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- Tasks: Support finance processes like invoicing, reconciliations, and maintaining financial records.
- Company: Join Drake's, a prestigious British clothing brand known for luxury menswear.
- Benefits: Gain valuable experience in finance with potential career growth opportunities.
- Other info: Collaborate with a passionate team and learn from experienced finance professionals.
- Why this job: Kickstart your finance career in a dynamic environment with a focus on quality and craftsmanship.
- Qualifications: Strong interest in finance, attention to detail, and proficiency in Excel.
The predicted salary is between 25000 - 32000 £ per year.
Drake's is a distinguished British clothing brand established in 1977. Renowned for its exceptional craftsmanship and timeless style, Drake's has carved a niche in the luxury menswear market. Headquartered in London, the brand offers a wide range of products including shirts, ties, jackets, knitwear, and accessories. Drake's prides itself on producing many of its items by hand, ensuring the highest quality and attention to detail.
The Finance Assistant is responsible for supporting the day-to-day execution of core finance processes. This is a highly administrative role focused on invoicing, reconciliations, expenses, and maintaining accurate financial records. Working closely with the Senior Finance Manager and Finance Manager, the role provides exposure to key finance activities and is well suited to someone looking to build a long-term career in finance.
Key Responsibilities- Accounts Payable & Receivable
- Process supplier and customer invoices accurately and in a timely manner
- Assist with raising and posting customer invoices
- Allocate receipts and maintain accurate customer records
- Perform reconciliation of supplier and customer ledgers, investigating discrepancies
- Assist with monitoring aged receivables and follow up on outstanding balances
- Respond to supplier and customer queries in a timely manner
- Finance Administration
- Upload financial data into the accounting system
- Maintain accurate financial records and supporting documentation
- Ensure all transactions are correctly recorded and filed
- Support general finance administration across the team
- Payments & Expenses
- Assist with the preparation of weekly payment runs in line with approval processes
- Process employee expenses in accordance with company policy
- Maintain accurate records of payments and supporting documentation
- Reconciliations
- Perform regular bank reconciliations within the accounting system, ensuring completeness and accuracy
- Investigate and highlight discrepancies where required
- VAT & Compliance Support
- Assist in the preparation of VAT returns and supporting schedules
- Ensure documentation is accurate and readily available for review
- Cash Flow & Reporting Support
- Update and maintain the cash flow forecast file
- Provide support to the Finance team with reporting and data preparation
- Strong interest in pursuing a career in finance (e.g. planning to study AAT/ACCA/CIMA)
- High attention to detail and strong organisational skills
- Comfortable working with numbers and large volumes of data
- Proficient in Microsoft Excel and general IT systems
- Strong communication skills and a collaborative approach
- Proactive, reliable, and eager to learn
- Previous experience in a finance-related role (including internships)
- Exposure to accounting systems (e.g. Xero)
- Interest in retail, fashion, or Ecommerce environments
- Accurate and timely processing of financial transactions
- Well-maintained and reconciled supplier and customer accounts
- Strong attention to detail across all finance tasks
- Effective support to the wider finance team
Finance Assistant employer: Drake's
Contact Detail:
Drake's 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 people in the finance industry, especially those who work at Drake's or similar companies. A friendly chat can open doors and give you insider info on job openings.
✨Tip Number 2
Prepare for interviews by brushing up on your finance knowledge and understanding Drake's brand values. Show them you're not just about numbers but also passionate about their craftsmanship and style.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the Finance Assistant role. It keeps you fresh in their minds!
✨Tip Number 4
Apply through our website for the best chance! We love seeing candidates who take the time to engage with us directly. Plus, it shows you're serious about joining the team at Drake's.
We think you need these skills to ace Finance Assistant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Finance Assistant role. Highlight any relevant finance-related coursework or internships, and don’t forget to mention your proficiency in Excel!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your passion for finance and why you want to work at Drake's. Be sure to mention how your attention to detail and organisational skills make you a great fit for the team.
Showcase Your Skills: In your application, emphasise your strong communication skills and collaborative approach. Mention any experience you have with accounting systems like Xero, as this will set you apart from other candidates.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Drake's
✨Know Your Numbers
Brush up on your financial knowledge, especially around invoicing and reconciliations. Be prepared to discuss how you would handle discrepancies or manage aged receivables. Showing that you understand the core finance processes will impress the interviewers.
✨Showcase Your Attention to Detail
Since this role requires a high level of accuracy, be ready to provide examples from your past experiences where your attention to detail made a difference. Whether it’s a project at university or an internship, highlight how you ensured everything was spot on.
✨Familiarise Yourself with Accounting Software
If you have experience with accounting systems like Xero, make sure to mention it. If not, do a bit of research on common software used in finance roles. Being able to talk about how you would adapt to new systems can set you apart from other candidates.
✨Ask Insightful Questions
Prepare some thoughtful questions about the finance team’s processes or the company’s approach to financial management. This shows your genuine interest in the role and helps you gauge if Drake's is the right fit for you.