The Passage Hiring for Finance Officer Job at City of Westminster, England Full Time

We have an exciting opportunity for a motivated Finance Officer to join our team based in London. You will join us on a full time, permanent basis and in return, you will receive a competitive salary of £31,014 – £32,674 (Scale Point Range 22-24).

About the Finance Officer role:

As our Finance Officer, you will support the Finance Manager in all financial operations within The Passage. To maintain sales ledger, to reconcile bank and cash accounts, payroll and pension accounts. You will also support the accounting function of the subsidiary companies.

Assisting the Finance Manager you will review and analyse financial reports such as monthly management accounts and to meet with budget holders to discuss the variances. To help the Finance Manager with the accounts preparation for the external audit and provide cover for the Finance Assistant.

Key responsibilities of our Finance Officer will include:

• Reviewing information on residency from residential projects and post charges for rents and services charges to individual debtor accounts
• Reviewing receipts from housing benefit and residents and post them to the sales ledger
• Reconciling the YORDEX prepayment account to make sure all the expenses are recorded correctly and approved by line managers
• Preparing month end reconciliations for bank and petty cash accounts to bank statements and to cash counted.
• Managing payroll records and payroll processing as and when required particularly in relation to sickness and absence records, payroll, pension arrangements, payments for benefits in kind, etc.
• Preparing payroll for the Finance Manager’s review and approval.
• Drawing up initial month end accounts report
• Producing commentary on variances for review by the Finance Manager
• Keeping detailed record of work carried out. Ensure that there is an easy route for the Finance Manager to check work carried out in each area. Complete control sheet for jobs completed.

Our ideal Finance Officer will have the following experience and knowledge which will need to be demonstrated on the application form:

Experience

• Experience within a Finance function of at least two of the principal areas of the job description
• Use of Microsoft Office programs Word and Excel
• Experience of working on a computerised finance system
• Previous use of QuickBooks

Knowledge

• Good understanding of the principles of double entry bookkeeping.
• Understanding of the principles of reconciling accounting balances to supporting information, such as bank statements, cash counts, debtors’ listings, etc.
• Knowledge or formal training in bookkeeping and finance work, for example, qualification or part qualification as an accounting technician would be desirable.

Closing date: 6th June 2022
Interview date: 14th June 2022

Please note for this role a CV will not be accepted.

If you would like to join us in the role of Finance Officer, please click ‘apply’ now – we would love to hear from you!