At a Glance
- Tasks: Support financial operations, manage forecasts, and analyse costs for a dynamic business environment.
- Company: Join a leading recruitment firm with over 30 years in the aviation and aerospace industry.
- Benefits: Competitive pay at £32 per hour, Monday to Friday schedule, and opportunities for professional growth.
- Other info: Engage in continuous improvement initiatives and enjoy a collaborative work culture.
- Why this job: Make an impact in finance while working with operational teams and government agencies.
- Qualifications: Experience in finance fundamentals and strong Excel skills; AAT or CIMA studying preferred.
The predicted salary is between 60000 - 60000 £ per year.
On behalf of our client, we are seeking to recruit a Finance Assistant on an initial 12-month contract. As the Finance Assistant you will support the financial controller in transacting, understanding and analysing operational cost, along with completing support tasks for the subsidiary; including support to payroll accounting, billing processes, treasury processes, accruals and allocation of costs.
Responsibilities
- Maintain cost, revenue and cash forecast for the entire business entity/business function
- Work with operational teams to forecast resource plans and cost impact
- Help record and evaluate risks or opportunities
- Assist in regular OP and FC process
- Act as a liaison for managers in understanding and controlling operational costs
- Input and advise on external costs and internal resources
- Liaison with procurement team to ensure correct evaluation of open commitment and timely recognition of cost
- Provide analysis and support to financial performance reporting
- Track actual costs and revenue allocation - understand, review and be able to instruct journals and posting to the back-office team to ensure accurate booking of cost, allocations and revenues. Be able to explain variances.
- Produce meaningful analytics to support local operational management
- Present to local management and Military Services programme customers independently
- Assist with single resource reporting requirements
- Ensure operational spend is in line with contractual and single sourcing roles
- Ad-hoc reporting for MOD and other UK Government agencies
- Work closely with TFEU teams to coordinate end of month closing activities such as periodic postings, accruals, sales reserves
- Provide support to the invoicing process to internal and external customers
- Identify and launch new financial initiatives pursuing continuous improvements and challenge existing processes and procedures
Essential Skills
- Experience managing cash flow forecasts, budgeting, cost control, and financial reporting across business operations.
- Strong understanding of finance fundamentals, including P&L, debits/credits, accruals, journals, and month-end processes.
- Ability to produce and analyse cost centre reports, variance analysis, and operational financial performance data.
- Experience working with operational teams, procurement, and finance stakeholders to manage resource planning, coding, commitments, and cost allocation.
- Skilled in preparing financial analytics, forecasting, and reporting for senior management and external customers, including MOD/Government environments.
- AAT qualified or studying towards CIMA desirable, with strong Excel skills and a proactive approach to continuous improvement.
Finance Assistant in Oxford employer: Line Up Aviation
Contact Detail:
Line Up Aviation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Assistant in Oxford
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, attend industry events, and don’t be shy about asking for introductions. The more people you know, the better your chances of landing that Finance Assistant role.
✨Tip Number 2
Prepare for interviews by brushing up on your financial knowledge. Be ready to discuss cash flow forecasts, budgeting, and cost control. Show them you’re not just a number cruncher but someone who can add real value to their team.
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. It shows your enthusiasm for the role and gives you another chance to highlight your skills.
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications with us!
We think you need these skills to ace Finance Assistant in Oxford
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Assistant role. Highlight your experience with cash flow forecasts, budgeting, and financial reporting. We want to see how your skills match what we're looking for!
Showcase Your Skills: Don’t forget to showcase your strong Excel skills and any relevant qualifications like AAT or CIMA. We love seeing proactive candidates who are keen on continuous improvement, so let that shine through!
Be Clear and Concise: When writing your application, keep it clear and concise. Use bullet points where possible to make it easy for us to read. We appreciate straightforward communication, especially in finance!
Apply Through Our Website: Finally, make sure to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at Line Up Aviation
✨Know Your Numbers
As a Finance Assistant, you'll be dealing with forecasts and cost allocations. Brush up on your financial fundamentals like P&L statements, accruals, and variance analysis. Be ready to discuss how you've managed cash flow forecasts or budgeting in previous roles.
✨Showcase Your Analytical Skills
Prepare to demonstrate your ability to produce and analyse financial reports. Bring examples of past analytics you've created, especially those that influenced decision-making. This will show your potential employer that you can provide meaningful insights to support operational management.
✨Understand the Role's Responsibilities
Familiarise yourself with the specific tasks mentioned in the job description, such as liaising with procurement teams and supporting payroll accounting. Being able to speak confidently about these responsibilities will show that you're genuinely interested and prepared for the role.
✨Ask Insightful Questions
At the end of the interview, have a few questions ready that reflect your understanding of the role and the company. For instance, ask about the current challenges the finance team is facing or how they measure success in this position. This shows your proactive approach and eagerness to contribute.