Accounts Assistant

https://www.equationrecruitment.com/job-search/1803-accounts-assistant/accountancy-and-finance/london/job2025-03-27 08:01:312025-04-23 Equation Recruitment
Job Type Permanent Full Time
Location Finchley
Area London, England London England Finchley
Sector Accountancy and Finance
Salary 30-35k
Start Date
Telephone 01869629850
Job Ref AA2025
Job Views 25
Description

Job Title:  Accounts Assistant
Working Hours: Monday to Friday, 9:00 AM to 5:30 PM (37.5 hours per week, including a 1-hour lunch break)
Salary Details: £30,000 - £35,000 per annum, commensurate with experience

Our client is a distinguished family-owned firm specialising in comprehensive insurance brokerage and financial advisory services. With a legacy of over 70 years, the company has been dedicated to delivering tailored insurance solutions and financial guidance to a diverse clientele. Their ethos centres on a personal, hands-on approach, ensuring that each client receives exceptional service and advice. We pride ourselves on our attention to detail and commitment to managing insurance costs effectively.Our client values professionalism, integrity, and a collaborative spirit, making it an ideal environment for individuals who are detail-oriented, proactive, and passionate about providing outstanding client service.

Job Description

Summary

The Accounts Assistant will play a crucial role in supporting the financial operations of our client. This position requires a detail-oriented professional with a strong understanding of credit control and reconciliations, who is responsible for maintaining accurate financial records and ensuring efficient processing of financial transactions.

Key Responsibilities

Financial Record keeping:

  • Maintain accurate and up-to-date financial records, including accounts payable and accounts receivable.
  • Record and reconcile financial transactions in the general ledger.

Bank Reconciliation:

  • Perform complex bank reconciliations to verify the accuracy of financial data.
  • Investigate and resolve discrepancies promptly.

Accounts Payable:

  • Manage accounts payable processes, including insurer and partner invoice verification, coding, and payment processing.
  • Maintain relationships with insurers and partners, addressing payment enquiries as they arise.

Accounts Receivable & Credit Control:

  • Assist with accounts receivable functions, including invoice generation, client communications, and payment tracking.
  • Follow up on overdue accounts and coordinate collection efforts.
  • Implement strong credit control processes to manage client payments efficiently.
  • Chase clients and insurers for payments outside standard credit terms.

Premium Finance:

  • Process instalment facilities with premium finance providers.
  • Ensure compliance with financing terms and assist clients with finance-related queries.

Quality Assurance:

  • Conduct peer quality checks on documentation and files to minimise errors and ensure accuracy.
  • Implement continuous improvement measures to enhance efficiency.

Other Duties:

  • Undertake additional tasks as required by the evolving needs of the business and as directed by the line manager.

Experience, Qualifications, and Personal Attributes

Essential:

  • Proven experience in credit control and reconciliations.
  • Knowledge of accounting principles and financial processes.
  • Proficiency in accounting software and Microsoft Office Suite.
  • Attention to detail and a high degree of accuracy in financial record keeping.
  • Excellent organisational and time management skills.
  • Strong communication and interpersonal abilities.
  • Commitment to ethical financial practices and compliance with industry standards.

Ideal:

  • Previous experience in the insurance or financial services industry.
  • Familiarity with premium finance processes.
  • Ability to work independently and as part of a team.
  • Proactive approach to problem-solving and process improvement.

Recruitment Process

Candidates will initially be screened by Equation Recruitment. Successful applicants will be submitted to our client  for consideration. The recruitment process may include interviews, assessments, and reference checks. Further details will be provided to shortlisted candidates.

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