Assistant Financial Accountant in City of Westminster

Assistant Financial Accountant in City of Westminster

City of Westminster Full-Time 42000 - 47500 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Support the Financial Controller in maintaining accurate financial records and preparing reconciliations.
  • Company: Join a global FMCG leader known for iconic brands like TIGI and VO5.
  • Benefits: Competitive salary, hybrid working, and opportunities for professional growth.
  • Other info: Enjoy a flexible work arrangement and gain valuable experience in a renowned company.
  • Why this job: Make a real impact in finance while working with a dynamic team in a fast-paced environment.
  • Qualifications: Strong analytical skills and proficiency in spreadsheets are essential.

The predicted salary is between 42000 - 47500 £ per year.

This interim Assistant Financial Accountant position sits within a global FMCG business in the City of London, supporting the Financial Controller in upholding the accuracy of the finance function. Working full-time, 37.5 hours weekly from Monday to Friday, the post runs for six months on a temporary basis, with hybrid arrangements split between home and Holborn offices.

Duties include:

  • Preparing reconciliations
  • Assisting with month-end processes
  • Maintaining precise financial records

Applicants should demonstrate strong analytical ability, solid spreadsheet proficiency and careful attention to detail. Remuneration ranges from £42,000 to £47,500 annually, pro rata, dependent upon relevant experience.

The successful candidate will work closely with the Financial Controller to ensure all financial transactions are accurately recorded, fully reconciled and supported by strong financial controls, helping maintain an audit ready and due diligence ready finance function.

Key Accountabilities:

  • Own and maintain the General Ledger within Microsoft Business Central, ensuring transactions are accurate, complete and correctly coded
  • Prepare and post journals including accruals, prepayments, depreciation, fixed assets, inventory adjustments and intercompany transactions, ensuring appropriate supporting documentation is maintained
  • Perform monthly balance sheet reconciliations across a range of General Ledger accounts, investigating and resolving reconciling items on a timely basis
  • Prepare and reconcile intercompany balances, working with Group Finance to investigate and resolve differences
  • Support the monthly, quarterly and annual financial close in accordance with reporting deadlines
  • Assist with fixed asset accounting, including additions, disposals, transfers and depreciation
  • Support inventory valuation accounting and reconciliation to the inventory subledger

Reporting, Audit & Compliance Support:

  • Support the preparation of monthly management accounts, including Balance Sheet and Profit and Loss reporting packs for management review
  • Assist with year-end statutory accounts preparation and external audit fieldwork, including preparing schedules and responding to auditor queries
  • Support UK VAT compliance, including preparation of supporting workings for quarterly VAT returns
  • Assist with ad hoc due diligence requests and financial information requests as required

Controls & Process Improvement Support:

  • Support the design, documentation and implementation of General Ledger controls as part of the wider financial control framework
  • Maintain clear audit trails and supporting documentation for all journals and balance sheet reconciliations
  • Identify opportunities to standardise, simplify and automate recurring General Ledger and month end close processes as the business grows
  • Support the implementation of segregation of duties and approval workflows within Microsoft Business Central
  • Assist with Business Central system testing, master data maintenance and finance process improvements where required

Assistant Financial Accountant in City of Westminster employer: JAM Recruitment Ltd

BAE Systems is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. With a strong focus on employee growth and development, you will have access to cutting-edge technology and the opportunity to contribute to meaningful projects that enhance global security. Located in Christchurch or Frimley, you will be part of a diverse team dedicated to pioneering advancements in defence and aerospace, ensuring a rewarding career path in a company that values your unique skills and perspectives.

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Contact Details:

JAM Recruitment Ltd Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Assistant Financial Accountant in City of Westminster

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 JAM Recruitment 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 Assistant Financial Accountant in City of Westminster

Analytical Ability
Spreadsheet Proficiency
Attention to Detail
General Ledger Management
Financial Accounting
Reconciliation Skills
Journal Preparation

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 JAM Recruitment 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 JAM Recruitment 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 JAM Recruitment 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 JAM Recruitment 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 JAM Recruitment 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 JAM Recruitment 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.