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Job title: Senior Finance Assistant
Job type: Full-time
Location: Oxford
Salary: Competitive salary
Right to work: You must have the right to work in the UK
Application deadline: 7th April 2025
OMass Therapeutics is a biotechnology company based in Oxford discovering medicines against highly-validated target ecosystems, such as membrane proteins or intracellular complexes. The company's unique OdyssION technology platform comprises novel biochemistry techniques, next-generation native mass spectrometry, and custom chemistry. OMass is advancing a pipeline of small molecule therapeutics in rare diseases and immunological conditions, that target solute carriers, complex-bound proteins, and GPCRs.
We are seeking a proactive and detail-oriented Senior Finance Assistant to join our Finance team. The ideal candidate will have excellent attention to detail, experience managing accounts payable in a fast-paced environment and experience implementing systems and automating processes.
This role will be responsible for managing the company's accounts payable processes, ensuring accuracy, efficiency, and compliance in financial transactions. A key focus of this role will be to streamline and automate processes, improving the efficiency of invoice processing, bank reconciliations, and other AP-related workflows.
Requirements
Required Experience and Skills
* Excellent attention to detail
* Strong organisational and time management skills, with the ability to prioritise and deliver high-quality work to deadlines
* Strong understanding of AP best practices, reconciliations, and tax regulations related to accounts payable.
* Proven experience in a fast-paced Accounts Payable, with a track record of process improvements and automation.
* Experience with finance systems and automation tools (e.g., OCR invoice processing, automated bank reconciliations).
* Proficiency in Microsoft Excel and accounting software (e.g. NetSuite).
* Innovative and ambitious mindset, strong problem-solving and analytical skills
* Caring and inclusive, respectful and receptive to others' diverse ideas, experience and perspectives, and enjoys working collaboratively with others as a team.
Role Responsibilities
Accounts payable
* Ensure timely and accurate processing of invoices, including managing the AP inbox, verifying approvals, coding, and resolving any discrepancies
* Maintain up-to-date supplier records and verify supplier details
* Handle supplier queries related to payments, invoices, and account reconciliations
* Prepare and process BACS payment batches for suppliers and staff expenses
* Support month-end and year-end closing activities related to accounts payable
* Carry out bank reconciliations
* Review and process employee expenses for payment
Financial reporting
* Support with the preparation of accruals and prepayments
* Support with monthly and ad-hoc financial reporting tasks
Process improvement and automation
* Identify opportunities to streamline AP-related workflows (invoice processing, reconciliations, payment processes, etc)
* Implement new systems and ways of working to automate AP-related workflows, and drive organisational change management
* Establish best practices and drive continuous improvements in AP and other Financial operations processes
Benefits
OMass offers an excellent benefits package, including:
* Private Health Insurance
* Health and wellbeing cashback scheme
* Life Assurance and Income Protection
* Participation in the Employee Equity Scheme
* 25 days annual leave, plus bank holidays
* Pension Scheme offering 6% employer contribution
* Learning and Development Opportunities
* Company social events
OMass Therapeutics values diversity and is committed to equality of opportunity; we also have full responsibility to ensure that all employees are eligible to work and live in the UK.
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