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Industry:Finance
Contract Type:Internship/traineeship
Salary or training bursary: £18,458 per annum
Contract
Duration:
12 Months
full-time
Company:The Place
Location:London
Eligibility:
Positive Action Scheme
Apply by:06/12/2020 - 23:59
Start date:January 2021

Finance Assistant (Trainee)

Do you like mixing finance with creativity? Are you keen to learn and develop finance skills within a busy team? Then read on for this exciting new opportunity...

The Place is the UK’s premier contemporary dance centre, based in central London. Since its inception in 1969, The Place has been a driving force for contemporary dance in the UK and Europe and one of the world's key resources for dance development. It has pursued a global vision for a world with more dance and is a world-leading centre of artistic excellence, creating an ecosystem for dance unlike any in the world.

As an organisation, The Place is involved in the entire lifecycle of dance – from education and training to the creative process that leads to new ideas and conception of new work, through to its creation, production and performance.

The company is seeking to appoint a Finance Assistant (Trainee) who will assist in various areas of Administration and Finance department.

What you will learn

  • You will be providing daily support to the Finance Officer with the management of all income and expenditure workflows for The Place, ensuring that processing, payments and reconciliations are completed as per agreed processes and within any service levels agreed with the business
  • You will be responsible for providing support to the Director of Finance and Resources, Finance Business Partner, HR Manager with data reporting and analysis
  • You will be required to provide support to other areas of the Business with data input or analysis as and when required

Expenditure

  • Supporting the Finance Officer with posting of invoices, scanning invoices and statement reconciliations
  • Supporting with the preparation of payments to suppliers
  • Supporting with posting of credit card statements and expense claims
  • Monitoring the Accounts Payable email inbox and respond to queries

Income

  • Supporting the Finance Officer with raising of sales invoices, production of monthly debtors’ statements, credit control
  • Supporting Finance Officer with posting and allocation of Student income

Month End

  • Posting journals to the system to correct errors and post adjustments
  • Supporting the Business Partner and Finance Officer with Month end reconciliations and maintain accurate records
  • Supporting the Business Partner with the preparation of the management accounts where possible
  • Assisting with production of transactions reports for Budget Holders

Banking

  • Supporting the Finance Assistant with the reconciliation of all bank accounts, matching income and expenditure, allocating cheques, coding on a daily or weekly basis, ensuring that all bank accounts are fully reconciled by month end
  • Preparation of cash and cheques for banking

Cashflow forecasting

  • Preparing information to enable the Business Partner to produce regular cashflow forecasts

Data Analysis

  • Assisting with the National statistic data analysis and submissions
  • Assisting with any other data input as required by the Business

General

  • Undertaking any other ad hoc projects or work as directed by the Director of Finance and Resources
  • Generating other ad hoc reports as required by the Finance Team or the Business in an accurate and timely manner
  • Building good communication channels with the rest of the Finance Team and share information which is relevant to your role and their roles and be able to provide cover in case of absence within the team

Knowledge, Skills, Experience

Essential

  • Minimum of 5 GCSE’s at A-C, must include Maths
  • IT literate
  • High level of numeracy
  • Strong skills in working as part of a team
  • Excellent communication and interpersonal skills, commitment to providing excellent customer service to internal and external parties at all times
  • Ability to use own initiative to resolve any issues or to manage the systems in a proactive and effective manner
  • Efficient, organised, self-motivated and able to focus on tasks in order to produce information to deadline
  • Flexible with the ability to plan, prioritise and organise activities and tasks
  • Keen to learn and develop finance skills within a busy team

Desirable

  • Awareness/understanding of double entry, accruals, creating and amending journals, balance sheet reconciliations
  • An interest in the Mission and Values of The Place

To Apply

  • Log in to your Creative Access account or register today to apply for this opportunity
  • Upload your CV, cover letter as ONE document (applications without a tailored cover letter will NOT be accepted)
  • Once submitted, you can no longer amend your application, so proof-read carefully
  • Do not contact the company directly

This opportunity is only open to individuals from a group which is under-represented in the creative industries. This includes, but is not limited to, Black, Asian and ethnically diverse candidates, people with disabilities and individuals from lower socioeconomic backgrounds.