At a Glance
- Tasks: Manage daily cash flow, reconcile accounts, and support finance operations in a dynamic team.
- Company: Join a forward-thinking fuel supplier with a commitment to staff and customer satisfaction.
- Benefits: Gain valuable experience in finance with a competitive salary and supportive work environment.
- Other info: Opportunity for career growth and to implement innovative solutions in finance.
- Why this job: Make an impact in a fast-paced role while developing your finance skills.
- Qualifications: Experience in finance, strong Excel skills, and a proactive attitude are essential.
The predicted salary is between 24300 - 29700 £ per year.
Exclusive role 12 month fixed term contract. Full - time, Office based.
We are delighted to be partnering with a successful business that supplies fuel across the UK who are looking to recruit an experienced Finance Assistant to cover maternity leave for 12 months.
You will join a company who has a reputation for being dynamic, forward-thinking, and committed to delivering the best for their staff and customers.
Joining a professional and friendly team duties will include
- Daily Posting and reconciliation of the company payments bank account, and ensuring all unreconciled items are accounted for daily
- Petty cash reconciliation for month end
- Daily drawdowns from the CID accounts, ensuring funds are deposited into the payment account, prior to the 10am cut off
- Preparation and issue of the daily cash flash to the Managing shareholder, MD, FD & FC, whilst adding accurate commentary on any large cash movements
- Management of the company’s daily cash flow forecast
- Joint responsibility for ensuring all bulk and third-party suppliers are fully reconciled, with any variances investigated corrected by the purchase ledger month end cut off deadline
- Maintenance of the statement reconciliation tracker monthly.
- Responsible for ensuring the weekly payment run is prepared in its entirety for review by the Financial Controller by COB every Tuesday.
- Review and sign off the weekly customer refunds
- Weekly review of the aged creditors report, and querying any anomalies and unallocated cash prior to preparing the payment run
- Reconciliation of the ‘Fuelsoft’ Fuelcard customer accounts back to the bulk ERP system
- Reviewing efficiencies and implementing new controls and automation projects in both the Purchase Ledger and Credit Control departments
- Looking for opportunities to adopt AI and to automate processes where possible
- Initial run and review of the monthly RDCO (Registered Dealers in Controlled Oil), ensuring all usage codes are complete and accurate, with any missing and incorrect information fed back to the Commercial Sales Manager
- Preparation of customer satisfaction report, to be included within the monthly board pack
- Monthly reporting on the marketing budget v actual with variance analysis to be issued to the Sales Director and Marketing Manager
- Review of the customer credit card spend monthly, and issue with commentary and suggestions to the Commercial Sales Manager
- Adhoc cover and support to the Purchase Ledger department & Credit Control department
Person Specification
- Highly motivated and driven
- Great communicator that enjoys a team working environment
- Agile and pro-active with a lot of initiative
- System savvy and can confidently use MS, Excel and bespoke systems quickly
- Rises to new challenges
- A competent learner who can hit the ground running
- Comfortable working in an office-based environment on a daily basis
- Professional, accurate and diligent attitude
- Positive can-do attitude and focused to achieve tasks and add value
- Thrives in a fast-paced environment where speed and accuracy are both equally important
- High degree of self-motivation with an ability to motivate others and uphold the Company Values
- Additional information
- Proven experience in supplier account and bank reconciliations
- Experience and demonstrable knowledge of Excel (pivot tables, SUM etc) is essential
- Will also be expected to answer overflow calls from credit control, take customer payments or help with customer queries.
- AAT or QBE
- #J-18808-Ljbffr
Finance Administrator in North East employer: Spear-heads
Spear-heads is an exceptional employer that fosters a dynamic work culture in Tees Valley, where innovation and collaboration thrive. Employees benefit from comprehensive training programs and clear pathways for career advancement, ensuring personal and professional growth. With a focus on technology and client engagement, the company offers a rewarding environment for those looking to make a significant impact in the B2B IT sector.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Administrator in North East
✨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 Spear-heads. 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 Finance Administrator in North East
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 Spear-heads.
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 Spear-heads'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 Spear-heads
✨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 Spear-heads.
✨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 Spear-heads 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 Spear-heads 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.
