At a Glance
- Tasks: Manage cash flow, financial reporting, and treasury operations for a dynamic finance team.
- Company: Join Jersey Electricity, a family-friendly employer prioritising work-life balance and diversity.
- Benefits: Enjoy private medical insurance, discounts, gym memberships, and a competitive salary.
- Other info: Great opportunities for career growth and collaboration with diverse teams.
- Why this job: Make a real impact on financial stability while developing your skills in a supportive environment.
- Qualifications: Experience in finance or treasury, strong analytical skills, and proficiency in Excel.
The predicted salary is between 28350 - 34650 £ per year.
The Finance Administrator is responsible for managing the Group’s cash flow and long-term asset activities, ensuring effective cash management, accurate financial reporting and robust financial controls. The role supports the financial stability of the business through the management of liquidity, banking relationships, financial operations related to treasury, and accounting for capital assets. Working closely with colleagues across Finance and external partners, the postholder will provide high-quality financial information, adhere to internal policies and support statutory reporting and audit requirements.
Key Responsibilities
- Treasury Management: Monitor daily cash positions and maintain sufficient liquidity to support operational requirements. Prepare short, medium and long term forecasts of cash receipts and payments to support financial planning and decision making. Produce treasury reports, forecasts of cash receipts and disbursements, liquidity analysis and debt schedules. Support budgeting, forecasting and strategic planning activities.
- Banking and Financial Controls: Act as the primary contact for banking partnerships and treasury service providers. Handle bank account administration, including account maintenance, signatory controls and compliance requirements. Review banking covenants, ensuring ongoing compliance and timely reporting. Support the negotiation and administration of banking facilities and treasury services. Ensure treasury activities operate in accordance with internal controls, policies and regulatory requirements.
- Treasury Operations: Handle daily treasury activities, including payments, collections and bank reconciliations. Support foreign currency payment processes, ensuring transactions are completed accurately and on time. Complete bank account verification and due diligence checks to support fraud prevention and payment controls. Seek opportunities to improve treasury processes, systems and automation.
- Fixed Asset Accounting: Maintain accurate and up to date fixed asset records. Process asset additions, transfers and disposals. Calculate, review and post depreciation charges. Prepare fixed asset journals and related accounting entries. Complete monthly fixed asset and balance sheet reconciliations. Ensure compliance with accounting standards and internal fixed asset policies.
- Financial Reporting and Audit Support: Contribute to half year and year-end financial reporting processes. Prepare treasury and fixed asset schedules, reconciliations and supporting documentation. Support internal and external audits by providing accurate and timely financial information. Work collaboratively with Accounting, Accounts Payable, Accounts Receivable and Financial Planning teams to ensure accurate reporting and financial control.
Skills, Knowledge & Expertise
- Essential: Experience gained through roles in cash management, financial operations, bookkeeping, or associated financial activities. Strong understanding of cash management, treasury operations and financial controls. Experience preparing financial reports, reconciliations and cash flow forecasts. Excellent analytical and problem-solving skills. Advanced Microsoft Excel skills, including financial analysis and reporting. Strong attention to detail and dedication to accuracy. Ability to manage competing priorities and meet deadlines. Excellent communication and stakeholder leadership skills. Ability to work independently whilst building effective relationships across the business.
- Desirable: Experience managing banking relationships and treasury facilities. Knowledge of foreign currency transactions and foreign exchange markets. Experience supporting external audits and statutory reporting. Experience with fixed asset accounting and depreciation processes. Understanding of financial systems, process improvement and automation.
Qualifications and Experience
- Essential: Proven experience in treasury, finance, accounting or financial operations. Demonstrated experience in financial reporting, reconciliations and financial controls.
Job Benefits
Jersey Electricity provides excellent benefits, catered towards financial, physical and mental wellbeing. Starting with private medical insurance, discounted electricity rates, discounts within our Powerhouse shop, subsidies on EVs, gym memberships, on-site Mental Health First Aiders, organised sports and activities groups. We offer competitive salaries combined with an attractive pension. We are family-friendly and strive to give you a life work blend to both love your job, do excellent work and spend important time with your family and friends. We are an equal-opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, gender, sexual orientation, age or disability status.
Finance Administrator employer: Jersey Electricity plc
Jersey Electricity plc is an exceptional employer, offering a supportive work culture that prioritises employee development and growth. As a Trainee Metering Engineer, you will benefit from extensive training and mentorship from seasoned professionals, all while working in the picturesque setting of Jersey, Channel Islands, where a commitment to customer service excellence and innovation drives our success.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Administrator
✨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 Jersey Electricity plc. 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 Administrator
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 Jersey Electricity plc.
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 Jersey Electricity plc'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 Jersey Electricity plc
✨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 Jersey Electricity plc.
✨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 Jersey Electricity plc 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 Jersey Electricity plc 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.
