ApexHire
United Kingdom (UK) 🛡️ UK Work Eligibility 💼 Full Time
Smart Money Cymru Community Bank - Finance Officer (part-time)

Finance Officer (part-time)

📍 Caerphilly, Wales 🕒 2 days ago
Verified Base Compensation
£11,351 - £11,351 / year
£946 - £946 / mo Apply Now →
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Official Specifications

Role Overview & Mandate

Executive Summary

Smart Money Cymru Community Bank is a progressive and growing financial cooperative providing affordable and ethical finance and banking services...

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Verified by ApexHire Intelligence Desk Active Audit

Reviewed by Compensation & Visa Analysts
Sources: USCIS E-Verify & Home Office CoS

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

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Compensation Analytics

Estimated Take-Home Pay

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Projected statutory deductions based on standard single-filer baseline tax regulations in the United Kingdom corridor.

Gross Annual Package £11,351 - £11,351
Est. Income Tax Band 20% Basic Rate Band
Statutory Insurance / FICA 8% Class 1 National Insurance (NI)
Estimated Monthly Net £757 - £738 / mo
Regional Economics

Cost of Living (Caerphilly, Wales)

Bureau Data
Est. Rent (1-Bed)
£1,100 - £1,750
Monthly Utilities
£140 - £210
Cost Index
112.5
Disposable Tier
Top 15% Rank
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Compliance Standards

Work Authorization Framework

Verified Status: UK Work Eligibility
Corridor: UK Employment Corridor
🛡️ Zero Fee: Direct corporate recruitment with zero placement charges.

Candidate Selection Pipeline

Direct Corridor Track
01
Direct Apply

Submit verified credentials & CV.

02
HR Screening

2-4 day credential verification.

03
Technical Panel

In-depth domain & team interview.

04
Official Offer

Corridor contract & relocation.

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