Full-Time

Junior Financial Accountant

Posted on 9/13/2024

Salary Finance

Salary Finance

201-500 employees

Financial wellness services for employees

Fintech
Financial Services

Entry, Junior

Hammersmith, London, UK

Hybrid working offered.

Category
Financial Accounting
Financial Planning
Treasury Accounting
Accounting
Requirements
  • Degree education or equivalent
  • Are studying towards becoming a qualified accountant
Responsibilities
  • 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

Salary Finance improves employees' financial well-being by partnering with employers to provide financial education, tools, and products. Their services include salary-linked loans, savings programs, and financial calculators to help employees manage their money effectively. Unlike competitors, Salary Finance's model focuses on integrating these services into employee benefits packages, which reduces financial stress and enhances productivity for employers. The company's goal is to create a financially stable workforce through comprehensive financial support.

Company Stage

N/A

Total Funding

$134.9M

Headquarters

London, United Kingdom

Founded

2015

Simplify Jobs

Simplify's Take

What believers are saying

  • The merger with FinFit enhances their position in the US financial wellness market.
  • Integration with open banking can offer comprehensive financial insights to employees.
  • Growing demand for digital financial tools supports Salary Finance's online platform expansion.

What critics are saying

  • Integration challenges from the FinFit merger may disrupt service delivery.
  • Departure of key leadership like Ridhima Durham could create strategic gaps.
  • Regulatory scrutiny on ReFi™ may impact its adoption and success.

What makes Salary Finance unique

  • Salary Finance partners with employers to offer unique financial wellness benefits.
  • They provide salary-linked loans, savings programs, and financial education resources.
  • Their ReFi™ product offers a novel approach to automated debt consolidation.

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