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Finance Assistant
Job Posted: 4 hours ago
Salary: £ 26,000 - 28,000 / Annum
Job Type: Permanent
Location: Loughborough
Expire in: a month
Job Description
Finance Assistant
Location: Loughborough
£26,000 - £28,000 per annum (DOE)
Full-time, Permanent
About the Role:
We are seeking a detail-oriented and proactive Finance Assistant to join our clients Finance team. This role offers a dynamic opportunity to manage key accounting functions and support process improvements. You will work closely with the Financial Controller and cross-functional teams to ensure accuracy, compliance, and efficiency in all financial transactions.
Key Responsibilities:
Accounts Receivable:
- Maintain accurate customer master data.
- Produce and send customer statements of account.
- Ensure correct maintenance of customer ledger accounts.
- Perform advance payment reclassifications.
- Execute effective debt collection and dunning processes.
- Manage customer disputes professionally.
- Conduct credit control activities and assessments.
- Prepare group reporting on trade receivables.
- Calculate individual bad debt provisions and IFRS 9 requirements.
- Complete month-end closing tasks within Group deadlines.
- Assist with audits relating to accounts receivable.
Accounts Payable:
- Process incoming vendor invoices accurately and timely.
- Maintain up-to-date vendor master data.
- Set up and manage bank payments.
Internal Projects:
- Participate in initiatives aimed at improving KPIs such as DPO and DSO.
- Drive enhancements to credit control processes and SAP system setup.
General & Administrative Support:
- Support the Finance team and Financial Controller in daily operations and process improvement initiatives.
- Perform other ad hoc finance tasks as required.
- Adhere to company policies, health & safety guidelines, and core values.
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