At a Glance
- Tasks: Support operational activities and manage client information efficiently.
- Company: Join a global finance leader operating in over 30 countries.
- Benefits: Enjoy a competitive salary and various corporate perks.
- Why this job: Be part of a dynamic team making a social impact in finance.
- Qualifications: 1-2 years' experience in finance; degree in Finance, Economics, or Accounting preferred.
- Other info: Fluency in English and Spanish is a plus; ideal for self-starters.
The predicted salary is between 28800 - 43200 £ per year.
A rare and exciting opportunity has arisen for an experienced Invoice Finance Risk professional to join an expanding global finance business in the heart of the City of London. This is a unique opportunity to work for a market leading business operating out of over 30 countries around the world, specialising in financing confirmed invoices of small and medium-sized enterprises through invoice discounting in emerging and under-served markets. The purpose of the role is to support all operational activity. Primarily your role will be to ensure the efficient operational administration of all aspects related to the company’s clients as required. This is a focused role where the ideal candidate must be able to take instruction but also be a self-starter who shows initiative to continually improve operational processes. You must also be comfortable working within a small but busy and dynamic environment, and be comfortable working to deadlines.
Key responsibilities:
- Information management – capture new and updated client information, ensuring everything is correctly and logically stored on a cloud-based network. This may include obtaining and updating financial information for all clients, ensuring they are meeting their financial and operational covenants.
- Disbursements – setting up disbursements to clients by verifying transaction information; scheduling and preparing disbursements; and obtaining payment authorisations.
- Reconciliations – reconciling interest income by verifying transaction information against bank account activity; computing charges and refunds; and preparing and distributing invoices.
- Account discrepancies – identifying delinquent accounts and investigating further by liaising with clients and resolving issues which may include collecting any outstanding payments.
- Financial reports – preparing daily financial reports by collecting, analysing and summarising account information and trends.
- Financial security – maintaining company standards on accounting controls.
- General support – assist with ad-hoc operations activities as directed.
Ideal background:
- 1-2 years’ experience and educated to degree level or equivalent in Finance, Economics or Accounting.
- Mastery of MS Office, particularly Excel.
- Understanding of asset-backed or factoring software would be a bonus.
- Previous experience in financial services (ideally within an Operations team or an asset-backed lending business) with an interest in social impact.
- Self-starter with a strong work ethic and ability to work in a small, dynamic but high-pressured environment with confidence and competence.
- Excellent organisational skills, attention to detail and the ability to work to deadlines are a must.
- Written and oral English and Spanish (other languages would also be a bonus).
In return the successful candidate will be rewarded with an excellent basic salary plus a range of additional benefits.
Job Vacancy – Operations Analyst – Invoice Finance – Central London – M2 Recruitment employer: Business Money Promotions Ltd
Contact Detail:
Business Money Promotions Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Job Vacancy – Operations Analyst – Invoice Finance – Central London – M2 Recruitment
✨Tip Number 1
Familiarise yourself with the specific operations and processes of invoice finance. Understanding how disbursements, reconciliations, and account management work will give you a significant edge during interviews.
✨Tip Number 2
Network with professionals in the finance sector, especially those involved in operations or invoice finance. Attend industry events or join relevant online forums to make connections that could lead to referrals.
✨Tip Number 3
Brush up on your Excel skills, as mastery of this tool is crucial for the role. Consider taking an advanced Excel course to enhance your data analysis capabilities, which will be beneficial in preparing financial reports.
✨Tip Number 4
Demonstrate your self-starter attitude by preparing examples of how you've improved operational processes in previous roles. Be ready to discuss these during your interview to showcase your initiative and problem-solving skills.
We think you need these skills to ace Job Vacancy – Operations Analyst – Invoice Finance – Central London – M2 Recruitment
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in operations and finance. Emphasise any previous roles where you managed client information, disbursements, or reconciliations, as these are key responsibilities for the Operations Analyst position.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the invoice finance sector and your passion for operational efficiency. Mention specific examples from your past work that demonstrate your ability to improve processes and handle financial data.
Highlight Relevant Skills: In your application, clearly outline your proficiency in MS Office, especially Excel. If you have experience with asset-backed or factoring software, make sure to mention it, as this could set you apart from other candidates.
Showcase Language Proficiency: If you speak Spanish or any other languages, include this in your application. Highlighting your language skills can be a significant advantage, especially in a global finance business like the one you're applying to.
How to prepare for a job interview at Business Money Promotions Ltd
✨Showcase Your Analytical Skills
As an Operations Analyst, you'll need to demonstrate your analytical abilities. Prepare examples from your past experience where you've successfully analysed data or resolved discrepancies. This will show the interviewer that you can handle the responsibilities of the role.
✨Familiarise Yourself with Invoice Finance
Make sure you understand the basics of invoice finance and how it operates. Research the company’s approach to financing confirmed invoices and be ready to discuss how your knowledge can contribute to their operations.
✨Highlight Your Attention to Detail
Given the nature of the role, attention to detail is crucial. Be prepared to discuss specific instances where your meticulousness has led to successful outcomes, especially in financial reporting or reconciliations.
✨Demonstrate Your Adaptability
The job requires working in a dynamic environment. Share examples of how you've adapted to changing situations or taken initiative to improve processes in previous roles. This will illustrate your ability to thrive under pressure.