Finance Officer London 2024

We are the corporate foundation of Thomson Reuters, the global news and information services company. As an independent charity, registered in the UK and the USA, we work to advance media freedom, foster more inclusive economies, and promote human rights. Through news, media development, free legal assistance and convening initiatives, we combine our unique services to drive systemic change.

We are seeking a detail-oriented and experienced Finance Officer to join our team at the Thomson Reuters Foundation. The Finance Officer will be responsible for managing Accounts Payable (AP), Accounts Receivable (AR), and Bank reconciliations to ensure accuracy and efficiency in financial transactions.

About the role

As a Finance Officer at the Thomson Reuters Foundation, you will:

Accounts Payable (AP)

  • Review and ensure that Vendor Setup requests are aligned to TRF AP process for the CFO approval.
  • Ensure that vendor invoices are processed accurately and on a timely basis by the AP processing team.
  • Ensure compliance with company policies and procedures for approving and processing payments.
  • Reconcile vendor statements and resolve any discrepancies.
  • Process payments via Western Union in the absence of the Senior Finance Analyst.

Accounts Receivable (AR)

  • Generate and send customer invoices promptly and accurately in coloration with Program Managers and Business Development as required.
  • Monitor accounts receivable aging and follow up on overdue payments with PM.
  • Record customer payments in the accounting system and reconcile accounts receivable ledger.
  • Investigate and resolve any billing discrepancies or disputes.

Bank Reconciliations

  • Review monthly bank reconciliations for all bank accounts including identifying, investigating, and resolving discrepancies between bank statements and accounting records.
  • Record and reconcile bank fees, interest, and other transactions.
  • Provide support during audits by responding to inquiries and as requested.
  • Collaborate with other departments to ensure accurate recording and reporting of financial transactions.
  • Identify opportunities for process improvement to enhance efficiency and accuracy in financial operations.

About you

As a Finance Officer at the Thomson Reuters Foundation, you will likely have:

  • Bachelor’s degree in accounting, Finance or experience in bookkeeping, working in a finance or in an accounting role, with specific experience in AP, AR, bank reconciliations, accounting principles and regulations
  • Proficiency in accounting software e.g., SAP and MS Excel.
  • Strong analytical skills, attention to detail, excellent organizational and time management skills.
  • Ability to work independently and collaboratively in a fast-paced environment.
  • Effective communication skills, both verbal and written.

What's in it for you?

You will join our inclusive culture of world-class talent, where we are committed to your personal and professional growth through:

  • Hybrid Work Model: We’ve adopted a flexible hybrid working environment (2-3 days a week in the office depending on the role) for our office-based roles while delivering a seamless experience that is digitally and physically connected
  • Wellbeing: Comprehensive benefit plans; flexible and supportive benefits for work-life balance: flexible vacation, two company-wide Mental Health Days Off; work from another location for up to a total of 8 weeks in a year, 4 of those weeks can be out of the country and the remaining in the country, Headspace app subscription; retirement, savings, tuition reimbursement, and employee incentive programs; resources for mental, physical, and financial wellbeing.
  • Culture: Globally recognized and award-winning reputation for equality, diversity and inclusion, flexibility, work-life balance, and more.
  • Learning & Development: LinkedIn Learning access; internal Talent Marketplace with opportunities to work on projects cross-company; Ten Thousand Coffees Thomson Reuters café networking.
  • Social Impact: Ten employee-driven Business Resource Groups; two paid volunteer days annually; Environmental, Social and Governance (ESG) initiatives for local and global impact.
  • Purpose Driven Work: We have a superpower that we’ve never talked about with as much pride as we should – we are one of the only companies on the planet that helps its customers pursue justice, truth and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world.
Rolling deadline