At a Glance
- Tasks: Manage daily financial reconciliations and suggest process improvements.
- Company: Join Nationwide, a member-owned mutual challenging the financial sector for fairer banking.
- Benefits: Enjoy hybrid working, generous holidays, a personal pension, and wellness options.
- Why this job: Be part of a dynamic team driving change and making a real impact on customers' lives.
- Qualifications: Experience in financial reconciliations, strong Excel skills, and a problem-solving mindset required.
- Other info: Apply early as the advert may close sooner due to high application volumes.
The predicted salary is between 28800 - 43200 £ per year.
This is an opportunity to join a fast paced, dedicated team who deal with the day to day reconciliations of the Society’s financial transactions. Your responsibilities will include managing the balancing and exception handling for a suite of accounts, as well as challenging the efficiency and effectiveness of processes.
At Nationwide we offer hybrid working wherever possible. More rewarding relationships are supported through our hybrid approach, bringing colleagues together across our UK wide estate, whilst also supporting generous access to home working. We value our time in the office to solve problems, to learn, and to feel connected.
For this job you\’ll spend at least two days per week, or if part time you\’ll spend 40% of your working time, based at either our Swindon or Bournemouth office. If your application is successful, your hiring manager will provide further details on how this works. You can also find out more about our approach to hybrid working here.
If we receive a high volume of relevant applications, we may close the advert earlier than the advertised date, so please apply as soon as you can.
What you’ll be doing
You’ll be responsible for managing your account workload including daily balancing, exception handling and query management. You’ll also be trained to provide cover across your squad.
You’ll be encouraged to suggest process improvements and engage with stakeholders to implement change.
You’ll work closely with the Financial Reconciliations management team to drive us towards becoming more effective and efficient, as we strive towards our ‘Reconciliations of the Future’ vision.
About you
We expect you to have skills in the following:
- Have financial reconciliations experience.
- Have a basic understanding of accounting.
- Have proven problem solving skills.
- Be confident in your decisions, take ownership, have good attention to detail, and be open and approachable.
- Have strong Excel skills.
- Be quick to learn new processes and adaptable to changing priorities.
Our customer first behaviours put customers and members at the heart of how we work together. They are the set of behaviours that every colleague needs to display, in every role:
- Feel what customers feel – We step into our customers’ shoes, using their feedback and insights to empathise with them and to understand their needs, so that every decision we make starts and finishes with our customers in mind
- Say it straight – We are brave in speaking out and saying what we think – we’re honest and direct with good intent, openly sharing diverse perspectives to reach the best conclusions and using language everyone can understand
- Push for better – We don’t settle for mediocrity, we challenge the status quo, taking responsibility for continuous improvement and personal development
- Get it done – We prioritise what will have the greatest impact, we are decisive, and we take accountability for delivering brilliant customer outcomes.
You can strengthen your application by showing how our customer first behaviours resonate with you, and where you may have already demonstrated these.
The extras you’ll get
There are all sorts of employee benefits available at Nationwide, including:
- A personal pension – if you put in 7% of your salary, we’ll top up by a further 16%
- Up to 2 days of paid volunteering a year
- Life assurance worth 8x your salary
- A great selection of additional benefits through our salary sacrifice scheme
- Wellhub – Access to a range of free and paid options for health and wellness.
- Access to an annual performance related bonus
- Access to training to help you develop and progress your career
- 25 days holiday, pro rata
Banking – but fairer, more rewarding, and for the good of society
We forge our own path at Nationwide.
As a mutual, we’re owned by our members – those customers who bank, save or have a mortgage with us. We challenge the financial sector status quo. We don’t see customers as the engine of our own profit. We share our profits with them and put their needs first. Always there when they need us. Supporting them and their lives.
If you’re inspired by fairer finances, passionate about making a meaningful impact, and truly care about our customers, you’re one of us.
At Nationwide, you are challenged to grow and rewarded for doing so. Valued. Recognised. Inspired to be your best. As a community we want our working lives to count. As a team, we celebrate what we achieve. As a standard-setter, we work for the good of customers, communities, and broader society.
We are Purpose-driven. Uncompromisingly Customer. Unstoppably Nationwide.
What to do next
If this role is for you, please click the ‘Apply Now’ button. You’ll need to attach your up-to-date CV and answer a few quick questions for us.
We respond to everyone, so we will be in contact shortly after the closing date to let you know the outcome of your application.
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Reconciliations Financial Administrator employer: Nationwide
Contact Detail:
Nationwide Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reconciliations Financial Administrator
✨Tip Number 1
Familiarise yourself with the specific financial reconciliation processes used at Nationwide. Research their current practices and think about how your experience aligns with their 'Reconciliations of the Future' vision. This will help you demonstrate your understanding of their needs during any discussions.
✨Tip Number 2
Showcase your problem-solving skills by preparing examples from your past experiences where you've successfully handled exceptions or improved processes. Be ready to discuss these in detail, as they are crucial for the role.
✨Tip Number 3
Engage with the company's values and customer-first behaviours. Think of instances where you've put customers first in your previous roles, and be prepared to share these stories to illustrate your alignment with their culture.
✨Tip Number 4
Brush up on your Excel skills, especially functions that are commonly used in financial reconciliations. Being able to demonstrate your proficiency in Excel during interviews can set you apart from other candidates.
We think you need these skills to ace Reconciliations Financial Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your financial reconciliations experience and any relevant skills, such as problem-solving and Excel proficiency. Use specific examples to demonstrate how you've successfully managed accounts or improved processes in previous roles.
Showcase Customer First Behaviours: In your application, emphasise how you embody the customer first behaviours mentioned in the job description. Provide concrete examples of how you've put customers at the heart of your work, whether through empathy, honesty, or a commitment to continuous improvement.
Craft a Strong Cover Letter: Write a compelling cover letter that connects your skills and experiences to the responsibilities of the role. Highlight your adaptability and willingness to learn new processes, as well as your enthusiasm for contributing to the 'Reconciliations of the Future' vision.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for the role of a Reconciliations Financial Administrator.
How to prepare for a job interview at Nationwide
✨Showcase Your Financial Reconciliation Experience
Be prepared to discuss your previous experience with financial reconciliations in detail. Highlight specific examples where you successfully managed account workloads, handled exceptions, and resolved queries. This will demonstrate your capability and confidence in the role.
✨Emphasise Problem-Solving Skills
Since the role requires strong problem-solving abilities, think of instances where you've identified issues and implemented effective solutions. Be ready to explain your thought process and how you approached these challenges, as this aligns with the company's focus on continuous improvement.
✨Demonstrate Customer-First Behaviours
Familiarise yourself with Nationwide's customer-first behaviours and prepare to share examples from your past experiences that reflect these values. Showing that you can empathise with customers and prioritise their needs will resonate well with the interviewers.
✨Prepare for Process Improvement Discussions
The role encourages suggesting process improvements, so come equipped with ideas or examples of how you've previously improved efficiency in a similar setting. This shows your proactive attitude and willingness to contribute to the team's goals.