At a Glance
- Tasks: Support daily client money functions and maintain accurate financial records.
- Company: Friendly finance team in a supportive environment based in Caerphilly.
- Benefits: Hybrid working, employee ownership scheme, pension, and health cash plan.
- Other info: Flexible hours during busy periods with excellent growth opportunities.
- Why this job: Gain valuable finance experience while making a real impact in a collaborative team.
- Qualifications: Attention to detail, communication skills, and proficiency in Microsoft Excel required.
The predicted salary is between 26500 - 26500 £ per year.
Location: On site / Caerphilly, UK
Job type: Permanent / Full-time
Sector and subsector: Accounting & Finance | Finance
Annual Fixed salary: £26,500.00
About the Role
We are looking for a reliable and detail-oriented Finance Clerk to support the day-to-day client money function. You’ll be part of a friendly and supportive finance team of five. This role offers a supportive environment and an opportunity to expand and grow your knowledge within a finance department.
What We Offer
- Hybrid working (up to 2 days from home following successful completion of your probationary period)
- Join our Employee Ownership Scheme after successful completion of probationary period.
- Company pension scheme
- Health cash plan (following completion of your probation)
- Annual fixed salary £26,500
Key Responsibilities
- Receive, process, and reconcile client payments.
- Allocate client money payments to the relevant accounts.
- Maintain accurate records of client funds in compliance with regulatory guidelines.
- Monitor client money accounts and ensure proper segregation of funds.
- Generate client refunds.
- Reconcile insurer accounts and resolve any queries liaising both internally and externally.
- Generate payments to the insurers.
- Post purchase invoices to the supplier ledger – assisting the group finance assistant with any ad hoc requirements.
- Prepare reports on client money transactions and insurer accounts as and when required, such as Due & Settled Reports, Unallocated Cash Report, Aged Debts Reports.
- Assist with audits and regulatory inspections related to client funds.
- Banking of group money.
- Ensure compliance with relevant regulatory requirements, such as Financial Conduct Authority (FCA) rules.
- Participate in training programs to enhance understanding of compliance obligations.
- Provide support to other team members as needed, such as assisting with month-end procedures or ad-hoc projects.
- Requirement to be flexible around busy periods such as month end and financial year end.
Requirements
- Strong attention to detail and accuracy.
- Excellent communication skills, both written and verbal.
- Ability to prioritise tasks and work effectively.
- Proficiency in Microsoft Excel.
- A-C Grade in GCSE Maths.
- Good IT skills within Microsoft (Word, Outlook, Teams, Excel).
- Previous experience in a finance role, preferably within the insurance or financial services industry.
- Knowledge of regulatory requirements governing client money handling (e.g., FCA CASS rules).
Finance Team Member in Caerphilly employer: Hollybank Trustees Ltd
Join a dynamic finance team in Caerphilly, where you will thrive in a supportive and friendly environment that prioritises employee growth and development. With benefits such as hybrid working options, an Employee Ownership Scheme, and a comprehensive health cash plan, this role not only offers a competitive salary but also fosters a culture of collaboration and continuous learning within the finance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Team Member in Caerphilly
✨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 Hollybank Trustees Ltd. 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 Finance Team Member in Caerphilly
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 Hollybank Trustees Ltd.
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 Hollybank Trustees Ltd'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 Hollybank Trustees Ltd
✨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 Hollybank Trustees Ltd.
✨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 Hollybank Trustees Ltd 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 Hollybank Trustees Ltd 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.
