At a Glance
- Tasks: Manage invoices, ensure timely payments, and maintain accurate financial records.
- Company: Join the friendly Bursary team at Downing College.
- Benefits: Competitive salary, flexible hours, and a supportive work environment.
- Other info: Great career growth opportunities and a welcoming team culture.
- Why this job: Make a real impact in finance while developing your skills in a dynamic setting.
- Qualifications: A-Level or equivalent, experience in purchase ledger, and strong Excel skills.
The predicted salary is between 31606 - 31606 £ per year.
Information for the role of Purchase Ledger Clerk
Permanent, full-time position.
Salary £31,606 per annum for 36.25 hours per week.
Downing College is seeking a motivated individual to join our small and friendly Bursary team in a varied and fulfilling role, contributing to a diverse and rewarding range of responsibilities.
Responsibilities
- Receiving, checking, circulating, coding and inputting invoices received, and ensuring their timely and accurate payment.
- Matching purchase orders with invoices and resolve discrepancies.
- Ensuring timely payments to suppliers while maintaining accurate records.
- Preparing monthly reconciliations of supplier accounts.
- Assisting in the preparation of month‑end and year‑end financial processes.
- Supporting the team in maintaining financial controls and compliance.
- Responding to supplier inquiries and manage internal stakeholder requests efficiently.
- Maintaining and updating the purchase ledger database, ensuring all transactions are recorded accurately.
- Processing expense claims and payment of student claims, awards and prizes.
- Processing credit card statements.
- Reconciling all College bank accounts, and maintaining records and accounts for the Amalgamated Clubs.
- Administration of any payments under the Construction Industry Scheme.
Qualifications
- Be educated to A-Level / equivalent qualification or educated by experience.
- Have previous experience in a purchase ledger or similar accounting role.
- Be proficient in using financial software and Microsoft packages, particularly Excel.
- Have a strong understanding of GDPR and HMRC Legislation.
- Have excellent organisational skills and attention to detail.
- Be friendly and approachable.
- Details of the role
The post of Purchase Ledger Clerk is a permanent, full-time role, working 36.25 hours per week.
These hours are expected to be worked Monday to Friday, starting at 9.00am and finishing at 4.45pm with an unpaid 30‑minute lunch break (although there is potential for a degree of flexibility on start/finish times).
Applications are invited from suitably experienced candidates.
The annual salary is £31,606 per annum for 36.25 hours per week (Step 39 on the College Salary Scale).
In addition to the salary, we offer an attractive benefits package.
A full list of benefits is available from the College’s HR Office. (Please note that these benefits are non‑contractual and may be amended or withdrawn at our discretion.)
Applicants who declare a disability will be offered an interview if they meet the minimum criteria for the job.
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StudySmarter Expert Advice🤫
We think this is how you could land Purchase Ledger Clerk in Cambridge
✨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 Downing College. 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 Purchase Ledger Clerk in Cambridge
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 Downing College.
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 Downing College'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 Downing College
✨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 Downing College.
✨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 Downing College 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 Downing College 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.
