Financial Accountant

Financial Accountant

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

  • Tasks: Join us as a Financial Accountant, handling accounts payable, payroll, and financial reporting.
  • Company: Be part of a leading FinTech revolutionising business loans in the UK, AUS, and NZ.
  • Benefits: Enjoy a dynamic work environment in Mayfair with opportunities for travel to Australia.
  • Why this job: Make an impact in a fast-paced company that values its people and fosters growth.
  • Qualifications: Mid-senior level experience in accounting or auditing is required.
  • Other info: This is a full-time office role, so remote work isn't an option.

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

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Fintellect Recruitment provided pay range

This range is provided by Fintellect Recruitment. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

Direct message the job poster from Fintellect Recruitment

Come and join the world’s most open-minded lender.

Our client is the leading provider of fast and convenient business loans in the UK, AUS and NZ. With their simple online application process and unique approach to credit assessment, they cut out the mounds of paperwork and long wait times commonly associated with loans, ensuring businesses get access to cash in as little as 3 hours.

Since the company’s inception they have helped more than 25,000 happy customers get the finances they need to take their businesses to the next level, funding more than $1 billion in loans. With their award-winning products and customer service, they are one of the foremost FinTechs in their field.

We know people are their most valuable asset and they\’re actively looking for great individuals to join their team, make an impact and most importantly love what they do!

We are recruiting for an in house Financial Accountant, reporting to the Financial Controller to join the UK office in the heart of Mayfair – 5 days a week.

Responsibilities of the Financial Accountant:

  • Processing accounts payable
  • Processing merchant payments
  • Processing refunds
  • Allocating legal fees to the Orgmeter
  • Processing commissions and reconciliation
  • Monthly reconciliation process of Balance sheet and P&L reports
  • Preparing the VAT report
  • Processing payroll and posting the journals
  • Reconciliation of loan book and repayments
  • Provide detailed analysis on the PL variances
  • Development and formulation substantial reports for repeated usage and provide input in to process improvements
  • Preparation of key daily/weekly/monthly reconciliations regarding loan repayments in a timely manner
  • Review setup of loan repayment schedules in ACH
  • Preparing reports for the Tax Returns
  • Balance Monthly reconciliation process of Xero and Orgmeter and Line of Credit for the correct representation of Balance sheet and P&L reports
  • Daily management of investor funds
  • Liasing with brokers in regard to the commissions payable for the loans
  • Maintaining Internal control systems and Comply with financial policies and regulations
  • Providing support with audits

There will be occasional travel to Australia with this role and the role is based in the office 5 days per week so please only apply if this works for you.

Seniority level

  • Seniority level

    Mid-Senior level

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Accounting/Auditing

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Financial Accountant employer: Fintellect Recruitment

Join a dynamic and innovative team at one of the UK's leading FinTech companies, where your contributions as a Financial Accountant will directly impact the success of over 25,000 businesses. Located in the vibrant heart of Mayfair, our company fosters a collaborative work culture that prioritises employee growth and development, offering unique opportunities for professional advancement and occasional travel to Australia. With a commitment to valuing our people, we provide a supportive environment where you can thrive and truly enjoy what you do.
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Contact Detail:

Fintellect Recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Financial Accountant

✨Tip Number 1

Familiarise yourself with the specific financial software mentioned in the job description, such as Xero and Orgmeter. Being able to demonstrate your proficiency in these tools during the interview can set you apart from other candidates.

✨Tip Number 2

Research the company’s approach to credit assessment and their unique loan application process. Understanding their business model will allow you to tailor your responses in interviews and show that you're genuinely interested in their operations.

✨Tip Number 3

Prepare to discuss your experience with monthly reconciliations and VAT reporting, as these are key responsibilities for the role. Be ready to provide examples of how you've successfully managed these tasks in previous positions.

✨Tip Number 4

Network with current or former employees of the company on platforms like LinkedIn. This can give you insider knowledge about the company culture and expectations, which can be invaluable during your interview.

We think you need these skills to ace Financial Accountant

Financial Reporting
Accounts Payable Processing
Reconciliation Skills
VAT Reporting
Payroll Processing
Financial Analysis
Xero Accounting Software
Attention to Detail
Internal Control Systems
Tax Preparation
Communication Skills
Problem-Solving Skills
Time Management
Regulatory Compliance

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in accounting and finance. Focus on skills that align with the responsibilities listed in the job description, such as processing accounts payable, reconciliation, and preparing reports.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific experiences that demonstrate your ability to handle the tasks outlined, like managing investor funds or liaising with brokers.

Highlight Relevant Qualifications: If you have any certifications or qualifications related to accounting, such as ACCA or CIMA, make sure to include them. This will strengthen your application and show your commitment to the profession.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial in accounting roles.

How to prepare for a job interview at Fintellect Recruitment

✨Know Your Numbers

As a Financial Accountant, you'll be dealing with numbers daily. Brush up on key financial metrics and accounting principles relevant to the role. Be prepared to discuss your experience with balance sheets, P&L reports, and VAT reporting.

✨Demonstrate Attention to Detail

Highlight your ability to maintain accuracy in financial reporting. Bring examples of how you've successfully managed reconciliations or audits in the past. This will show that you understand the importance of precision in financial roles.

✨Familiarise Yourself with Relevant Software

The job mentions using Xero and Orgmeter. If you're familiar with these systems, great! If not, do some research and be ready to discuss how you can quickly adapt to new software. Showing tech-savviness can set you apart.

✨Prepare Questions About Company Culture

Since the company values its people, prepare thoughtful questions about their culture and team dynamics. This shows your interest in being part of a collaborative environment and helps you assess if it's the right fit for you.

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