Finance Officer (Banking and Accounts Payable)

JOB DESCRIPTION

Line Manager: Senior Finance Manager

About Oxford Business College

Since 1985, Oxford Business College (OBC) has spearheaded transformative education, carving a unique path for overlooked individuals, especially mature students facing barriers in traditional education. Operating seven days a week for our students, OBC's pioneering approach adapts to the diverse lifestyles & commitments of non­traditional learners. Across campuses in West London, Oxford, & Brentford, OBC's ultra-flexible scheduling ensures inclusivity, reinforced by a robust digital infrastructure. Actively fostering a sense of belonging for students from all backgrounds, we provide comprehensive support services. Emphasising practical skills for employability through industry placements, OBC stands as a dynamic catalyst for change, reshaping higher education with an unwavering commitment to accessibility, flexibility, & inclusivity. With over 7500 students & 300 colleagues, join OBC in shaping the future of education & unlocking opportunities for a diverse range of students.

The role

The primary purpose of the role is supporting the maintenance of financial services, and provision of financial support to ensure the smooth operations of financial management to Oxford Business College. The role involves a significant amount of processing of financial information according to agreed processes and procedures. The role is responsible for providing sound financial advice, while providing high quality and effective financial management service to the college, whilst ensuring compliance with all relevant financial statutory and regulatory matters.

Key Responsibilities

Banking Operations:

1. Reconcile bank statements and manage day-to-day banking operations with accuracy and timeliness.
2. Monitor cash flow, ensuring that funds are available for all business needs.
3. Maintain positive relationships with banks and financial institutions, handling all transactions professionally.
4. Ensure all payments, transfers, and deposits are processed promptly and in line with company procedures.

Accounts Payable:

1. Manage the full accounts payable process, from receiving invoices to issuing payments, ensuring all transactions are processed accurately and on time.
2. Keep up-to-date and precise records of all supplier invoices and payments.
3. Carry out monthly supplier reconciliations and resolve any discrepancies in a timely manner.
4. Ensure compliance with internal financial policies and relevant financial regulations throughout the accounts payable process.

PERSON SPECIFICATIONS

Desirable

• Degree qualified in an accounting or business related degree
• Relationship building and maintaining
• High level of excel skills
• Good knowledge of Xero, Sage and Bright HR accounts.

Essential Criteria

• ACCA/CIMA Qualified / Part Qualified with relevant accounting and finance experience
• Available and willing to work weekends as required
• Strong communication and writing skills with exceptional attention to detail
• Good IT knowledge (e.g. Word, Excel)

To apply, please click on the ‘Apply’ button above