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- Tasks: Join our team as a Group Remuneration Assistant, handling commission statements and bank reconciliations.
- Company: We're a thriving financial planning firm with over 700 staff and £11 billion in assets.
- Benefits: Enjoy a competitive salary, 25 days holiday, pension, life assurance, and flexible working options.
- Why this job: Be part of a friendly team, gain valuable experience, and contribute to meaningful financial advice.
- Qualifications: Strong background in accounting or finance, excellent communication skills, and proficiency in Excel required.
- Other info: Office-based role in Newcastle with potential for remote work after probation.
The predicted salary is between 20000 - 28000 £ per year.
Our client is a growing nationwide financial planning and wealth advisory business which operates from over 50 offices across the UK, employing more than 700 staff. Turning over £60 million, PE-backed and with £11 billion of assets under management, it provides impartial, specialist “whole market” advice for individuals, corporates and trustees on pensions, retirement planning, inheritance tax planning, investments and group risk and business protection matters, often working closely with other professional advisers such as accountants and lawyers.
We are currently looking to recruit a full-time Group Remuneration Assistant to join a friendly team in Newcastle. You will report to the Group Transactional Manager supporting the transactional team in reconciling revenue and related activities.
Your specific responsibilities as Group Remuneration Assistant will include:
- Processing commission statements and reconciling bank accounts for business-as-usual income from the company CRM system, maintaining all necessary spreadsheets
- Liaising with the UK offices to obtain statements
- Logging into product provider portals to download statements
- Contacting providers via email/chat to obtain statements
- Typing up statements from postal reports to upload to the CRM
- Contacting providers to resolve queries via telephone and email
- Review unallocated transactions daily and ensuring these are being actioned, liaising with transactional manager if any issues arise
- Reviewing data for inconsistencies
- Complete month end reporting and analysis for the Group Transactional Manager
- Carrying out any other ad hoc duties or projects as required
As Group Remuneration Assistant you will need:
- Strong experience gained in a relevant Accounting, Accounts Receivable or Accounts Payable role, including hands-on familiarity with reconciliation processes, in a fast-paced, service-driven environment
- Financial services industry experience beneficial
- A cooperative approach with experience working as part of a team
- Analytical with great attention to detail
- Outstanding communication skills
- High standard and knowledge of Excel, MS Office as well as other office systems like CRM
- Excellent organisational and multi-tasking abilities
- Accountancy study or qualification beneficial
- A motivated reliable approach – friendly and professional at all times
- Flexibility and adaptable to change
Rewards and benefits:
- Basic salary £25,000 to £28,000 based on experience and qualifications
- To maximise pay/rewards, you must possess all outlined experience, skills, knowledge and qualifications
- 25 days holiday (rising with length of service) plus bank holidays and birthday day off
- Pension, Life Assurance
- Full time, Monday to Friday 9am to 5pm
- Office based role (Northern outskirts of Newcastle) with flexibility to work from home when appropriate after probationary period
- Free parking
Please note: High levels of interest mean we will only contact you if your application is shortlisted and this will happen within five working days. You must also be eligible to work in the UK.
Group Remuneration Assistant employer: Catalyst
Contact Detail:
Catalyst Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Remuneration Assistant
✨Tip Number 1
Familiarise yourself with the financial services industry, especially in areas related to remuneration and reconciliation processes. Understanding the specific terminology and practices used in this sector will help you stand out during interviews.
✨Tip Number 2
Network with professionals already working in similar roles or within the company. Engaging with current employees on platforms like LinkedIn can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your Excel skills, particularly functions related to data analysis and reconciliation. Being able to demonstrate your proficiency in Excel during discussions can significantly enhance your candidacy.
✨Tip Number 4
Prepare to discuss your experience in handling queries and resolving issues, as this role requires strong communication skills. Think of specific examples where you've successfully navigated challenges in a team setting.
We think you need these skills to ace Group Remuneration Assistant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in accounting, accounts receivable, or accounts payable roles. Emphasise your familiarity with reconciliation processes and any financial services industry experience.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the Group Remuneration Assistant position. Mention specific skills such as attention to detail, communication abilities, and your cooperative approach to teamwork.
Highlight Technical Skills: Clearly outline your proficiency in Excel, MS Office, and CRM systems. Provide examples of how you've used these tools in previous roles to support your application.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at Catalyst
✨Showcase Your Analytical Skills
As a Group Remuneration Assistant, you'll need to demonstrate strong analytical abilities. Be prepared to discuss specific examples from your past roles where you've successfully reconciled accounts or resolved discrepancies. Highlight your attention to detail and how it has positively impacted your previous work.
✨Familiarise Yourself with Financial Services
Since the role is within the financial services industry, it's beneficial to have a good understanding of this sector. Research common practices, terminology, and current trends in financial planning and wealth advisory. This knowledge will help you engage more effectively during the interview.
✨Prepare for Teamwork Questions
The job requires a cooperative approach and experience working as part of a team. Think of examples that showcase your ability to collaborate with others, especially in a fast-paced environment. Be ready to explain how you handle conflicts or differing opinions within a team setting.
✨Demonstrate Your Excel Proficiency
Given the importance of Excel and other office systems in this role, be prepared to discuss your experience with these tools. If possible, mention specific functions or features you are comfortable using, such as pivot tables or VLOOKUP, and how they have helped you in your previous positions.
