Finance Officer

4 weeks ago


Remote, United Kingdom Faculty of Medical Leadership & Mangement Full time

**Finance Officer**
**Job Description and Requirements**

**Job title**:Finance Officer

**Reports to**:Associate Director of Finance

**Direct reports**:N/A
**Works closely All members of the FMLM team with**:
**Role purpose **The role of the Finance Officer involves providing financial support to the
**and scope**:Associate Director of Finance, colleagues and external clients and stakeholders.

The Finance Officer will be expected to assist in the financial processing, accounting and reporting for the FMLM group (Charity and Company: FMLM
Applied). The post holder will be expected to be a central point of contact for financial and accounting enquiries, working as part of the FMLM Finance
Team.

The FMLM team is small but highly effective and the post holder will be a pivotal member, contributing to the overall success of the organisation.

**Job description: Core role responsibilities**:

- Assisting with management accounts and regular forecasts preparation for budget holders.
- Overseeing nominal ledger, sales ledger, purchase ledger, journal entry postings.
- Responsible for bank and cash transactions, direct debits including reconciliation of all bank accounts, credit cards and PayPal account..
- responsible for payroll control account reconciliation and processing pensions (payroll is outsourced)...
- Ensure credit control management and supplier statement reconciliation.
- Schedule and undertake regular payment runs.
- Responsible for month end close and assisting with accruals and prepayments entries.
- Assisting with budgeting and year end.
- Assisting with VAT calculations and returns.
- Maintaining the fixed asset register and depreciation calculations
- Processing intercompany transactions.
- Assisting with providing accurate, timely financial information for external auditors.
- Prepare income, expenses and cashflow analysis

**Job Description**:
Review Date:

- Assisting with preparing costings for programmes and events
- Assisting with financial administrative tasks including acting as minute-taker for finance committees and meetings.

**General responsibilities**:

- Quality assuring financial data and information management, ensuring accurate financial coding and record keeping at all times.
- Improving and exploring the use of different functionalities of finance

IT systems to improve the recording, processing and use of financial information.
- Building and maintaining effective relationships with the internal team and external customers and stakeholders (e.g. suppliers and contractors).
- Act as the first point of contact for investigating and resolving invoicing and payment queries.
- Engaging with suppliers and colleagues to ensure invoices received, submitted and processed in a timely manner, and to quality standards, escalating any risks to income.
- Assist with maintaining financial policies, processes and systems used, supporting the wider team with interpretation and understanding, as well as undertaking regular quality checks and improvements.

This role will require the following as standard, as and when applicable:

- Occasionally, perform any other duties appropriate to the role as reasonably required.
- Seek to minimise environmental impact in the performance of the role and promote environmental sustainability within area of responsibility.
- Comply with the Equality Act 2010, eliminating unlawful discrimination, advancing equality of opportunity and fostering good relations with particular attention to the protected characteristics.

Job Description: Finance Officer
Review Date: 2023

2

**Requirements**:
**Skills and experience Essential Desirable**
**Education & qualifications**
Educated to degree level or equivalent experience
Part qualified ACCA/CIMA/ACA or AAT level 4 equivalent
**Experience**
Five years of relevant financial and accounting experience
Experience of working in the charity sector
Experience of working in an education, professional membership organisation
Experience of supporting external audits
Experience of data analysis and reporting
**Organisation and planning**
Strong attention to detail and ability to undertake quality checks
Can deliver to tight and/or unforeseen deadlines
Demonstrable organisational and scheduling skills with an emphasis on forward planning capabilities

Good understanding of financial planning and delivery cycles
Ability to improve processes and systems to ensure efficiency and effectiveness

**IT**
Proficient in Zahara, Wise, Xero
Demonstrable IT skills, specifically Microsoft Excel, Word
Able to utilise online learning systems, platforms and CRM databases
**Communications**
Ability to communicate effectively, verbally/in writing with a range of stakeholders - taking note of actions and decisions accurately.

Experience of building effective working and interpersonal relationships within teams

Professional approach to communicating sensitive information
Experience of creating and maintaining written processes and protocols
**


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