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For Companies At a Glance
- Tasks: Join a high-performing team to manage full 360 company accounts and process financial transactions.
- Company: HFG partners with a well-established broker in the city, known for its growth and success.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth and development.
- Why this job: Be part of a supportive team where your skills in finance can shine and make an impact.
- Qualifications: Experience in finance, strong communication skills, and attention to detail are essential.
- Other info: Ideal for confident individuals ready to take on responsibility in a thriving company.
The predicted salary is between 36000 - 60000 £ per year.
HFG are delighted to be working with an established broker based in the city, with the task of assisting them finding an experienced IBA Associate. Due to growth plans they are in need of bringing in another candidate to join their high performing team. This role will suit someone who is confident and experienced enough to run a full 360 company account. Key Duties & Responsibilities: * Analysis of bank receipts and payments and accurate and timely processing of related entries on the company accounting system. * Reconciliation of cash receipts and payments with accounting entries within agreed processes and deadlines. * Processing payments to clients (premiums and claims), markets and third parties using the company bank’s internet system – premiums and claims within agreed deadlines to ensure client satisfaction. * Assist with the preparation of IBA bank reconciliations. General Skills & Experience: * Good communication and inter-personal skills. * Good experience of working in a commercially focused finance function and producing management accounts and related reports. * Accurate and strong attention to detail and ability to deal effectively with IBA documentation. …
IBA Associate employer: High Finance (UK) Limited T/A HFG
Contact Detail:
High Finance (UK) Limited T/A HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IBA Associate
✨Tip Number 1
Familiarize yourself with the specific accounting software and systems used in the insurance brokerage industry. Being able to demonstrate your proficiency in these tools during the interview can set you apart from other candidates.
✨Tip Number 2
Highlight your experience with bank reconciliations and cash management processes. Be prepared to discuss specific examples of how you've successfully managed these tasks in previous roles.
✨Tip Number 3
Showcase your communication skills by preparing to discuss how you've effectively collaborated with clients and team members in past positions. This role requires strong interpersonal skills, so be ready to provide examples.
✨Tip Number 4
Research the company’s growth plans and recent developments in the insurance market. Being knowledgeable about the company's direction will help you align your answers with their goals during the interview.
We think you need these skills to ace IBA Associate
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the IBA Associate position. Highlight key responsibilities and required skills, and think about how your experience aligns with these.
Tailor Your CV: Customize your CV to emphasize relevant experience in finance functions, management accounts, and IBA documentation. Use specific examples that demonstrate your attention to detail and communication skills.
Craft a Compelling Cover Letter: Write a cover letter that showcases your confidence and experience in running a full 360 company account. Mention your ability to meet deadlines and ensure client satisfaction, as these are crucial for the role.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects your attention to detail, which is essential for the IBA Associate position.
How to prepare for a job interview at High Finance (UK) Limited T/A HFG
✨Show Your Analytical Skills
Since the role involves analyzing bank receipts and payments, be prepared to discuss your experience with financial analysis. Share specific examples of how you've successfully processed entries and reconciled accounts in previous positions.
✨Demonstrate Attention to Detail
Highlight your ability to maintain accuracy in your work. Discuss instances where your attention to detail helped prevent errors or improved processes, especially in relation to IBA documentation.
✨Communicate Effectively
Good communication is key in this role. Be ready to explain how you’ve effectively communicated with clients and team members in past roles, particularly when processing payments or handling client inquiries.
✨Prepare for Technical Questions
Familiarize yourself with the company’s accounting system and any relevant software. Expect technical questions about your experience with payment processing and bank reconciliations, and be ready to discuss how you handle these tasks efficiently.
