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Finance Administrator: Key Skills, Qualifications and Career Path

Learn about the key skills, qualifications, and career path for a Finance Administrator

On this page

– What is a Finance Administrator?

– Skills

– Qualifications & Education

– Career Path

– FAQ

What is a Finance Administrator?

As a Finance Administrator in local government, you will be responsible for handling financial and accounting tasks such as budget management, financial reporting, and invoice processing within your local council or government department. Your duties may also involve ensuring financial regulations are adhered to, dealing with payments and receipts, and assisting with auditing processes.

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Skills

Financial management and budgeting
Knowledge of local government finance regulations and procedures
Proficiency in financial software and spreadsheets
Attention to detail and accuracy in financial record keeping
Strong analytical and problem-solving skills
Effective communication and interpersonal skills
Ability to work independently and meet deadlines
Knowledge of procurement and contract management processes
Understanding of financial reporting and analysis
Ability to maintain confidentiality and handle sensitive information

Qualifications & Education

Entry with GCSEs/S grades
Evidence of keyboard skills may be required
On-the-job training provided
Off-the-job training provided
NVQs/SVQs in Administration available at Levels 2 and 3

Career Path

Finance Administrator

Financial Analyst

Finance Manager

Chief Financial Officer

Chief Executive Officer

Accountant

Financial Controller

Finance Director

Payroll Administrator

Payroll Manager

Human Resources Manager

Accounts Payable Clerk

Accounts Payable Supervisor

Accounts Payable Manager

Bookkeeper

Accounting Manager

Controller

Frequently Asked Questions

What does finance administrator do?

A finance administrator in the UK is responsible for managing accounts receivable and payable, tracking expenses, maintaining records of invoices and tax payments, processing reimbursements, preparing financial statements and budgets, and analyzing financial risks and cash flow.

What is the career path of a finance administrator?

The career path of a finance administrator in the UK can include progression to roles such as senior finance officer, supervisor, team leader, or finance manager. Additionally, one can choose to pursue further qualifications and become a qualified accountant or accounting technician.