Consumer Additions are currently partnering with a premium SME fashion business, to recruit a finance assistant in to their team in London.
Key Responsibilities:
- Manage AP by processing supplier invoices, coding transactions, and posting them to Xero.
- Reconcile supplier statements and ensure timely payments, including posting related transactions to the bank.
- Liaise with suppliers to resolve invoice-related queries and discrepancies.
- Post supplier payments to the bank system and Xero, ensuring accurate reflection of expenses and balances.
- Manage AR by posting customer receipts into the bank system and Xero.
- Reconcile customer payments and handle remittance advice from clients.
- Chase outstanding receivables and follow up on customer queries related to payments.
- Ensure all AR bank postings are accurate and timely, matching payments to invoices.
- Reconcile bank accounts in multiple currencies (GBP, EUR, USD), ensuring accurate reflection of both AP and AR transactions.
- Process daily bank postings for both incoming (AR) and outgoing (AP) payments, ensuring financial accuracy and integrity.
- Perform monthly bank reconciliations, matching posted transactions with the general ledger.
- Support month-end with accruals, prepayments and supplier reconciliation
- Process employee expenses, Business Credit Card and reconcile petty cash transactions.
- Maintain accurate records of invoices and receipts in digital and physical formats.
- Assist with general finance tasks such as preparing supplier statements and managing payment schedules.
- Support the FC in the annual audit process as required.
- Work with the FC to establish and implement a robust cost management and reporting process for cost centre owners.
- Actively drive process improvements to improve process efficiencies.
- Support a potential upcoming new ERP / accounting system integration as required.
- Support FC with ad-hoc queries.
Key Requirements:
- 1-3 years of relevant industry experience in a similar role is required.
- Comfortable with managing the transactional side of company accounts and knowledge of accounts payable / receivable principles.
- In-depth analytical skills, exceptional diligence and attention to detail are critical to be able to succeed in this role.
- Proficient Excel and good working knowledge of accounting and ERP software is required | knowledge of Xero, BrightPearl is a bonus.
Thank you for your application. Due to the high number of applications we are, unfortunately, not able to provide individual feedback to every candidate at this stage of the process. If your application is successful however, you should be hearing from us in due course.
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