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- Tasks: Support financial processes like contributions collection and benefits payments.
- Company: Join a dynamic team focused on impactful financial operations.
- Benefits: Enjoy a collaborative environment with opportunities for growth.
- Why this job: Make a real impact while developing your finance skills in a supportive setting.
- Qualifications: Experience in financial transactions, bookkeeping, and strong Excel skills required.
- Other info: Ideal for detail-oriented individuals eager to learn and contribute.
The predicted salary is between 28800 - 48000 £ per year.
Job Description
Are you passionate about finance and looking to make an impact?\\n \\n Our client is looking for a dedicated and detail-oriented Finance Administrator to support key financial processes, including contributions collection and benefits payments. This is an exciting opportunity for someone with a sharp eye for detail and a desire to develop within a collaborative and supportive environment.\\n \\n As a Finance Administrator, you’ll play an essential role in the smooth day-to-day running of financial operations. \\n \\n Duties of Financial Administrator \\nManaging the day-to-day contributions collection process, including monitoring clearance accounts to ensure timely investigation and resolution of outstanding items.\\nAccurately setting up ad hoc payments and account transfers in the banking system for approval.\\nProviding reporting and resolving queries related to receipts for both internal and external stakeholders.\\nControlling benefit payments, ensuring all allocations are accurate at both the scheme and individual levels.\\nProducing cash management data to identify shortfalls and initiating disinvestment requests when necessary.\\nAssisting with the preparation of financial reports, scheme accounts, and related finance tasks.\\nSupporting month-end processes, including preparing accruals and balance sheet reconciliations.\\nContributing to wider team activities and finance-related projects as needed.\\n Essential:\\nExperience in processing financial transactions and general ledger accounting.\\nBackground in bookkeeping, including bank reconciliations and transactional accounting\\nA high level of accuracy and attention to detail, with the ability to spot and resolve discrepancies.\\nProficiency in using Excel for financial tasks and reporting
Finance Administrator employer: IPS Finance
Contact Detail:
IPS Finance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Administrator
✨Tip Number 1
Familiarise yourself with the specific financial processes mentioned in the job description, such as contributions collection and benefit payments. Understanding these processes will help you demonstrate your knowledge during interviews.
✨Tip Number 2
Brush up on your Excel skills, especially functions related to financial reporting and data analysis. Being able to showcase your proficiency in Excel can set you apart from other candidates.
✨Tip Number 3
Prepare examples from your past experience that highlight your attention to detail and ability to resolve discrepancies. Be ready to discuss how you've successfully managed financial transactions or reconciliations.
✨Tip Number 4
Network with professionals in the finance sector or join relevant online forums. Engaging with others in the field can provide insights and potentially lead to referrals for the Finance Administrator position.
We think you need these skills to ace Finance Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance, bookkeeping, and general ledger accounting. Use specific examples that demonstrate your attention to detail and accuracy in financial transactions.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for finance and your desire to contribute to the company's success. Mention your proficiency in Excel and how it has helped you in previous roles, as well as your ability to resolve discrepancies.
Highlight Relevant Skills: In your application, emphasise skills that are essential for the Finance Administrator role, such as managing contributions collection, preparing financial reports, and supporting month-end processes. Be specific about your experience with these tasks.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter to ensure there are no errors. A polished application reflects your attention to detail, which is crucial for a Finance Administrator.
How to prepare for a job interview at IPS Finance
✨Showcase Your Attention to Detail
As a Finance Administrator, attention to detail is crucial. Be prepared to discuss specific examples from your past experiences where your meticulous nature helped prevent errors or improved processes.
✨Demonstrate Financial Acumen
Make sure to brush up on your knowledge of financial transactions and general ledger accounting. You might be asked to explain how you would handle certain financial scenarios, so having a solid understanding will help you stand out.
✨Familiarise Yourself with Excel
Since proficiency in Excel is essential for this role, be ready to discuss your experience with it. You could even mention specific functions or tools you've used that are relevant to financial reporting and analysis.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills, especially regarding discrepancies in financial data. Think of situations where you successfully resolved issues and be ready to share those stories.
