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For Companies At a Glance
- Tasks: Manage bank reconciliations and support finance operations in a dynamic team.
- Company: Join Pinnacle Pet UK, a leader in pet insurance dedicated to happy pets and their owners.
- Benefits: Enjoy a collaborative culture, opportunities for growth, and the chance to work with pets.
- Why this job: Be part of a mission-driven company that values performance, innovation, and teamwork.
- Qualifications: Experience in bank reconciliation, strong communication skills, and a knack for problem-solving required.
- Other info: This is a 6-month fixed-term contract with potential for growth in the finance sector.
The predicted salary is between 30000 - 42000 £ per year.
Our Mission
Happy, healthy pets make for happy, healthy people. We aim to strengthen the unique bond between pets and their parents through our innovative products and services, enabled by brilliant colleagues who embody our values of performance, exploration, togetherness, and sustainability.
Our Journey
In 2016 we set out to focus entirely on pet insurance with pets and families at the centre of our business strategy and in 2017 launched a new brand, EveryPaw. To offer our customers a choice of insurance options for their pets, we also focused on finding the right partners to support our growth ambition. Our first big partnerships with Sainsbury and Argos went live in 2019. Many talented colleagues have joined us, and we now partner with a number of fantastic brands across the retail, charity, and financial services sectors. We’ve developed new capabilities, new platforms, and new services specifically for our partners to achieve the best customer experience. Over the last 6 years, the number of pet parents we support has grown five-fold to over half a million in 2023. Together we’ve built the leading Pet Partnership business in the UK and are proud to support and engage pet parents every day to ensure happy and healthy pets.
Our ambition
We’re delivering long-term success and growth through empowerment and strong collaboration focusing on our two own brands; EveryPaw and Pet Protect and building great relationships with our partners to provide market-leading products, innovative new services, simplicity, and a great customer experience. Our goal is to support over 1 million pet parents by the end of 2026. Pinnacle Pet UK provides great opportunities for those who love pets, want to learn, be challenged, and develop. As a team, we are focused on performance and great customer outcomes. We support each other to achieve our individual and collective goals and have a culture where everyone can be authentic, diverse, and innovative and truly be the best version of themselves supporting what we do best – pets.
FTC for 6 months
Key Responsibilities:
- To take sole responsibility for several bank reconciliations between bank statements and the general ledger.
- To carry out selected bank reconciliations.
- Preparing Month End Journals for all allocated Companies.
- Downloading Barclays, RBOS, and Natwest Bank Statements on a daily basis.
- Clearing any outstanding entries on the Bank Reconciliations on a monthly basis, liaising with other departments where necessary.
- Daily processing of direct debit collections and rejected direct debits.
- Daily reconciliation and processing of claim payment files.
- Dealing with bank personnel with issues relating to BACS payment rejections, unpaid Direct Debits, failed payments, and stopping cheques.
- Daily reconciliation of set accounts within our bank reconciliation system.
- Support and cover for our purchase ledger team.
- To carry out ad hoc duties relating to the Operations section of Finance as determined by the Manager- Banking & Premium Reconciliations or the Senior Finance Manager- Operations.
Successful Candidates Will Have:
- Previous bank and ledger reconciliation experience.
- Experience of process improvements in a Finance environment.
- Excellent communication skills (verbal and written).
- Excellent problem-solving skills and the ability to resolve queries.
- Comfortable working under pressure and meeting strict deadlines.
- The ability to work as part of a team as well as on own initiative.
- Excellent organisational skills with the ability to prioritise workload.
- Bookkeeping and understanding of double entry.
- Recent bank reconciliation skills with high volume account.
- Previous experience in a similar role within the insurance industry.
Banking Administrator employer: Keoghs
Contact Detail:
Keoghs Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Banking Administrator
✨Tip Number 1
Familiarise yourself with the specific banking software and reconciliation processes mentioned in the job description. Understanding how to navigate these systems will give you a significant edge during the interview.
✨Tip Number 2
Highlight your experience with bank reconciliations and any process improvements you've implemented in previous roles. Be ready to discuss specific examples that demonstrate your problem-solving skills and ability to work under pressure.
✨Tip Number 3
Research Pinnacle Pet UK and their mission to support pet parents. Showing genuine interest in their values and goals during your conversation can help you stand out as a candidate who aligns with their culture.
✨Tip Number 4
Prepare questions about the team dynamics and collaboration within the finance department. This shows that you are not only interested in the role but also in how you can contribute to a supportive and high-performing team environment.
We think you need these skills to ace Banking Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in bank and ledger reconciliation. Emphasise any previous roles in finance, especially within the insurance industry, and showcase your problem-solving skills.
Craft a Compelling Cover Letter: Write a cover letter that reflects your passion for pets and aligns with the company's mission. Mention specific experiences that demonstrate your ability to handle bank reconciliations and work under pressure.
Showcase Communication Skills: In both your CV and cover letter, provide examples of how you've effectively communicated with colleagues or clients, particularly in resolving financial queries or issues related to payments.
Highlight Teamwork and Initiative: Discuss instances where you successfully worked as part of a team or took the initiative to improve processes in a finance environment. This will show that you can thrive in their collaborative culture.
How to prepare for a job interview at Keoghs
✨Know Your Numbers
As a Banking Administrator, you'll be dealing with bank reconciliations and financial data. Brush up on your knowledge of double-entry bookkeeping and be prepared to discuss your experience with high-volume accounts during the interview.
✨Showcase Problem-Solving Skills
The role requires excellent problem-solving abilities. Think of specific examples where you've resolved issues related to bank payments or reconciliations, and be ready to share these during your interview.
✨Communicate Clearly
Strong communication skills are essential for this position. Practice articulating your thoughts clearly and concisely, especially when discussing complex financial topics or past experiences with colleagues from other departments.
✨Demonstrate Team Spirit
This role involves collaboration with various teams. Be prepared to discuss how you've worked effectively in a team setting, supported colleagues, and contributed to achieving collective goals in previous roles.
