Finance Assistant in Padiham

The Finance Assistant plays a key role in supporting the day-to-day financial operations of the business, with primary responsibility for sales ledger, credit control, and transactional finance activities, alongside purchase ledger and general ledger support. The role is critical in maintaining robust financial controls, accurate records, and timely processing of financial transactions. The Finance Assistant will work closely with internal stakeholders, project teams, and external suppliers and customers to ensure financial integrity, compliance, and efficient cash flow management. This role is suited to a detail-focused finance professional who is confident working independently while contributing effectively within a collaborative finance team environment.

Key Responsibilities:

• Review and validate sales invoices
• Convert invoices from draft to final status and issue to customers
• Ensure accurate and timely invoicing in line with company processes
• Maintain sales ledger integrity and address invoicing queries
• Manage credit control activity including proactive debt chasing
• Monitor customer balances and adherence to agreed credit limits
• Circulate weekly debtor reports to the management team with clear commentary
• Credit check new customers and prospects and ensure correct account setup
• Maintain full control of the purchase ledger
• Ensure supplier invoices match approved purchase orders
• Query discrepancies with Project Managers where required
• Request management authorisation for non-PO invoices via Adobe DocuSign
• Reconcile supplier statements and resolve discrepancies
• Complete weekly BACS payment runs to ensure suppliers are paid in line with agreed terms
• Daily bank posting and reconciliation
• Monthly company credit card statement reconciliation
• Process monthly PAYE payments, ensuring submission reaches HMRC by the 22nd of each month
• Assist with the preparation of monthly financial reports
• Support project accounting and job management activities
• Monitor and manage the company accounts email inbox
• Work within Xero and associated systems
• Undertake ad hoc financial and administrative tasks as required

Qualifications, Skills & Experience:

• AAT qualified or part-qualified (or equivalent experience)
• Strong sales ledger and credit control experience
• Sound knowledge of accounting practices
• Strong Excel skills, including formulas and functions
• Excellent numerical accuracy and attention to detail
• Strong organisational and time-management skills
• Ability to work independently and as part of a team
• Clear and confident communication skills
• Project accounting / job management experience
• Purchase ledger and general ledger exposure
• Experience within a growing, acquisitive, or multi-site business
• Merger and acquisition experience
• Professional judgement and integrity
• Strong organisational capability
• Ability to prioritise and meet deadlines
• Stakeholder communication and relationship management

Performance & Development:

• Accuracy and timeliness of financial processing
• Effective credit control and cash flow management
• Compliance with internal controls and reporting deadlines
• Regular 1-1 meetings and structured probationary reviews

In addition to annual salary, LCM offers: 20 days annual leave plus statutory entitlement, life insurance, optional SimplyHealth (post-probation), sales salary sacrifice company car scheme, and recommendation rewards programme.

The above list of duties is non-exhaustive. The post holder may be required to undertake additional responsibilities appropriate to the role, as directed by their line manager.