At a Glance
- Tasks: Support finance team with monthly accounts, budgets, and audits while ensuring accurate transaction processing.
- Company: Join a dynamic financial services firm focused on integrity and compliance.
- Benefits: Gain valuable experience in a fast-paced environment with opportunities for professional growth.
- Why this job: Perfect for detail-oriented individuals looking to make an impact in finance and compliance.
- Qualifications: Newly qualified or finalist accountant with strong Excel skills and attention to detail.
- Other info: Familiarity with SAGE Line 50 and knowledge of regulatory requirements is a plus.
The predicted salary is between 28800 - 48000 £ per year.
To support the Head of Finance in the timely production of monthly management accounts, quarterly forecasts and annual budgets. To lead in the production of the annual statutory accounts and be the focal point on the external statutory and CASS audits. To comply with all regulatory filings – FCA, CASS and HMRC. Principal Job Objectives Working with the Accounts Assistant, ensure all transaction processing (AP, AR, Payroll etc) is completed on time and accurately reflected within the ledgers. Optimise cashflow by ensuring payments and collections are completed on time. Maintain the accuracy and integrity of the ledgers by raising and posting journals. Complete reconciliations of all balance sheet accounts, clearing down any reconciling items on a timely basis. Produce all monthly management accounts and provide insight and key variances Support the FC with preparing the Quarterly Forecasts and Annual Budget. To adhere to all measures within the ISO27001 standard, ensuring Confidentiality, Integrity and Availability at all times. Work in accordance with our ISO 27001. Data Protection and TCF policies and practices. Essential knowledge and experience required at recruitment Newly qualified or Finalist (with intention to complete exams within 6-12 months) Strong Excel Skills. Attention to detail and high level of accuracy. Good inter-personal, organisational and communication skills. Ability to work in a pressurised and fast moving environment. Ability to adapt to change with a flexible approach. Additional Knowledge required to become fully competent Is familiar with SAGE Line 50 or similar accounting software. Knowledge of financial services markets, current developments and products including investments and insurance products. Overview knowledge of regulatory requirements. Knowledge of HMRC requirements and reporting. Ability to communicate and resolve outstanding issues with Client Money requirements.
Accountant employer: Outsourced Professional Administration Limited (OPAL)
Contact Detail:
Outsourced Professional Administration Limited (OPAL) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Accountant
✨Tip Number 1
Familiarize yourself with SAGE Line 50 or similar accounting software. If you haven't used it before, consider taking an online course or tutorial to get comfortable with its features, as this will be a significant advantage during the interview process.
✨Tip Number 2
Brush up on your knowledge of regulatory requirements, especially those related to FCA, CASS, and HMRC. Being able to discuss these topics confidently will show that you're proactive and understand the industry's compliance landscape.
✨Tip Number 3
Highlight your strong Excel skills by preparing examples of how you've used Excel in previous roles. Be ready to discuss specific functions or formulas you've utilized to optimize financial reporting or analysis.
✨Tip Number 4
Demonstrate your ability to work under pressure by sharing experiences where you've successfully managed tight deadlines or adapted to changes in a fast-paced environment. This will resonate well with our team-oriented culture.
We think you need these skills to ace Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in accounting, especially your familiarity with SAGE Line 50 or similar software. Emphasize your strong Excel skills and any experience you have with regulatory requirements.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and how your skills align with the job description. Mention your attention to detail and ability to work under pressure, as these are crucial for the position.
Showcase Relevant Experience: When detailing your previous roles, focus on specific achievements related to financial reporting, cash flow optimization, and compliance with regulatory filings. Use quantifiable results where possible to demonstrate your impact.
Prepare for Potential Questions: Think about how you would answer questions related to your experience with audits, reconciliations, and managing client money requirements. Be ready to discuss how you handle tight deadlines and adapt to changes in a fast-paced environment.
How to prepare for a job interview at Outsourced Professional Administration Limited (OPAL)
✨Showcase Your Technical Skills
Make sure to highlight your strong Excel skills during the interview. Be prepared to discuss specific functions or tools you are familiar with, as well as how you've used them in previous roles to manage financial data effectively.
✨Demonstrate Attention to Detail
Since accuracy is crucial in accounting, provide examples of how you've ensured precision in your work. Discuss any processes you follow to double-check your entries and reconciliations, which will show your commitment to maintaining high standards.
✨Prepare for Regulatory Questions
Familiarize yourself with FCA, CASS, and HMRC requirements. Be ready to discuss how you have complied with these regulations in past positions, as well as your understanding of their importance in the financial services sector.
✨Exhibit Strong Communication Skills
As the role requires good inter-personal skills, think of examples where you've successfully communicated complex financial information to non-financial stakeholders. This will demonstrate your ability to convey important insights clearly and effectively.