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Finance Officer

Ivy Rock Partners Ltd
Job LocationLondon
EducationNot Mentioned
Salary27,000 - 30,000 per annum, pro-rata
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent , full-time

Job Description

Ivy Rock are working with an exciting organisation based in the education sector. We are looking for a Finance Officer, ideally with Education sector experience, who will strengthen the Finance and Data team through effective processing and analysis.The roleType of role: Full-time, permanentReporting to: Finance ManagerAnnual Salary: £27,000 - £30,000 + BenefitsThis is a hands-on role in a growing organisation. You will lead on day-to-day processing of transactions, regular reconciliations and production and analysis of monthly management accounts to support effective decision making. You will support the FinanceManager and Director of Finance in ensuring effective financial control processes are in place and followed as well as supporting financial submissions to relevant bodies and providing information for the annual accounts.This role will suit someone who enjoys working as part of a small team and is happy to work on their own initiative.Key responsibilities of this role include, but are not limited to:

  • Processing of income and expenditure transactions, allocation to cost centres and cost codes and processing journals in the Xero accounting system;
  • Undertaking regular bank reconciliations including charge and credit cards transactions;
  • Ensuring purchase orders are raised for expenditure and ensuring they are appropriately approved and authorised;
  • Working with the Finance Manager and budget holders, ensure that budgets are effectively monitored and action taken as appropriate;
  • Produce monthly management accounts, including P & L, Balance Sheet and cashflow and provide analysis of key variances and financial performance for reporting to the Finance Committee and Board;
  • Be the main point of contact for finance queries including liaison with bankers, HMRC, payroll provider and other bodies;
  • Train staff on using the Purchase Order system and relevant parts of the Accounting system;
  • Support completion and submission of relevant financial returns to the ESFA and other funders;
  • Support on and provide information as required for the annual statutory accounts process.
  • The successful candidate will have the following essential qualities:
  • Experience of working in finance in an education establishment or the sector;
  • Experience in transaction processing and bank reconciliation processes, ideally using Xero or similar;
  • Understanding of financial processes and controls;
  • Ability to analyse financial information and explain variances in written and verbal form;
  • Ability to manage own workload and meet deadlines;
  • Able and willing to use own initiative to complete tasks
The successful candidate will have the following essential qualities: Experience of working in finance in an education establishment or the sector; Experience in transaction processing and bank reconciliation processes, ideally using Xero or similar; Understanding of financial processes and controls; Ability to analyse financial information and explain variances in written and verbal form; Ability to manage own workload and meet deadlines; Able and willing to use own initiative to complete tasks

Keyskills :
Financial InformationManagement AccountsTransaction Processing

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