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- Tasks: Join our Finance team to manage payments and reconcile accounts in a dynamic environment.
- Company: Be part of HM Treasury, a key player in the UK's financial operations.
- Benefits: Enjoy 25 days annual leave, flexible working, and a generous pension scheme.
- Why this job: Gain valuable finance experience while contributing to impactful government operations.
- Qualifications: No specific qualifications required; just a keen interest in finance and attention to detail.
- Other info: Flexible hours and supportive team culture make this a great opportunity for students.
The predicted salary is between 28800 - 43200 £ per year.
Do you have an interest or experience in working in a transactional finance environment? The Finance Operations is part of the wider group Finance team, responsible for all transactional finance activities, including accounts payable and receivable, cash and bank administration, corporate and procurement cards and the corporate contracts that support colleagues across the whole HM Treasury Group.
We are looking for two Finance Assistants to join our close-knit team, one with a reconciliations focus, and the other with an accounts payable focus.
In the accounts payable role, you will:
- Process all payments via our online banking system, ensuring all the necessary checks and controls are followed and the accuracy of data recorded in our financial systems.
- Manage the daily administration of the Government Procurement and Corporate Cards, monitoring and promoting cardholder compliance, and providing transactional data for transparency reporting.
In the reconciliations role, you will:
- Reconcile HM Treasury group bank accounts, recording daily cash management activities and completing month-end close-down activities for the Cash management, Accounts Payable and Accounts Receivable modules in our financial system.
- Complete a monthly schedule of reconciliations for the various control accounts, including payroll costs and staff debtor accounts liaising with internal teams and our payroll provider to investigate any variances or resolve errors on upload.
- Process sales invoice requests, banking payments and receipts, recording income and building the weekly BACs payment run batches. Ensure the validity and accuracy of data recorded in our financial systems and that all queries and discrepancies are investigated and resolved.
- Manage multiple workloads, ensuring deadlines are met and relevant procedures are followed, whilst maintaining accuracy and quality of work.
25 days annual leave (rising to 30 after 5 years), plus 8 public holidays and the King’s birthday (unless you have a legacy arrangement as an existing Civil Servant). Additionally, we operate flexitime systems, allowing employees to take up to an additional 2 days off each month.
Flexible working patterns (part-time, job-share, condensed hours).
Generous parental and adoption leave packages.
Access to a generous Defined Benefit pension scheme with employer contributions of 28%.
Access to a cycle-to-work salary sacrifice scheme and season ticket advances.
A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity.
If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form, or speak to the recruitment team.
Immediate Finance Assistant employer: HM TREASURY
Contact Detail:
HM TREASURY Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Immediate Finance Assistant
✨Tip Number 1
Familiarise yourself with the specific financial systems and software mentioned in the job description. If you have experience with online banking systems or financial reconciliation tools, be ready to discuss how you've used them effectively in past roles.
✨Tip Number 2
Highlight any experience you have in managing multiple workloads and meeting deadlines. Prepare examples that demonstrate your ability to maintain accuracy and quality under pressure, as this is crucial for the Finance Assistant role.
✨Tip Number 3
Research HM Treasury and its financial operations. Understanding their structure and the importance of transactional finance within the organisation will help you articulate why you're a good fit during any interviews or discussions.
✨Tip Number 4
Network with current or former employees in similar roles. They can provide insights into the team dynamics and expectations, which can be invaluable when preparing for your application and potential interviews.
We think you need these skills to ace Immediate Finance Assistant
Some tips for your application 🫡
Understand the Role: Read the job description carefully to understand the specific responsibilities and skills required for the Finance Assistant position. Tailor your application to highlight relevant experience in transactional finance, accounts payable, or reconciliations.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous experience you have in finance roles, particularly in areas like payment processing, bank reconciliations, or financial data management. Use specific examples to demonstrate your skills.
Showcase Attention to Detail: Since accuracy is crucial in finance roles, make sure to showcase your attention to detail in your application. Mention any experiences where you successfully managed data integrity or resolved discrepancies.
Express Your Interest: In your cover letter, express your genuine interest in working within a transactional finance environment. Discuss why you are drawn to this role and how it aligns with your career goals, particularly in relation to HM Treasury Group.
How to prepare for a job interview at HM TREASURY
✨Understand the Role
Make sure you have a clear understanding of the specific responsibilities for the Finance Assistant position you're applying for, whether it's accounts payable or reconciliations. Familiarise yourself with the key tasks mentioned in the job description, such as processing payments and managing bank reconciliations.
✨Showcase Relevant Experience
Prepare to discuss any previous experience you have in transactional finance environments. Highlight specific examples where you've successfully managed financial data, processed payments, or reconciled accounts, as this will demonstrate your capability for the role.
✨Demonstrate Attention to Detail
Since accuracy is crucial in finance roles, be ready to provide examples of how you've ensured precision in your work. Discuss any systems or processes you’ve used to maintain high standards of accuracy and how you handle discrepancies when they arise.
✨Ask Insightful Questions
Prepare thoughtful questions to ask at the end of your interview. This could include inquiries about the team dynamics, the tools and software used for financial operations, or how success is measured in the role. This shows your genuine interest in the position and the company.
