Assistant Financial Accountant Finance · London ·
Assistant Financial Accountant Finance · London ·

Assistant Financial Accountant Finance · London ·

Full-Time 28800 - 43200 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage accounts receivable and payable, ensuring timely payments and accurate reporting.
  • Company: Elder, a dynamic scale-up transforming the care industry with innovative technology.
  • Benefits: Competitive salary, 25 days holiday, hybrid work, and personal development budget.
  • Why this job: Join a passionate team making a real impact in elderly care.
  • Qualifications: Part qualified Accountant or keen to start studying, with strong Excel skills.
  • Other info: Be part of a fast-growing company with excellent career growth opportunities.

The predicted salary is between 28800 - 43200 £ per year.

About us

Elder is a dynamic scale-up revolutionising the care industry by connecting older adults to self-employed carers through an innovative technology-driven introductory model. We are committed to using data-driven insights to continuously improve outcomes for our customers and carers.

About the role

  • Ownership of the Accounts Receivable function including:
  • Managing the timely and accurate import of sales invoices into the finance system
  • Reconciling receipts from customers into the correct accounts
  • Credit control and query management
  • Driving collaboration with the Customer Experience team to resolve queries and ensure timely payment
  • Weekly/monthly reporting on the aged debt function
  • Quarterly write off investigation
  • Championing improvements in the accounts receivable process
  • Ownership of the Accounts Payable process, from processing invoices to supplier payment runs and communication.
  • Daily bank reconciliations
  • Cross system reconciliations with large data sets
  • Preparation of month end balance sheet reconciliations including bank, accruals, prepayments and other key accounts
  • Support the Financial Controller with other month end and annual statutory audit requirements
  • Work closely with the Financial Controller and Head of Finance to improve processes and controls
  • Preparation of quarterly VAT returns
  • Provide cover for the Financial Controller
  • Ad-hoc requests and project work as required
  • Requirements - Essential

    • Part qualified Accountant (ACCA/CIMA) or looking to start studying and keen to progress
    • Solid understanding of core accounting functions, particularly AP, AR, accruals, and prepayments
    • Attention to detail
    • Strong knowledge of Excel/Google Sheets: up to and including vlookups
    • Detail-oriented, proactive, and eager to learn within a high-performing finance team
    • Excellent prioritisation skills and the ability to plan and deliver activities according to an agreed schedule
    • Team player: happy to work collaboratively and support where needed
    • Ability to effectively communicate with other Elders, both finance and non-finance and with our customers / suppliers
    • A keen interest in understanding the interaction of our systems and processes to ensure internal efficiency and scalability

    Nice to have

    • Experience in a complex billing environment
    • Familiarity with automated payment methods (eg Stripe, GoCardless or automated billing platforms)

    Benefits

    • Competitive Salary + Company Bonus
    • 25 days holiday + bank holidays + 1 extra day holiday for every year worked up to 5 years
    • Dental and health insurance
    • Hybrid office (2 days in the office)
    • Learning and education budget
    • Sponsored quarterly team and company socials
    • Mentoring and coaching programmes to help you achieve your personal and career goals
    • Macbook + any particular extras you require
    • Cycle-to-work scheme AND a genuine opportunity to be a very key part of a high-growth business

    Do something you genuinely care about. Join a diverse team of skilled, passionate and progressive people who like to get on with each other. Work at one of Europe’s fastest-growing scale-ups. Apply today. Elderly care represents one of society’s greatest challenges. Are you ready to be part of the solution? Apply today.

    Assistant Financial Accountant Finance · London · employer: Elder HQ

    Elder is an exceptional employer, offering a vibrant work culture that fosters collaboration and innovation in the heart of London. With a commitment to employee growth through mentoring programmes and a generous benefits package including competitive salary, health insurance, and a hybrid working model, you will thrive in a supportive environment dedicated to making a meaningful impact in the care industry. Join us at one of Europe’s fastest-growing scale-ups and be part of a team that genuinely cares about improving lives.
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    Contact Detail:

    Elder HQ Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Assistant Financial Accountant Finance · London ·

    Tip Number 1

    Network like a pro! Reach out to your connections in the finance world, especially those who might know someone at Elder. A friendly chat can open doors that a CV just can't.

    Tip Number 2

    Prepare for the interview by brushing up on your knowledge of accounts receivable and payable processes. Show us you’re not just a number cruncher but someone who’s genuinely interested in improving our systems.

    Tip Number 3

    Don’t forget to showcase your Excel skills! We love a candidate who can whip up vlookups and pivot tables. Bring examples of how you've used these skills in past roles to the table.

    Tip Number 4

    Finally, apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re serious about joining our team at Elder.

    We think you need these skills to ace Assistant Financial Accountant Finance · London ·

    Accounts Receivable Management
    Accounts Payable Management
    Credit Control
    Query Management
    Bank Reconciliation
    Month End Reconciliation
    VAT Returns Preparation
    Excel/Google Sheets Proficiency
    Attention to Detail
    Communication Skills
    Team Collaboration
    Problem-Solving Skills
    Process Improvement
    Adaptability
    Financial Reporting

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV is tailored to the Assistant Financial Accountant role. Highlight your relevant experience in accounts receivable and payable, and don’t forget to mention your Excel skills. We want to see how you can contribute to our finance team!

    Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our mission at Elder. Show us your enthusiasm for the care industry and your eagerness to learn.

    Showcase Your Attention to Detail: In finance, attention to detail is key. When filling out your application, double-check for any typos or errors. We appreciate candidates who take the time to ensure their application is polished and professional.

    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 proactive and keen to join our team!

    How to prepare for a job interview at Elder HQ

    Know Your Numbers

    Brush up on your accounting knowledge, especially around accounts receivable and payable. Be ready to discuss how you would manage invoicing and reconciliations, as well as any experience you have with credit control or query management.

    Excel Skills are Key

    Since the role requires strong Excel skills, make sure you can demonstrate your proficiency. Prepare to talk about specific functions you've used, like vlookups, and consider bringing examples of reports or analyses you've created in the past.

    Show Your Team Spirit

    Elder values collaboration, so be prepared to share examples of how you've worked effectively in a team. Highlight any experiences where you’ve supported colleagues or resolved issues together, especially in a finance context.

    Ask Insightful Questions

    Prepare thoughtful questions about Elder’s processes and systems. This shows your interest in the role and helps you understand how you can contribute to improving efficiency and scalability within the finance team.

    Assistant Financial Accountant Finance · London ·
    Elder HQ

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