At a Glance
- Tasks: Manage purchase ledger, process invoices, and ensure timely supplier payments.
- Company: Join a dynamic finance team in a supportive environment.
- Benefits: Gain valuable experience, competitive salary, and opportunities for professional growth.
- Other info: Collaborative culture with potential for career advancement.
- Why this job: Perfect for those looking to kickstart their finance career with hands-on experience.
- Qualifications: AAT qualified or studying, Excel skills, and previous accounts experience.
The predicted salary is between 25000 - 30000 £ per year.
Our client is recruiting for a Finance Assistant who will be responsible for Purchase Ledger, stock monitoring, and key reconciliations. The ideal candidate will be experienced in managing supplier accounts, analysing stock turns, supporting VAT processes, and contributing to accurate month end reporting.
Duties of Finance Assistant:
- Invoice Processing: Receiving, checking, coding, and entering supplier invoices into the finance system, ensuring accuracy and correct authorisation.
- Supplier Account Reconciliation: Matching supplier statements to the ledger, identifying missing invoices, duplicate entries, or unallocated payments.
- Payment Runs: Preparing weekly or monthly payment batches (BACS/cheque), ensuring suppliers are paid on time and cash flow is managed.
- Query Resolution: Liaising with suppliers and internal teams to resolve discrepancies, pricing issues, missing POs, or delivery disputes.
- Purchase Order Matching: Matching invoices to purchase orders and goods received notes (GRNs) to maintain strong financial controls.
- Ledger Maintenance: Keeping supplier records up to date, including bank details, contact information, and credit terms.
- Accrual Support: Identifying invoices not yet received and providing accrual information for month end.
- Compliance & Controls: Ensuring adherence to approval workflows, VAT rules, and audit requirements.
- Reporting: Producing aged creditor reports, payment forecasts, and supplier spend analysis for the Financial Controller.
Essential:
- AAT (Qualified or studying)
- Aptitude for Excel
- Computer literate
- Previous experience in a Purchase Ledger or Accounts Payable role
- Experience with 3 way matching, supplier reconciliations, and payment runs
- Knowledge of VAT rules
Purchase Ledger Clerk in London employer: IPS Group
Our client offers a dynamic and supportive work environment for the Purchase Ledger Clerk role, where employees are encouraged to grow their skills and advance their careers. With a strong emphasis on teamwork and collaboration, the company fosters a culture of open communication and continuous improvement, ensuring that every team member feels valued and empowered. Located in a vibrant area, employees benefit from a range of perks including flexible working arrangements and opportunities for professional development.
