My client is looking for a Cash Management and Reconciliation Assistant to join their payments team. This is a 6 months’ temp role which requires an” all-rounder” who is able and willing to undertake any tasks from general customer and supplier processing through to reconciling bank and control accounts, and updating the fixed asset register with oversight from the Financial Controller. Key responsibilities will be reconciling bank accounts daily, dealing with cash related queries and assisting the FC where required. The role will involve working in a fast-paced environment where the ability to work under pressure and to clearly defined deadlines is key. The role will be reporting directly to the Financial Controller and will provide an opportunity to develop and a career foundation for the right candidate.
Experience within a financial services company is preferable.
Responsibilities with oversight from the FC:
Reconciling bank accounts
Balancing control accounts
Fixed asset register
Purchase ledger processing and payments
Understanding of preparation of accounts to Trial Balance
Managing payment processing of loans
Processing and reconciliation of loan repayments
Ensuring that invoices and credits are accurately reported to budget lines
Reconciling supplier statements
Processing BACS payment runs and allocating payments to invoices
Liaising with suppliers to resolve queries
Placing ad hoc online orders and making credit card payments
Liaise with suppliers and oversee contracts with office suppliers
Depositing of cheques
Generating audit reports and work with the auditors
Assisting the rest of the team as required
Ad hoc reporting as required
Preferable – Working towards AAT, ACCA or CIMA
Excellent knowledge and understanding of Accounting Principles and Procedures
A knowledge of the financial services industry
Very strong Excel skills
A knowledge of the insurance financial services industry
Knowledge of Money Laundering Regulations
Knowledge of FCA policies as it relates accounting practices and principles, is desirable
Knowledge of the consumer lending sector and understanding how this applies to this role, is desirable
Experience within consumer lending is also desirable but not essential
Good listening, questioning and information gathering skills.
Good attention to detail
Good interpersonal and communications skills
Strong numerical skills
Ability to work under pressure and to tight deadlines.
Good analytical skills
Be adaptable to deadlines and challenging requirements
Be methodical, accurate and possess a positive and proactive approach to work and prioritising workload.
Excellent interpersonal and communications skills both written and verbal
Ability to work in a professional manner whilst maintaining a highest level of confidentiality.