Finance Officer (part-time)
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Position Overview & Specifications
Smart Money Cymru Community Bank is a progressive and growing financial cooperative providing affordable and ethical finance and banking services to communities in Wales. Smart Money is based in Caerphilly with additional offices in Blackwood and Tredegar. We offer flexibility about job location including the option for some home-working.
Because of our growth, we are looking for a part-time Finance Officer to work with the existing part-time Finance Officer 18.5 hours per week (apportionment of times etc to be discussed and agreed before taking up the post).
Salaries are reviewed twice every year in Spring and Autumn to take account of cost of living and performance. This year, our staff can expect pay rises of 11% in total. You can expect your pro-rata annual salary to start at £11,351 (£22, 701 FTE) and rise to £11,805 (£23,610 FTE) in October.
You will be joining a dynamic, professional and supportive team committed to high levels of service. We are looking for someone who:
- Is committed to the values of the community banking movement
- Can work under pressure and to daily deadlines
- Has good interpersonal skills
- Has good organisational skills, ability to prioritise and work on own initiative
- Can work as part of a team
- Is flexible, yet focused
- Can be totally confidential
- Is committed to working in a team of paid and volunteer staff
- Is willing to participate in training
Main Roles & Responsibilities of the role are:
- Processing standing orders, benefit payments, payroll deductions and other daily transactions (downloads etc)
- Processing other inward and outward payments for members’ accounts
- Preparing, scheduling and authorising BACS payments
- Maintenance and clearance of SMCCU suspense account(s)
- Processing supplier and other invoices for payment
- Maintenance of purchase ledger
- Assisting the Finance Manager with month end and year end procedures
- Assisting the Finance Manager with other accounting processes
- Assisting the Finance Manager in any other duties required
- Working in collaboration with the Customer Services Team to ensure timely and accurate processing of financial transactions and data
- Development of appropriate processes and procedures as required from time-to-time for Customer Advisers and other staff handling financial transactions
- Providing training on financial procedures and processes for colleagues as required from time-to-time
- Other duties that could be reasonably expected in this post in the best interest of the business
- Accurate and timely completion of the bank reconciliation to ensure that all transactions from the day before have been reconciled and any errors identified and rectified
- Deputising for the Finance Manager as required
- Accurate and timely preparation of journals
- Accurate and timely reconciliation of Smart Goods purchases and payment of loans to the supplier to cover purchases made
Job Types: Part-time, Permanent
Part-time hours: 18.5 per week
Salary: From £11,351.00 per year
Benefits:
- Company pension
- Work from home
Schedule:
- Monday to Friday
Work Location: Hybrid remote in Caerphilly
Application deadline: 29/05/2023
Reference ID: SMART/FO
Candidate Selection & Onboarding Process
Application & Resume Screening
Submit your tailored CV/Resume directly to the talent acquisition portal.
Technical & Competency Interviews
Virtual interviews with the hiring manager and multidisciplinary team.
Formal Offer & Benefits Negotiation
Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.
Onboarding & Corporate Integration
Equipment provisioning, team orientation, and commencement of duties.
United Kingdom Right to Work & Skilled Worker Visa Guide
Employment in the United Kingdom requires legal Right to Work verified under the Home Office Points-Based Immigration System:
Sponsoring employers must hold an active Home Office A-rated Sponsor License and assign a valid Certificate of Sponsorship (CoS). Role must meet the general minimum salary threshold (£38,700) or occupation going rate.
Continuous employment under Skilled Worker status establishes eligibility for Indefinite Leave to Remain (ILR) after 5 continuous years, leading to British Citizenship.
Candidate Preparation Blueprint: General
Based on transatlantic hiring benchmarks for Finance Officer (part-time) roles across Smart Money Cymru Community Bank's corporate sector, successful applicants typically excel across three core dimensions:
Demonstrated portfolio evidence, architecture/system design case studies, or validated professional certifications directly applicable to General.
STAR method competency responses highlighting cross-functional leadership, conflict resolution, and delivering measurable enterprise ROI under tight timelines.
Total compensation expectation aligned within the benchmarked £11,351 - £11,351 bracket, including retirement vesting and health parity.
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