Finance Assistant in City of Westminster

Finance Assistant in City of Westminster

City of Westminster Full-Time 31500 - 38500 £ / year (est.) No working from home possible
Boots UK

At a Glance

  • Tasks: Manage cash flows, reconcile accounts, and support finance operations.
  • Company: Join a dynamic finance team focused on innovation and collaboration.
  • Benefits: Gain valuable experience, develop skills, and enjoy a supportive work environment.
  • Other info: Opportunity for process improvement and involvement in exciting finance projects.
  • Why this job: Make a real impact on financial health while growing your finance expertise.
  • Qualifications: Experience in cash management and strong teamwork skills required.

The predicted salary is between 31500 - 38500 £ per year.

This is an exciting opportunity to join our finance Order to Cash (OTC) team as a Cash Management Finance Analyst.

You will be responsible for overseeing and optimising the management of incoming cash flows and ensuring accurate reconciliation.

You will collaborate with various departments to ensure that receipts are reconciled correctly and efficiently, contributing to the overall financial health of the organisation.

The role offers the opportunity to develop a broad understanding of our business and would be suited to someone who is looking to develop their skills within finance., Working in Finance Digital Operations (FDO) who sit within the wider finance team and will be reporting into the Senior Finance Analyst.,

  • Store
  • Account

Reconciliation: Perform regular reconciliations of store accounts, ensuring that transactions are accurately recorded and that any discrepancies are promptly investigated and resolved.

Support the month-end close process by ensuring all store accounts are reconciled and discrepancies are cleared or appropriately journaled before reporting deadlines.

  • Reporting and

Reconciliation: Prepare and maintain regular cash management reports and key performance indicators (KPIs) to assess the effectiveness of cash management practices.

Reconcile bank statements with accounting records, ensuring proper accounting treatment for all cash transactions.

  • Compliance and

Audit: Ensure compliance with internal controls, company policies, and financial regulations related to cash management and accounts receivable.

Assist with internal and external audits as required, providing necessary documentation and support for cash-related inquiries.

  • Process Improvement and

Automation: Identify opportunities to streamline cash application and reconciliation processes, recommending and supporting automation initiatives.

Participate in finance transformation projects, such as system upgrades (e. g., SAP S/4HANA migration), by testing new processes and providing feedback.

  • High attention to detail
  • Confident in talking to external and internal customers
  • Working to deadlines
  • Working on own initiative
  • Strong team work ethic
  • Microsoft Excel experience
  • Curious and investigative nature
  • IT WOULD BE GREAT IF YOU ALSO HAVE
  • Previous SAP experience
  • A minimum of a foundation level qualification in finance
  • Minimum 1 year of experience in cash management, accounts receivable, or finance operations
  • #J-18808-Ljbffr

Finance Assistant in City of Westminster employer: Boots UK

Boots UK is an excellent employer for pharmacists seeking to make a meaningful impact in patient care within the vibrant community of Basingstoke. With a strong commitment to career development and a supportive work culture, employees benefit from diverse growth opportunities and access to both in-store and digital tools that enhance their professional skills. Join us to be part of a team that values exceptional service and fosters a collaborative environment.

Boots UK

Contact Details:

Boots UK Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Finance Assistant in City of Westminster

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 Boots UK. 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 in City of Westminster

Cash Management
Account Reconciliation
Financial Reporting
Compliance Knowledge
Audit Support
Process Improvement
Automation Initiatives

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 Boots UK.

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 Boots UK'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 Boots UK

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 Boots UK.

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 Boots UK 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 Boots UK 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.