Accounts Assistant

About Bank of London

Bank of London offers a safer business banking model by holding all deposits at the Bank of England, eliminating the risk of 'bank runs.' It provides services such as Deposit-as-a-Service (DaaS), Embedded Banking, real-timeClearing, Payments, and Settlement, as well as Commercial Banking tailored to businesses. Powered by proprietary technology, the bank collaborates with SAPFioneer to deliver innovative solutions. With a focus on exceptional service and core values of compassion, ownership, and curiosity, the bank strives for excellence in all it does.

‍Key Responsibilities will include:

  • Assist with the preparation and processing of invoices, payments and receipts
  • Reconciliations of various bank accounts, supplier statements and financial records
  • Maintain accurate and up-to-date financial records for various entities within the TBOL group, using Quickbooks and SAP accounting software
  • Ensuring timely and accurate payment of accounts payable and timely receipt of accounts receivable balances
  • Assisting the Financial Controller in performing the month-end close procedures each month, preparing underlying schedules incl. accruals and prepayments, and helping on the preparation of the monthly management accounts
  • Manage various relationships – including handling queries from suppliers, clients, auditors and internal stakeholders
  • Provide general, ad-hoc administrative support to the finance team
  • Assist in the preparation of VAT returns and other statutory filings

What you bring

  • The ability to analyse, appraise and improve all systems and processes within a financial control environment.
  • Strong time management skills and a proven ability to deliver to deadlines
  • Excellent written and verbal communication skills
  • Confident in dealing with senior colleagues in the organisation
  • Accounts production skills gained through prior experience in financial control
  • Excel and Word skills
  • Formal accountancy training or qualifications in the UK, such as ACCA or equivalent. While full Chartered Accountant status is not required, a solid foundation in accounting principles and practices is essential for this role
  • Experience with SAP S/4HANA and Quickbooks is welcome, but not required
  • 4+ years experience

Work location

  • London (5 days per week in the office)

Travel to other locations may be required on occasion.

Diversity

The Bank of London is an equal opportunity employer committed to inclusion, diversity and belonging. All qualified applicants are welcome and will receive consideration for employment without regard to race, colour, age, religion or religious expression, sex, sexual orientation, gender or gender identity and expression, transgender, national origin, or military veteran status.

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