Financial Accountant

Financial Accountant

Full-Time 30000 - 40000 £ / year (est.) No working from home possible
Postcode Lottery

At a Glance

  • Tasks: Drive financial performance and enhance finance systems while collaborating with various departments.
  • Company: Join a dynamic organisation focused on innovation and teamwork.
  • Benefits: Competitive salary, professional development, and exposure to strategic decision-making.
  • Other info: Excellent career growth opportunities and a chance to work on diverse finance projects.
  • Why this job: Make a real impact on financial processes and contribute to exciting projects.
  • Qualifications: Newly qualified or part-qualified accountants with strong analytical skills.

The predicted salary is between 30000 - 40000 £ 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.

Key Skills:

Potentially suitable for newly qualified or PQE.

Financial Accountant employer: Postcode Lottery

As a Financial Accountant at our organisation, you will thrive in a collaborative and innovative work culture that values your contributions and encourages professional growth. With a focus on finance systems and lottery draw processes, you will have the opportunity to engage with various departments, enhancing your skills while making a meaningful impact on our financial performance. Our commitment to employee development, coupled with a dynamic environment, makes us an exceptional employer for those seeking a rewarding career in finance.

Postcode Lottery

Contact Details:

Postcode Lottery Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Financial Accountant

Tip Number 1

Network like a pro! Reach out to your connections in the finance world, especially those who work in roles similar to the Financial Accountant position. A friendly chat can lead to insider info about job openings or even a referral.

Tip Number 2

Prepare for interviews by brushing up on your knowledge of finance systems and lottery processes. We recommend practising common interview questions and having examples ready that showcase your experience with budgeting and financial performance.

Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.

Tip Number 4

Apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of our team.

We think you need these skills to ace Financial Accountant

Financial Analysis
Budgeting
Forecasting
Finance Systems Management
Process Improvement
Reconciliation
Stakeholder Management

Some tips for your application 🫡

Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Financial Accountant role. Highlight your experience with finance systems, budgeting, and any relevant projects you've led. We want to see how you can contribute to our team!

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 your background makes you a perfect fit. Don’t forget to mention your interest in process improvement and collaboration with different teams.

Showcase Your Analytical Skills:In your application, be sure to highlight your analytical abilities. Discuss any experience you have with forecasting, reporting, or financial reconciliation. We love candidates who can provide insights and drive informed decision-making!

Apply Through Our Website:We encourage you to apply directly through our website for the best chance of success. It’s the easiest way for us to review your application and get to know you better. Plus, it shows you’re serious about joining our team!

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 driving decisions.

Understand the Tech

Since this role involves liaising with technology teams, make sure you have a grasp of finance systems and any relevant software. Familiarise yourself with common tools used in finance and be prepared to discuss how you've improved processes 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. Prepare examples of how you've collaborated with others to achieve financial goals or resolve issues.

Prepare for Scenario Questions

Expect questions that assess your problem-solving skills, especially around draw reconciliation and budgeting. Think of specific scenarios where you've successfully navigated challenges and be ready to explain your thought process and outcomes.