A Finance Administrator in London plays a crucial role in ensuring the smooth and efficient operation of a company’s financial activities. This role typically involves a blend of administrative tasks and basic accounting duties, acting as a support function to the finance team and broader organization.
Key responsibilities can vary depending on the size and nature of the London-based company, but some common tasks include:
- Processing invoices and payments: This involves receiving, coding, and processing supplier invoices, ensuring accuracy and timely payment. They may also handle employee expense claims, checking for adherence to company policy and processing reimbursements.
- Managing accounts payable and receivable: This includes maintaining accurate records of outstanding invoices and payments, chasing overdue payments from customers, and reconciling supplier statements.
- Bank reconciliations: Regularly reconciling bank statements with internal records to identify and resolve any discrepancies.
- Data entry and record keeping: Accurately inputting financial data into accounting systems (e.g., Sage, Xero, QuickBooks) and maintaining organized records of financial transactions.
- Preparing financial reports: Assisting in the preparation of basic financial reports, such as profit and loss statements, balance sheets, and cash flow statements, under the guidance of senior finance staff.
- Budget monitoring: Supporting the budget management process by tracking expenditures against budgets and identifying potential variances.
- Dealing with queries: Responding to internal and external queries regarding invoices, payments, and other financial matters.
- General administrative support: Providing general administrative support to the finance team, such as filing, photocopying, and handling correspondence.
In London’s competitive job market, a Finance Administrator often requires a solid understanding of basic accounting principles and strong numeracy skills. Proficiency in accounting software is essential, and candidates are typically expected to have excellent attention to detail, strong organizational skills, and the ability to work independently and as part of a team.
Salaries for Finance Administrators in London can vary depending on experience, qualifications, and the size and sector of the company. Entry-level positions typically offer competitive salaries, with opportunities for career progression to more senior accounting roles, such as Assistant Accountant or Finance Officer, with further training and experience.
Working as a Finance Administrator in London offers a valuable entry point into the finance industry, providing opportunities to gain practical experience and develop essential skills for a successful career in accounting or finance. The role requires a proactive approach, strong communication skills, and the ability to adapt to the fast-paced environment of a London-based business.
661×600 finance london business school from www.london.edu 
686×621 advertfinance administrator regain trust from www.regain-trust.org 
2688×1739 london finance academy from onenhsfinance.nhs.uk 
450×350 finance administrator bennie group from www.bennie.co.uk 
661×423 london capital finance administrator update summary jan from damn-lies-and-statistics.blogspot.com 
1280×720 finance analyst london fm recruitment hospitality finance from fmrecruitment.co.uk 
640×480 finance administrator commons credit portalorg from commons-credit-portal.org 
1600×800 london financial bank wealth management financial services from londonfinancial.com 
704×528 explore finance roles financial administrator career excel from dashboardsexcel.com 
1024×343 finance administrator careers guide from www.youthemployment.org.uk 
474×355 meet project finance administrator centre thriving places from www.centreforthrivingplaces.org 
1200×792 finance administration from springbrooksoftware.com 
1600×1035 london financial bank careers from londonfinancial.com 
1200×630 london finance worker reveals spends month from www.mylondon.news 
4200×2800 financial administrator from ijobs.co.za 
792×1024 careers accounting qualifications roles jobs from www.careersatcouncil.com.au 
766×1080 financial administrator hiring booklet nala from www.nala.ie 
968×993 london financial from www.worldfinancialaward.com 
1400×748 london financial bank from londonfinancial.com 
640×360 financial administrator reedcouk from www.reed.co.uk 
1024×576 property finance broker stands london mayor from www.bbc.com 
1200×628 london financial advisor price comparison save instant quotes from www.londonnet.co.uk 
3840×2160 london investment manager office fit case study oktra from www.oktra.co.uk 
900×606 ngo recruitment finance manager administration ngo recruitment from ngorecruitment.com 
