Finance Specialist

3 weeks ago


Par, Cornwall, United Kingdom ValueMentor Full time

About ValueMentor

ValueMentor is a dynamic and growing organization dedicated to providing exceptional services in the [Industry] sector. We are committed to fostering a collaborative and innovative work environment where talented individuals can thrive.

Job Summary

We are seeking a highly motivated and detail-oriented Finance Specialist to join our team. In this role, you will play a crucial part in ensuring the smooth operation of our financial processes, particularly in the areas of cost management, accounts payable, and vendor relations.

Key Responsibilities

  • Manage the procurement process by issuing purchase orders in accordance with company guidelines and procedures.
  • Review vendor invoices meticulously for accuracy, completeness, and compliance with approved expenditures before processing payments.
  • Maintain accurate financial records by entering invoice and general ledger data into our accounting system.
  • Process staff cost bonuses and benefits entries within the accounting system.
  • Coordinate payment processing through bank applications or by issuing checks, ensuring adherence to purchase orders and vendor agreements.
  • Oversee the entire accounts payable cycle, including receiving, verifying, processing expenses from vendors, and recording transactions in the accounting system.
  • Reconcile vendor statements with internal records, resolving discrepancies promptly and maintaining accurate documentation.
  • Monitor cash flow requirements to ensure timely payments to vendors and suppliers.
  • Prepare comprehensive accounts payable reports, including aging reports, payment schedules, and other financial statements related to payables.
  • Develop and maintain organized records of all accounts payable transactions, correspondence, and supporting documentation.
  • Serve as the primary point of contact for vendor inquiries, resolving disputes effectively and fostering positive relationships with vendors.
  • Track and manage petty cash imprest/advances paid to staff, ensuring timely closure and reconciliation.
  • Collaborate with the receivable accountant to compute anticipated expenses, obtain approvals, and share relevant information.
  • Process employee reimbursement expenses, ensuring all expenses are properly documented and approved according to company policies and procedures.
  • Conduct analytical reviews of accounts payable data and provide insights to management regarding the effectiveness of the function.
  • Prepare monthly cost dashboards for each entity, highlighting key cost lines and expenditures incurred during the month.
  • Assist the Finance Manager in preparing monthly/quarterly financial results for management review.
  • Ensure strict adherence to financial and accounting policies and operating procedures established by the company.
  • Support the Finance Manager in timely closure of all audits (e.g., statutory, internal, and tax audits).
  • Contribute to a positive and collaborative work environment within the Finance team and across departments.


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