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Railpen

Finance Analyst Accounting Operations

Posted 12 Days Ago
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In-Office
Darlington, Durham, England
Entry level
In-Office
Darlington, Durham, England
Entry level
Supports Treasury within Accounting Operations by processing daily payments, completing bank reconciliations, maintaining sub-ledger records, and assisting with general ledger close activities. The role operates within financial controls, collaborates with Finance and business stakeholders, meets daily deadlines, maintains accuracy, and identifies process and systems improvements. It suits an early-career finance professional seeking to develop a long-term career in transactional accounting.
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Finance Analyst
Intro

A very exciting opportunity has arisen for a Finance Analyst to join our Finance Team on a permanent basis in our Darlington offices. This role operates in a hybrid working environment.

Who we are

Railpen is responsible for the safekeeping and investment of around £34 billion in assets and the administration of several pension schemes, including the Railways Pension Scheme, one of the UK's largest and longest established pension funds.

Our heritage of looking after the pension needs of the rail industry and its employees gives us our name and our unique outlook on how we serve our members. Railpen takes a holistic view, focusing on how we serve members today and how we can positively impact the communities and the world they will retire into.

To learn more about Railpen including our values, culture and purpose, visit our LinkedIn Life page here.   

The role

The Finance Analyst will support the Treasury pillar within Accounting Operations, assisting with daily payments, bank reconciliations, and transactional processes. You’ll be responsible for inputs into the sub ledger and general ledger close process, working within a robust financial control’s framework. A key part of the role is working closely with finance teams as well as the wider business to ensure accuracy, compliance, and efficiency. You will also identify opportunities for improvement across the process systems under your control.  

This role is not eligible for visa sponsorship. Applicants must have the legal right to work in the UK.

What you’ll be doing:
  • Supporting the Treasury pillar within Accounting Operations.

  • Assisting with daily payments, bank reconciliations, and transactional finance processes.

  • Inputting and maintaining accurate records within the sub ledger and supporting the general ledger close process.

  • Working within a robust financial controls framework to ensure compliance and accuracy.

  • Collaborating with Finance colleagues and stakeholders across the wider business.

  • Supporting the efficient operation of accounting processes and controls.

  • Identifying opportunities to improve processes and systems under your control.

  • Working to clear daily deadlines while maintaining a high level of accuracy.

What we’re looking for:

Essential

  • Ability to work towards clear daily deadlines in a structured, process-driven environment.

  • Strong attention to detail and commitment to accuracy.

  • Ability to support financial controls and transactional finance activities.

  • A proactive approach to identifying process improvements.

  • Strong organisational skills and the ability to take ownership of your work.

  • A collaborative approach and willingness to work with colleagues across Finance and the wider business.

  • Motivation to build a long-term career in finance.

Desirable

  • Experience within treasury, accounts receivable, accounts payable, or accounting operations.

  • Experience of sub ledger and general ledger processes.

  • Previous experience working within a transactional finance environment.

  • Recent graduate status or early-career finance experience.

  • Experience of working within a financial controls framework.

Our values of integrity, community and alignment are the guiding principles that influence our behaviour. They help us make decisions and shape our relationships with others. They’re what we stand for. You will actively demonstrate our values, helping to create a safe environment, to place the needs of the community above oneself and, through a culture of ‘fair challenge’, align to the best interests of our members. 

What we can offer youRewarding you
  • A competitive salary (depending on experience)

  • 28 days annual leave plus bank holidays

  • Generous annual bonus plan

  • We provide membership of the Railways Pension Scheme, a Defined Benefit arrangement under which you get a pension for life and a lump sum when you retire, based on your length of service and pay

  •  4x Life Assurance cover

  • Colleague referral scheme

Heath & Wellbeing
  • Private Medical Insurance

  • Employee assistance programme

  • Health cash plan

  • Eye care vouchers

  • Flu vaccination

Lifestyle
  • We support hybrid and flexible working along with very generous family leave including 12 months full pay maternity leave and 6 months full pay paternity leave

  • Buy and sell holidays

  • Give as you earn scheme

  • Paid volunteering days

  • Flexible half days leave

  • Electric vehicle leasing

  • Cycle to work scheme

Next Steps

Please apply through the apply button or visit Careers Page by 5pm on Wednesday 2nd September 2026.

Railpen is committed to creating an inclusive and diverse environment, we value diversity and welcome people from all backgrounds and walks of life

HQ

Railpen London, England Office

7th Floor, 100 Liverpool Street, City of London, , London, United Kingdom, EC2M 2AT

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