At a Glance
- Tasks: Support daily payment functions and ensure smooth payment processes.
- Company: Join Farrans, a company passionate about making a positive community impact.
- Benefits: Flexible hours, comprehensive benefits, and career development opportunities.
- Other info: Diverse and inclusive workplace with a focus on well-being and sustainability.
- Why this job: Make a real difference while developing your skills in a supportive environment.
- Qualifications: Experience in payment processing and strong Excel skills preferred.
The predicted salary is between 25425 - 31075 £ per year.
Our Accounts Team has an opportunity for a Payments Analyst to join the team on a maternity cover basis.
Reporting to the Payments Manager, this role will play a key part in supporting the day-to-day payments function and ensuring the smooth operation of payment processes.
Responsibilities
- Processing of supplier and Sub-contractor payments in multicurrency
- Select/deselect purchase invoices and sub-contractors due for payment. Checking that all payments are made within credit terms.
- Reconciliation of supplier payments to creditors statement
- Preparing of remittance advices
- Preparation of sundry Bacs/cheque payments & posting payments to the creditor’s ledger, ensuring that all necessary authorisations have been obtained
- Distribution of cheques to suppliers
- Updating bank statements, posting payments to creditors ledger and cashbook
- Dealing with supplier’s queries efficiently and effectively, liaising closely with the cost team, to ensure that discrepancies are resolved in a timely manner
- Work closely with other departments to ensure smooth financial operations and correct ledger entries
- Setting up new supplier accounts, following company procedures to ensure accounts are verified correctly
- General office tasks including filing, photocopying, dealing with telephone queries Qualifications
- Held previous role in preparing payment runs for at least 1 year.
- Good knowledge and understanding of using a computerised purchase ledger
- Good working knowledge of Excel. Use of VLOOKUP’s would be an advantage, however not essential
- Excellent attention to detail and well organised
- Able to work within tight deadlines in a fast-paced, high-volume environment
- Able to work independently and as part of a team
- Excellent communication skills Here at Farrans we build, we transform, and we connect.
Making a positive difference to the communities in which we operate is our passion and we place social responsibility at the heart of every scheme.
The projects we deliver have an important role in the everyday lives of people in the UK & Ireland.
We are committed to making a positive impact on the environment and strive for sustainability in all we do.
Our culture is one of transparency, equality and encouragement, where questions are welcomed, learning never stops and access to support is provided.
Farrans are an equal opportunities employer and are committed to creating a diverse and inclusive work environment for all.
Should you require any reasonable adjustments throughout our recruitment process, please don't hesitate to let us know.
Benefits When you come to Farrans, you can make a big impact.
We love enthusiasm, new ideas and innovation.
Your well-being is our priority.
Our people are our greatest asset, which is why we offer a comprehensive benefits package designed to support you to achieve your full potential.
Our career development opportunities provide you with a clear progression pathway, advanced education in your core subjects as well as management and leadership opportunities to excel quickly.
We understand the importance of work life balance.
We offer flexible working hours (where applicable) and generous leave policies to help you maintain a healthy work-life integration.
We know that our most important asset is our people and that is why we have invested significantly to ensure the physical and mental wellbeing of all our employees
Payments Analyst employer: Farrans Construction
Farrans Construction is an exceptional employer, offering a dynamic work culture in Belfast that prioritises employee well-being and professional growth. With flexible working hours and a comprehensive benefits package, we empower our Site Agents to lead impactful projects while fostering collaboration and innovation within our teams. Join us to be part of a company that values quality, safety, and the development of its employees.
StudySmarter Expert Advice🤫
We think this is how you could land Payments Analyst
✨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 Farrans Construction. 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 Payments Analyst
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 Farrans Construction.
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 Farrans Construction'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 Farrans Construction
✨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 Farrans Construction.
✨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 Farrans Construction 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 Farrans Construction 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.
