Financial Services Specialist

17 hours ago


London, Greater London, United Kingdom Id Product Full time
Job Summary

We are seeking an experienced Financial Services Specialist to join our team at Id Product, a well-respected national charity. The successful candidate will be responsible for managing financial transactions, ensuring compliance with relevant laws and regulations, and providing administrative support to the Finance & Governance Manager.

Key Responsibilities
  • Process supplier invoices and input payment runs on CAF Bank Online in a timely manner.
  • Credit control; monitoring accounts receivable and following up on overdue payments from customers.
  • Setting up bank payments on CAF Bank.
  • Monitoring the Finance inbox and acting as the point of contact for enquiries regarding invoices, suppliers, insurance, and staff expenses.
  • Support the review of existing expense policies and procedures, identifying areas for improvement and suggesting changes as needed.
  • Reconcile payroll reports, including pension contributions.
  • Review monthly bank reconciliations for all bank accounts, including identification of discrepancies between bank statements and accounting records.
  • Ensure compliance with relevant laws, organisational policies, and regulations on expense management.
  • Support the Finance & Governance Manager to ensure that all financial reporting obligations are met in relation to submissions for funding, grant aid, contracts, and any other initiatives.
  • Assist with preparing and monitoring budgets and cashflow forecasts for the organisation and individual projects.
  • Collaborate with and support other departments to ensure accurate recording and reporting of financial transactions.
  • Assist in preparing audit working papers for year-end annual reports and accounts.
  • Deputise for the Finance & Governance Manager when on leave or absent.
Requirements
  1. Well evidenced financial skills.
  2. Understanding of the pre and post requirements for funding, fundraising, bids, grants, contracts, competitive tendering, monitoring, and compliance.
  3. AAT Accounting Qualification (Desirable).
Benefits

The successful candidate can expect a salary of up to £40,000 per annum, based on location and experience. As a member of our team, you will have access to ongoing training and development opportunities, flexible working arrangements, and a comprehensive benefits package.



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