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For Companies At a Glance
- Tasks: Join a dynamic team to manage bank accounts and facilitate payments.
- Company: Be part of a growing finance function in a reputable HR services company.
- Benefits: Enjoy full-time hours with opportunities for skill enhancement and career growth.
- Why this job: Gain valuable experience in finance while developing your communication and management skills.
- Qualifications: Two years of finance experience and proficiency in Excel are essential.
- Other info: This role is based in Potters Bar, Hertfordshire, UK.
The predicted salary is between 28800 - 48000 £ per year.
The Treasury department manages over 100 company bank accounts with more than 4,000 transactions, including about 1,000 urgent payments made daily. Additionally, we operate around 800 bank accounts for our sites. As an Assistant Accountant in the Treasury department, you will work with a team of five to keep all bank account mandates up-to-date, facilitate monthly housekeeping payments, allocate costs across all group sites, and review monthly reconciliations. This is a full-time position based in Potters Bar, Hertfordshire, UK. This role offers the opportunity to gain broad experience within the finance function of a developing business and to enhance your communication, reporting, and management skills.
Main Duties and Responsibilities
- Prepare the monthly housekeeping payment schedule
- Allocate costs from centralised billing to all group sites
- Maintain up-to-date bank account lists for the group
- Ensure all bank mandates are current
- Close obsolete bank accounts and open new ones as needed
- Post accruals and prepayments
- Review specific monthly reconciliations
- Perform any other ad hoc tasks as required
Experience and Skills Required
- Excellent communication skills with the ability to identify issues and use initiative to solve problems
- At least two years of similar or finance experience
- Proficient in systems and Excel
- Experience posting journals in accounting
- Self-motivated team player willing to assist others and go beyond formal roles
- Discretion when handling confidential information
Assistant Accountant employer: LHH
Contact Detail:
LHH Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Accountant
✨Tip Number 1
Familiarise yourself with the specific accounting software and systems used in the Treasury department. Being able to demonstrate your proficiency in these tools during an interview can set you apart from other candidates.
✨Tip Number 2
Brush up on your Excel skills, especially functions related to financial analysis and reporting. Highlighting your ability to manage large datasets and perform complex calculations will show that you're ready for the demands of the role.
✨Tip Number 3
Prepare to discuss your previous experience in finance, particularly any roles where you managed bank accounts or reconciliations. Be ready to provide examples of how you identified and solved problems in those situations.
✨Tip Number 4
Showcase your communication skills by preparing questions about the team dynamics and how you can contribute to the group's success. This demonstrates your interest in collaboration and your proactive approach to teamwork.
We think you need these skills to ace Assistant Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance and accounting. Emphasise your proficiency in systems and Excel, as well as any specific tasks you've handled that relate to the job description.
Craft a Strong Cover Letter: Write a cover letter that showcases your communication skills and problem-solving abilities. Mention your experience with bank account management and reconciliations, and express your enthusiasm for the role in the Treasury department.
Highlight Relevant Experience: In your application, clearly outline your previous roles in finance or accounting. Include specific examples of how you've contributed to similar tasks, such as preparing payment schedules or maintaining bank account lists.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in accounting roles.
How to prepare for a job interview at LHH
✨Showcase Your Communication Skills
As an Assistant Accountant, you'll need excellent communication skills. Be prepared to discuss how you've effectively communicated with team members or clients in the past, especially when resolving issues or explaining financial concepts.
✨Demonstrate Problem-Solving Abilities
The role requires initiative and problem-solving skills. Think of specific examples where you've identified a problem and successfully implemented a solution, particularly in a finance context.
✨Highlight Your Technical Proficiency
Since proficiency in systems and Excel is crucial, be ready to discuss your experience with these tools. You might even want to mention any specific functions or features you are comfortable using that could benefit the role.
✨Prepare for Scenario-Based Questions
Expect questions that assess your ability to handle real-life scenarios, such as managing bank account mandates or performing reconciliations. Practise articulating your thought process and approach to these tasks.
