Finance Assistant - Reed : Job Details

Finance Assistant

Cambridge (hybrid)

£25,000-£30,000 per annum

We are working with a centrally based investment company who are looking for a career focused Finance Assistant to join their team. This role is crucial for managing day-to-day accountancy transactions, focusing on Purchase Ledger and Banking for all funds and corporate entities. This position is ideal for individuals at the beginning of their finance career or those looking to advance and gain substantial experience in an investment environment. Study support for AAT, CIMA, or ACCA will be provided.

• Purchase Ledger & Payments:
  • Code and enter purchase invoices, company credit card statements ensuring approval level sign-off, and maintain filing.
  • Prepare supplier payment runs and process payments.
  • Make decisions regarding the payment of management fees on a quarterly basis.
• Banking:
  • Maintain banks for all entities in the group by regularly posting and coding bank payments and receipts and checking quarterly bank charges.
  • Conduct monthly bank reconciliations.
• Fund Accounting Support:
  • Validate key investment details and ensure adherence to finance investment processes.
  • Manage distribution payments to investors through Barclays Business Banking systems.
  • Assist with investment drawdowns and follow up on late payments.
  • Collate documentation for recharges to Portfolio Companies and Funds.
• Corporate Accounts Support:
  • Create sales invoices and reconcile the Nominal Accounts quarterly.
  • Update cash balances in the Cash Model.
  • Monitor and place Treasury Deposits.

• Minimum A-level qualified or equivalent, ideally studying for AAT/ACCA/CIMA.
• High level of attention to detail and an excellent understanding of numbers.
• Strong grasp of Microsoft Office, particularly Excel, and IT systems - prior knowledge of finance systems like Sage Line 50 beneficial.
• Motivated to learn and develop a finance career – able to quickly absorb new, often complex numerical information.
• Excellent communication skills, both written and verbal .
• Highly organised, able to multi-task and manage various tasks simultaneously.
• Friendly, personable, and able to build relationships at all levels.
• Ideally, prior experience working in an office environment or finance team.
• An interest in technology and understanding of the business.

This is an exceptional opportunity to join a leader in their field. You will join a high performing, friendly and supportive team, working in pleasant city centre offices. Full study support and excellent career progression is very much available and encouraged.

Please apply now for more information