At a Glance
- Tasks: Manage supplier invoices, track budgets, and support finance operations daily.
- Company: Join a dynamic team focused on transactional finance for a leading client account.
- Benefits: Enjoy flexible working hours and opportunities for professional growth.
- Why this job: Be part of a collaborative environment that values attention to detail and communication skills.
- Qualifications: Finance degree preferred; 1-5 years in transactional finance; MS Office proficiency required.
- Other info: Opportunity to work in a fast-paced, multi-country finance setting.
The predicted salary is between 28800 - 48000 £ per year.
Transactional Finance Associate – Greater London, United Kingdom, United Kingdom JOB DESCRIPTION Duties and Responsibilities:
- Ensure supplier purchase orders are correctly created.
- Code supplier invoices and follow up on timely approvals.
- Track supplier spent against approved purchase orders / budget.
- Respond to routine and/or non-routine inquiries.
- Support the local FM operational team with any supplier billing errors and/or payment application errors.
- Compile all the necessary information to assist in completing internal/external invoicing and reporting.
- Collect and maintain proper support documentation for internal/external auditing purposes.
- Perform general administrative functions as and when needed.
- Assist with analysis and reconciliation to ensure proper classification and recording.
- Assist in month end reporting procedures as applicable.
- May assist with other regions as needed.
Experience and Qualifications:
- Finance/Accounting oriented bachelor\’s degree preferred.
- Between 1 and 5 years of experience in a transactional finance role, ideally within a multi-country/multi-currency environment.
- Proficient in MS Office (MS Excel working knowledge of VLOOKUP, PIVOT and SUM-IF functions preferred).
- Excellent written and oral communication skills, with the ability to develop and maintain strong relationships with all levels of seniority.
- Exceptional organizational skills with strong attention to detail.
- Ability to organize and interpret data, as well as communicate results/recommendations to senior management.
- Must be able to function autonomously as needed.
- Flexibility to work longer hours at certain times of the month.
- Ability to work in a fast-paced environment while also meeting time-sensitive deadlines set forth by senior management.
- May perform other duties as assigned.
This position will be responsible for the day-to-day regional Europe transactional finance activities, to be completed in a timely and efficient manner for an Occupier Solutions client account. The role has direct interaction with the client dedicated Senior Finance Associate, local Facilities Management operational teams, and other support functions (e.g. Global Finance & Global Procurement). The position will require the candidate to work in a collaborative fashion to ensure that all supplier invoices are received, validated, processed, and entered in the accounting system, in a correct, and timely manner. Verify all vendors are paid in line with contractual payment terms, and that all outstanding accounts payable/accounts receivable queries are swiftly resolved.
Transactional Finance Associate - Greater London, United Kingdom, United Kingdom employer: Newmark
Contact Detail:
Newmark Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Transactional Finance Associate - Greater London, United Kingdom, United Kingdom
✨Tip Number 1
Familiarise yourself with the specific financial software and tools commonly used in transactional finance roles. Being able to demonstrate your proficiency in these systems during interviews can set you apart from other candidates.
✨Tip Number 2
Network with professionals already working in transactional finance, especially those in multi-country environments. Attend industry events or join relevant online forums to gain insights and potentially get referrals.
✨Tip Number 3
Brush up on your Excel skills, particularly VLOOKUP, PIVOT tables, and SUM-IF functions. Consider taking a short course or watching tutorials to ensure you're confident in using these tools effectively.
✨Tip Number 4
Prepare to discuss your experience with supplier management and invoice processing in detail. Be ready to share specific examples of how you've resolved billing errors or improved processes in previous roles.
We think you need these skills to ace Transactional Finance Associate - Greater London, United Kingdom, United Kingdom
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in transactional finance roles. Emphasise your proficiency in MS Office, particularly Excel functions like VLOOKUP and PIVOT, as these are crucial for the role.
Craft a Strong Cover Letter: In your cover letter, address how your skills align with the job description. Mention your ability to manage supplier invoices and your experience in a multi-country/multi-currency environment to demonstrate your suitability.
Showcase Communication Skills: Since excellent written and oral communication skills are essential, consider including examples of how you've successfully communicated with various stakeholders in previous roles.
Highlight Organisational Skills: Detail your exceptional organisational skills and attention to detail in your application. Provide specific examples of how you've managed data or completed month-end reporting procedures effectively.
How to prepare for a job interview at Newmark
✨Know Your Numbers
As a Transactional Finance Associate, you'll be dealing with numbers daily. Brush up on your financial terminology and be prepared to discuss your experience with coding invoices, tracking budgets, and handling supplier queries.
✨Showcase Your Excel Skills
Since proficiency in MS Excel is crucial for this role, be ready to demonstrate your knowledge of functions like VLOOKUP, PIVOT, and SUM-IF. You might even be asked to solve a practical problem during the interview.
✨Communicate Clearly
Excellent communication skills are essential. Practice articulating your thoughts clearly and concisely, especially when discussing how you've built relationships with colleagues or resolved issues in previous roles.
✨Demonstrate Organisational Skills
This role requires exceptional organisational abilities. Prepare examples of how you've managed multiple tasks or projects simultaneously, particularly in fast-paced environments, to show you can handle the demands of the job.