At a Glance
- Tasks: Support finance management and ensure accurate financial reporting across the company.
- Company: Join a dynamic team in a forward-thinking organisation with a collaborative spirit.
- Benefits: Enjoy 27 days leave, profit share bonuses, and private medical insurance.
- Other info: Smart casual dress code and opportunities for professional growth.
- Why this job: Gain hands-on experience in finance while working with a supportive team.
- Qualifications: 5 years of assistant accountant experience and strong finance system skills required.
The predicted salary is between 35000 - 45000 £ per year.
The Assistant Accountant will support the Chief Accountant and Finance Manager in all aspects of company finance.
Key Responsibilities
- Management Accounting
- Ensure timely and accurate recording of the nominal ledger transactions
- Perform various tasks to prepare accurate management accounts for the different legal entities within the business (UK and Overseas) to include but not limited to:
- Sales reporting
- Deferred income
- GRNI / GNIR Adjustments
- Cost of sales / gross profit analysis
- Stock management
- Accruals & prepayments
- Warranty & general provisions
- Intercompany recording and reporting
- Operating expenses
- Group consolidation
- Liaise with Internal Departments as appropriate
- Current Financial Year Budgets and Forecasts
- Prepare the operational expenditure budgets vs. Actuals reports each month
- Hold monthly budget review meetings with budget holders to ensure that expenditure is kept within budget throughout the financial year (UK and Overseas)
- Future Financial Year Budgets and Forecasts
- Prepare draft future financial year budgets
- Work with Budget Holders to develop future financial year budgets for approval from the Management Team and Board of Directors (UK and Overseas)
- Operational Financial Support
- Work with Team Leaders and Budget Holders to provide financial support as appropriate, to include but not limited to:
- Labour & overhead allocation to capture production costs and effective analysis of production variances
- Intercompany transfer of products and transfer pricing compliance
- Cost of sales / gross profit analysis
- Costings, BOM's & profit variances
- KPI Reporting
- Stock quarantine and write off
- New product developments for financial viability
- Statutory Audit
- Involvement in the Statutory Audits (UK and Overseas)
- Support and Cover for Accounts Assistant
- Provide support and cover in the following areas:
- Accounts Inbox and Administrations
- Cashbook Processing
- Sales Ledger and Credit Control
- Purchase Ledger Processing
- Payment Runs and Creditor Reviews
- Deal with company insurance policies
- Involvement in the Statutory Audits (UK and Overseas)
- Other
- Ensure processes and tasks are compliant to current legislation and are carried out in accordance with company policies within required time frames
- Ensure that there are work instructions for all finance department tasks
- Ensure that all documents are filed appropriately within the company network, protected by file access permissions
- Undertake training as required
- Other duties as assigned
Skills, Knowledge and Expertise
- At least 5 years’ experience working at an Assistant Accountant level
- Excellent finance systems skills preferable Sage 50 & Dynamics Business Central
- Excellent Microsoft skills e.g. Teams, Excel, Outlook, Word & PowerPoint
- Good communication skills
- Good teamwork skills
Benefits
- Discretionary annual profit share bonus
- 27 days annual leave plus bank holidays
- 5% employee and 5% employer contributions through our via our salary sacrifice workplace pension scheme
- Group Income Protection Insurance Scheme
- Private Medical Insurance
- Death In Service Scheme
- Electric Vehicle Scheme
- Smart casual dress code
FTC Assistant Accountant in Bicester employer: OxTS
At OXTS, we pride ourselves on being an excellent employer that fosters a positive and inclusive workplace culture. Our supportive team environment encourages professional growth and development, offering employees the opportunity to thrive in their HR careers while making a meaningful impact on the organisation. With a focus on employee relations and recruitment, our onsite HR Advisor role is perfect for those looking to contribute to a high-performing team in the heart of the United Kingdom.
StudySmarter Expert Advice🤫
We think this is how you could land FTC Assistant Accountant in Bicester
✨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 OxTS. 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 FTC Assistant Accountant in Bicester
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 OxTS.
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 OxTS'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 OxTS
✨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 OxTS.
✨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 OxTS 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 OxTS 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.
