Reconciliation Administrator in London

12 Month FTC

Indra is a leading global technology and consulting company, and a trusted technological partner for the core business operations of its clients worldwide. It stands at the forefront of key sectors including Transport, Defence, Air Traffic Management and Space, alongside advanced Information Technology services delivered through Minsait, and cutting-edge capabilities in Sovereign AI, Cybersecurity, and Cyberdefence via IndraMind.

The company’s business model is built around a comprehensive portfolio of proprietary products, combining strong innovation with a high-value focus for customers. With more than 2,500 projects implemented across 50 countries and over 100 cities, Indra is a global benchmark in innovative transportation and mobility solutions. It is recognised as one of the world’s top three companies in public transportation management systems.

Indra’s technology supports the daily journeys of over 78 million people, helping to reduce more than 10 million tonnes of CO₂ emissions annually, and helping save nearly 3,000 lives through improved traffic management and road safety. Indra Group is paving the way to a more secure and better-connected future through innovative solutions, trusted relationships and the very best talent. Sustainability sits at the heart of its strategy and culture, driving efforts to address current and future social and environmental challenges.

In the 2024 financial year, Indra achieved revenues of €5.5 billion, over 60,000 professionals, maintained a local presence in 46 countries, and operated across more than 140 countries worldwide.

As the technological partner for its customers’ key operations, Indra is at the core of their business, and Indra’s four values guide everything we do:

• Innovation - Our capacity for innovation, cutting-edge solutions, and specialised team of professionals enables us to drive a safer, more connected future through technology.
• Trust - We work with strength, commitment, and reliability, delivering quality solutions to build trust with customers, employees, partners, investors, and society.
• Connection - We harness the power of collaboration, connect ideas and solutions, and adapt to our customers’ needs, supporting them on the path to a better future.
• Foresight - We anticipate future needs to make the world safer and more connected, transforming our experience and knowledge into solutions for a better tomorrow.

About the Project

Transport for London (TfL) has awarded Indra a long-term contract to operate, develop, enhance and expand ticketing and access control systems across London’s transport network through to 2034, with extension options to 2039. This programme covers the maintenance, operation and evolution of a large-scale, complex ecosystem, including turnstiles, validators, ticket machines, sales terminals, back-office systems, payment gateways, IT infrastructure and cybersecurity that supports over 8.6 million daily journeys.

Therefore, Indra will become TfL’s strategic technology partner to guarantee the operation and evolution of the world’s largest and most sophisticated ticketing system. Following a transition period of approximately two years, Indra will serve as the sole provider across the network that includes more than 8,500 buses, nearly 400 Underground stations, around 300 rail stations (Overground, DLR, Elizabeth Line and suburban services), 4,000 Oyster Card outlets, seven customer service centres, and 24 river boat boarding points.

Drawing on over 30 years of experience in urban public transport solutions, Indra will manage and evolve all aspects of the system. The project also envisages, in partnership with TfL, the implementation of new technologies to develop the system, make it more efficient and automate key processes; in short, to jointly create the next generation of the ticketing system for London.

Key Responsibilities

As we continue to support the delivery of critical transport and ticketing services, we are seeking a Financial Accountant to join our Finance team. This role is responsible for providing financial and commercial support across multiple contracts and business areas, ensuring the accurate delivery of financial reporting, reconciliations, invoicing, debt management, and financial controls.

Working closely with operational, commercial, and finance stakeholders, the Financial Accountant plays a key role in supporting business performance through robust financial management, timely reporting, and continuous process improvement.

Key Duties Include:

• Prepare and review weekly, monthly, quarterly, and annual financial reports across services and project activities.
• Perform daily, weekly, and monthly reconciliations of bank accounts, accounting ledgers, and financial records.
• Maintain and reconcile general ledger accounts, ensuring the accuracy and integrity of financial information.
• Produce regular financial reports, including cashbooks, sales reporting, management information, and period-end reporting.
• Manage accounts receivable and credit control activities, ensuring timely collection of outstanding debts and effective debt recovery processes.
• Process incoming funds, reconcile invoices, and resolve customer and supplier account queries.
• Conduct credit checks and financial assessments on prospective customers and suppliers.
• Support the management and oversight of online banking activities and financial transactions.
• Monitor finance-related communications and ensure requests are addressed in a timely and professional manner.
• Support financial management activities, including budgeting, forecasting, variance analysis, and financial performance reporting.
• Provide data, analysis, and commentary to support financial controls, business planning, and operational decision-making.
• Identify opportunities to improve financial processes, controls, and reporting across the business.
• Support project coordination and business support activities as required.
• Assist in identifying financial, operational, and commercial risks and support the development of mitigation actions.
• Provide cover for the Financial Services Manager and other team members when required.
• Ensure compliance with financial controls, company policies, regulatory requirements, and internal procedures.
• Support wider business initiatives and undertake additional duties as reasonably required.

Requirements

Essential Requirements

• Part-qualified accountant (ACCA, CIMA, or equivalent).
• Experience in financial accounting, reconciliations, credit control, and financial reporting.
• Experience using recognised accounting software packages.
• Strong experience preparing and analysing financial reports and reconciliations.
• Experience supporting budgeting, forecasting, and financial control activities.
• Experience managing invoicing, debt collection, and customer account queries.

Desirable Requirements

• Knowledge of transport, ticketing, or public transport services.
• Experience supporting multiple contracts or business units.
• Experience working within a customer-focused or service delivery environment.

Skills and Personal Attributes

• Advanced Microsoft Excel skills, including Pivot Tables, VLOOKUPs/XLOOKUPs, SUMIFS, and financial data analysis.
• Strong numerical, analytical, and problem-solving skills.
• Excellent attention to detail and commitment to accuracy.
• Strong organisational and time management skills with the ability to manage multiple priorities.
• Excellent written and verbal communication skills.
• Strong interpersonal skills with the ability to build effective relationships across the business.
• Professional and confident approach when dealing with customers, suppliers, and stakeholders.
• Ability to work independently and collaboratively within a team environment.
• Naturally curious and analytical, with a desire to understand the detail while maintaining a broader commercial perspective.
• Ability to remain calm under pressure and consistently meet deadlines.
• Committed to continuous learning, improvement, and professional development.

Benefits

• Holidays: 25 days per annum + 8 days bank holidays (options to buy/sell days)
• Pension – 4% employee and 4% employer
• Private medical insurance (including dental & optical)
• Life assurance
• Income protection
• Employee assistance programs
• Flexible/remote working options
• Charitable initiatives
• Social events (formal & informal)
• Learning and development programs
• Innovative & collaborative work environment

Indra is an equal employment opportunity employer. Applicants are considered without regard to race, colour, religion, sex, sexual orientation, gender identity, origin, disability or other characteristics protected by law.