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For Companies At a Glance
- Tasks: Manage supplier payments, bookkeeping, and assist in drafting management accounts.
- Company: Join a prestigious international bank located in the heart of London.
- Benefits: Enjoy a 12-month contract with potential for growth and valuable experience.
- Why this job: Gain hands-on finance experience in a dynamic environment while contributing to a global institution.
- Qualifications: A good bachelor's degree and pursuing an accountancy qualification are essential.
- Other info: Experience in financial services is preferred but not mandatory.
The predicted salary is between 36000 - 60000 £ per year.
We are inviting applications for Officer Finance for an international Bank based in City of London. This will be a 12 Months contract to start with the Bank.
Areas of Responsibility:
- Supplier maintenance
- Making regular payments to the vendors/service providers
- Managing suppliers and ensuring supplier reconciliations
- Book keeping
- Month end entries like depreciation, accruals and prepayments entries
- GL movement, scrutiny, analysis, review on monthly basis
- Regular expenses entries in accounting software
- Assist in drafting of monthly management accounts along with balance sheet analysis, income analysis
- Assist in preparation of quarterly VAT returns
Requirement:
- A good bachelor's degree and studying towards an accountancy qualification
- Experience working in financial services organization is preferable
Finance Officer employer: Quantum Group
Contact Detail:
Quantum Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Officer
✨Tip Number 1
Familiarise yourself with the specific accounting software mentioned in the job description. If you have experience with similar tools, be ready to discuss how your skills can transfer to their system.
✨Tip Number 2
Brush up on your knowledge of VAT regulations and management accounts. Being able to speak confidently about these topics during an interview will show that you're prepared and knowledgeable.
✨Tip Number 3
Network with professionals in the financial services sector, especially those who work in international banks. They might provide insights or even refer you to opportunities within their organisations.
✨Tip Number 4
Prepare examples from your past experiences that demonstrate your ability to manage supplier relationships and perform reconciliations. Real-life scenarios can make a strong impression during interviews.
We think you need these skills to ace Finance Officer
Some tips for your application 🫡
Understand the Role: Read the job description carefully to understand the responsibilities and requirements. Highlight key areas such as supplier maintenance, bookkeeping, and management accounts that you can relate to your experience.
Tailor Your CV: Make sure your CV reflects your relevant experience in financial services. Emphasise any roles where you've managed suppliers, handled bookkeeping, or prepared management accounts. Use specific examples to demonstrate your skills.
Craft a Compelling Cover Letter: Write a cover letter that connects your background to the job. Mention your accountancy studies and how they align with the role. Discuss your enthusiasm for working in an international bank and your understanding of the finance sector.
Proofread Your Application: Before submitting, thoroughly proofread your CV and cover letter. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.
How to prepare for a job interview at Quantum Group
✨Know Your Numbers
As a Finance Officer, you'll be dealing with numbers daily. Brush up on your financial terminology and be prepared to discuss your experience with bookkeeping, supplier management, and month-end entries. This will show your familiarity with the role's responsibilities.
✨Demonstrate Analytical Skills
The job requires scrutiny and analysis of GL movements and management accounts. Be ready to provide examples of how you've used analytical skills in previous roles, particularly in preparing financial reports or conducting balance sheet analyses.
✨Showcase Your Qualifications
Since the role requires a good bachelor's degree and progress towards an accountancy qualification, make sure to highlight your educational background and any relevant certifications. Discuss how your studies have prepared you for this position.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities, especially in managing suppliers and handling financial discrepancies. Prepare scenarios from your past experiences where you successfully resolved issues or improved processes.
