Finance Administrator, University of West London

The University of West London (UWL) presents an exciting opportunity for a dedicated individual to join their esteemed Treasury Team as a Financial Transactions Administrator. This role offers a chance to contribute to the smooth financial operations of a highly-regarded institution, recognized for its commitment to student success and staff diversity.

About the University of West London:

UWL is a distinguished institution with a strong reputation, evidenced by its rankings in The Guardian University Guide and The Times/The Sunday Times Good University Guide. The university prides itself on fostering a vibrant and inclusive community, celebrating diversity and actively promoting values of inclusivity, progression, and success. Joining UWL means becoming part of an environment that champions achievement and supports its staff.

The Opportunity: Financial Transactions Administrator

This role is central to the University's financial health, focusing on the accurate and efficient management of a wide range of financial transactions. You will play a crucial part in the day-to-day financial activities, including handling student fees, accommodation income, and various other payments. This position offers hands-on experience in core financial processes and the opportunity to develop a robust understanding of treasury functions within a large organization.

Key Responsibilities Include:

• Processing and reconciling high-volume daily financial transactions.
• Preparing financial journals and completing accurate bank reconciliations.
• Administering payments and processing refunds efficiently.
• Supporting debt collection activities to ensure financial recovery.
• Providing clear guidance on financial procedures to students and staff.
• Ensuring compliance with all University financial policies.

Advantages for Potential Candidates:

• Career Growth in Finance: This role provides a solid foundation in transactional finance and treasury operations, ideal for individuals looking to build a career in the financial sector. Experience gained here can be a stepping stone to more advanced accounting and finance roles.
• Exposure to Diverse Financial Systems: You will gain practical experience with key financial systems and banking platforms, including Barclays, WPM, SagePay, and BACS. Proficiency in these tools is highly valued in the current job market.
• Contribution to a Prestigious Institution: Working at a highly-ranked university offers a sense of purpose and the opportunity to contribute to an environment dedicated to education and student well-being.
• Development of Essential Financial Skills: The role emphasizes attention to detail, accuracy in record-keeping, and strong organizational abilities – all critical skills for any finance professional.
• Supportive and Inclusive Environment: UWL is committed to diversity and inclusivity, creating a welcoming workplace where all staff feel valued and supported.

Key Considerations for Your Career Path:

• Essential Skills: Proven experience in financial administration, treasury, or transactional finance is a must. Strong numeracy, a meticulous eye for detail, and proficiency with financial systems are paramount. Your ability to manage high-volume transactions and meet deadlines under pressure will be key to your success.
• Higher Education Sector Experience: While not essential, prior experience in a higher education or student-facing environment is desirable. This would provide a quicker onboarding and a deeper understanding of the unique financial landscape of a university.
• Debt Collection Familiarity: Experience with debt collection processes, including setting up payment plans, is a valuable asset. If this is an area you're looking to develop, this role offers that exposure.
• Qualifications: While GCSEs in Maths and English are essential, a relevant finance or accounting qualification (such as AAT) is desirable. Pursuing such qualifications alongside this role could significantly enhance your long-term career prospects.
• Continuous Learning: The role requires staying updated on financial regulations and internal control procedures. Embracing a mindset of continuous learning will be beneficial for career advancement.

This Financial Transactions Administrator position at the University of West London is an excellent opportunity for an organized and detail-oriented individual to make a significant impact within a respected academic institution. It offers a practical, hands-on experience that can be instrumental in shaping a successful career in finance.