Accounts Trainee

at  Wealthtime

ABOUT US:

At Wealthtime, we take pride in our role as a multi-award-winning financial technology company, known for our outstanding 5-star service platform. Our journey is guided by our shared values and behaviours: ‘Seek Opportunity’, ’Nurture Each Other’ and ‘Simply Get Going.’
With new ownership since 2021 and significant investments of over £17 million, Wealthtime is on an exciting path of growth. Our team, consisting of approximately 300 dedicated individuals, is at the heart of our journey, and we welcome you to join us as we continue to make our mark in the industry.

ABOUT THE ROLE

The purpose of the role is to support the Management Accountant, Financial Controller and other members of the Finance Team in delivering the Company’s core financial function and to assist with other aspects of general management as required. It will offer a broad range of exposure and scope for future progression.
The role will span the three companies within the Group and so will require flexibility to work with varying systems and processes.
The Company is expanding and accordingly we seek applicants who have a flexible approach and are willing to respond to the challenges of a dynamic, fast-paced environment.
Your key contacts will be the financial controller, management accountants, facilities partners, the people team and the investment administration team.

KEY RESPONSIBILITIES:

• Accounts Payable – joint management of the accounts payable function alongside the Finance Assistant, ensuring that all invoices and expenses received are correctly recorded and validated, that outstanding balances are paid on time and any queries are addressed and resolved. This will involve the efficient management of email boxes for two separate companies in the Group.
• Sales Statistics – compiling and circulating daily, weekly and monthly statistics on sales performance. This is likely to also include ad-hoc queries of new business inflows.
• Finance KPI’s – compiling weekly KPIs containing a variety of finance and business data to be issued to the Group’s Board and shareholders. The role holder will be the main point of contact for any questions or queries arising from these reports.
• Banking/Payments – ensure payments are made on a timely basis, mostly notably in respect of the Company’s daily funding requirements to ensure regulatory compliance. Also, to be the point of contact for any banking queries or updates.
• Credit Card Transactions – recording of all transactions made using Company credit cards, classifying these according to the correct cost classification, matching items to receipts and raising appropriate queries with card holders.
• Reconciliations – performance of key reconciliations including weekly bank and income reconciliations.
• Financial Transactions – posting of financial journals to the general ledger, ensuring that all transactions are captured to the Company’s accounting package.
• Ad-Hoc Financial Analysis – in addition to the specific requirements outlined above, this role also has a broad requirement for additional ad-hoc analysis to support the business. Such additional work will compromise a relatively large proportion of the overall workload. Examples of such tasks may include interrogation of sales data, reviewing costs, cash flow analysis, assisting in compiling the budget and a range of other tasks.