Fixed Assets Assistant

Fixed Assets Assistant

Entry level 30000 - 42000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Maintain fixed asset register and manage equipment leases while assisting with reporting.
  • Company: Join a leading finance team at Compass UK&I with a collaborative spirit.
  • Benefits: Enjoy exclusive travel discounts, food savings, wellness classes, and career growth opportunities.
  • Why this job: Gain hands-on finance experience and contribute to impactful projects in a dynamic environment.
  • Qualifications: Finance-related degree or experience, basic Excel skills, and a willingness to learn.
  • Other info: Flexible work culture with continuous improvement mindset and cross-training opportunities.

The predicted salary is between 30000 - 42000 £ per year.

Responsible to: Finance Manager (Fixed Assets, Leases & Property)

Location: Parklands Court, Rubery

Sector/ Business area: Financial Accounts team, Central Finance

Overall purpose of the role

Reporting to the Finance Manager (Fixed Assets, Leases & Property), the Fixed Assets Assistant will maintain the fixed asset register and look after equipment leases. They will manage two important mailboxes and assist with regular and ad-hoc reporting.

Financial Accounts team - Purpose and Context

The Financial Accounts team performs a pivotal role within Compass UK&I, overseeing fixed assets, leases/IFRS16 accounting, property related transactions, intercompany, balance sheet reconciliations, Group reporting, audit and financial statements, below the line transactions, accounting for M&A and providing advice and guidance on accounting matters as required. We also support the Tax team on sales and employment taxes as well as other Central Finance teams.

Key Accountabilities

  • PURPOSE
  • Maintenance of fixed asset register
  • Inbox management/query resolution
  • Fixed asset/lease related reporting
  • Equipment leases
  • Franchise fees and utilities
  • PEOPLE:
    • Working effectively as part of a team
    • Building relationships with key stakeholders
    • Liaising with colleagues from other teams for resolution of queries
  • PERFORMANCE
    • Manage the fixed assets inbox to ensure helpful and timely responses, seeking assistance from the team if unable to answer any queries
    • Maintenance of fixed asset register including uploading of additions, disposals and asset transfer files, ensuring that assets are not duplicated
    • Monthly reconciliation and reporting of asset ledger, including assistance with preparing fixed asset notes for Group reporting and financial statements
    • Run monthly depreciation and post into SAP
    • Ensure all capex projects created and fixed assets assigned have the correct authorisation (per UK approvals manual) and are valid capital assets assigned to the correct capex project
    • Assist with maintenance of the IFRS16 (right-of-use assets) database and change log and make sure any new equipment lease requests have the correct forms/approvals
    • Maintain equipment leases control account
    • Management of Medirest mailbox to assist Compass One with Property related items, take ownership of franchise fees and utilities (including accruals/prepayments, ensuring invoices received are checked, approved and processed in a timely manner and reconciling control accounts)
    • Complete and submit ONS capex survey to Government
    • Assistance with carbon footprint reporting
    • Maintain process notes for all business-as-usual work to enable cross training, cover and support within the team
    • Cross train other team members

    Candidate Requirements:

    Key Skills, Knowledge & Experience

    • Essential:
    • Finance-related degree or some experience working in a finance related role
    • Must be willing to commit to actively studying and qualifying in a reasonable time frame
    • Basic Excel skills (common formulae etc)
    • Good organisational and presentational skills
    • Flexible and adaptable in this busy, evolving environment
    • Continuous improvement mindset to question current processes
  • Desirable:
    • Intermediate Excel skills (common formulae, pivot tables etc)
    • Experience of balance sheet reconciliations
    • Experience of month end (accruals, prepayments, variance analysis etc)
    • Experience of ERP software, SAP preferred
    • Experience of working with fixed assets

    Benefits

    We offer a comprehensive benefits package which includes but is not limited to:

    • Exclusive travel discounts with TUI, Expedia, Booking.com and many more
    • Save money on your food shop with discounts on Tesco, Sainsbury's, Morrisons and more
    • Up to 44% off cinema tickets to enjoy your favourite blockbuster
    • Regular emails filled with the best discounts and savings available
    • Receive Wow Points every time you spend and use them on a wide range of brands
    • Un-wind with us with free wellness, mindfulness and exercise classes
    • You can share all discounts and offers with your friends and families
    • Contributory pension scheme
    • Study support
    • Grow your career with our Career Pathways and MyLearning programmes

    Fixed Assets Assistant employer: Compass Group UK

    At Compass UK&I, we pride ourselves on being an exceptional employer, offering a dynamic work environment at our Parklands Court location in Rubery. Our Financial Accounts team fosters a collaborative culture where employees can thrive through continuous learning and development opportunities, including study support and career pathways. With a comprehensive benefits package that includes exclusive travel discounts, wellness classes, and a contributory pension scheme, we ensure our team members feel valued and supported in their professional journey.
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    Contact Detail:

    Compass Group UK Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Fixed Assets Assistant

    ✨Tip Number 1

    Network like a pro! Reach out to people in the finance sector, especially those who work with fixed assets. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

    ✨Tip Number 2

    Get your LinkedIn game on point! Make sure your profile is up-to-date and highlights your finance skills. Connect with recruiters and follow companies you're interested in, including us at StudySmarter!

    ✨Tip Number 3

    Prepare for interviews by practising common finance questions. Think about how your experience aligns with the role of Fixed Assets Assistant. We want to see your passion for finance and your problem-solving skills!

    ✨Tip Number 4

    Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to connect directly with us.

    We think you need these skills to ace Fixed Assets Assistant

    Fixed Asset Management
    Financial Reporting
    Excel Skills
    Organisational Skills
    Presentational Skills
    Balance Sheet Reconciliation
    Month-End Accounting
    ERP Software (SAP)
    Lease Management
    Query Resolution
    Continuous Improvement Mindset
    Adaptability
    Team Collaboration
    Attention to Detail

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV is tailored to the Fixed Assets Assistant role. Highlight any finance-related experience and skills that match the job description, like your Excel abilities or any previous work with fixed assets.

    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 your background makes you a great fit for our team. Don’t forget to mention your willingness to study and grow in the role!

    Showcase Your Organisational Skills: Since this role involves managing mailboxes and maintaining registers, be sure to highlight your organisational skills. Share examples of how you've successfully managed multiple tasks or projects in the past.

    Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status directly!

    How to prepare for a job interview at Compass Group UK

    ✨Know Your Numbers

    Brush up on your financial knowledge, especially around fixed assets and leases. Be prepared to discuss how you would maintain a fixed asset register and manage queries related to it. Showing that you understand the basics of IFRS16 accounting will definitely impress.

    ✨Excel Skills Matter

    Since basic Excel skills are essential for this role, make sure you can demonstrate your proficiency. Practice common formulae and be ready to talk about any experience you have with pivot tables or ERP software like SAP. If you can share examples of how you've used these skills in past roles, even better!

    ✨Team Player Vibes

    This role requires effective teamwork and relationship building. Think of examples from your past where you successfully collaborated with others to resolve issues or improve processes. Highlighting your ability to work well with different teams will show you're a great fit for their culture.

    ✨Ask Smart Questions

    Prepare thoughtful questions to ask at the end of your interview. Inquire about the team dynamics, ongoing projects, or how they measure success in the Fixed Assets Assistant role. This shows your genuine interest in the position and helps you assess if it's the right fit for you.

    Fixed Assets Assistant
    Compass Group UK
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