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- Tasks: Support financial management and ensure accurate processing of invoices and expenses.
- Company: Join a dedicated healthcare team committed to excellent primary care.
- Benefits: Flexible working, training opportunities, and employee discounts.
- Why this job: Make a difference in healthcare while developing your finance skills.
- Qualifications: Recognised accountancy qualification or relevant degree required.
- Other info: Dynamic environment with opportunities for career growth and teamwork.
The predicted salary is between 30000 - 40000 £ per year.
The Finance Assistant will be responsible for supporting the Senior Finance Manager with the implementation and management of all financial controls and procedures, and provide a comprehensive financial management information service. This includes monitoring expenditure and identifying variances to target figures, monitoring funds and bank accounts and overseeing the processing of invoices and expenses.
Main duties of the job:
- Reconcile monthly bank statements with Xero accounting software by the month end deadline.
- Ensure that finance inbox is checked on a daily basis and all queries are responded in a timely manner.
- Ensure that all purchase invoices are posted correctly and any department allocations are done accurately.
- Run reports for financial controls and accuracy such as potential duplicated suppliers, invoices and unallocated invoices.
- Support senior management accountant in reconciling year-end financial data for submission to the practice accountants.
- Support raising invoices and reconciling receipts in the absence of finance assistant.
- Assist with implementing financial approvals policy and process.
- Ensure all expense claims and all overtime submissions are accounted correctly including the departments.
- Prepare payment run in a timely manner, including reviewing submissions, limits and approvals.
- Assist with reconciling of balance sheet accounts as and when needed.
- Assist with petty cash, reconciliation and liaising with practice managers for accurate financial records.
- Prepare and post monthly journal entries and assist with month-end reconciliations and closures.
- Provide support in payroll operations.
- Support with purchasing supplies and equipment, ensuring value for money and adherence to procurement policies.
- Proactively chase and resolve outstanding financial issues and overdue invoices.
- Undertake any additional duties as directed by the Senior Finance Manager or Director of Finance.
About us: Bromley by Bow Health consists of around 200 people. It’s a team of varied health professionals including GPs, nurses, advanced nurse practitioners, Health Care Assistants, pharmacists and administrative support. All staff are committed to providing excellent primary care in an area with significant social and economic challenges. Our healthcare service is provided to over 50,000 patients, operating from 4 surgeries across Tower Hamlets.
Person Specification:
Knowledge and skills:- Familiarity with accounts software packages.
- Basic understanding of bookkeeping principles.
- Understanding of financial controls and following processes.
- Understanding of confidentiality.
- Understanding of customer service.
- Knowledge of issues facing the NHS and primary care in particular.
- Attention to detail.
- Ability to communicate with all stakeholders in the organisation.
- Quick learner and adaptable to changes in processes.
- Ability to plan and prioritise work.
- Uses own initiative.
- Demonstrates team building capability, engaging with other team members and budget holders.
- A recognised qualification in accountancy (ICB, AAT, ACCA, CIMA) or a bachelor's degree in accountancy or any relevant subject.
- Minimum 2 years of experience of working in an accountancy role.
- Experience of working in accountancy.
- Experience of Xero or other accountancy software.
- Intermediate level of Excel.
This post is subject to the Rehabilitation of Offenders Act (Exceptions Order) 1975 and as such it will be necessary for a submission for Disclosure to be made to the Disclosure and Barring Service (formerly known as CRB) to check for any previous criminal convictions.
Finance Assistant employer: Bromley by Bow Health Partnership
Contact Detail:
Bromley by Bow Health Partnership Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Assistant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, whether it's through LinkedIn or local meetups. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common finance questions and scenarios. We recommend role-playing with a friend or using online resources to get comfortable discussing your experience with financial controls and software like Xero.
✨Tip Number 3
Showcase your skills! Bring along examples of reports you've run or issues you've resolved in previous roles. This will help demonstrate your attention to detail and ability to communicate effectively with stakeholders.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Finance Assistant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that match the Finance Assistant role. We want to see how your background aligns with our needs, so don’t be shy about showcasing your bookkeeping knowledge and familiarity with accounting software like Xero.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about finance and how you can contribute to our team. We love seeing enthusiasm for the role and a clear understanding of our mission at Bromley by Bow Health.
Be Clear and Concise: When filling out your application, keep your language straightforward and to the point. We appreciate clarity, especially when it comes to financial details. Make sure to double-check for any typos or errors before hitting submit!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the info you need about the role and our team there!
How to prepare for a job interview at Bromley by Bow Health Partnership
✨Know Your Numbers
Brush up on your financial knowledge, especially around bookkeeping principles and financial controls. Be ready to discuss how you've used accounting software like Xero in previous roles, as this will show you’re prepared and knowledgeable.
✨Showcase Your Attention to Detail
Prepare examples that highlight your attention to detail, especially when it comes to reconciling accounts or processing invoices. You might want to mention a time when your meticulousness helped avoid a financial error.
✨Understand the Bigger Picture
Familiarise yourself with the challenges facing the NHS and primary care. Being able to discuss these issues shows that you’re not just focused on numbers but also understand the context in which the finance team operates.
✨Be Ready to Communicate
Since the role involves liaising with various stakeholders, practice how you would explain complex financial information in simple terms. This will demonstrate your communication skills and ability to work collaboratively within a team.