Finance Assistant

Finance Assistant

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

At a Glance

  • Tasks: Manage accounts payable, bank reconciliations, and assist with month-end processes.
  • Company: Join Kroo Bank, a modern bank focused on innovation and collaboration.
  • Benefits: Enjoy 25 days leave, personal health days, and remote work flexibility.
  • 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 banking.
  • Qualifications: 1 year experience in finance and a positive attitude 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:

  • At least 1 year’s 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

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 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 Ltd

Kroo Bank is an exceptional employer that fosters a culture of innovation and collaboration, making it an ideal place for a Finance Assistant to thrive. With a commitment to employee growth, generous benefits including 25 days of annual leave, personal health days, and a modern office in Holborn, Central London, Kroo offers a dynamic work environment where you can make a real impact in the banking sector. Join us to be part of a diverse and inclusive team dedicated to transforming the financial services industry.

Kroo Ltd

Contact Details:

Kroo Ltd Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Finance Assistant

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 Kroo 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 Finance Assistant

Accounts Payable
Bank Reconciliation
Accounting Records Maintenance
Journal Preparation
Month-End Process Assistance
Accruals and Prepayments Posting
Regulatory Reporting

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 Kroo 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 Kroo 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 Kroo 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 Kroo 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 Kroo 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 Kroo 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.