At a Glance
- Tasks: Manage purchase and sales ledgers, process invoices, and assist with financial reconciliations.
- Company: Join a prestigious charity and trading company in the heart of London.
- Benefits: Competitive salary, full-time hours, and opportunities for professional growth.
- Other info: Dynamic role with potential for career advancement in the arts sector.
- Why this job: Make a difference in finance while working in a vibrant cultural environment.
- Qualifications: Experience in finance or accounting and strong attention to detail.
The predicted salary is between 30800 - 31400 £ per year.
Category: Financial
Salary: The salary for this post is between £30,800 to £31,400 per annum dependent on skills and experience.
- Finance Assistant
- Accounts Payable
- Maintain the purchase ledger for the Wallace Collection (Charity) and Hertford House Marketing Limited (Trading Company) by processing invoices and liaising with Heads of Department to ensure accurate coding.
- Process expense claims promptly and accurately, ensuring all required authorisations and approvals are obtained in compliance with policies.
- Resolve supplier disputes promptly and escalation when necessary.
- Prepare payment runs for approval in a timely and accurate manner.
- Manage the accounts payable inbox and escalation queries as needed.
- Accounts Receivable
- Raise customer invoices for the commercial business (Hertford House Marketing Limited) and ensure timely payment.
- Financial Accounting
- Assist with performing monthly bank reconciliations.
- Reconcile the monthly invoicing from our Restaurant supplier (Sodexo).
- Assist with monthly balance sheet reconciliations for stock, debtors (trade debtors, other debtors, and prepayments) and creditors (including trade creditors, deferred income and accruals).
- Process daily shop takings and work with the Retail Assistant and Administrator to identify and investigate discrepancies.
- Prepare weekly cash floats for shop tills according to operational requirements. (Currently not required as the shop is card only).
- Assist with monthly counting and banking of Wallace Collection donation boxes.
- Review and process monthly corporate credit card statements, ensuring accurate upload of all expenditures into SAGE.
- Support audit preparation by collating and organising data for audit files, as directed by the Finance Manager.
This job description cannot be considered to be exhaustive and other duties will be determined by circumstances as and when required.
National Museum Directors' Council, National Museums Liverpool, World Museum, William Brown Street, Liverpool, L3 8EN
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Finance Assistant employer: National Museums
As a Finance Assistant at the Wallace Collection, you will be part of a dynamic and supportive team dedicated to preserving and promoting art and culture. Located in the heart of London, we offer a collaborative work environment that values employee growth and development, alongside competitive salaries and benefits. Join us to make a meaningful impact while enjoying the unique advantages of working within a prestigious charity setting.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Assistant
✨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 National Museums. 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 Assistant
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 National Museums.
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 National Museums'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 National Museums
✨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 National Museums.
✨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 National Museums 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 National Museums 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.
