Finance Assistant Level 5
Finance Assistant Level 5
Posted on :
05-02-2025
Employer Active
1 Vacancy
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Job Description
12 months contract with a Local Authority
Job Summary:
The Reconciliation Officer will ensure the accuracy and integrity of financial records by reconciling accounts investigating discrepancies and ensuring compliance with council financial policies.
This role requires strong numerical and analytical skills to understand debits credits and financial data but no formal accounting qualification is required.
Key Duties/Accountabilities (Sample):
1. Account Reconciliation:
Reconcile council accounts including bank control and suspense accounts.
Identify and resolve discrepancies to maintain accurate records.
Ensure timely clearance of suspense accounts and proper allocation of transactions.
2. Data Accuracy and Maintenance:
Maintain clear accurate and uptodate financial records.
Support monthend and yearend reconciliation processes by preparing required reports.
3. Debit and Credit Management:
Understand and apply debit and credit principles to financial transactions.
Monitor and resolve errors in account entries ensuring financial accuracy.
4. Reporting and Documentation:
Prepare and submit reconciliation reports for management review.
Document processes and maintain records to support audit requirements.
5. Communication and Collaboration:
Liaise with internal teams such as accounts payable and treasury to resolve queries and ensure data consistency.
Provide clear explanations of reconciliation outcomes to relevant stakeholders.
6. Compliance and Standards:
Ensure reconciliation practices align with council policies and relevant regulations.
Support internal and external audits by providing required documentation.
7. Continuous Improvement:
Identify opportunities to streamline reconciliation processes and enhance efficiency.
Contribute to the development of best practices within the finance team.
Skills/Experience:
Experience in reconciling financial accounts or working with financial data (desirable but not essential).
Excellent understanding of debit and credit principles and their application.
Proficiency in Microsoft Excel (e.g. formulas sorting and basic data analysis).
Strong numerical and analytical skills with high attention to detail.
Ability to communicate effectively both written and verbal with stakeholders at all levels.
Logical thinker with strong problemsolving skills.
Organised and able to manage multiple tasks and deadlines.
Proactive approach with a focus on accuracy and efficiency.
Willingness to learn and adapt to new systems and processes.
Additional Information:
The closing date: 10/02/2025 @17:00.
Hybrid conditions: 2 days/week from the office 3 days/week WFH.
Experience in reconciling financial accounts or working with financial data (desirable but not essential). Excellent understanding of debit and credit principles and their application. Proficiency in Microsoft Excel (e.g., formulas, sorting, and basic data analysis). Strong numerical and analytical skills, with high attention to detail. Ability to communicate effectively, both written and verbal, with stakeholders at all levels. Logical thinker with strong problem-solving skills. Organised and able to manage multiple tasks and deadlines. Proactive approach with a focus on accuracy and efficiency. Willingness to learn and adapt to new systems and processes.
Education
Investigation qualification such as CIPFA Investigative Practice, PINS, FOCUS, BTEC or equivalent.
Employment Type
Full Time
Key Skills
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