relationships with suppliers and internal teams, as well as your attention to detail in financial processes.
Proofread Your Application: Before submitting your application, make sure to proofread all documents for spelling and grammatical errors. A polished application reflects your professionalism and attention to detail, which is crucial in finance roles.
How to prepare for a job interview at Medina Foodservice
✨Know Your Numbers
As a Transactional Finance Assistant, you'll be dealing with invoices and payments regularly. Brush up on your numerical skills and be prepared to discuss any relevant experience you have with financial processes, such as reconciliations and payment runs.
✨Familiarise Yourself with Braintree
Since the role involves processing customer card payments through Braintree, it’s a good idea to familiarise yourself with this platform. If you have prior experience, be ready to share specific examples of how you've used it or similar systems in the past.
✨Prepare for Supplier Queries
You’ll likely face questions about handling supplier invoice queries. Think of examples where you've resolved discrepancies or handled difficult conversations with suppliers. This will show your problem-solving skills and ability to maintain professional relationships.
✨Demonstrate Attention to Detail
In finance, accuracy is key. Be prepared to discuss how you ensure accuracy in your work, whether it's through double-checking invoices or maintaining organised records. Highlight any tools or methods you use to stay detail-oriented.