Finance Officer

Job Title: Finance Officer

Location: Southampton

Salary: £31,158 to £33,377

Job type: Full-time / permanent

About the role:

SUSU are seeking a dynamic and passionate Finance Officer to join us full time (35 hours pw).

The role will primarily be responsible for the efficient and effective processing of all aspects of the payroll function within SUSU, including accurate and timely production of it. In addition to payroll, they will be responsible for supporting with other finance duties and be a team player to ensure the smooth running of the Finance Team.

This is an exciting opportunity to join a student led charity based in Southampton. The role offers the opportunity to gain a wide range of experience within the not-for-profit sector including supporting finance functions for our social enterprise outlets (shop, vegan café, café bar and pub), a varied events programme, and our very own lettings agency.

Responsibilities:

• Reconciling balance sheet control accounts on a regular basis.
• Support with the month end and year end process. Including prepayments,

accruals stock and bad debt provisions.

• Creating and inputting journals into the finance system as required.
• Resolve discrepancies between payments, control accounts, and submissions to third parties within a timely manner.

• Support the delivery of our Lettings and Money Hub, processing financial transactions including invoice and payments. Support with general queries whilst observing, identifying and suggesting more effective and efficient processes.

• Support with intercompany transactions as they occur and intercompany account transfers.

• Investigate customer and supplier accounts queries as they occur.

Accurately deliver payroll

• Developing, communicating, and reviewing organisation-wide timetables to line

managers and the People Team for timesheet submission allowing for variations in

business activity

• Work with the People Team to successfully deliver the payroll in line with agreed

timescales to ensure SUSU meets its obligations about paying employees.

• Extract, verify, and analyse information accurately, including information from

timesheets, and other relevant timekeeping systems.

• Calculate and verify payroll information as required for starters, leavers, and other

changes.

• Maintaining and processing payroll information, keeping accurate and up to date

employee records to comply with both internal processes and legal obligations.

• Identify any discrepancies or risks with employees and the legal minimum wages,

working time directives, and immigration law and communicate these to the People

team immediately.

• Completing all statutory returns including any Office for National Statistics

(ONS)returns a required.

Support and advise colleagues relating to finance

• Maintain awareness and compliance with all applicable HMRC regulations and

keep up to date with latest developments as and when they occur.

• Supporting Head of Finance in developing best practice, this may include

attendance of finance related webinars/conference.

• Providing Budget information to budget holders, supporting with various budget

queries.

• Support delivery of the annual external audit process.
• Create and deliver finance-related training as required to colleagues ranging from

front-line staff to elected officers and management.

Skills Required:

You will have previous experience in:

• Preparing payrolls, including handling various payroll processing tasks with precision and supporting making decisions to resolve queries.
• Ensuring attention to detail, accuracy and problem-solving skills as well as previous experience of running finance reports.
• Previous experience of Sage is preferable.

Benefits

• 30 days holiday per annum. In addition, there are six closure holiday days during Easter and Christmas and eight bank holidays.
• Defined contributions pension scheme where SUSU contribute 10%.
• Discounted bus passes (UniLink and Blue Star) and a cycle scheme

Apply Now

You can easily apply using your CV and covering letter by clicking on ‘Apply Now’.

Interviews are scheduled for 21 September 2023

Candidates with experience of; Administration, Data Entry, Payroll, Reconciliation, Finance, Finance Administration, Finance Administrator, Finance Admin, Financial Administrator, Payroll Administrator, Invoicing, Accounts, Finance Assistant, Account Assistant, Accounts Administrator, Finance Assistant, Accounts Assistant, Purchase Ledger, Sales Ledger, Financial Assistant, Accounts Administrator, Accounts Clerk, Finance Clerk, Accounts Payable, Accounts Receivable, Credit Control will also be considered for this role.