Finance and administration
Finance and Administration is a broad business area focused on the performance of the day-to-day financial activities that keeps an organisation running efficiently and effectively.
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Professionals who work in finance and
administration perform an essential role in helping a company to manage its financial resources. Roles in this area oversee and perform the everyday financial tasks that enables the company to track income and expenditure, record business transactions and make sure all financial information is visible, organised and useable by management. Activities vary considerably depending on the role but will typically focus on:
- bookkeeping activities e.g. accurately recording financial transactions
- managing the accounts receivable and accounts payable
- managing and monitoring company expenditure and income
- handling invoicing and credit control
- routine production of financial reports
- ledger maintenance and control
- preparing budgets
Roles in this business area include bookkeepers, finance officers, credit controllers and ledger clerks.