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Senior Finance Assistant

We are seeking an experienced and detail-oriented Senior Finance Assistant to join our Finance team in Westbury. This role is crucial in supporting the Head of Finance with day-to-day financial operations and ensuring all accounting functions are delivered with accuracy, compliance, and efficiency. The successful candidate will also act as a deputy for the Head of Finance when required, offering both leadership and operational support.

Key Responsibilities

Financial Operations & Reconciliations

  • Perform accurate balance sheet reconciliations, including bank reconciliations
  • Manage intercompany transactions and ensure compliant cross-charging between subsidiaries
  • Maintain up-to-date and accurate cashbooks
  • Support and contribute to cash flow forecasting
  • Maintain the fixed asset register and account for depreciation
  • Manage accruals and prepayment schedules
  • Approve purchase orders and receipts in line with company policy

Payroll & Expense Management

  • Process company payrolls, ensuring precision and compliance with all statutory obligations
  • Review and approve expenses and purchase orders in accordance with policy

Management Reporting & Data Analysis

  • Provide financial insights and data to support decision-making and reporting
  • Ensure timely, accurate delivery of financial reports to senior management

Invoice Factoring

  • Manage invoice factoring processes to support smooth cash flow and accurate reconciliation

Process Improvement & Compliance

  • Identify and implement improvements across the finance function
  • Ensure compliance with accounting standards, financial regulations, and internal policies

Team Support

  • Offer ongoing support to the wider finance team
  • Conduct AR reviews and oversee cash collection targets
  • Accounting qualification accredited by a recognized Accounting Accreditation Committee
  • Minimum 3 years’ experience as a Senior Finance or General Ledger Accountant
  • Experience within a multinational enterprise
  • Advanced Excel and ERP system proficiency (Microsoft Office 365)
  • Payroll experience preferred

Skills & Competencies

  • In-depth knowledge of bookkeeping, accounting standards, laws, and practices
  • Strong analytical and problem-solving skills
  • Proven ability to support both leadership and finance team operations
  • Sound understanding of financial statistics, UK and international VAT
  • High attention to detail and accuracy
  • Be part of a collaborative and supportive team where your contributions make a difference.
  • Enjoy the flexibility of hybrid working.
  • Gain valuable experience and grow your career in a fast-paced environment.
  • Work in a role where every day brings a new challenge and opportunity.
  • Salary up to £38,000
  • 25 days holiday (increase each year by 1 day on your anniversary)

Average salary estimate

$38000 / YEARLY (est.)
min
max
$38000K
$38000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Finance Assistant, Empowering Tech

Are you ready to take the next step in your finance career? We are seeking a highly skilled Senior Finance Assistant to join our dynamic finance team at a prestigious company in Westbury. In this exciting role, you'll play a crucial part in supporting the Head of Finance by managing a variety of financial operations that are essential for our company's success. You'll be entrusted with key responsibilities such as performing accurate balance sheet reconciliations, managing intercompany transactions, and maintaining meticulous cashbooks. Your expertise will also contribute to important functions like payroll processing and managing expenses, ensuring compliance with all statutory obligations. Beyond the core tasks, you’ll provide valuable financial insights to senior management, helping shape decision-making processes. A significant aspect of this position is to identify and implement process improvements and ensure compliance with accounting standards. Working closely with the finance team, you’ll support ongoing operations and help ensure that we meet our cash collection targets while enjoying a collaborative work environment. With a competitive salary of up to £38,000 and the flexibility of hybrid working, this is a fantastic opportunity to grow your career while enjoying a healthy work-life balance. If you're an experienced finance professional with strong analytical abilities and a passion for excellence, we would love for you to be part of our team where every contribution matters and new challenges await each day.

Frequently Asked Questions (FAQs) for Senior Finance Assistant Role at Empowering Tech
What are the primary responsibilities of a Senior Finance Assistant at the company?

As a Senior Finance Assistant, your primary responsibilities will include managing financial operations such as balance sheet reconciliations, payroll processing, expense management, and ensuring compliance with accounting standards. You will also support the Head of Finance in providing financial insights for decision-making and improving operational processes.

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What qualifications are required for the Senior Finance Assistant position?

To qualify for the Senior Finance Assistant role, candidates must possess an accredited accounting qualification and have a minimum of 3 years of experience in a finance-related role, preferably as a Senior Finance or General Ledger Accountant within a multinational enterprise. Advanced Excel skills and familiarity with ERP systems are also essential.

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What is the salary range for the Senior Finance Assistant job?

The salary for the Senior Finance Assistant position is competitive, with a maximum of up to £38,000, reflective of your skills and experience in the finance sector.

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Is payroll experience necessary for the Senior Finance Assistant role?

While payroll experience is preferred for the Senior Finance Assistant position, it is not strictly mandatory. However, a strong understanding of payroll processes and compliance will certainly enhance your application.

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What benefits come with the Senior Finance Assistant position at the company?

In addition to a competitive salary, the Senior Finance Assistant role offers a generous 25 days of holiday with an annual increase, hybrid working options for better work-life balance, and opportunities for professional growth in a fast-paced and supportive environment.

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Common Interview Questions for Senior Finance Assistant
Can you describe your experience with balance sheet reconciliations?

In your response, focus on outlining your hands-on experience with balance sheet reconciliations, mentioning the tools you've used and any specific instances where your reconciliations led to important findings or improvements.

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How do you ensure compliance with accounting standards in your work?

Discuss your knowledge of current accounting standards and regulations, and provide examples of how you've implemented these standards in your previous roles to ensure financial accuracy and compliance.

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What strategies do you use for cash flow forecasting?

Highlight your experience in cash flow forecasting by discussing the methods you utilize, data sources you consult, and how you analyze trends to create accurate forecasts that support business operations.

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How do you handle intercompany transactions?

Describe your approach to managing intercompany transactions, focusing on ensuring compliance within cross-charging, and how you maintain records and streamline processes to prevent errors.

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Can you explain how you process payroll accurately?

In your answer, detail the steps you take when processing payroll, including data validation, compliance with statutory obligations, and any payroll systems you've utilized effectively.

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What experience do you have with ERP systems?

Share your experience with various ERP systems you have used in previous roles, emphasizing your proficiency in utilizing these systems for financial reporting and analysis.

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How do you approach developing financial reports for senior management?

Discuss your process for compiling financial reports, including the types of data you incorporate, how you ensure accuracy, and the visual tools you might use to present this information effectively.

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What steps do you take to improve finance processes?

Speak to specific examples of process improvements you've identified and executed in past positions, detailing the techniques or methodologies used to enhance efficiency and compliance.

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How do you prioritize your tasks when handling multiple financial responsibilities?

Explain your time management skills and how you prioritize tasks based on deadlines and importance, perhaps mentioning specific tools or techniques you use to stay organized.

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What do you see as the biggest challenges facing the finance team in a multinational enterprise?

In your response, discuss potential challenges such as compliance with various regulations, currency fluctuations, or communication issues within diverse teams and how you believe these can be effectively managed.

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EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
April 12, 2025

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