Trainee Finance Administrator

  • Job Reference: 13/10
  • Date Posted: 13 October 2021
  • Recruiter: Advancing People Ltd
  • Location: Bedford, Bedfordshire
  • Salary: £18,000 to £20,000
  • Sector: Administration
  • Job Type: Permanent
  • Work Hours: Full Time

Job Description

Advancing People have a trainee finance administration role working for a progressive company in Bedford. The job holder will provide an accounting administration service for specified Business Units within the Group. They will achieve targets, develop the business and deliver an excellent and comprehensive service, ensuring that responsibilities are completed in accordance with the relevant Company and/or Group policies.
  • Planning/Reporting:
    * Plans their work and those of others where applicable, to ensure that the team meets its operating goals
    * Provides relevant management information to senior management, when requested
    * Contributes to project work and when required

    * Ensure cash matching tasks are completed in a timely manner
    * Review and release Bureau delinked transactions
    * Processing of relevant entries onto Group company IBA systems
    * Reconcile accounts with Lloyds, LIRMA & ILU markets
    * Resolve Settlement queries promptly and efficiently
    * Keeps informed of all regulatory and legal changes which impacts on the job role
    * Ensures up to date records are maintained at all times on the Company systems
    * Responds appropriately to urgent issues as they arise

    Policy, Process and Procedures:
    * Interprets instructions and issues arising, and then implement actions according to policies and procedures

    Environment, Customer Focus and Relationships:
    * Develops strong relationships with the Business Units, Suppliers and Markets
    * Responds to the clients(both internal and external) requirements as appropriate
    * Behaves with all clients (both internal and external) fairly and ethically
    * Shares information that could be beneficial to the Operating Entity/Group

    People Management/Personal Development:
    The job holder does not have direct reports
    * Actively undertakes personal development to ensure up to date knowledge and understanding of best practice
    * Remains aware of external, industry, legal and regulatory developments etc to ensure practice and outputs are of a sufficiently high standard
    * Keeps informed of all legal and regulatory developments relevant to the Operating Entity/Group


    * Prior working experience within a finance related role (e.g. AP, AR, Cashiering) would be preferable

    * Able to manipulate and understand financial data
    * Attention to detail with ability to produce accurate documentation and to file documents appropriately
    * Ability to work effectively within a team
    * Prioritisation and organisational skills
    * Self-motivated individual who is a quick learner
    * Competent IT skills, including but not limited to Microsoft Word, Excel and PowerPoint
    * Ability to communicate effectively, both verbally and in writing, with internal and external stakeholders
    * Able to undertake and demonstrate competence in technical training, as required by the industry regulator

    What do we offer in return?

    A career that you define.

    Yes, we offer all the usual rewards and benefits - including great healthcare provision, a wide variety of wellbeing offers, competitive salary, generous pensions and more - but we know you expect all that.

    What you might not expect is a job where everyone has a voice, where volunteering in the community is part of the day job, and where everyone is encouraged to play a part towards our sustainability goals. We want people who want to make a difference - not just in the workplace, but in the industry and in the wider community.