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Junior Financial Accountant

  • Location

    City of London, London

  • Sector:

    Outsourcing Solutions

  • Job type:

    Permanent

  • Salary:

    Negotiable

  • Contact:

    Holly Jenkins

  • Contact email:

    holly.jenkins@theice.com

  • Job ref:

    R-02515_1523975850

  • Published:

    8 months ago

Job Title: Junior Financial Accountant

Department: Finance

Location: London

Status: Permanent

DESCRIPTION/ JOB PURPOSE

To provide financial accounting support to the UK Finance team.

DUTIES AND RESPONSIBILITIES

  • Day to day process of reconciliation of bank accounts and some external cash postings for the majority of the groups bank accounts; this requires liaison with AP and AR teams for unposted items, and investigation with the bank regarding unidentified receipts or payments;
  • Key involvement in the monthly financial close process for 60+ corporate entities working with the AR and AP teams to ensure all activities are completed in a timely and accurate manner for bank reconciliation;
  • For selected entities (this will likely focus on the holding companies initially but may include other operational entities as required) involvement in the monthly financial close process including accruals and prepayments, revenue accounting, account analysis and account reconciliations, ensuring all activities are completed in a timely and accurate manner
  • To be a key bank relationship person; facilitating access to relevant accounts for team members, resolving any queries;
  • Involvement in operational treasury activities and cash forecasting;
  • Day to day processing of bank transfers, ensuring approval deadlines are met for execution;
  • Identifying and working through areas for improvement and increased automation with external consultants and the Corporate Systems team;
  • The keeping of all financial records, accounts and schedules to the requirements of the auditors and general accepted accounting standards and practices;
  • Preparation of accurate management information possibly including statistical data, financial statement preparation and management reports, on a timely basis;
  • Preparation of intercompany settlements and related payment journals in Integrity/Oracle and the general ledger:
  • Work with the team to ensure reconciliation process notes are complete and up to date;
  • Processing of Broker Incentives settlement, reconciliation and liaison with sales team to obtain contact and bank details;
  • Assist in the preparation of statutory accounts;
  • The performance of such other duties as may be required from time to time by the Financial Reporting Managers.

PERSON SPECIFICATION

  • Desire to progress by undertaking an appropriate accounting qualification
  • Previous experience in a Finance team is highly desirable
  • Previous experience with Oracle Cloud system would be an advantage
  • Good personal communication skills, both written and oral
  • Must possess great attention to detail
  • Must be self-motivated and self-starter
  • Must be focused and deadline driven
  • Good computer literacy with experience using computer based accounting systems, word processing, spreadsheets and other standard business software
  • Clear commitment to the team approach of exchanging ideas and providing support to colleagues
  • The jobholder will receive guidance but will also need to be able to work by themselves

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