Finance Assistant

London, England, United Kingdom | Full-time | Fully remote

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Reports to: Head of Finance

 

Location: London office or remote working (UK-based) 

Salary: from £24,700 to  £34,500

Contract: 6 months

 

openDemocracy is a global media outlet. We produce high-quality journalism, and we build journalism skills and capacity among groups under-represented in the media. Our mission is to challenge power and inspire change. 

You’ll be joining our team during an exciting period of growth. Our stories frequently get picked up across the global media, including The New York Times, Washington Post, New Yorker, Guardian, Daily Mail, CNN, BBC, Deutsche Welle, Al- Jazeera, El Pais, Mail & Guardian and many others. Our site currently attracts more than 13 million visits per year, and we host a diverse range of independent projects – including those publishing in Russian, Arabic, Spanish and Portuguese as well as English. 

We are a mission-focused organisation, which means we already think about the impact our journalism can have, and ‘bake it in’ to some of our work. But we know we’re only scratching the surface. Excellent impact planning and execution requires intensive time, skill and collective focus; and we are committed to investing in this. We are very clear about the difference between advocacy and journalism – and you will be committed, as we are, to maintaining the independence and integrity of our journalism while deepening its impact. 

We are seeking a dynamic Finance Assistant to support the day-to-day activities of a growing multinational not-for-profit media organisation. This would be the ideal role for someone who will be very comfortable with the accounts payable process and is looking to progress into the accounts receivable process with a view to progress onto creating financial statements in line with generally accepted accounting principles (GAAP). 

One of our key priorities is to help build a more inclusive international media ecosystem. We strongly encourage applications from all groups that are under-represented in the media.

 

Purpose of the role: 

  • To support the day-to-day activities of the Finance team for a growing multinational not-for-profit media organisation

 

Key responsibilities: 

  • Assisting in the bank and credit card reconciliations processes.
  • Managing the accounts payable invoice process using Receiptbank (now Dext) and Xero.
  • Drafting accounts receivable invoices for Finance Manager and Head of Finance to review. 
  • Assisting with preparation of financial statements and providing financial analysis on reports to internal and external stakeholders.
  • Evaluating financial budgets and tracking expenses, working closely with internal stakeholders across multiple teams.
  • Analysing financial information in order to identify, research and resolve discrepancies in a timely fashion and raise issues with the Finance Manager and Head of Finance where necessary.
  • Interpreting and applying accounting policies, rules, and regulations to all work in order to ensure compliance with applicable standards.
  • Maintaining confidentiality of all financial data.

 

Person specification: 

Essential values and skills 

  • A strong commitment to openDemocracy’s mission to challenge power and inspire change.
  • Ability to work independently and within a team, to plan and manage a complex workload, problem-solve and respond swiftly and on deadline to new/unplanned demands. 
  • Ability to communicate effectively and persuasively with a global and diverse team.

 

Essential experience 

  • Minimum requirement is an Associate's degree in Accounting, Bookkeeping, Finance, or similar field (Bachelor's degree preferred). An equivalent combination of education, training, and experience will also be considered.
  • A minimum of 2 years of relevant, hands-on accounting experience.
  • Background with cloud accounting systems (such as an online invoice processing software e.g. Receiptbank/Dext).
  • Previous experience with the accounts payable process.
  • Advanced knowledge of Microsoft Excel (IF, Vlookup, Pivot Tables).
  • Excellent verbal and written communication skills.
  • Strong attention to detail and accuracy.
  • Ability to work independently on assigned duties.
  • Demonstrates an ability to manage a variety of priorities while meeting deadlines.