Finance Assistant

Finance Assistant

Full-Time 30000 - 40000 £ / year (est.) Home office (partial)
Kroo Bank

At a Glance

  • Tasks: Manage accounts payable, bank reconciliations, and assist with month-end processes.
  • Company: Join Kroo Bank, a modern tech-driven bank focused on innovation and collaboration.
  • Benefits: Enjoy 25 days leave, personal health days, and flexible remote working options.
  • Other info: Diverse and inclusive workplace with excellent growth opportunities.
  • Why this job: Be part of a fast-growing start-up making a real impact in the banking industry.
  • Qualifications: 1 year experience in finance, positive attitude, and willingness to learn.

The predicted salary is between 30000 - 40000 £ per year.

At Kroo Bank, we’re building the future of banking with modern technology and a culture that values innovation, collaboration, and impact. Unlike traditional banks or outsourcing firms, our engineers shape real products used by thousands of customers every day in the UK. We’re searching for a resourceful and enthusiastic Finance Assistant. The Kroo is growing and we’d love to hear from you if you’re interested in joining us on our journey!

What you’ll do:

  • Take ownership of accounts payable process, including payment of invoices and staff expenses
  • Complete daily bank reconciliations
  • Prepare and post daily journals and reconciliations
  • Maintain accurate accounting records
  • Assist with month end process (fixed assets, depreciation, provisions, etc)
  • Post monthly accruals and prepayments
  • Assist in preparation of regulatory reporting as required
  • Liaise with payroll bureau and make salary and PAYE/NIC payments
  • Undertake additional tasks to support Finance and other teams across the bank as and when required

Requirements

You’ll need to have:

  • At least 1 years’ experience working in a similar role
  • Positive attitude and willing to learn

You’ll have an advantage if you:

  • Have experience in the financial services sector (preferably banking)
  • Have worked in a fast growing start-up/scale-up
  • Are familiar with Xero accounting software

Benefits

What we offer you:

  • 25 days annual leave + 8 bank holidays, 1 Kroo bank holiday [June 24th], and 1 day off during the week of your birthday
  • Personal Health days
  • Support with professional development and training
  • Blended office/remote working
  • Access to a modern, bustling office in Holborn, Central London with a free gym as much as suits your working style/requirements.
  • High degree of autonomy with support from an experienced and supportive team
  • Room to grow and excel within a fast paced, high growth start-up
  • An ethically conscious company that is truly trying to change the what's most broken about the industry
  • All the equipment you need to work effectively, usually a Macbook Pro as standard.

Office/remote working

Currently, the majority of Kroo is working fully remotely. Working remotely has changed many of our lives for the better and we are behind continuing the benefits of flexibility once restrictions are lifted. At the same time, we have a beautiful office in London, which, when used for the right things, can be a useful and powerful tool.

Diversity

We are firmly committed to creating and maintaining a diverse and inclusive workplace in which all employees are valued, respected, safe, supported, and listened to without judgement or prejudice. These principles apply to all, regardless of race or ethnicity, age, gender, gender identity or expression, national origin, sexual orientation, mental or physical ability, religion, appearance, political beliefs, educational background, class, and position or tenure within the company. Diversity, Equity, and Inclusion are central to the direction we take at Kroo, and are considered across all aspects of our business.

Finance Assistant employer: Kroo Bank

At Kroo Bank, we pride ourselves on fostering a dynamic and inclusive work environment that champions innovation and collaboration. As a Finance Assistant in our vibrant Holborn office, you'll enjoy a blend of remote flexibility and access to modern facilities, alongside generous benefits such as 25 days of annual leave and personal health days. With ample opportunities for professional growth and a commitment to ethical practices, Kroo is an exceptional place for those looking to make a meaningful impact in the banking sector.

Kroo Bank

Contact Details:

Kroo Bank Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Finance Assistant

Tip Number 1

Network like a pro! Reach out to people in the finance sector, especially those who work at Kroo Bank. A friendly chat can open doors and give you insights that might just help you stand out.

Tip Number 2

Prepare for the interview by brushing up on your knowledge of Xero and the accounts payable process. Show us you’re not just a candidate, but someone who’s ready to hit the ground running!

Tip Number 3

Don’t forget to showcase your positive attitude! We love candidates who are eager to learn and grow. Share examples of how you've tackled challenges in previous roles.

Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our journey at Kroo.

We think you need these skills to ace Finance Assistant

Accounts Payable
Bank Reconciliation
Accounting Records Maintenance
Journal Preparation
Regulatory Reporting
Xero Accounting Software
Financial Services Knowledge

Some tips for your application 🫡

Show Your Enthusiasm:When writing your application, let your passion for finance and the role shine through. We love seeing candidates who are genuinely excited about joining us at Kroo Bank and contributing to our innovative culture.

Tailor Your CV:Make sure to customise your CV to highlight relevant experience that matches the Finance Assistant role. We want to see how your skills align with what we do, so don’t be shy about showcasing your achievements!

Be Clear and Concise:Keep your application straightforward and to the point. We appreciate clarity, so avoid jargon and make it easy for us to understand your qualifications and experiences. A well-structured application goes a long way!

Apply Through Our Website:We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!

How to prepare for a job interview at Kroo Bank

Know Your Numbers

Brush up on your financial knowledge, especially around accounts payable and bank reconciliations. Be ready to discuss your experience with these processes and how you’ve handled them in previous roles.

Show Your Enthusiasm

Kroo Bank values a positive attitude and a willingness to learn. Make sure to express your excitement about the role and the company’s mission during the interview. Share examples of how you've embraced learning opportunities in the past.

Familiarise Yourself with Xero

If you have experience with Xero accounting software, be prepared to talk about it. If not, take some time to learn the basics before your interview. Showing that you’re proactive about understanding the tools they use can set you apart.

Emphasise Team Collaboration

Since Kroo Bank values collaboration, think of examples where you’ve worked effectively in a team. Highlight how you’ve supported colleagues in finance or other departments, and be ready to discuss how you can contribute to their collaborative culture.