At a Glance
- Tasks: Join us as a Finance Officer, handling invoices, payments, and payroll with precision.
- Company: Mathewson Underfloor Heating Solutions is a dynamic company in the construction industry.
- Benefits: Enjoy a competitive salary, medical cash plan, pension, life assurance, and service-based leave.
- Why this job: Be part of a supportive team, gain valuable experience, and contribute to financial accuracy.
- Qualifications: GCSEs in English and Maths required; finance experience and Excel skills preferred.
- Other info: This is an entry-level, full-time position perfect for recent graduates or those looking to start their finance career.
The predicted salary is between 23000 - 35000 £ per year.
1 week ago Be among the first 25 applicants
We are seeking a proactive and detail-oriented Finance Officer to support our financial operations. This role focuses on processing invoices, raising purchase orders, credit control, handling subcontractor/supplier payments, CIS deductions, retention tracking and payroll processing, ensuring compliance and accuracy throughout our financial processes.
Salary – £29,000 per annum
Benefits – Medical Cash Plan, Pension, Life Assurance, Service-Based Leave Entitlement
Key Areas of Responsibility
·Process subcontractor/supplier invoices and payments promptly and accurately
·Administer CIS deductions and submit returns to HMRC in accordance with regulations
·Track and maintain records of retention payments, monitoring release schedules
·Reconcile bank and ledger accounts, support monthly and year-end closing activities
·Verify subcontractor status and ensure compliance with relevant financial legislation
·Handle communication with subcontractors regarding CIS, payment queries, and retentions
·Assist in producing financial statements and preparing documentation for audits
·Employee expense management
·VAT and CIS return completion
·Month and year end reporting processes
Key Tasks
·Complete all accounts receivable invoicing and collections accurately and on a timely basis
·Process and log all accounts payable transactions, completing appropriate matching and tax review of each invoice (including CIS)
·Managing subcontractor/supplier payments and processing in line with due dates.
·To ensure the recording of all bank transactions and that all records and entries within the system are updated on a daily basis.
·To ensure completion of monthly bank reconciliations, investigating and explaining anomalies before independent review and filing.
·To prepare quarterly VAT and CIS returns, ensuring these are reviewed and submitted on a timely basis.
·To ensure completion of monthly reconciliations including trade debtors, trade payables, other creditors and VAT.
·To ensure timely processing of payroll payments and journals in the system.
·Work with external payroll provider to ensure information is submitted and received back in line with payment deadlines.
·To ensure all employee expense reports are processed on a timely basis, ensuring information is accurate and reviewed for tax and is supported by receipts or equivalent and line manager approval in line with policy.
·To assist with monthly close and journal management by being responsible for the accurate completion of entries into the system.
·To assist with month end / year end preparation and procedures.
Key Performance Indicators for the Position
Position Related
·Timeliness and accuracy of invoicing and cash collection
·Timely processing of purchase invoices and accuracy of accounts payable reports
·Completeness of monthly balance sheet reconciliations
·Positive working relationships with supplier and customer finance teams
Compliance
·To ensure understanding of the Mathewson quality and environmental management systems and to work according to their requirements.
·To be aware of the environmental aspects and impacts relevant to the work of as well as ensuring compliance with any environmental legislation that is applicable to the job.
·Ensure all Mathewson activities are GDPR compliant.
Qualifications, Certification and Licences
·Minimum of GCSEs (or equivalent) in English and Mathematics.
- Experience in accounting and/or finance
- Proficient in Microsoft Office, especially Excel (advanced level preferred)
- Experience with an ERP system desirable but not essential (Sage 50/Xero an advantage)
·Experience of working with customers & suppliers (internal & external)
·Ability to manipulate large volume of data and experience of carrying out detailed analysis of data and to provide the results that are easily understood to external auditors and senior management
·Attention to detail with the ability to provide accurate and timely information to a high standard
·Ability to work well in pressurised situations and think proactively in a fast-paced environment
·Ability to plan, organise and prioritise workload, including co-ordinating with others and ensuring that statutory and other deadlines met.
·Proactive and diplomatic
·Ability to multitask effectively ensuring timelines are met
·Excellent verbal and written communication skills, including ability to effectively communicate with internal and external stakeholders up to and including Senior Executives
·To work as part of a team and independently to deliver a common goal or objective
·Work in line with Mathewson Values – Quality, Collaboration, Innovation, Support and Passion
Seniority level
-
Seniority level
Entry level
Employment type
-
Employment type
Full-time
Job function
-
Job function
Finance and Sales
-
Industries
Construction
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Finance Officer employer: Mathewson Underfloor Heating Solutions
Contact Detail:
Mathewson Underfloor Heating Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Officer
✨Tip Number 1
Familiarise yourself with the Construction Industry Scheme (CIS) as it's a key part of the Finance Officer role. Understanding how CIS deductions work will not only help you in interviews but also demonstrate your proactive approach to the responsibilities outlined in the job description.
✨Tip Number 2
Brush up on your Excel skills, especially advanced functions like VLOOKUP and pivot tables. Since the role requires handling large volumes of data and performing detailed analysis, showcasing your proficiency in Excel during discussions can set you apart from other candidates.
✨Tip Number 3
Prepare to discuss your experience with financial compliance and regulations. The job involves ensuring compliance with financial legislation, so being able to articulate your understanding and past experiences in this area will be crucial during the interview process.
✨Tip Number 4
Network with professionals in the finance sector, particularly those who have experience in construction finance. Engaging with industry contacts can provide valuable insights and potentially lead to referrals, increasing your chances of landing the job with us.
We think you need these skills to ace Finance Officer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance and accounting. Focus on your skills in processing invoices, handling payments, and any experience with CIS deductions or payroll processing.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the Finance Officer role. Mention specific responsibilities from the job description that you are excited about and how your background aligns with them.
Highlight Relevant Skills: Emphasise your proficiency in Microsoft Excel and any experience with ERP systems like Sage 50 or Xero. Detail your ability to manage large volumes of data and your attention to detail, as these are crucial for the role.
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 essential for a Finance Officer.
How to prepare for a job interview at Mathewson Underfloor Heating Solutions
✨Know Your Numbers
As a Finance Officer, you'll be dealing with invoices, payments, and financial statements. Brush up on your knowledge of key financial metrics and be prepared to discuss how you ensure accuracy in your work.
✨Demonstrate Attention to Detail
This role requires a keen eye for detail, especially when processing invoices and reconciling accounts. Be ready to share examples from your past experiences where your attention to detail made a significant impact.
✨Familiarise Yourself with Relevant Legislation
Understanding CIS deductions and VAT regulations is crucial. Make sure you can explain these concepts clearly and how you've applied them in previous roles or projects.
✨Showcase Your Communication Skills
You'll need to communicate effectively with subcontractors and suppliers. Prepare to discuss how you've handled payment queries or resolved issues in the past, highlighting your diplomatic approach.