Renfold Brands are looking for a Finance Assistant to support the Financial Controller and help run the day-to-day aspects of finance operations. This role will report to the Financial Controller.
Key Responsibilities:
Accounts Payable (AP)
* 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.
Accounts Receivable (AR)
* 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.
Bank Reconciliation:
* 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.
Month end
* Support month-end with accruals, prepayments and supplier reconciliation.
* Process employee expenses, Business Credit Card and reconcile petty cash transactions.
* Assist in preparing supplier payment reports and managing month-end reconciliations.
* 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.
Audit
* Support the FC in the annual audit process as required.
Systems and processes
* 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.
Candidate Requirements:
* 2-3 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.
Working with us:
We are a small but passionate team who love what we do you will need to be a self-starter, able to hit the ground running and always up for a challenge. We are looking for someone who isn't afraid of change and is happy to question the status quo. Someone who is confident and can work in a busy environment.
Other:
* Salary: £27,000 – £30,000 depending on experience
* Must have the legal right to work in the UK and be comfortable commuting to our Chiswick office in London
* Full-time with flexible start time (8-10am)
* 25 Days holiday
* Additional perks