Financial Assistant, Salary Finance
+ Company bonus scheme
Office located in White City, London
Financial wellbeing employee benefits platform
Job no longer available
Financial wellbeing employee benefits platform
201-500 employees
Job no longer available
+ Company bonus scheme
Office located in White City, London
201-500 employees
Company mission
Salary Finance is on a mission to dramatically reduce the cost of borrowing for working people by collecting repayments via salary deduction.
Role
Who you are
- You are passionate about technology and social impact, and want to help grow a business that delivers a meaningful difference to society
- You have an analytical mind with a can-do, problem solving aptitude
- You are eager to learn in a high growth environment. - you will thrive if you are a self-motivated, fast-paced, action oriented, “roll your sleeves up and get-things-done” sort of person who wants to work in a small team where everyone makes a difference
- You are calm under pressure, can handle changing priorities and are an excellent communicator
- Strong communication skills (verbal and written)
- Ability to work under pressure and adhere to deadlines
- Strong attention to detail
- Positive can-do attitude
- Motivated to build a career in finance
Desirable
- Degree education or equivalent
- Are studying towards becoming a qualified accountant
- Have prior experience working in a finance department (not essential)
What the job involves
- We are looking for a superstar Finance Assistant to join our Finance team. Reporting to the Senior Finance Manager, you will be assist in performing day to day tasks with the support of outsourced resources spanning across accounting, finance projects and treasury
- There is plenty of opportunity for development and you will have great exposure across the business
- Own the preparation of the daily cash requirements, working closely with the Treasury Manager to ensure sufficient funds are available
- Work with the SFM to prepare monthly and quarterly FCA reports
- Prepare payrun files and ensure all payments have been approved
- Support the SFM on debt sale projects and own monthly reporting on these
- Assist with the reconciliation of control accounts across 4 entities
- Support the accounting team during the annual financial audit of 4 entities
- Work with cross functional teams across the business to provide finance support for operational requirements
- Ad hoc support across the accounting, FP&A and treasury departments on projects and ad hoc reporting requirements
Application process
- Phone call with our Talent Manager - 20 mins
- Video interview with Hiring Manager - 30 mins
- Case Study to give you a taster of the role - 35 mins
- In person interview with Head of Department, Stakeholder, and / or Team - 30 mins
Salary benchmarks
Our take
Whether a function of genuine care or increased efficiencies, companies are increasingly looking to secure the financial wellness of their employees. Salary Finance delivers a suite of products for this purpose, all integrated into employers’ payroll systems.
Offering a range of financial wellbeing products, Salary Finance is unique for its unusually low default rate, which arises from the security of deducting repayments directly from a borrower’s salary, and the extra information it gains about its customers by tapping into their HR systems. Originating in the UK, the company expanded to the US to bring low-cost loans to working Americans. Its US arm has since merged with FinFit to form the "pre-eminent financial wellness platform" in the US.
Though Salary Finance faces significant competition from other startups like Neyber and Wagestream, that are also attempting to fix the "payday problem", few have been able to effectively provide as impressive a range of options as this startup. There is every reason to assume the company will build on its past success, and forge a path into a favourable future.
Freddie
Company Specialist
Insights
Few candidates hear
back within 2 weeks
41% female employees
36% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Dec 2020
$27m
SERIES D
Apr 2019
$32.8m
SERIES C
Total funding: $138.2m
Company benefits
- Company bonus scheme
- 25 days holiday with an extra day off on your birthday
- Hybrid working arrangements so you can work from the office and from home with a budget to help you get set up
- Pension and life assurance, and an annual allowance to spend on medical insurance, health cash plan, denplan, gym memberships, etc.
- Enhanced policies that are family and pet friendly, to include company sick pay and Peternity leave
- Annual personal learning budget
- Great career development in a fast paced environment
- Regular company socials
- Volunteer days as part of our CSR program
- Being part of a collaborative and entrepreneurial team working in our brand new, purpose-built offices
- More great perks to include complimentary fresh fruit weekly, cycle to work, help to save and much more!
Company values
- Fearless, and able to make the impossible possible.
- Responsible, and want to help build a business that delivers a meaningful difference to society.
- Dedicated, and want to commit to an exciting journey even through the highs and lows.
- Empathetic, and truly care about every colleague and customer.
- United, because you understand we achieve more when we work as a team.
- Humble, and take feedback as a way to continuously improve.
Company HQ
Shepherd's Bush, London, UK
Articles
Leadership
Asesh Sarkar
(Co-Founder & CEO)President and Co-Founder of FinFit. Has worked in senior roles at Detica, PA Consulting Group, and Deloitte.
Dan Cobley
(Co-Founder & Chairman)Has worked in senior roles at Google, Capital One, and Santander. Previously founded ClearScore.
Daniel Shakhani
(Co-Founder)Executive Chairman of the Harvard Human Flourishing Florens Global Program. Has experience working for Goldman Sachs, RBS, and Opportunity Network.
People progressing
Joined as a Client Operations Analyst. Promoted to Customer Operations Manager after 2 years. Then moved to be an Enterprise Risk Manager after 1.5 years. Now has been promoted twice in two years to become Head of Compliance.
Joined as an Intern. Promoted to Operation Analyst after 2 months. Has since been promoted three more times to the current role of Client Operations Manager.
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