At a Glance
- Tasks: Drive financial performance and enhance finance systems while collaborating with various departments.
- Company: Dynamic organisation focused on innovation and teamwork.
- Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Great exposure across the organisation with significant career development opportunities.
- Why this job: Make a real impact on financial processes and contribute to exciting projects.
- Qualifications: Experience in finance and strong analytical skills required.
The predicted salary is between 40000 - 50000 £ per year.
This is a broad and dynamic role, with a unique focus on finance systems and lottery draw processes. As a finance business partner, you will work closely with heads of department within your assigned portfolio to monitor, forecast and plan budgets, playing a key role in driving financial performance and informed decision-making.
Alongside this, you will take ownership of overseeing system enhancements, ensuring robust testing and integrity, and evaluating the impact of changes across the finance function. You'll also have the opportunity to support and continuously improve our prize and draw reconciliation processes, ensuring they run smoothly, accurately and efficiently.
Working closely with the Financial Controller and Finance Director, you will provide high-quality insights to support management reporting and strategic decisions. This role offers excellent exposure across the organisation and the chance to make a significant contribution to the achievement of both the Finance team and wider Postcode Lottery objectives.
Key activities and responsibilities you will expect:
- The link between finance and the technology and product teams to understand relevant processes and lead process improvement.
- Active member in group technology system improvement projects, consulting on the impact to the finance team’s ways of working and ensuring appropriate controls are in place.
- Draw planning – Updating and re-forecasting of the draw planner and working with Marketing and Process departments to analyse any additional prizes available.
- Liaising with the prize indemnity insurance providers to agree insurance requirements for each draw.
- Draw reconciliation – Reconciling financial receipts to draw files to ensure a fully reconciled draw. Working with Process team internally and bank externally if required to investigate and resolve differences and issues arising. Updating draw report summary files and attending all pre- and post-draw meetings.
- Building strong relationships with payment providers, ensuring we keep pace with technology advancements.
- Responsible for forecasting and reporting of departmental expenditure to Management Accountant and Financial Controller.
- Review of monthly payroll.
- Maintain appropriate VAT treatment of all company processes and ownership of VAT return completion and filing.
- Finance projects – Leading on various projects as well as providing ad-hoc project support when required.
- Providing year end audit support.
Financial Accountant in Edinburgh employer: Postcode Lottery
As a Financial Accountant at our Edinburgh location, you will thrive in a dynamic and supportive work environment that champions collaboration and innovation. We offer a hybrid working model, competitive benefits, and ample opportunities for professional growth, allowing you to make a meaningful impact on our financial performance while enjoying a fulfilling career. Join us to be part of a team that values your contributions and fosters a culture of continuous improvement and excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Accountant in Edinburgh
✨Tip Number 1
Network like a pro! Reach out to people in the finance sector, especially those who work with systems and processes. A casual chat can lead to opportunities you won’t find on job boards.
✨Tip Number 2
Show off your skills! Prepare a portfolio or a presentation that highlights your experience with financial systems and process improvements. This can really set you apart during interviews.
✨Tip Number 3
Be proactive! If you see a company you love, don’t wait for them to post a job. Reach out directly through our website and express your interest in working with them. You never know what might come up!
✨Tip Number 4
Practice makes perfect! Get comfortable discussing your past experiences with budgeting, forecasting, and reconciliation. Mock interviews with friends can help you nail those tricky questions.
We think you need these skills to ace Financial Accountant in Edinburgh
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Financial Accountant role. Highlight your experience with finance systems, budgeting, and any relevant projects you've led. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Be sure to mention your experience with draw reconciliation and financial reporting.
Showcase Your Teamwork Skills:Since this role involves working closely with various departments, highlight your teamwork skills in your application. Share examples of how you've collaborated with others to achieve financial goals or improve processes.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Postcode Lottery
✨Know Your Numbers
As a Financial Accountant, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've used them in past roles. This shows you understand the importance of data in decision-making.
✨Understand the Tech
Since this role involves liaising with technology teams, make sure you’re familiar with finance systems and any relevant software. Be prepared to discuss how you've contributed to system enhancements or process improvements in previous positions.
✨Showcase Your Communication Skills
You'll be working closely with various departments, so highlight your ability to build relationships and communicate effectively. Think of examples where you've successfully collaborated with others to achieve financial goals.
✨Prepare for Scenario Questions
Expect questions about how you'd handle specific situations, like reconciling discrepancies or managing budgets. Prepare by thinking through potential challenges and how you would approach them, demonstrating your problem-solving skills.
