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Finance Assistant

  • Location

    City of London, London

  • Sector:

    Accounting & Finance

  • Job type:


  • Salary:

    £25000 - £27000 per annum

  • Contact:

    Bethany Singer

  • Contact email:

  • Job ref:


  • Published:

    about 2 years ago

My Client, an investment firm based in the City of London are looking for a Fund Finance Assistant to join their busy finance team. As a Fund Finance Assistant you will act as a key member of the Infrastructure team contributing to the daily operational support and administration of nominated Funds and Group entities.

Job: Fund Finance Assistant

Key Accountabilities:

Timely and accurate processing of transactions across designated Fund entities to include:

  • Processing and posting of purchase invoices and payments;
  • Ensure all filing of Fund and project documents are done(Sales Invoices, Expense Invoices, Bank statements, Vat returns)
  • Raising and posting deal/ project related sales invoices and cash receipts;
  • Monitoring receivables and highlighting recoverability issues;
  • Assisting with the collection of outstanding receivables;
  • Timely updating of Revenue tracker documents by project - Assist with the process and checks for Fund Close and share allotments;
  • Resolving ad-hoc project queries;

Management of Fund/ Project Cash Balances to include:

  • Daily cash review to ensure sufficient cash for various payment commitments;
  • Performing regular bank reconciliations ;
  • Updating Fund payments and receipts in the relevant control spreadsheets.

Timely and accurate preparation and submission of VAT returns to include:

  • Running of VAT reports on a monthly basis;
  • Review of all VAT allocation of all invoices;
  • Reconciliation of VAT control accounts on Sun
  • Monitor and posting VAT recoverable;
  • Timely payment and posting of VAT payable;

Timely and accurate processing of transactions across designated Group entities to include:

  • Processing and posting of Fund related purchase invoices and payments;
  • Recharged expenses are monitored, cash flowed and reconciled;
  • Annual Fees invoices are raised, posted and cash flowed;
  • Monitoring of aged debtors and creditor for balances relating to designated Funds;
  • Assist with the reconciliation of other Group balances relating to designated Funds.

Role Requirements:

  • 2:1 or above at degree level, strong A levels and GCSE's
  • Experience in a similar position, within financial services
  • Quick learner, with confidence to work independently
  • Diligent work ethic and ability to prioritise the processing of large volumes of transactions
  • Strong excel skills and keen attention to details
  • Team player with excellent organisational skills
  • Good telephone manner and written skills

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