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For Companies At a Glance
- Tasks: Manage accounting operations and support financial reporting in a fast-paced environment.
- Company: Join Fonoa, a hyper-growth, VC-backed company disrupting the finance industry.
- Benefits: Competitive salary, flexible work options, and opportunities for professional growth.
- Why this job: Be part of a dynamic team making a real impact in finance.
- Qualifications: 4+ years in finance, strong Excel skills, and attention to detail.
- Other info: Exciting career development in a rapidly expanding company.
The predicted salary is between 28800 - 48000 £ per year.
Fonoa is currently experiencing rapid growth in terms of market expansion and revenue growth. We’re now looking to expand our functions that keep our business running, involving a Finance Associate seeking a broad, high-impact, and early-stage opportunity within a hyper-growth, VC-backed business disrupting an industry.
As a Finance Associate, you will report to the Finance Manager and work closely with the entire finance team to ensure accurate and timely financial reporting, robust AR management, and support financial control and forecasting.
What you will do:
- Core Accounting Operations
- Manage all accounting operations, including accounts receivable, accounts payable, and the general ledger
- Coordinate with external accountants on year-end close procedures
- Prepare and maintain monthly balance sheet reconciliations to ensure accurate and complete balance sheet reporting
- Prepare monthly cash flow statements and rolling forecasts
- Assist in preparing monthly management reports
- Prepare payment runs
- Assist in monitoring and controlling business performance by comparing actual results versus budget/forecast on a continuous basis
- Sales Order, Sales Invoice & Accounts Receivable Management
- Process and manage the complete sales order to cash cycle
- Ensure all sales invoices are accurate, timely, and comply with company policies and customer contracts
- Manage accounts receivable ageing analysis and coordinate collection efforts with the Revenue Manager
- Resolve customer invoice queries and discrepancies promptly
- Monitor and reconcile customer accounts to ensure balances are accurate
- Liaise with internal stakeholders on invoice status and payment terms
- Procurement & Financial Controls
- Manage procurement and purchase order procedures, ensuring internal stakeholders and suppliers adhere to company policies
- Assist in developing and maintaining the annual budget and financial forecasts
- Ensure supporting documentation for transactions is collected and maintained appropriately
- Financial Reporting & Audit Support
- Assist in the preparation of annual statutory financial statements
- Support the audit process and auditor queries throughout the financial year
- Prepare and organise financial documentation for external and internal stakeholder reviews
You will be a great fit if you:
- Have 4+ years of experience in a similar role
- Are proficient with Google Sheets/Excel and G‑Suite/MS Office suite
- Have experience with Oracle NetSuite or similar ERP (SAP, MS Dynamics Nav)
- Have strong verbal and written communication skills
- Demonstrate exceptional attention to detail and organisational skills
- Are comfortable working in a fast‑paced, growth‑focused environment
As part of the recruitment process at Fonoa, we process your personal data in accordance with our Privacy Notice for Job Applicants. This notice explains how and why your data is collected and used, and how you can contact us if you have any concerns.
Finance Associate in City of London employer: Fonoa Technologies ltd.
Contact Detail:
Fonoa Technologies ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Associate in City of London
✨Tip Number 1
Network like a pro! Reach out to people in the finance industry, especially those who work at companies you’re interested in. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for interviews by researching Fonoa and its financial operations. Understand their products and how they manage their finances. This will show your genuine interest and help you answer questions more effectively.
✨Tip Number 3
Practice your responses to common finance interview questions. Think about your past experiences and how they relate to the role of Finance Associate. We want to hear how you’ve tackled challenges and contributed to your previous teams.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace Finance Associate in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Associate role. Highlight relevant experience and skills that match the job description, like your proficiency with Google Sheets or any ERP systems you've used.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're excited about joining Fonoa and how your background makes you a perfect fit for this hyper-growth environment.
Showcase Your Attention to Detail: In finance, attention to detail is key. Make sure your application is free from typos and errors. This shows us that you take pride in your work and understand the importance of accuracy.
Apply Through Our Website: We encourage you to apply through our website for the best chance of being noticed. It’s the easiest way for us to keep track of your application and get back to you quickly!
How to prepare for a job interview at Fonoa Technologies ltd.
✨Know Your Numbers
As a Finance Associate, you'll be dealing with numbers all day. Brush up on your financial terminology and be ready to discuss key metrics like cash flow statements and balance sheet reconciliations. Familiarise yourself with any specific financial software mentioned in the job description, like Oracle NetSuite, so you can confidently talk about your experience.
✨Showcase Your Attention to Detail
In finance, accuracy is everything. Prepare examples from your past roles where your attention to detail made a significant impact. Whether it was catching an error in a report or ensuring compliance with company policies, these stories will demonstrate your fit for the role.
✨Prepare for Scenario Questions
Expect questions that assess how you handle real-world situations. Think about challenges you've faced in accounts receivable management or financial reporting. Be ready to explain how you resolved discrepancies or improved processes, as this shows your problem-solving skills and adaptability.
✨Engage with the Team
Since you'll be working closely with the finance team, show your interpersonal skills during the interview. Ask insightful questions about team dynamics and how they collaborate on projects. This not only demonstrates your interest in the role but also helps you gauge if the company culture aligns with your values.
