1st Formations
Finance
AssistantManagementAccountant
Neural analysis suggests this role is
optimal for Entry candidates.
“Assistant Management Accountant at 1st Formations. Skills: Management Accounting, Financial Operations, Record Keeping, Transaction Processing, Financial Reporting. Process and post purchase ledger invoices, ensuring accurate coding to cost centres using Spendesk, AutoEntry and Xero. Prepare and process weekly payment runs, ensuring all relevant approvals are obtained”
Industry & Context.
What They're Looking For.
Must Have
AAT Level 4 qualified or currently studying ACCA (or equivalent), Minimum 1–2 years’ experience in a finance or accounts role, Experience in purchase and sales ledger processing, Good working knowledge of cloud-based accounting systems such as Xero, Sage or QuickBooks, Microsoft Excel skills including VLOOKUPs, pivot tables and basic formulas, Solid understanding of UK accounting principles and SME business finance, Highly organised with attention to detail and the ability to manage multiple priorities and meet deadlines, communication and stakeholder management skills, Proactive, self-motivated and able to work independently as well as collaboratively within a small team, Discreet and trustworthy when handling confidential financial information, A continuous improvement mindset, Ambitious and motivated to continue progressing professionally through accounting qualifications and career development
Nice to Have
exposure to payroll, credit control and bank reconciliations desirable, study support available for the right candidate
What You'll Do.
Process and post purchase ledger invoices
ensuring accurate coding to cost centres using Spendesk
Prepare and process weekly payment runs
ensuring all relevant approvals are obtained
Oversee the monthly payroll process and manage the relationship with the external payroll provider
liaising with the Chief of Staff
Head of People & Culture and other relevant stakeholders to obtain accurate payroll data
Ensure timely payment of contractors and HMRC payroll liabilities
Raise and issue sales invoices in a timely manner for invoiced services
including business centre and partnership revenues
Ensure receipts are received and follow up with merchant payment providers or relevant contractors where required
Perform monthly bank reconciliations across all company accounts
Assist with month-end processes
including the preparation of monthly management accounts and financial reports
Process employee expense claims through Spendesk and ensure compliance with company policies
Provide daily cash reporting to the CEO and assist with cash flow forecasting
Maintain accurate and up-to-date financial records within the accounting system (e.g. Xero
Liaise with suppliers and internal stakeholders to resolve invoice and payment queries efficiently
Monitor the finance inbox and postal correspondence
ensuring all items are dealt with appropriately and escalated where necessary to the Head of Finance
Finance Manager or other relevant colleagues
Manage company debit cards
bank correspondence and finance documentation/safe
Assist with year-end audit preparation and provide supporting documentation as required
Carry out ad hoc analysis and provide support on additional finance tasks as required
How You'll Work.
Team & Collaboration
Liaising with the Chief of Staff, Head of People & Culture and other relevant stakeholders to obtain accurate payroll data; Liaising with suppliers and internal stakeholders to resolve invoice and payment queries efficiently; Escalating items where necessary to the Head of Finance, Finance Manager or other relevant colleagues; Working collaboratively within a small team
Communication Scope
Communication skills; Stakeholder management skills; Confidence liaising with suppliers, colleagues and senior management
Full Job Description
About 1st Formations At 1st Formations, we empower entrepreneurs to start, run, and grow their businesses with confidence. Running a business shouldn’t be slowed down by company formation, statutory compliance, accounting, or payroll. From day one, these essentials should be seamless, reliable, and intelligently handled — freeing founders to focus on building and scaling. We’re a leading UK provider of company formation and compliance services, building a modern, fully integrated technology platform that supports founders at every stage of their journey. Our platform brings together formation, compliance, accounting, payroll, and ongoing business support in one cohesive experience. No stitched-together services. No legacy workflows disguised as software. Just a single, scalable platform built for ambitious founders who want to move fast, stay compliant, and grow with confidence. Why Join Us Now? You’ll be joining a business with strong momentum, clear direction, and real opportunity for progression. · £18m annual revenue, including £9m ARR · Over 1 million companies formed · Certified B Corp and Carbon Neutral Business · Forecast to grow 5x–10x over the next three years The Role The Assistant Management Accountant supports the day-to-day financial operations of the business, ensuring accurate record keeping, timely processing of transactions, and reliable financial reporting. This is a varied, hands-on role suited to a detail-oriented individual who enjoys working in a fast-paced SME environment and is looking to develop a long-term career in finance and management accounting. Key Responsibilities - Process and post purchase ledger invoices, ensuring accurate coding to cost centres using Spendesk, AutoEntry and Xero - Prepare and process weekly payment runs, ensuring all relevant approvals are obtained - Oversee the monthly payroll process and manage the relationship with the external payroll provider, liaising with the Chief of Staff, Head of People & Culture and o
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