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Finance Assistant
Franklin Electric
Ipswich, MA | Other
$52k-71k (estimate)
4 Months Ago
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Ipswich, MA | Full Time
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Finance Assistant
Franklin Electric Ipswich, MA
$52k-71k (estimate)
Other | Durable Manufacturing 4 Months Ago
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Franklin Electric is Hiring a Finance Assistant Near Ipswich, MA

Finance Assistant

Department: Finance / Accounting / Audit

Employment Type: Permanent

Location: UK - Ipswich

Description

The role: 
Pioneer Pump EMEA are seeking an experienced Finance Assistant to be based out of their Head Office in Ipswich. To be responsible for maintaining an efficient purchase & sales ledger process from start to finish in order to support a busy Finance team. 

Key Responsibilities

Duties and Key Responsibilities:
Purchase Ledger:
· Checking, coding, and processing all invoices received from suppliers
· Responsible for setting up new supplier accounts and maintaining controls around new suppliers
· Preparation for bi-monthly payment runs, ensuring all payments are made on time and queries dealt with promptly
· Ensure all invoices are correctly recorded on purchase ledger and match a relevant purchase order
· Ensure all invoices are properly authorized and signed by relevant depot/manager prior to payment 
· Ensure all supplier accounts are reconciled on a monthly basis
· Respond in a timely fashion to any queries relating to purchase invoices
· Review open purchase orders and ensure goods are received in the correct period
· Carry out month end purchase order accruals and prepayments
· Process and analyze employee expense claims ensuring appropriate authorization is obtained
· Process employee credit card expense claims
· Credit card statement reconciliation against receipts and coding to nominal ledger
· Filing of all purchase invoices and statements
Sales Ledger:
· Credit checking all new customer accounts and setting appropriate credit limits with guidance from Finance Manager 
· Responsible for setting up new customer accounts and maintaining controls around new customers
· Actively chase outstanding debt, resolving customer queries and escalating any issues as required
· Liaise with UK depots to ensure accurate monthly billing is completed and invoices are submitted on time following individual customer requirements
· Upload invoices to Tradex platform to ensure timely payment
· Attend and contribute to global credit control meetings to ensure company guidelines are being followed and our debtor days are being maintained within target
· Recommending overdue accounts for legal action as required 
· Assist with month end procedures as required
 

Skills, Knowledge and Expertise

Education/Experience Level 
Personal attributes:
· Confident communicator who enjoys the challenge and responsibility of contributing to a busy finance team
· Can work well to deadlines and accurately under pressure, while remaining calm and positive 
· Strong organizational and interpersonal skills 
· Professional and friendly
· Ability to build good working relationships
Education:
· A high level of numeracy and literacy are pre-requisites of the role
· Educated to A-Level standard and above
· Good verbal and written communication skills 
Experience:
· Minimum 3 years’ experience in a similar role 
· Strong knowledge of monthly financial routines including accruals and prepayments (essential)
· Good computer skills with experience in using financial accounting packages
· Banking, petty cash and cashbook reconciliations (desirable)
· Ability to work autonomously and manage time and priorities
· Ability to contribute to continuous improvements and efficiency

Why work at Franklin Electric?

Becoming a part of the Franklin Electric team not only provides outstanding benefits, it also opens doors to opportunities for future growth. Enjoy peace of mind with a world-class company. But more importantly, be satisfied in knowing you make a difference.

Job Summary

JOB TYPE

Other

INDUSTRY

Durable Manufacturing

SALARY

$52k-71k (estimate)

POST DATE

03/30/2024

EXPIRATION DATE

07/25/2024

WEBSITE

franklinwater.com

HEADQUARTERS

FORT WAYNE, IN

SIZE

3,000 - 7,500

FOUNDED

1944

TYPE

Public

CEO

GREGG C SENGSTACK

REVENUE

$1B - $3B

INDUSTRY

Durable Manufacturing

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About Franklin Electric

Franklin Electric manufactures and provides water and fueling systems for manufacturing plants.

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If you are interested in becoming a Finance Assistant, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Finance Assistant for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Finance Assistant job description and responsibilities

Finance assistants are responsible for updating financial spreadsheets, drafting spreadsheets, and reviewing and reconciling bank statements.

02/23/2022: Lansing, MI

Finance Assistants must be prepared to multi-task as they will be expected to work on multiple administrative projects at the same time.

02/23/2022: Bremerton, WA

The assistants are skilled and experienced, they complete all of the projects on time.

02/23/2022: Casper, WY

Typically, they work as part of a larger finance team under the supervision of a finance professional, and teamwork skills are a must.

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Admin assistants need to be able to manage other people’s expectations.

03/10/2022: Gary, IN

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Finance Assistant jobs

Use this Finance Assistant job description template to attract junior candidates with financial and accounting skills.

03/13/2022: Boise, ID

Get clerical or administrative work experience as a student.

01/03/2022: Boca Raton, FL

The Serve Team’s assistants work extremely hard and with a dedication to complete the projects with excellence and on time.

03/25/2022: Milwaukee, WI

Work experience as a Finance Assistant, Finance Officer or similar role.

02/19/2022: Amarillo, TX

Finance and figures are not easiest skills to learn for all entrepreneurs or non financial managers.

01/06/2022: Boca Raton, FL

Step 3: View the best colleges and universities for Finance Assistant.

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College

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