Finance Associate

3 weeks ago


Hereford, Herefordshire, United Kingdom Hoople Recruitment Ltd Full time

Contract Type: Permanent

Working Hours: 24 hours per week

Salary: Approximately £32,000 per annum pro rata (dependent on experience)

DBS Requirement: Enhanced DBS

Reporting Structure: Reports to the CEO

We are looking for a detail-oriented and skilled Finance Associate with a robust understanding of financial principles and practices to join our dedicated team at Hoople Recruitment Ltd. The successful candidate will be instrumental in ensuring precise financial documentation, overseeing financial and payroll systems, and providing vital assistance to the Executive Officers.

KEY RESPONSIBILITIES:

Financial Reporting:

  • Oversee and prepare monthly financial reports, including cash flow statements, profit & loss accounts, balance sheets, and bank reconciliations.
  • Ensure that monthly management accounts accurately reflect both restricted and unrestricted income, expenditures, and reserves.

Accounts Receivable:

  • Manage and process monthly client invoices and bank receipts for the sales ledger.
  • Maintain effective credit control to ensure timely payments, addressing any account-related queries with clients and colleagues.

Accounts Payable:

  • Handle and process monthly purchase ledger invoices and related BACS payments.

Payroll Management:

  • Process and submit monthly payroll data in compliance with current regulations.
  • Manage the monthly auto-enrollment pension scheme.
  • Ensure timely submission of monthly HMRC payments.
  • Prepare year-end regulatory documentation.

Budget Oversight:

  • Actively engage in budget management and reporting, contributing to the annual financial planning process, and providing quarterly and ad hoc forecasts.
  • Develop accurate budgets for new funding proposals.

Annual Financial Statements:

  • Collaborate with auditors to prepare Annual Statements of Financial Activity (SOFA) and balance sheets in line with the charity's Statement of Recommended Practice (SORP), ensuring timely and accurate submissions.
  • Maintain schedules for depreciation, prepayments, accruals, and deferred income, posting monthly journals as necessary.
  • Manage the Fixed Assets Register effectively.

Ad Hoc Financial Reporting:

  • Generate special reports as requested by the CEO and Board, providing essential financial insights to support strategic decision-making.

Gift Aid Management:

  • Develop and oversee ongoing Gift Aid donation reclaims, ensuring compliance with current legislation.

Financial Policies:

  • Establish and maintain financial policies.

CANDIDATE REQUIREMENTS:

  • A minimum of AAT Level 3 qualification or equivalent.
  • At least 3 years of experience in a finance role utilizing accounting software.
  • Proficient in Microsoft Office Suite (Excel, Word, Outlook).
  • Exceptional attention to detail and accuracy in financial record-keeping.
  • Strong organizational and time management skills.
  • Ability to work independently and prioritize tasks effectively to meet deadlines.
  • Commitment to confidentiality.


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