Finance Assistant Opportunities in Newcastle upon Tyne

Newcastle upon Tyne, a vibrant city in the North East of England, offers a diverse range of career opportunities, including roles for Finance Assistants. These positions are crucial for the smooth operation of businesses across various sectors, from manufacturing and retail to professional services and the burgeoning tech industry.

Role Overview

A Finance Assistant is typically responsible for supporting the finance department with day-to-day tasks. This can include processing invoices, managing accounts payable and receivable, reconciling bank statements, and preparing financial reports. The specific duties will vary depending on the size and structure of the company.

Key responsibilities often encompass:

• Processing purchase invoices and sales invoices accurately and efficiently.
• Matching invoices to purchase orders and delivery notes.
• Reconciling supplier statements and resolving any discrepancies.
• Managing petty cash and employee expenses.
• Assisting with the preparation of VAT returns.
• Maintaining accurate financial records and filing systems.
• Supporting the preparation of monthly and annual accounts.
• Responding to queries from suppliers and customers.
• Contributing to the improvement of financial processes and systems.

Skills and Qualifications

Employers typically seek candidates with a strong attention to detail, excellent numeracy skills, and a good understanding of basic accounting principles. Proficiency in using accounting software packages, such as Sage, Xero, or QuickBooks, is often essential. Strong IT skills, particularly in Excel, are also highly valued.

While a formal accounting qualification is not always required for entry-level positions, a relevant degree (e.g., Accounting, Finance, or Business) or AAT qualification can significantly enhance your prospects. Previous experience in a finance or administrative role is also advantageous.

Newcastle Job Market

The demand for Finance Assistants in Newcastle remains steady. Numerous recruitment agencies specialize in placing finance professionals, and online job boards such as Indeed, LinkedIn, and Reed regularly advertise vacancies. Salaries for Finance Assistants in Newcastle typically range from £20,000 to £28,000 per year, depending on experience, qualifications, and the size of the company.

Career Progression

A role as a Finance Assistant provides a solid foundation for a career in finance. With experience and further professional development, individuals can progress to more senior positions such as Finance Officer, Assistant Accountant, or Management Accountant. Many employers support their employees in pursuing professional qualifications, such as ACCA or CIMA, to further their career ambitions.

Finding Opportunities

To find Finance Assistant roles in Newcastle upon Tyne, consider registering with local recruitment agencies, networking with industry professionals, and regularly checking online job boards. Tailoring your CV and cover letter to highlight your relevant skills and experience is crucial to making a strong impression on potential employers. Be prepared to demonstrate your attention to detail and understanding of accounting principles during the interview process.