Senior Finance Assistant

OMass Therapeutics; Oxford; On-site; GBP 25,000 - 45,000; Full time

Job description

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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.