At a Glance
- Tasks: Support financial management and ensure accurate reporting for a community energy organisation.
- Company: Join Power Up North London, a leader in renewable energy and community projects.
- Benefits: Part-time role with flexible hybrid working and a competitive salary.
- Other info: Opportunity to work in a collaborative environment focused on social and environmental impact.
- Why this job: Make a real difference in the transition to a low-carbon future while developing your finance skills.
- Qualifications: Experience in finance or accounting, strong numerical skills, and attention to detail.
The predicted salary is between 12000 - 12000 £ per year.
Finance Administrator - Job Description Reports to: Chief Executive Officer Direct reports: None
Salary: £12,000 per annum (£30,000 full-time equivalent, pro rata) Application deadline: 31 August
- Interviews: Online interviews will take place between 7 and 11 September
- Role Purpose
Power Up North London is a leading community energy organisation delivering renewable energy, energy-efficiency and retrofit projects that directly benefit community groups and public buildings.
We believe communities can and must play a central role in the transition to a low-carbon future.
The Finance Administrator will support the effective financial management and integrity of Power Up North London's financial operations.
The postholder will prepare accurate financial and management information, monitor budgets, and support finance processes including cashflow management, invoicing, payments and associated controls.
Working closely with the CEO, Treasurer, Board, internal colleagues and external finance providers, the postholder will provide timely financial information and administrative support to inform decision-making, meet funder requirements and support the organisation's sustainable growth.
The postholder will report to the CEO for day-to-day management and will work with the Treasurer, who provides Board-level financial oversight.
Key responsibilities
- Financial Management and Governance - Maintain accurate and robust financial accounts and processes.
- Support the set-up and preparation of monthly management accounts for internal and Board reporting.
- Support preparation and management of the annual budget.
- Track income and expenditure against approved budgets, identifying and explaining variances.
- Establish and maintain grant and project income and expenditure tracking against budgets.
- Prepare financial reports for funders.
- Billing and Revenue Assurance - Ensure timely billing and effective debtor management.
- Identify and escalated site billing discrepancies.
- Support the investigation and resolution of issues to ensure accurate income collection.
- Cashflow and Treasury Management - Manage cashflow and maintain accurate forecasts.
- Reconcile bank accounts fortnightly and track cash movements.
- Monitor invoice timing and payment disbursements to support effective cashflow management.
- Performance Monitoring and Financial Modelling - Liaise with the Asset Management Team to track solar-site and project performance against forecasts.
- Analyse income and expenditure, highlighting risks and opportunities.
- Support electricity pricing for new sites and review financial assumptions and models.
- External Finance Coordination - Work effectively with Sharenergy, Power Up North London's outsourced finance provider.
- Liaise on accounting, reporting and financial queries, ensuring timely resolution.
- Monitor delivery against the service-level agreement.
- Financial Controls - Ensure compliance with Power Up North London's financial processes and controls.
- Implement and maintain controls for incoming and outgoing payments, grant management and bank reconciliations.
- Funding context
This role is funded in part by a National Lottery Community Fund grant and in part through Power Up North London's earned income from the delivery of solar, retrofit and energy advice/training projects that generate project management fees.
Finance Administrator - Person Specification
Essential experience
- Experience in a finance or accounting role, including financial reporting and budget tracking.
- Experience preparing or supporting the preparation of management accounts.
- Experience working with external finance providers or accountants.
Essential knowledge and skills
- Strong financial and numerical skills, with excellent attention to detail.
- Ability to analyse financial data and communicate insights clearly.
- Experience in budgeting, forecasting and variance analysis.
- Strong organisational skills and ability to manage competing priorities.
- Experience tracking project-based finances or multi-site income models.
- Confidence using spreadsheets and financial systems.
- Clear written and verbal communication skills.
Desirable Experience and Knowledge
- Part-qualified or qualified accountant.
- Experience in community energy, sustainability or the not-for-profit sector.
- Familiarity with energy pricing or financial modelling.
- Personal Attributes
- Highly organised and methodical.
- Proactive and able to identify and resolve issues independently.
- High integrity and commitment to financial accuracy.
- Collaborative approach to working within a small team with internal and external stakeholders.
- Motivation to contribute to social and environmental impact.
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Finance Administrator employer: Power Up North London
Power Up North London is an exceptional employer, offering a unique opportunity to contribute to the community's transition to a low-carbon future while working in a supportive and collaborative environment. With a strong focus on employee growth, the hybrid work model allows for flexibility, and the part-time role ensures a healthy work-life balance, making it ideal for those seeking meaningful employment in the renewable energy sector.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Administrator
✨Connect with Campus Reps
If you're looking for part-time work in banking, try to connect with your university's career services and campus representatives from banks. They often host recruitment events or provide exclusive job listings, which can give you a leg up in the application process.
✨Get Involved in Financial Societies
Join finance or investment clubs at your university. These societies not only provide fantastic networking opportunities but also often collaborate with financial institutions for internships or part-time roles, making it easier for us to land those positions.
✨Use LinkedIn for Hidden Gems
Keep an eye on LinkedIn for part-time opportunities at banks, specifically targeting roles like customer service or administrative support. Companies like Power Up North London often post openings there first, so be on the lookout and don’t forget to engage with their content!
✨Showcase Your Skills Directly
When applying for a part-time role, consider creating a simple portfolio that highlights your finance-related skills or projects. Whether it's a personal finance blog, a financial analysis you've done, or any relevant coursework, having this ready can impress hiring managers at Power Up North London.
We think you need these skills to ace Finance Administrator
Some tips for your application 🫡
Show Off Your Numbers Game:In the banking and financial services world, it's all about numbers. Highlight any relevant coursework, grades, or certifications, like AAT or CFA, on your CV. If you can point to specific projects or tasks where you managed finances or analysed data, that's a big plus!
Tailor Your Cover Letter to Us:When writing your cover letter, don’t just reiterate your CV. Tell us why you want to work at Power Up North London and how this part-time role fits into your career goals. Map your skills and experiences directly to the job spec, and don’t forget to weave in any technical skills you have, like experience with financial software!
Marry Experience with Availability:Since this is part-time, it’s super important to state your availability clearly in your application. Highlight any previous work experience, even if it's not directly in finance, that shows your reliability and ability to juggle various commitments. Flexibility can be a real asset!
Keep It Professional Yet Personal:While you want to keep a professional tone, don’t be afraid to inject a bit of your personality into your application. Especially for a part-time role, we’re looking for someone who's not just skilled but also a good fit for the team at Power Up North London. A little light-heartedness can go a long way!
How to prepare for a job interview at Power Up North London
✨Brush Up on Your Numbers
For a role in banking and financial services, you’ll likely encounter numerical tests that gauge your analytical skills. So, let’s whip out those maths skills! Practise mental arithmetic and get comfy with basic financial concepts; this'll really help you shine during the assessment stages.
✨Know Your Financial Products
Knowing your stuff about the various financial products and services is crucial. Be prepared to discuss topics like loans, mortgages, investment funds, and credit options. Having a finger on the pulse of current market trends and economic events can also give you an edge—the interviewers will appreciate your insight!
✨Flexibility and Commitment are Key
Since you're aiming for a part-time position, emphasise your flexibility and willingness to commit your time effectively. Highlight your ability to balance studies or other commitments while delivering results at work. This kind of attitude can set you apart from the competition.
✨Showcase Your Portfolio of Experience
Even though it’s a part-time role, companies want to see your motivation and past experience. Bring examples of relevant projects or roles, including internships or coursework that demonstrate your understanding and passion for banking and finance. The more tangible your examples, the more convincing you’ll be!
