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- Tasks: Join our finance team to manage purchase and sales ledgers, invoicing, and account reconciliations.
- Company: Elexon is a leading organisation in the energy sector, ensuring efficient operations and financial management.
- Benefits: Enjoy hybrid working, 25 days holiday, private medical, and wellness initiatives like gym memberships.
- Why this job: Be part of a dynamic team, develop your skills, and contribute to impactful financial operations.
- Qualifications: Previous experience in accounting roles, attention to detail, and proficiency in MS Office required.
- Other info: This role is based in London; applicants must have the right to work in the UK.
The predicted salary is between 24000 - 36000 £ per year.
Join Elexon as a Finance Operations Assistant. This opportunity is ideal for a candidate with previous experience in an accounting transactional role. Hybrid working and excellent benefits available.
We have an exciting opportunity for a Finance Operations Assistant (Grade 8) to join the Finance team on a permanent basis.
Team Overview: The Elexon finance team resides within the Finance & Commercial department, which provides professional support services to Elexon, including Internal Audit, Supply Chain Management, and Finance. Overall, the department ensures Elexon drives cost efficiencies and conducts its operations in a secure and controlled manner. The finance team is responsible for both financial accounting and management reporting for Elexon. Financial accounting includes cash management and the production of statutory accounts for Elexon Group and its subsidiaries. Management reporting includes coordinating the annual budget, 3-year business plan, monthly cost reporting, and financial analyses.
Job Purpose: Reporting to the Finance Manager, you will work in the Operations team performing operational finance processes such as purchase ledger, sales ledger, general ledger, cash management, VAT, and balance sheet reconciliations across Elexon Ltd and its subsidiaries. You will be part of a team responsible for all schemes administered by Elexon Ltd. You will leverage your skills to deliver effective operational performance and excellent customer service.
Key Responsibilities:
- Contribute to the effective operation of purchase and sales ledger functions
- Data collection for setting up participants in new schemes administered by Elexon (customers and suppliers) in the finance system
- Assist with monthly sales invoicing, industry-related queries, and processes
- Perform account reconciliations
- Manage monthly invoicing and respond to related queries
- Manage timely debt collection and default processes
- Administer multiple bank accounts, including bank reconciliations
- Report on monthly expenditure and forecasts
- Assist with statutory VAT returns and national statistics returns
- Maintain finance systems as required within the reporting function
- Contribute to year-end audit preparations
- Develop, maintain, and update Local Working Instructions (LWIs)
Capabilities and Competencies:
- Attention to detail
- Experience in transactional accounting roles with understanding of key tasks or systems
- Ability to work to tight deadlines
- Proficiency in MS Office (Excel & Word)
- Proficiency in finance systems
- Timely task delivery in accordance with the Balancing and Settlement Code
- Minimize late payments and defaults
- Efficient processing of purchase orders and invoices
- Enthusiasm to understand GB electricity market trading arrangements
- Experience in accounts payable, receivable, treasury, and reconciliations
- Excellent communication skills to influence stakeholders
- Team player with a positive outlook and willingness to develop skills
Please note: Elexon cannot sponsor visas. Applicants must have the right to work in the UK.
Career Path/Potential Next Roles: Finance Operations Analyst
25 days annual holiday + Bank Holidays
Discretionary annual incentive scheme
Life assurance
Pension
Private medical (Bupa)
Our employee wellbeing initiatives include:
- Hybrid working (2 days/week in London office)
- Employee Assistance Programme
- Eye care vouchers
- Subsidised gym membership
- Cycle to Work Scheme
- Holiday buying & selling scheme
- CSR days
- Season ticket loan
We promote diversity and inclusion through various initiatives, celebrating differences and supporting employee wellbeing. We aim to be a role model for Diversity and Inclusion in the industry.
Finance Operations Assistant employer: Elexon Ltd
Contact Detail:
Elexon Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Operations Assistant
✨Tip Number 1
Familiarise yourself with the key responsibilities of the Finance Operations Assistant role. Understanding the specific tasks like purchase and sales ledger functions, account reconciliations, and VAT returns will help you demonstrate your knowledge during interviews.
✨Tip Number 2
Brush up on your Excel skills, as proficiency in MS Office is crucial for this role. Consider taking an online course or using tutorials to enhance your abilities in data analysis and financial reporting.
✨Tip Number 3
Network with professionals in the finance sector, especially those who have experience in operational finance roles. Engaging with them can provide insights into the industry and potentially lead to referrals.
✨Tip Number 4
Research Elexon and its operations within the GB electricity market. Being knowledgeable about the company and its services will allow you to tailor your discussions and show genuine interest during the interview process.
We think you need these skills to ace Finance Operations Assistant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in accounting and finance operations. Focus on your previous roles that involved purchase ledger, sales ledger, and cash management, as these are key responsibilities for the Finance Operations Assistant position.
Craft a Strong Cover Letter: Write a cover letter that specifically addresses the job description. Mention your attention to detail, ability to work under tight deadlines, and proficiency in finance systems. Use examples from your past experiences to demonstrate how you meet the requirements.
Highlight Relevant Skills: In your application, emphasise your skills in MS Office, particularly Excel, as well as your experience with account reconciliations and managing invoices. These skills are crucial for the role and should be clearly stated.
Show Enthusiasm for the Role: Express your enthusiasm for the position and the company in your application. Mention your interest in the GB electricity market and how you can contribute to Elexon's goals. A positive outlook can make a significant difference.
How to prepare for a job interview at Elexon Ltd
✨Know Your Numbers
As a Finance Operations Assistant, you'll be dealing with financial data daily. Brush up on your accounting principles and be prepared to discuss your experience with purchase and sales ledgers, reconciliations, and cash management. Being able to speak confidently about these topics will show your suitability for the role.
✨Demonstrate Attention to Detail
Attention to detail is crucial in finance roles. During the interview, provide examples of how you've ensured accuracy in your previous work, whether through double-checking figures or implementing checks and balances in your processes. This will highlight your ability to maintain high standards in financial operations.
✨Show Enthusiasm for the Industry
Elexon operates within the GB electricity market, so showing a genuine interest in this sector can set you apart. Research current trends and challenges in the energy market and be ready to discuss how they might impact Elexon's operations. This demonstrates your proactive approach and commitment to the role.
✨Prepare Questions for Your Interviewers
Having thoughtful questions prepared shows your interest in the role and the company. Ask about the team dynamics, the tools they use for financial reporting, or how they measure success in the finance department. This not only gives you valuable insights but also engages your interviewers in a meaningful conversation.
