At a Glance
- Tasks: Support the Finance team by managing customer accounts and ensuring accurate financial records.
- Company: Join a dynamic company focused on financial excellence and teamwork.
- Benefits: Gain valuable experience, competitive pay, and opportunities for professional growth.
- Other info: Collaborative environment with opportunities to learn and develop your skills.
- Why this job: Be part of a crucial team that drives financial success and innovation.
- Qualifications: Attention to detail and a passion for finance are essential.
The predicted salary is between 25000 - 32000 £ per year.
Working as part of the Finance team, the Finance Assistant will play a key role in ensuring the accuracy and integrity of the Company's financial records while supporting the efficient day-to-day running of the finance function.
The role has primary responsibility for the Order to Cash cycle, including ownership of the Sales Ledger and Credit Control function, together with responsibility for several balance sheet reconciliations and finance processes.
The successful candidate will work closely with colleagues across the business, support month-end reporting and contribute to continuous improvement initiatives as the finance function evolves.
Key Responsibilities
- Take full ownership of the Sales Ledger, ensuring customer accounts remain accurate and up to date.
- Proactively manage customer debt, ensuring overdue balances are collected in a timely and professional manner.
- Produce regular Aged Debtor reports, providing analysis and recommendations to improve cash collection performance.
- Review new customer credit applications and monitor customer credit limits and credit ratings to minimise credit risk.
- Manage e Commerce account reconciliations, ensuring transactions are accurately recorded and investigated where required.
- Check, post and allocate customer payments in Sage 200 and complete bank reconciliations.
- Process fortnightly payment runs across multiple currencies, together with ad hoc payments as required.
- Maintain the Fixed Asset Register, including additions, disposals and monthly depreciation.
- Manage the employee expenses process, including company credit cards, importing journals into Sage 200 and processing payments.
- Manage prepayments and accruals, ensuring accurate monthly reconciliations.
- Assist with preparation of management accounts by completing reconciliations and providing supporting analysis.
- Provide cover for other members of the Finance team and undertake ad hoc tasks to support the wider business.
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Finance Assistant employer: 7th Heaven
As a Finance Assistant at our company, you will be part of a dynamic finance team that values accuracy and integrity in financial management. We offer a supportive work culture that encourages professional growth and continuous improvement, with opportunities to collaborate across departments and contribute to meaningful projects. Located in a vibrant area, our company provides a range of benefits including flexible working arrangements and a commitment to employee development, making it an excellent place for those seeking a rewarding career in finance.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Assistant
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like 7th Heaven. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Finance Assistant
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to 7th Heaven.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on 7th Heaven's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at 7th Heaven
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with 7th Heaven.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at 7th Heaven will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former 7th Heaven employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
