At a Glance
- Tasks: Support finance operations by processing invoices and managing customer accounts.
- Company: Join Mayborn, a dynamic company in Newcastle upon Tyne.
- Benefits: Permanent position with opportunities for growth and development.
- Other info: Collaborative team environment with a focus on continuous improvement.
- Why this job: Make an impact in finance while building relationships and enhancing your skills.
- Qualifications: Experience in finance roles and strong attention to detail required.
The predicted salary is between 25000 - 30000 £ per year.
Location: Newcastle upon Tyne
Contract: Permanent
We have an exciting opportunity for a Finance Transactions Assistant to support the day-to-day operation of both the Accounts Payable and Accounts Receivable functions across Mayborn! The role is responsible for ensuring the timely and accurate processing of supplier invoices, customer receipts, credit control activities, and financial transactions, while supporting strong cash flow and maintaining excellent relationships with internal and external stakeholders.
What You Will Be Doing
- Process supplier invoices using the automated invoice recognition system and ensure accurate posting to the ledger.
- Match invoices to purchase orders and manage invoice approvals and queries with budget holders and departments.
- Reconcile supplier statements and proactively resolve outstanding issues.
- Post and allocate customer receipts and maintain accurate sales ledger records.
- Manage customer accounts through effective credit control, including debt collection via telephone, email, statements, and customer portals.
- Investigate and resolve customer and supplier queries, including processing credit notes where appropriate.
- Review customer orders and credit limits, escalating issues where necessary and supporting order release decisions.
- Complete month-end activities including reconciliations, journals, reporting, and other tasks in line with the Group reporting timetable.
- Assist with cash forecasting and support external audit requests as required.
- Maintain accurate financial records and contribute to continuous improvement of finance processes.
- Build effective working relationships across the business and provide excellent customer service to internal and external stakeholders.
What Skills and Experience You'll Need to Ace This Job
- Previous experience in an Accounts Payable, Purchase Ledger, Sales Ledger, Credit Control, or similar finance transactions role.
- Strong attention to detail with a high level of accuracy.
- Good working knowledge of Microsoft Excel and other Microsoft Office applications.
- Excellent communication and relationship-building skills.
- Strong organisational skills with the ability to prioritise and meet deadlines.
- Analytical and methodical approach to problem solving.
- Ability to manage multiple tasks across different business units with minimal supervision.
- Comfortable using finance systems and automated processing tools.
- A proactive attitude with a willingness to learn and continuously improve.
- Ability to work collaboratively as part of a team while also taking ownership of individual responsibilities.
If this sounds like an exciting opportunity for you, please apply online. Any queries can be directed to Luke at largent@mayborngroup.com or James Davison at jdavison@mayborngroup.com.
Finance Transactions Assistant in Newcastle upon Tyne employer: Mayborn
Mayborn is an exceptional employer located in Newcastle upon Tyne, offering a dynamic work environment where finance professionals can thrive. With a strong emphasis on employee growth and development, we provide comprehensive training and support, fostering a culture of collaboration and innovation. Our commitment to maintaining excellent relationships with both internal and external stakeholders ensures that every team member plays a vital role in our success, making this an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Transactions Assistant in Newcastle upon Tyne
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Mayborn. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Finance Transactions Assistant in Newcastle upon Tyne
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Mayborn.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Mayborn's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Mayborn
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Mayborn.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Mayborn will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Mayborn employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
