Assistant Accountant

Assistant Accountant London, England

Transport for London
Full Time London, England 38000 GBP ANNUAL Today
Job description

Job - General Finance
Position Type - Full Time

Job Title -
Assistant Accountant
Salary – Circa £38,000 per annum (dependent on experience) plus excellent benefits
Location – Pier Walk, London with Hybrid ways of working
Contract Type – Fixed Term Contract / Secondment – 14 months (TfL)

Hybrid working within this role enables a balance of 50 per cent of time split between the office and home over a 4-week period. Hybrid working arrangements can evolve subject to business requirements.


The RCC Payments Specialist role sits within the Record to Account team as part of the Business Services Finance function. The role holder supports the team in delivering accurate financial accounting and reporting services on a periodic basis to both internal and external stakeholders.

Key Accountabilities

  • Review and reconcile the balance sheet accounts on a periodic basis producing appropriate working papers, supporting documentation and ensuring issues are identified and escalated where appropriate
  • Provide clear reporting to the Manager to enable escalation of issues to the business where appropriate
  • Participate in team review meetings and escalate any issues promptly
  • Comply with applicable corporate policies, internal controls and procedures
  • Deliver against defined process area KPIs
  • Work with other areas of the business to resolve outstanding issues by building relationships with the teams within finance and the wider business

Key Interfaces

Accountable to the Manager.
Finance: Work with retained finance across TfL including group finance, tax and treasury as part of any business-as-usual process hand-offs
Business: Work with embedded finance teams in the business units to exchange information where appropriate

Skills, Knowledge, and Experience – all are essential unless otherwise stated


  • Ability to learn and use new financial tools and reporting systems
  • Ability to communicate to finance and non-finance audiences


  • Accounting qualification (desirable)
  • Knowledge of financial accounting principles and standards
  • Knowledge to interpret and report financial information and data to a high standard
  • Knowledge of reconciliation tools
  • Knowledge of financial compliance and reporting requirements including an understanding of business processes, systems, and controls


  • Experience of working in a multi-faceted environment dealing with multiple stakeholders
  • Experience in using ERP systems; SAP experience desirable
  • Experience of reconciling control accounts in a large and complex organisation
  • Extensive experience to manipulate and use complex spreadsheets

Equality, diversity and inclusion
We are committed to equality, diversity and inclusion. We want to represent the city we serve, which will help us become a more innovative and efficient organisation. Our goal is to make our recruitment as inclusive as possible. We are a disability confident employer who guarantee an interview to any disabled candidate who meets all of the essential criteria. We also use anonymising software that removes identifying information from CVs and cover letters to make the process fair.

Application Process

  • Please apply using your CV and a one page covering letter. PDF format preferred and do not include any photographs or images.
  • Think carefully about the skills, knowledge and experience in the advert and cover this in your CV and cover letter. PDF format preferred and do not include any photographs or images.
  • In your cover letter, please also clearly state which Accounting Qualification you currently hold. If you do not hold one, but are working towards qualification, please state which qualification and when you are expected to qualify.

The closing date for applications is 29/09/2023 @ 23:59


In return for your commitment and expertise, you will enjoy excellent benefits and scope to grow. Rewards vary according to the business area but mostly include:

  • Final salary pension scheme
  • Free travel for you on the TfL network
  • Reimbursement of 75% of the cost of a standard class Ticket for National Rail travel from home or 75% reimbursement on a 28-day flexi ticket
  • 30 days annual leave plus public and bank holidays
  • TfL is committed to work-life balance, operating a hybrid working approach where business and role requirements allow
  • Private healthcare discounted scheme
  • Tax-efficient cycle-to-work programme
  • Retail, health, leisure and travel offers
  • Discounted Eurostar travel

Fixed term contract for 14 months
As a fixed term contractor we can offer you a choice of pension arrangements. If you choose not to take our final salary pension scheme you will be paid an allowance on top of your salary, subject to Tax and National Insurance. We will share all the details with you at offer stage and the choice will be yours based on your circumstances. Depending on what you choose you can add up-to 14% to your salary.

Assistant Accountant
Transport for London
London, United Kingdom
Andy Byford
$5 to $10 billion (USD)
10000+ Employees
Taxi & Car Services
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