Finance Administrator

We are looking to recruit a meticulous and experienced part-time Bookkeeper. This role will serve as maternity cover and is required for 3 days per month.

About Magnitude Biosciences

Magnitude Biosciences is a specialist contract research organisation delivering solutions to the longevity, nutraceuticals, and pharmaceutical industries. We are a team of multidisciplinary experts who combine our expertise of the nematode worm C. elegans, novel automated assays and proprietary WormGazer technology to deliver rapid bespoke solutions to our customers. Delivering the potential of C. elegans, a proven in vivo model at a fraction of the cost of mammalian studies, we can accelerate and de-risk product development and go-to-market plans for our clients to improve human, animal and environmental health.

We are a small but fast-growing company who started off as a Durham University spin-out and are successfully working with industry customers including longevity biotechs, nutraceutical, food supplement and manufacturing companies.

Magnitude Biosciences is currently situated at NETPark, a science park in Sedgefield, 10 miles from both Durham City and Darlington. You will be based at our Sedgefield site.

Key responsibilities

• Manage accounts payable and accounts receivable processes
• Track and manage cash flow
• Preparation of monthly management accounts, completing month end; for accurate delivery of month end accounts.
• Conduct bank reconciliations and maintain general ledgers
• Process payroll and ensure timely payments to employees
• Assist in budget preparation and monitoring
• Handle tax computations and submissions
• Collaborate with team members to streamline financial operations
• Other duties as may be required

Requirements:

• Proven experience as a Bookkeeper or in a similar role
• Solid understanding of basic accounting principles and procedures
• Proficiency in accounting software (Xero would be advantageous) and MS Office, particularly Excel
• Strong organisational skills and attention to detail
• Excellent communication and interpersonal abilities
• Relevant qualification (e.g., AAT, ACCA) or equivalent experience

Hours: 21 hours per month

Salary: £22,000 pro rated

Contract length: 6 months

Pay: From £22,000.00 per year

Schedule:

• Day shift
• Monday to Friday

Work Location: In person