At a Glance
- Tasks: Assist in accounts payable and receivable, ensuring smooth month-end processes.
- Company: Dynamic finance team in London with a focus on collaboration.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity for growth and involvement in exciting projects.
- Why this job: Join a crucial role in finance and make a real impact on the team's success.
- Qualifications: Strong critical thinking skills and ability to manage multiple priorities.
The predicted salary is between 30000 - 40000 £ per year.
Reporting to the Senior Finance Manager, the Assistant Accountant will assist across multiple areas of the accounts. You will work closely with the Management Accountant and the Revenue Accountant to ensure the accounting function is running accurately and smoothly. This position will be a crucial part of the month end close process and will need to ensure all accounting entries are completed to meet the month end timetables. The Assistant Accountant will be able to execute process improvements under limited guidance, have strong critical thinking skills, and work with a sense of urgency. The ability to create and adhere to scalable processes with strong controls, all while juggling multiple priorities, is a must.
What you will do
- Accounts Payable
- Provide support to the Accounts Payable team
- Preparation of weekly payment runs
- Monthly prepayment and accrual entries
- Reconciliation of bank payments and assistance with the bank reconciliation process
- Accounts Receivable
- Create and send accurate monthly and non-recurring customer bills (UK & Europe - 2 systems)
- Incorporate add-ons, abatements, move-ins, and move-outs into the revenue tracker
- Issue invoice follow ups; elevate and collaborate with Relationship Leads as needed
- Liaise with the workspace team to ensure accurate purchase orders are issued to customers ahead of invoicing
- Manage the setup of new customers and monthly collection of direct debit payments
- Post bank receipts into the accounting system
- Prepare credit checks on potential customers and provide recommendations to the sales team and heads of function on their viability and necessary terms
- Monitor the accounts receivable inbox, responding to customers in a timely and accurate manner
- Prepare weekly bank and accounts receivable reconciliations
- General
- Manage / participate in ad hoc projects, system integrations and accounting implementations
- Support year end audits, tax filing requests and other statutory requirements
- Prepare journal entries timely and ensure data input is complete and accurate
- Prepare account reconciliations and analytics for month end close, ensuring deadlines are met
Assistant Accountant - London employer: Newmark UK
As an Assistant Accountant in London, you will join a dynamic team that values collaboration and innovation, providing you with the opportunity to enhance your skills in a supportive environment. Our company fosters a culture of continuous improvement and professional growth, offering tailored development programmes and the chance to work on diverse projects that make a real impact. With a strong commitment to employee well-being and a vibrant workplace, we ensure that our team members thrive both personally and professionally.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Accountant - London
✨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 Newmark UK. 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 Assistant Accountant - London
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 Newmark UK.
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 Newmark UK'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 Newmark UK
✨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 Newmark UK.
✨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 Newmark UK 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 Newmark UK 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.
