Finance Associate

Roles and responsibilities

Apply a learning mindset and take ownership for your own development.
Appreciate diverse perspectives, needs, and feelings of others.
Adopt habits to sustain high performance and develop your potential.
Actively listen, ask questions to check understanding, and clearly express ideas.
Seek, reflect, act on, and give feedback.
Gather information from a range of sources to analyse facts and discern patterns.
Commit to understanding how the business works and building commercial awareness.
Learn and apply professional and technical standards (e.g. refer to specific PwC tax and audit guidance), uphold the Firm's code of conduct and independence requirements.
Financial Record Keeping and Reporting
Maintain Financial Records: Assist in maintaining accurate financial records by updating general ledgers, journals, and supporting documentation for transactions.
Prepare Financial Statements: Support in the preparation of financial statements such as balance sheets, profit and loss statements, and cash flow reports, ensuring they are accurate and comply with accounting standards.
Monthly/Quarterly/Yearly Reporting: Assist in preparing monthly, quarterly, and annual financial reports, highlighting key metrics and trends for review by senior management.
Accounts Payable and Receivable
Process Payments: Assist in processing accounts payable by ensuring that invoices are paid in a timely manner, and verifying payment details.
Reconcile Accounts: Reconcile accounts payable and accounts receivable, ensuring that all transactions are accurately recorded and any discrepancies are addressed promptly.
Follow Up on Outstanding Receivables: Help manage accounts receivable by following up with clients or customers on overdue invoices and ensuring that payments are collected efficiently.
Budgeting and Forecasting
Assist in Budget Preparation: Support the finance team in the preparation and monitoring of budgets for various departments or projects within the organization.
Financial Forecasting: Assist in developing financial forecasts by analyzing trends, past performance, and market conditions.
Monitor Budget Variances: Help track budget performance and report any variances from the forecast, identifying areas where adjustments may be needed.

Desired candidate profile

Data Analysis and Financial Modelling
Financial Data Analysis: Assist in the analysis of financial data to identify trends, potential issues, and areas for improvement.
Create Financial Models: Assist with creating financial models to support decision-making, investment analysis, and cost-benefit analysis.
Track Key Financial Metrics: Track key financial performance indicators (KPIs) to monitor the health of the business and provide regular updates to management.
Tax Compliance and Reporting
Assist with Tax Filing: Support the preparation of tax filings by collecting necessary financial data, ensuring that the organization complies with all tax laws and regulations.
Tax Documentation: Help maintain accurate tax records, ensuring that the organization’s financial data is ready for tax audits or other regulatory reviews.
Support Audits: Provide necessary documentation and assistance to auditors during internal or external audits.
Cash Flow Management
Track Cash Flow: Monitor the organization’s daily cash flow and assist in managing the movement of funds to ensure there is sufficient liquidity to meet obligations.
Assist in Cash Forecasting: Help forecast cash flow needs, ensuring that the organization has the resources to meet financial commitments and avoid liquidity issues.
Reconcile Bank Statements: Reconcile bank accounts with the company’s financial records to ensure that all transactions are accurately accounted for.