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- Tasks: Join our team as a Finance Assistant, handling invoices and bank reconciliations.
- Company: Be part of HM Treasury's Finance Operations, supporting vital financial activities.
- Benefits: Enjoy 25 days annual leave, flexible working, and a generous pension scheme.
- Why this job: Gain hands-on finance experience while contributing to a supportive team culture.
- Qualifications: No specific qualifications required; just a passion for finance and teamwork.
- Other info: Opportunities for creative problem-solving and building relationships in a dynamic environment.
The predicted salary is between 28800 - 43200 £ per year.
Do you have an interest or experience in working in a transactional finance environment? Do you enjoy working as part of a team and feel passionate about customer facing support? If so, we’d love to hear from you!
About the Team
The Finance Operations is part of the wider group Finance team, responsible for all transactional finance activities, including accounts payable and receivable, cash and bank administration, corporate and procurement cards and the corporate contracts that support colleagues across the whole HM Treasury Group.
We are looking for two Finance Assistants to join our close knit team, one with a reconciliations focus, and the other with an accounts payable focus.
About the Job
In accounts payable role, you will:
- Process supplier invoices and complete regular supplier payment runs, working closely with the Purchase to Pay team to set up and maintain supplier details.
- Process all payments via our online banking system, ensuring all the necessary checks and controls are followed and the accuracy of data recorded in our financial systems.
- Manage the daily administration of the Government Procurement and Corporate Cards, monitoring and promoting cardholder compliance, and providing transactional data for transparency reporting.
In the reconciliation role, you will:
- Reconcile HM Treasury group bank accounts, recording daily cash management activities and completing month end close-down activities for the Cash management, Accounts Payable and Accounts Receivable modules in our financial system.
- Complete a monthly schedule of reconciliations for the various control accounts, including payroll costs and staff debtor accounts liaising with internal teams and our payroll provider to investigate any variances or resolve errors on upload.
- Process sales invoice requests, banking payments and receipts, recording income and building the weekly BACs payment run batches. Ensure the validity and accuracy of data recorded in our financial systems and that all queries and discrepancies are investigated and resolved.
You will work closely with your colleagues to deliver excellent customer service, use clear and confident communication to manage expectations and demonstrate a positive approach in supporting the team to deliver their objectives.
About You
You will be able to:
- Think creatively to solve challenging problems, whilst meeting the needs and expectations of customers and the business.
- Build and proactively maintain excellent working relationships for effective management of service delivery, whilst supporting and working closely with colleagues to achieve team objectives.
- Manage multiple workloads, ensuring deadlines are met and relevant procedures are followed, whilst maintaining accuracy and quality of work.
Some of the Benefits our people love!
- 25 days annual leave (rising to 30 after 5 years), plus 8 public holidays and the King’s birthday (unless you have a legacy arrangement as an existing Civil Servant). Additionally, we operate flexitime systems, allowing employees to take up to an additional 2 days off each month.
- Flexible working patterns (part-time, job-share, condensed hours).
- Generous parental and adoption leave packages.
- Access to a generous Defined Benefit pension scheme with employer contributions of 28%.
- Access to a cycle-to-work salary sacrifice scheme and season ticket advances.
- A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity.
If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form, or speak to the recruitment team at hrrecruitment@hmtreasury.gov.uk.
Finance Assistant employer: HM TREASURY-1
Contact Detail:
HM TREASURY-1 Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Assistant
✨Tip Number 1
Familiarise yourself with the key responsibilities of a Finance Assistant, especially in accounts payable and reconciliations. Understanding the specific tasks involved will help you demonstrate your knowledge during interviews.
✨Tip Number 2
Network with current or former employees in finance roles, particularly those who have worked in transactional finance environments. They can provide insights into the team culture and expectations, which can be invaluable for your application.
✨Tip Number 3
Brush up on your financial software skills, particularly with online banking systems and financial management tools. Being proficient in these areas will set you apart as a candidate who can hit the ground running.
✨Tip Number 4
Prepare to discuss how you've successfully managed multiple workloads in the past. Use specific examples that highlight your ability to meet deadlines while maintaining accuracy, as this is crucial for the role.
We think you need these skills to ace Finance Assistant
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to understand the specific responsibilities and skills required for the Finance Assistant position. Tailor your application to highlight relevant experience in transactional finance and customer support.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous roles or experiences that relate to accounts payable, reconciliations, or financial administration. Use specific examples to demonstrate your skills in managing multiple workloads and maintaining accuracy.
Showcase Teamwork Skills: Since the role involves working closely with colleagues, make sure to mention your ability to collaborate effectively. Provide examples of how you've successfully worked in a team environment and contributed to achieving common goals.
Proofread Your Application: Before submitting your application, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in a finance role.
How to prepare for a job interview at HM TREASURY-1
✨Understand the Role
Make sure you thoroughly read the job description and understand the key responsibilities of a Finance Assistant. Be prepared to discuss how your skills and experiences align with tasks like processing invoices or managing reconciliations.
✨Showcase Teamwork Skills
Since the role involves working closely with colleagues, be ready to share examples of how you've successfully collaborated in a team environment. Highlight any experiences where you contributed to achieving team objectives.
✨Demonstrate Problem-Solving Abilities
The job requires creative thinking to solve challenges. Prepare to discuss specific instances where you've tackled difficult problems, especially in a finance context, and explain your thought process.
✨Prepare Questions
Have a few thoughtful questions ready to ask at the end of the interview. This shows your interest in the role and helps you gauge if the company culture aligns with your values, especially regarding customer service and teamwork.
