Reconciliation Accountant (6mth FTC) - this role is hybrid with one day per week in the London office

Job description

The Role

Fixed Term Contract 6 months with potential to extend. This role is ring fenced to the Transformation Programme as the Bank changes the Ledger to an ERP.

The Reconciliation Accountant will be responsible for ensuring all the Balance Sheet accounts are reconciled in all three currencies in timely manner meeting deadlines. There is a team of three in place.

The successful applicant will sit at the heart of our data driven and customer focused organisation, producing high quality work in dynamically changing environment. In the role you will be required to ensure accuracy and integrity of all financial records, following compliance processes and regulations, assisting in the year end audit preparation and review.

Key Accountabilities Include

Key Tasks

• Reconciliations and Transformation Programme
• Investigating and clearing historic issues.
• Reconciling to known data sources reconciling data sources for deposits, overdrafts, credit cards.
• Two-way reconciliations where appropriate
• Documenting instructions for reconciliation and controls
• Deep dive into incoming/outgoing cash against the cash files, dealing with other departments for resolution of any issues that might arise.
• Faster Payments Scheme, Mastercard, BACS, Control accounts, Suspense accounts
• Detailed understanding of extract and processing of daily files from the card processing system on a daily basis.
• MasterCard daily settlement advisement reconciling to movements on the aggregate cardholder balance.
• Investigating cardholder adjustments file to Sage financial ledgers and resolving any errors / incorrect fee codes.
• Reconciliation of debtor s cash posted by distributor reconciliation template and Sage accordingly.
• Reviewing and reconciling MasterCard settlements processed.

Project support

• Assist with the implementation of a new ERP system.
• Financial accounting policy
• Ensure compliance with the Financial Control Framework and Accounting Policies.

You'll Need to Have

Essential

Data Cleanse for a transformation programme

Experience in a similar role within a banking/regulated financial services organisation, or within an external audit function.

An accounting qualification +3PQE (ACA, CIMA, ACCA)

Fast paced change programme with adherence to timeframes

Strong understanding of payment platforms & systems workings

Detailed understanding of accounting entries and working with volumes of data

Experience of process design, documentation and improvement

Previous experience of preparing complex reconciliations within the regulated financial services sector.

Pro-active, quick learner with a common sense approach to problem a solving.

Meticulous attention to detail and familiarity with detailed bank / cash reconciliations.

Team player but able to work on own initiative.

Comfortable liaising across all levels of the organisation with good communication skills.

Must have the ability to be successful working in a fast-paced, forward-thinking environment.

Capable dealing with internal and external stakeholders cross departments, auditors and the leadership team

Excellent time management skills

Excellent analytical, communication and influencing skills (both written and oral).

Professional can do attitude and work ethic.

Strong Excel skills

Desirable skills:

Experience of Sage/Netsuite

Supervisory experience

Team Hybrid Working Style

We are very proud to offer one of the most flexible hybrid working arrangements in the industry!

The expectation for this role, will involve a minimum of one day each month - working out of our London Bridge office.

Please only apply if you have the "Right to Work" in the UK, the client is NOT offering sponsorship for this role.