At a Glance
- Tasks: Manage daily payments, bank reconciliations, and assist with financial reporting.
- Company: Join a dynamic financial services firm focused on lending solutions.
- Benefits: Enjoy flexible working options and opportunities for professional growth.
- Why this job: Gain hands-on experience in finance while contributing to impactful projects.
- Qualifications: Pursuing ACCA/CIMA; experience in financial services is a plus.
- Other info: Ideal for motivated individuals eager to learn and excel in finance.
The predicted salary is between 36000 - 60000 £ per year.
Key Accountabilities
- Processing daily payments for loan completions and broker commission, and reconciling system to bank accounts.
- Daily reconciliation of bank accounts, control reports, accounting ledgers and systems to ensure control is maintained on a daily basis.
- Manage ongoing cash requirements for funding term loans and prepare bank funding drawdown requests.
- Accounting for Term Product related group entities, including month end close and all reconciliation processes.
- Assist with monthly bank reporting to our funders.
- Assist with the production of monthly management information packs and reports for business heads.
- Assist with quarterly FCA reporting.
- Assist with the annual statutory audit and twice yearly AUP audit.
Skills & Competencies
- Numerate with strong accounting fundamentals.
- Proactive and able to work on own initiative.
- High quality written and verbal communication.
- Solid IT skills, particularly Excel, and comfortable working across a number of operational systems.
- Knowledge of NetSuite or similar ERP/accounting system would be an advantage.
Knowledge & Qualifications
- Working towards ACCA/CIMA qualification (or equivalent).
- Experience of working in a financial services (ideally lending) organisation would be an advantage.
Personal Attributes
- Motivated to learn and build a career in financial services.
- Team player and flexible.
- Highly numerate and articulate.
- Diligent, calm and self-assured.
- Exceptionally well organised.
- Robust and comfortable working to deadline and under pressure.
- Accurate with a keen attention to detail.
Management Accountant - Term Finance employer: Enra Specialist Finance
Contact Detail:
Enra Specialist Finance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Management Accountant - Term Finance
✨Tip Number 1
Familiarise yourself with the specific accounting software mentioned in the job description, such as NetSuite. Having hands-on experience or even completing online tutorials can give you a significant edge during the interview.
✨Tip Number 2
Brush up on your knowledge of financial services, particularly in lending. Understanding the nuances of this sector will not only help you answer questions more effectively but also demonstrate your genuine interest in the role.
✨Tip Number 3
Prepare to discuss your experience with cash management and bank reconciliations. Be ready to provide examples of how you've successfully managed these tasks in previous roles, showcasing your attention to detail and organisational skills.
✨Tip Number 4
Since communication is key in this role, practice articulating complex financial concepts clearly and concisely. This will help you stand out as a candidate who can effectively communicate with both financial and non-financial stakeholders.
We think you need these skills to ace Management Accountant - Term Finance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in accounting and financial services. Emphasise your skills in reconciliation, cash management, and any experience with ERP systems like NetSuite.
Craft a Strong Cover Letter: In your cover letter, express your motivation to work in financial services and how your background aligns with the key accountabilities of the Management Accountant role. Mention your progress towards ACCA/CIMA qualification.
Showcase Your Skills: Highlight your strong numeracy and IT skills, particularly in Excel. Provide examples of how you've used these skills in previous roles, especially in managing financial reports or audits.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A well-written application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at Enra Specialist Finance
✨Showcase Your Accounting Knowledge
Make sure to highlight your understanding of accounting principles and practices during the interview. Be prepared to discuss your experience with financial reporting, reconciliations, and any relevant software you've used, especially if you have experience with NetSuite or similar ERP systems.
✨Demonstrate Proactivity
Employers are looking for candidates who can take initiative. Share examples from your past experiences where you identified a problem and took steps to resolve it independently. This will show that you can manage ongoing cash requirements and handle responsibilities without constant supervision.
✨Prepare for Technical Questions
Expect questions that test your technical skills, particularly in Excel and other accounting software. Brush up on your Excel functions and be ready to explain how you've used them in previous roles. You might also be asked about specific accounting scenarios, so review key concepts related to term loans and bank reconciliations.
✨Communicate Clearly and Confidently
Since high-quality communication is essential for this role, practice articulating your thoughts clearly. Prepare to discuss your experiences in producing management information packs and reports, and be ready to explain complex financial concepts in simple terms. This will demonstrate your ability to communicate effectively with business heads and funders.