Finance Assistant

Location

Benwell, Tyne and Wear | United Kingdom

Job description

The Hospital of St Mary the Virgin Almshouse is seeking a skilled Finance Assistant to join our team; this is a fantastic new opportunity for a dedicated Finance Assistant to contribute to the financial health and success of our charitable organization while making a positive impact on the lives of our residents.
The Finance Assistant will work alongside the Manager and be responsible for managing all aspects of the Charity's bookkeeping, financial reporting, and assisting with year-end audit preparations. The ideal candidate will have a strong working knowledge of Sage Accounts and Microsoft Office. We can offer flexibility over the days you work around your existing commitments.
If you meet the requirements and are interested in joining our team, please submit your CV and covering letter. We look forward to hearing from you!
Responsibilities:
1. Debtors Ledger Management:
• Record weekly Maintenance Contributions for 59 units.
• Record Weekly Utilities Contributions for 59 units.
• Collect amounts due, including cash and STO payments.
• Record all transactions onto residents’ payment cards.
• Control and manage debt, including chasing outstanding debts.
• Report outstanding debtors monthly to the Manager.
2. Creditors Ledger Management:
• Record incoming invoices for payment.
• Ensure timely settlement of invoices.
• Control and manage credit ledger.
• Report creditors due monthly to Manager.
3. Nominal Ledger Maintenance:
• Record bank and petty cash transactions.
• Perform monthly bank reconciliation.
• Record investment transactions.
• Perform monthly investment reconciliation.
• Regularly review Nominal Ledger balances and Trial Balance.
4. Financial Reporting:
• Prepare annual budgets in consultation with Manager and Trustees.
• Prepare quarterly budget vs actual reports for presentation to Trustees.
• Prepare monthly financial reports as required by Finance sub-committee.
5. Year-End Audit Preparation:
• Prepare nominal reconciliations, trial balance, and draft P&L account.
• Reconcile debtors control account and voids reconciliation.
• Prepare year-end salaries control account.
• Maintain Fixed Asset register.
• Manage investment control account.
Requirements:
• Previous experience in a similar finance role.
• Proficiency in Sage Accounts, Microsoft Excel, and Word.
• Strong organizational and time-management skills.
• Attention to detail and accuracy in data entry.
• Ability to work independently and as part of a team.
• Excellent communication and interpersonal skills.
• Understanding of financial principles and regulations.
• Relevant qualifications in finance or accounting preferred.

Job tags

Salary

£16 per hour