Finance Assistant

Discover the LMP Group: Inspiring Ambition Across the UK At the LMP Group, we are driven by a singular mission: to inspire ambition.
Our three distinct companies - LMP Education, Inspire ATA, and LMP Action - work together to create a profound educational and social impact throughout the UK, fostering positive and sustainable development through collaboration.
Since we were founded in 2004, we've grown into a dynamic team of over 180 dedicated professionals committed to making a difference.
Join Us on Our Mission At the LMP Group, we are more than just a collection of companies.
We are a community dedicated to empowering others to achieve their fullest potential.
Whether you're looking to advance your education, enhance your career, or collaborate on meaningful initiatives, we invite you to join us on our mission to inspire ambition.
Together, we can create inspirational journeys and delivery excellence in education.
About the role The Finance Assistant provides essential support in maintaining accurate financial records, facilitating smooth financial transactions, and ensuring compliance with financial policies and procedures.
This role is crucial in ensuring the efficiency and accuracy of the organisation's financial operations.
As part of the finance team, the Finance Assistant will support various key financial functions, ensuring efficient operations across accounts payable, accounts receivable, reconciliations, and financial reporting.
The following are the core responsibilities, but not limited to: Accounts Payable * Process invoices, expense reports, and other payables promptly and within agreed deadlines.
* Verify the accuracy of invoices, ensure proper coding, and obtain necessary approvals.
* Liaise with vendors and internal teams to resolve discrepancies.
Accounts Receivable * Assist in generating and sending customer invoices.
* Monitor accounts receivable ageing and follow up on outstanding invoices.
* Record customer payments and reconcile the accounts receivable ledger.
Reconciliations * Reconcile bank statements, credit card statements, and other financial accounts.
* Investigate and resolve discrepancies identified during the reconciliation process.
Financial Reporting * Assist in preparing financial reports, including income statements, balance sheets, and cash flow statements.
* Compile financial data to support the finance team in analysing and interpreting financial performance.
Data Entry and Maintenance * Maintain accurate and up-to-date financial records in the accounting system.
* Enter financial transactions into the accounting software with attention to detail and accuracy.
Support * Provide administrative support to the finance team as needed.
* Assist with special projects and initiatives, including audits and process improvements.
Background & Experience * Proven experience (1-3 years) in a finance-related role.
* Exposure to accounts payable, accounts receivable, and reconciliations is preferred.
Skills & Qualifications * Intermediate proficiency in Microsoft Excel.
* Proficiency in ERP systems or accounting software.
* A bachelor's degree or an apprenticeship in finance, Accounting, Business Administration, or a related field is preferred but not essential.
Competencies & Behaviours * Strong attention to detail and accuracy in data entry, financial calculations, and reviewing financial information.
* Excellent organisational skills, with the ability to prioritise tasks, meet deadlines, and work effectively under pressure.
* Good communication and interpersonal skills, with the ability to collaborate effectively within the finance team and across other departments.
* Understanding of financial principles and practices.
* Ability to maintain confidentiality, with a strong commitment to ethics and integrity.
* Adaptability and willingness to learn new tasks, technologies, and financial regulations.
* Drive to gain more knowledge on Excel functions such as IF statements, VLOOKUP, pivot tables etc.
* Ambition to grow and develop within the finance field, with opportunities for career progression and professional development.
What's in it for you(remuneration & benefits)?
£26,000 - £30,000 per annum 28 days holiday and get an extra day for each year you stay with us, up to max 33 days PLUS bank holidays.
We pay for a Healthcare Plan once you've passed probation, which includes access to a private GP.
From day 1, free life insurance covering up to x4 your salary.
We'll both add money into your pension pot after 3 months.
Get 25% off online learning resources for year 1 to GCSE with EdPlace.
Choose what flexible benefits you want after you've passed probation - this could be buying extra holiday, dental, topping up your healthcare plan, bikes, gym membership, electric cars and give as you earn.
Recognised Excellence Our commitment to excellence has earned us significant recognition: * Best Companies 2 Star 'Outstanding to Work For' award 2022 * Named among the Top 100 mid-sized companies to work for in the UK and the Top 50 mid-sized companies to work for in London * Best Training Provider 2024/25 and Best Apprenticeship Employer 2024/25 at the RateMyApprenticeship awards * Recruiter of the Year 2024 as part of the Education Investor Awards with Supporting Education Group We are also proud to hold several prestigious certifications, including: * Disability Confident Employer * Investors in People Gold * Leaders in Safeguarding Gold * Cyber Essentials * Living Wage Employer Confidentiality The post holder must maintain the confidentiality of information about clients, staff and other LMP stakeholders.
Some work is confidential, and information gained must not be communicated to other persons except in the recognised course of duty.
The post holder must always meet the requirements of the General Data Regulation Act.
Safeguarding, Prevent & Equal Opportunities The LMP Group are committed to anti-discrimination and equal opportunities for all.
We are equally committed to Safer Recruitment Policies, Safeguarding, the Prevent Duty and promoting the welfare of children, young people and adults.
To achieve our commitment, we will ensure continuous development and improvement of robust safeguarding processes and procedures that promote a culture of safeguarding amongst our staff and volunteers.
Pre-employment checks Please be aware that upon a successful offer of employment the company completes digitalized right-to-work checks and DBS applications via an external provider.
The company also completes an internal online social media search, in line with Keeping Children Safe in Education guidance.
LMP!