Vacancy Detail

Reconciliations Analyst

Salary: £25,000pa
Location: London
Ref: 295 - RA - KJ
Job description
We’re, experts in moving money around the world. As a fast growing FinTech business, we specialise in making foreign exchange simple, fast and fuss-free for people and businesses with global ambitions. Using the best technology with award-winning customer service, we’ve helped over 150,000 people, small businesses and online sellers transfer over £70bn since we launched in 2004. Our clients never stop and neither do we. As a result of this we are looking to hire a Reconciliations Analyst to join our growing team.
We are in the process of migrating all our dealing bank reconciliations and liquidity management onto a Treasury Management ERP system. The role is to ensure the successful launch of the new bank reconciliations process, both for existing data and any breaks arising, and for the controls end-to-end from the dealing system to the treasury management system and to the general ledger.

The Reconciliations Analyst will be a key member of the Finance Change team, supporting the current project of the development of the reconciliations function and ensure it operates effectively to reduce all risk and support the ongoing requirements of the companies growth. The Reconciliations Analyst will be capable of working independently,motivated and eager to learn the detail of the interactions between systems.

Key Responsibilities:

Contribute towards the implementation of all daily bank reconciliation processes using the new automated format. Develop and carry out all reconciliation testing to ensure these are performing efficiently
Analysis of the take-on balances for specific accounts, identifying and recording issues
Working with various departments, clear any take-on breaks through data feed fixes or operational adjustments. Accurately record any amendments
Generate systematic and accurate management information on aged transactional and balance breaks
Installation and maintenance of the controls across the various systems and to the bank
Accurate recording of the daily reconciliation and control processes
Training of the team in the new systems
Achieve efficient handover.
Carry out audit work relating the reconciliations and breaks
Skills & Qualifications:

Minimum 5 years analytical experience in volume transaction and balance reconciliations or Finance system migration
Experience in auditing or control
Accountancy qualification preferred
Experience in payments or financial services companies would be beneficial
Confident communicator
Good attention to detail
Implement best practice for internal controls and governance practices for reconciliations
Thorough understanding of Microsoft Excel for analysis and finance systems

Take charge of you career and apply today!