Finance Associate

Finance Associate

Full-Time 32000 - 35000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage accounting operations and support financial reporting in a fast-paced environment.
  • Company: Join Fonoa, a VC-backed company disrupting the finance industry.
  • Benefits: Competitive salary, full-time role, and opportunities for professional growth.
  • Why this job: Be part of a high-impact team driving financial success in a rapidly growing business.
  • Qualifications: 4+ years in finance, strong Excel skills, and attention to detail required.
  • Other info: Dynamic workplace with a focus on innovation and collaboration.

The predicted salary is between 32000 - 35000 £ per year.

Fonoa is experiencing rapid growth and is seeking a Finance Associate to contribute to a broad, high-impact, early‑stage opportunity within a hyper‑growth, VC‑backed business disrupting an industry.

Responsibilities

  • 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.
  • 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.
  • 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.
  • 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.

Qualifications

  • 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.

Employment Details

  • Seniority level: Mid‑Senior level
  • Employment type: Full‑time
  • Job function: Finance and Sales
  • Industry: Software Development
  • Location: London, England, United Kingdom
  • Salary: £32,000.00 – £35,000.00

Privacy Notice for Job Applicants: As part of the recruitment process at Fonoa, we process your personal data in accordance with our Privacy Notice for Job Applicants.

Finance Associate employer: Fonoa

Fonoa is an exceptional employer that fosters a dynamic and inclusive work culture, perfect for those looking to make a significant impact in the finance sector. With a focus on employee growth, we offer ample opportunities for professional development within our rapidly expanding, VC-backed environment in London. Join us to be part of a team that values innovation, collaboration, and the pursuit of excellence in a thriving industry.
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Contact Detail:

Fonoa Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance Associate

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance industry and let them know you're on the lookout for opportunities. You never know who might have a lead or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching Fonoa and understanding their business model. Tailor your answers to show how your skills in accounting operations and financial reporting can help them grow even faster.

✨Tip Number 3

Practice your pitch! Be ready to explain how your experience with tools like Google Sheets and Oracle NetSuite makes you the perfect fit for the Finance Associate role. Confidence is key!

✨Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining the team at Fonoa.

We think you need these skills to ace Finance Associate

Accounting Operations
Accounts Receivable
Accounts Payable
General Ledger Management
Balance Sheet Reconciliation
Cash Flow Statements
Financial Forecasting
Management Reporting
Sales Order Processing
Invoice Management
Customer Account Reconciliation
Procurement Procedures
Budget Development
Statutory Financial Statements Preparation
ERP Systems (Oracle NetSuite, SAP, MS Dynamics Nav)
Google Sheets/Excel Proficiency

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Finance Associate role. Highlight your relevant experience, especially in accounting operations and financial reporting. We want to see how your skills match what we're looking for!

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 you can contribute to our growth. Keep it concise but impactful – we love a good story!

Show Off Your Skills: Don’t forget to mention your proficiency with Google Sheets/Excel and any experience with ERP systems like Oracle NetSuite. We’re keen on candidates who can hit the ground running, so let us know what you bring to the table!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, it shows you’re serious about joining our team!

How to prepare for a job interview at Fonoa

✨Know Your Numbers

As a Finance Associate, you'll be dealing with numbers all day. Brush up on your financial knowledge, especially around balance sheets, cash flow statements, and budgeting. Be ready to discuss how you've managed these in past roles.

✨Showcase Your Tech Skills

Fonoa values proficiency in Google Sheets/Excel and ERP systems like Oracle NetSuite. Prepare examples of how you've used these tools to streamline processes or improve accuracy in your previous jobs. Don't just say you're good; show it!

✨Communicate Clearly

Strong verbal and written communication skills are crucial. Practice explaining complex financial concepts in simple terms. You might be asked to describe how you would resolve an invoice discrepancy, so think through your approach beforehand.

✨Be Detail-Oriented

Attention to detail is key in finance. During the interview, highlight instances where your meticulous nature helped avoid errors or improved efficiency. Consider bringing a portfolio of your work that demonstrates your organisational skills and thoroughness.

Finance Associate
Fonoa
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  • Finance Associate

    Full-Time
    32000 - 35000 £ / year (est.)
  • F

    Fonoa

    50-100
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