At a Glance
- Tasks: Manage accounts payable, support month-end processes, and assist with financial reporting.
- Company: Join Right Formula, a dynamic sports marketing agency with a global reach.
- Benefits: Gain hands-on experience, competitive salary, and opportunities for career growth.
- Other info: Perfect for those studying AAT, ACCA, or CIMA, with a proactive mindset.
- Why this job: Kickstart your accounting career in a fast-paced, innovative environment.
- Qualifications: Experience in accounts payable and strong analytical skills required.
The predicted salary is between 31500 - 38500 £ per year.
About Right Formula
At Right Formula, we enable brands to push the limits of sports marketing through a unique blend of expertise, ingenuity and agility. Our 360-degree service offering takes brands from partnership identification through to the delivery of fully integrated marketing strategies. With offices in the UK and the US, we support clients worldwide helping them accelerate growth through the power of sport.
The Role
We're looking for a proactive and detail-oriented Assistant Accountant to join our growing finance team on a full-time basis. Reporting to the Management Accountant, you'll play a key role across Accounts Payable, Adhoc Accounts Receivable, and Management accounts support, helping to keep the day-to-day financial operations of the business running smoothly while gaining exposure to the monthly reporting cycle. This is a hands-on role offering visibility across the full finance function, ideal for someone looking to develop their accounting career in a fast-paced, global agency environment.
What You'll Be Doing
- Accounts Payable (AP)
- Manage the end-to-end accounts payable process
- Process supplier invoices, ensuring correct coding, approvals, and accuracy
- Match invoices to purchase orders and resolve discrepancies
- Prepare and support payment runs on NatWest (bi-weekly)
- Maintain and reconcile the aged creditors ledger
- Handle supplier queries and build strong working relationships
- Set up and maintain supplier records
- Management Accounts Support
- Assist the Management Accountant with month-end close, including posting journals (accruals, prepayments, depreciation and corrections)
- Help prepare balance sheet reconciliations and support the resolution of reconciling items
- Support WIP reporting - pulling and checking data from Synergist ahead of monthly reviews
- Assist with intercompany reconciliations between UK and US entities
- Help maintain supporting schedules used in management reporting (e.g. prepayments, cost accruals, fixed assets)
- Support the preparation of month-end reporting packs and finance workbook updates
- Assist with variance analysis by gathering and organising underlying transaction data
- Contribute to process improvement initiatives across the wider finance function
- General Finance Support
- Process and reconcile employee expenses and corporate card transactions from Pleo
- Support General Accounting Systems Management
- Maintain accurate financial records and documentation
- Support with annual audit queries
- Provide ad-hoc support to the wider finance team as required
What We're Looking For
- Previous experience in an Accounts Assistant / Assistant Accountant role covering AP
- Strong attention to detail and accuracy
- Good numerical and analytical skills
- Experience with financial systems (Accounts IQ a plus)
- Intermediate to advanced Excel skills
- Strong organisational skills with the ability to manage multiple priorities
- Excellent communication skills, both internal and external
- A proactive, problem-solving mindset
- An interest in progressing towards month-end and management accounts work overtime
Desirable:
- Studying towards (or interested in studying) AAT, ACCA, or CIMA
- Experience in an agency or fast-paced environment
Assistant Accountant employer: Right Formula
Right Formula is an exceptional employer that fosters a vibrant startup culture in Greater London, where creativity and innovation are at the forefront of our mission. As a Product Designer, you will enjoy ample opportunities for professional growth, collaboration with a talented team, and the chance to make a significant impact on our digital platforms. We prioritise employee well-being and offer a supportive environment that encourages your design voice to shape our products and culture.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Accountant
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Right Formula. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Assistant Accountant
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Right Formula.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Right Formula's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Right Formula
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Right Formula.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Right Formula will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Right Formula employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
