At a Glance
- Tasks: Support financial operations, manage payroll, and handle sales and purchase ledger activities.
- Company: Join a dynamic finance team in a reputable organisation.
- Benefits: Gain valuable experience, competitive pay, and opportunities for professional growth.
- Other info: Collaborative environment with potential for career advancement.
- Why this job: Make an impact in finance while developing essential skills for your career.
- Qualifications: Experience in finance roles and strong organisational skills required.
The predicted salary is between 25000 - 32000 £ per year.
Our client is seeking a reliable and organised Accounts Assistant to join their finance team. This varied role supports the financial operations and includes responsibility for payroll administration, sales and purchase ledger activities, VAT returns, month-end processes and general finance administration. The successful candidate will be accurate, proactive and able to manage a varied workload while supporting the wider finance team.
Key Duties and Responsibilities
- Administer payroll processes, including managing new starters and leavers, preparing employment contracts, setting up employees on the payroll system, maintaining employee records, holiday and sickness records, pensions, life assurance, private fuel and mileage records, profit related pay scheme administration, P11D reporting, preparing payroll information for the payroll bureau and posting payroll journals.
- Process sales ledger transactions, including allocating customer payments, raising rent invoices and utility recharge invoices, and supporting credit control activities.
- Process purchase ledger invoices, reconcile supplier statements and prepare supplier payment runs.
- Maintain the cash book and complete bank reconciliations.
- Prepare and submit VAT returns for both Holding and Trading companies.
- Complete month-end accounting tasks including prepayments, accruals, depreciation journals and maintaining the fixed asset register.
- Support the year-end audit by preparing schedules, responding to audit queries and providing requested financial information.
- Maintain supplier contract records and other finance-related documentation.
- Administer grazing agreements and other company administrative records as required.
- Provide finance team cover across sales ledger, purchase ledger, cash book, payment authorisations and telephone enquiries.
- Ensure financial records are accurate, up to date and maintained in accordance with company procedures.
- Undertake any other accounting or administrative duties appropriate to the role.
Skills and Experience
- Previous experience in an Accounts Assistant or similar finance role.
- Good understanding of payroll administration, sales ledger, purchase ledger and VAT.
- Experience of month-end processes and reconciliations.
- Strong Microsoft Excel and Microsoft Office skills.
- Experience using accounting and payroll software.
- Excellent attention to detail and organisational skills.
- Strong communication skills and the ability to work both independently and as part of a team.
Finance Assistant in West Bromwich employer: IPS Group
Join a dynamic finance team where your contributions are valued and recognised. Our client offers a supportive work culture that prioritises employee growth, providing opportunities for professional development and skill enhancement in a collaborative environment. Located in a vibrant area, this role not only promises meaningful work but also the chance to be part of a company that truly cares about its employees' well-being and career progression.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Assistant in West Bromwich
✨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 IPS Group. 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 Assistant in West Bromwich
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 IPS Group.
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 IPS Group'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 IPS Group
✨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 IPS Group.
✨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 IPS Group 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 IPS Group 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.
