Finance Assistant in Hampton

Finance Assistant in Hampton

Hampton Full-Time 29000 - 29000 £ / year (est.) No home office possible
Magpie Recruitment

At a Glance

  • Tasks: Manage payroll cycles and ensure timely payments for candidates each week.
  • Company: Join a dynamic finance team in a supportive office environment.
  • Benefits: Competitive salary, career growth opportunities, and a collaborative workplace.
  • Why this job: Make a real impact by ensuring accurate payments and compliance in finance.
  • Qualifications: Understanding of payroll procedures and strong numeracy skills required.
  • Other info: Perfect for those looking to kickstart their finance career with hands-on experience.

The predicted salary is between 29000 - 29000 £ per year.

This Finance Assistant role is central to ensuring our client's candidates receive accurate and timely payments each week. You'll manage the complete payroll cycle, from setting up new candidates and clients through to reconciling payments and maintaining comprehensive audit records. Your work directly supports the smooth operation of the business and ensures compliance with HMRC requirements, making this a key position within the finance team.

Responsibilities

  • Monitor and liaise with the payroll bureau to ensure all candidate payments process correctly each week.
  • Set up and maintain new candidates on payroll systems, managing PAYE, Ltd Co., and Self-Employed arrangements.
  • Configure new client accounts with correct payment terms, invoicing details and agreed rates.
  • Receive and check candidate timesheets weekly, raising queries with consultants or candidates as needed.
  • Enter timesheet data onto the payroll system and produce tabulated reports for consultant review.
  • Upload timesheet and expense data for inclusion in weekly invoices.
  • Maintain organised filing of timesheets to provide clear audit trails for clients and statutory bodies.
  • Reconcile payroll payments with the Finance Team Manager and investigate discrepancies.
  • Manage candidate holiday payment records and CPD payment documentation.
  • Create and input payroll journals onto the accounting system.
  • Support query resolution between the payroll bureau, internal finance staff and recruitment consultants.
  • Maintain the payroll database to ensure system performance and data accuracy.
  • Provide statistical payroll and payment data to clients and external bodies as required.
  • Prioritise workload and support team colleagues to meet weekly deadlines and cover during absences.
  • Suggest and contribute to improvements in finance processes.

Requirements

  • Solid understanding of payroll procedures including PAYE, Tax, National Insurance, Statutory Sick Pay and Statutory Maternity Pay.
  • Strong numeracy skills and excellent attention to detail.
  • Working knowledge of accounting packages, particularly nominal ledger and payroll interfaces.
  • Intermediate Microsoft Office skills, especially Excel.
  • Experience with payroll bureau systems (Eden experience is advantageous).
  • Good interpersonal and communication skills, both written and verbal.
  • Active listening and questioning skills to clarify information and resolve issues.
  • Strong analytical and administrative abilities.
  • Ability to prioritise work and adapt to changing demands.
  • Comfortable working independently and as part of a team in a weekly deadline environment.

How to Apply

If you're looking to advance your finance career and have the skills and experience to succeed in this role, please send your application to (url removed). Please include your CV and a brief cover letter outlining your relevant payroll and accounting experience. Let us know about any specific payroll systems or accounting software you've worked with, and provide examples of how you've contributed to process improvements in previous roles.

Finance Assistant in Hampton employer: Magpie Recruitment

Join our dynamic team in Hampton Hill as a Finance Assistant, where you will play a vital role in ensuring accurate and timely payments for our candidates. We pride ourselves on fostering a supportive work culture that encourages professional growth and development, offering opportunities to enhance your skills in payroll and finance. With a competitive salary and a commitment to employee well-being, we provide a rewarding environment for those looking to make a meaningful impact in their careers.
Magpie Recruitment

Contact Detail:

Magpie Recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance Assistant in Hampton

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance world, especially those who work in payroll. A friendly chat can lead to insider info about job openings that might not even be advertised yet.

✨Tip Number 2

Prepare for interviews by brushing up on your payroll knowledge. Be ready to discuss PAYE, National Insurance, and any specific systems you've used. We want you to show off your skills and confidence!

✨Tip Number 3

Don’t forget to follow up after interviews! A quick thank-you email can keep you fresh in their minds and shows your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit.

✨Tip Number 4

Check out our website for the latest job openings. Applying directly through us not only gives you a better chance but also keeps you in the loop with any updates or changes in the hiring process.

We think you need these skills to ace Finance Assistant in Hampton

Payroll Procedures
PAYE
Tax
National Insurance
Statutory Sick Pay
Statutory Maternity Pay
Numeracy Skills
Attention to Detail
Accounting Packages
Nominal Ledger
Payroll Interfaces
Microsoft Excel
Payroll Bureau Systems
Interpersonal Skills
Communication Skills
Analytical Abilities
Administrative Abilities
Time Management
Teamwork

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Finance Assistant role. Highlight your experience with payroll systems and any relevant accounting software you've used. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Keep it brief but impactful, outlining your payroll experience and any process improvements you've made in past roles. We love seeing how you can contribute to our team!

Show Off Your Attention to Detail: In finance, details matter! Use your application to demonstrate your strong numeracy skills and attention to detail. Mention specific examples where you've successfully managed payroll or reconciled payments.

Apply Through Our Website: Don't forget 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 see what you bring to the table!

How to prepare for a job interview at Magpie Recruitment

✨Know Your Payroll Basics

Make sure you brush up on your understanding of payroll procedures, especially PAYE, Tax, and National Insurance. Being able to discuss these topics confidently will show that you’re well-prepared and knowledgeable about the role.

✨Showcase Your Attention to Detail

Since this role requires strong numeracy skills and excellent attention to detail, be ready to provide examples from your past experiences where you successfully managed data accuracy or resolved discrepancies. This will highlight your suitability for the position.

✨Familiarise Yourself with Relevant Software

If you have experience with specific payroll systems like Eden or accounting packages, make sure to mention them during the interview. If you don’t, it’s worth doing a bit of research on common software used in the industry to demonstrate your initiative.

✨Prepare for Team Dynamics

This role involves working closely with both internal finance staff and recruitment consultants. Think of examples that showcase your interpersonal skills and how you’ve effectively collaborated in a team setting, especially under tight deadlines.

Finance Assistant in Hampton
Magpie Recruitment
Location: Hampton

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>