At a Glance
- Tasks: Support financial management by processing transactions and preparing reports for events.
- Company: Join Olympia Events, a vibrant venue transforming into a cultural hub.
- Benefits: Gain valuable experience in finance while working in a dynamic environment.
- Why this job: Be part of an exciting transformation and contribute to exceptional experiences for clients and guests.
- Qualifications: Part-qualified in ACA, CIMA, or ACCA; experience with finance systems is a plus.
- Other info: Flexible hours may include evenings and weekends; commitment to sustainability and inclusivity is essential.
The predicted salary is between 36000 - 60000 £ per year.
Olympia is more than an exhibition venue, conference centre and liveāevent space ā itās an inspiration. Against a backdrop of grand Victorian architecture, the seven connected spaces inspire engagement and enjoyment. Olympia Events is recognised in the industry for exceptional levels of customer service and support, and our numerous awards are testament to our clients' satisfaction. Beyond the walls of our venue, Olympia is on the ground, working to invest in people, strengthen our communities, and protect the environment. Olympia is undergoing a period of change. In 2017 the venue was bought by a consortium led by Yoo Capital and Deutsche Finance International. Work is currently underway to transform the wider estate into a cultural hub of which Olympia Events will be the central part. Once complete, the estate will include a new theatre, music venue, two hotels, over 30 eateries, worldāclass office space and over two acres of public realm.
Job Purpose
The Finance Assistant supports the effective financial management of the venue by ensuring accurate processing of financial transactions, monthāend journals, maintaining upātoādate records, and assisting with management accounts reporting and compliance requirements. This role contributes to the smooth operation of the venue by providing timely and reliable financial support to the Finance Manager and wider team, enabling informed decisionāmaking and strong financial control. The Finance Assistant plays a key part in safeguarding the venueās financial integrity, supporting operational efficiency, and helping deliver exceptional experiences for clients, performers, and guests.
Key Responsibilities
- Assist with daily and monthly reconciliation of event revenue streams against bank deposits and system records.
- Prepare routine financial reports (event P&Ls including actuals and forecasts, F&B results, cashflow forecasting) and assist with adāhoc reporting requests to support operational teams and management decisions.
- Maintain accurate financial records to support budgeting and forecasting processes, including tracking variances for events and operational departments.
- Ensure financial transactions follow company policies, venue regulations, and accounting standards, supporting audits and maintaining strong internal controls.
- Provide timely financial information to event managers, operations and suppliers, assisting with queries and supporting smooth financial operations across the venue.
- Assist with VAT return preparation and yearāend audit and tax files.
- Prepare monthāend journals and process them in Finance System.
- Assist preparation of monthāend packs for management accounts.
- Assist with monthly reforecasts.
- Prepare event settlements for ticketed events.
- Reconciling of MI from EPOS and other business systems accurately and on time.
- Assist with balance sheet reconciliations.
Skills and Competencies Required
Essential:
- Part ā Qualified ACA, CIMA or ACCA, or working towards an accountancy qualification.
- Experience in processing journals within finance systems.
- Ability to process financial data and transactions accurately across multiple revenue streams (ticketing, bar, catering and venue hire).
- Comfortable working with financial information, preparing reports and supporting adāhoc analysis.
- Capable of managing deadlines and prioritising tasks in a fastāpaced, eventādriven environment.
- Clear and professional in both written and verbal communication, with the ability to explain financial information to nonāfinance colleagues and external suppliers.
- Confident using finance systems, Excel and venue/ticketing/EPOS software, with a willingness to learn new tools quickly.
- Proactive in resolving discrepancies, answering queries and improving financial processes where possible.
General Information
The requirements of the business are such that a degree of flexibility is necessary, and some evening and weekend work may be required.
Sustainability Responsibilities
Continuously improve your knowledge of Olympia Eventsā sustainability programme ā the āGrand Planā. Complete all training provided and promote sustainability practices to meet our Grand Plan objectives. Follow and promote all sustainable workplace policies and procedures and seek ways to make your department more sustainable by taking an active role to initiate change.
Other Requirements
Olympia Events is fully committed to ensuring the safety and wellbeing of all children, young people and adults at risk (vulnerable groups) that attend our premises. As a consequence, Olympia Events may require any successful applicant to complete a DBS Check prior to working in our business. Olympia Events is committed to Equality, Diversity and Inclusion and expects all its people to have a positive commitment to EDI by treating others fairly and not committing any form of discrimination, victimisation or harassment and to promote positive working relationships amongst employees and stakeholders.
Finance Assistant (Management Accountant) in City of London employer: Legends Global (Europe)
Contact Detail:
Legends Global (Europe) Recruiting Team
StudySmarter Expert Advice š¤«
We think this is how you could land Finance Assistant (Management Accountant) in City of London
āØTip Number 1
Network like a pro! Get out there and connect with people in the finance industry. Attend events, join online forums, or even hit up LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
āØTip Number 2
Prepare for interviews by researching Olympia Events and its financial operations. Understand their values and how they manage finances. This will help you tailor your answers and show that you're genuinely interested in being part of their team.
āØTip Number 3
Practice your financial skills! Brush up on your knowledge of financial reporting, VAT returns, and reconciliation processes. Being able to demonstrate your expertise during interviews will set you apart from other candidates.
āØTip Number 4
Donāt forget to apply through our website! Itās the best way to ensure your application gets noticed. Plus, it shows youāre serious about joining the Olympia Events family and contributing to their exciting transformation.
We think you need these skills to ace Finance Assistant (Management Accountant) in City of London
Some tips for your application š«”
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Finance Assistant role. Highlight your accounting qualifications and any relevant experience in processing financial transactions or preparing reports.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about finance and how you can contribute to our team at Olympia. Mention specific examples of your past work that align with the responsibilities listed in the job description.
Showcase Your Communication Skills: Since you'll be explaining financial information to non-finance colleagues, it's important to demonstrate your clear communication skills. Use straightforward language in your application to show us you can make complex info easy to understand.
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of being noticed. Itās the quickest way for us to receive your application and get you into the process!
How to prepare for a job interview at Legends Global (Europe)
āØKnow Your Numbers
As a Finance Assistant, you'll be dealing with financial data daily. Brush up on your understanding of financial statements, P&Ls, and cash flow forecasting. Be ready to discuss how you've handled financial transactions in the past and any experience you have with reconciliation processes.
āØShowcase Your Software Skills
Familiarity with finance systems and Excel is crucial for this role. Make sure you can talk about your experience with these tools, and if possible, mention any specific software you've used. If youāve worked with ticketing or EPOS systems, highlight that too!
āØCommunicate Clearly
You'll need to explain financial information to non-finance colleagues, so practice articulating complex concepts in simple terms. Think of examples where you've successfully communicated financial data to different stakeholders and be prepared to share those during the interview.
āØBe Proactive and Problem-Solving
The role requires a proactive approach to resolving discrepancies and improving processes. Prepare examples of times when you've identified issues and taken the initiative to resolve them. This will show your potential employer that you're not just reactive but also forward-thinking.