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- Tasks: Join the IBA Team to manage accounts and ensure timely settlements.
- Company: Dynamic finance company located in the heart of London.
- Benefits: Full-time role with competitive salary and opportunities for growth.
- Why this job: Make a real impact in finance while developing your skills in a supportive environment.
- Qualifications: Strong communication skills and attention to detail required.
- Other info: Collaborative team culture with potential for career advancement.
The predicted salary is between 28800 - 48000 £ per year.
The role of the IBA Accounts Technician will be to work alongside the current IBA Team to achieve the timely and accurate collection, processing and onward payment of settlements to all Trading Partners as well as support the Global Head of IBA and Global COO with any ad-hoc projects.
Carry out day to day operations within your own area of responsibility as allocated by the Global Head of IBA; primarily responsible for collection allocation and monitoring of aged debt, funding, unallocated cash, however the role will be called upon to assist with project work as a member of a team.
To provide accurate and timely management reports as requested to the Management Team on a regular and ad-hoc basis.
Key Result Areas:- To ensure the preparation and reconciliation of IBA accounts is conducted on a timely and accurate basis as per the agreed Service Level Agreement “SLA“.
- To work closely with the IBA Team to perform credit control procedures as per the agreed SLA.
- To ensure all outstanding accounts are chased appropriately and timely according to agreed SLA.
- To ensure receipt of funds are reconciled within agreed timeframes.
- To ensure disbursements are reconciled within agreed timeframes.
- To check and agree daily IBA reports generated from Open Twins to ensure that unmatched cash, funding and held funds are identified and worked on.
- To work closely with the IBA Team in UK and North America and ensure good communication links.
- To escalate issues to Global Head of IBA where necessary for resolution or direction in line with set policies and procedures.
- To ensure operating to maximum efficiency and professionalism, to enable the best service to be provided to Trading Partners and the Company as required.
- To provide assistance in other areas of the Company’s business as may be required by Global Head of IBA and or Group COO.
- Be responsible for the collecting of premiums and claims to ensure that uncollected brokerage and or outstanding debt is in line with agreed company procedures.
- Assist with the IBA Team to clear any unmatched cash as per agreed company procedures.
- Prevent funding from occurring, but where inevitable, assist the IBA team to clear funded balances as per agreed company procedures.
- Settle any balances due, as and when required, within settlement dates and within agreed SLA.
- Render any required statements as agreed with Trading Partner on within agreed timeframe as per agreed company procedure.
- To assist IBA Team and Account Handlers with outstanding finance queries.
- To raise any queries with the relevant Account Handler in a timely manner.
- To provide support to the IBA Team as and when required.
- Perform a review of your IBA credit control accounts with the required Management Team on an agreed timely basis.
- To be able to assist with training of other users in the London Office.
- Strong communication, both written and verbal with close attention to detail.
- Be able to demonstrate drive and self-motivation to achieve results with a general willingness to be flexible in work habits and assigned tasks.
- Supports and encourages change and adapts positively to changing priorities and work demands.
- Able to work under pressure during stressful conditions.
- Ability to learn and share knowledge.
- Ability to identify, recognize and escalate critical issues for resolution.
- Excellent Computer Skills to include working knowledge of Microsoft Office (Word, Outlook, Excel).
- Previous experience of using OpenTwins Broking Systems (preferable but not essential).
- Be able to deliver information with integrity.
- Global Head of IBA
- Global COO
- Regional COO
- Internal Operations
- Claims Team
- Account Handlers
- Finance
- Compliance
IBA Accounts Technician employer: Acrisure, LLC
Contact Detail:
Acrisure, LLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IBA Accounts Technician
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and role thoroughly. Understand their values and how your skills align with what they need. This will help you stand out and show that you're genuinely interested.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources to get comfortable with common questions. The more you practice, the more confident you'll feel when it’s your turn in the hot seat.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace IBA Accounts Technician
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the IBA Accounts Technician role. Highlight relevant experience and skills that match the job description, like your attention to detail and communication skills. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role and how your previous experiences align with our needs. Keep it concise but impactful – we love a good story!
Showcase Your Skills: Don’t forget to showcase your computer skills, especially if you have experience with Microsoft Office or OpenTwins. Mention any specific projects where you’ve demonstrated your ability to handle financial data accurately and efficiently.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at Acrisure, LLC
✨Know Your Numbers
As an IBA Accounts Technician, you'll be dealing with a lot of figures. Brush up on your financial knowledge and be ready to discuss how you handle accounts, reconciliations, and debt collection. Prepare examples from your past experiences that showcase your attention to detail and accuracy.
✨Communication is Key
Strong communication skills are essential for this role. Think about times when you've had to explain complex information clearly or resolve issues with colleagues. Be prepared to demonstrate your ability to communicate effectively, both verbally and in writing, during the interview.
✨Show Your Team Spirit
This position requires collaboration with the IBA Team and other departments. Highlight your experience working in teams and how you contribute to achieving common goals. Share specific examples of how you've supported team members or led projects successfully.
✨Be Ready for Problem-Solving
The role involves identifying and escalating critical issues. Prepare to discuss situations where you've faced challenges and how you approached problem-solving. Show that you're proactive and can think on your feet, especially under pressure.
