At a Glance
- Tasks: Perform daily reconciliations and resolve discrepancies in client transactions.
- Company: Growing London-based FinTech company with a dynamic work culture.
- Benefits: Competitive hourly rate, hybrid working, and valuable experience in finance.
- Other info: Opportunity for career growth and collaboration with diverse teams.
- Why this job: Join a fast-paced environment and enhance your skills in financial operations.
- Qualifications: Experience in financial operations and strong Excel skills required.
The predicted salary is between 30000 - 40000 £ per year.
We're pleased to be recruiting for a Reconciliations Analyst, on a 3-month temporary contract for this growing London-based FinTech company. We are looking for a highly motivated individual with a keen interest in payments or back-office operations within the financial sector.
Key tasks in this varied role include:
- Perform daily operational reconciliations of client deposits, withdrawals, and transfers across multiple banking platforms.
- Investigate and resolve discrepancies in client transaction records.
- Ensure timely and accurate matching of client instructions with bank confirmations.
- Liaise with partner banks to reconcile accounts and ensure alignment with internal records.
- Monitor and report on reconciliation status across all banking partners.
- Support the onboarding of new banking partners.
- Monitor and manage suspense accounts, ensuring unallocated funds are identified and resolved promptly.
- Collaborate with internal teams to trace and allocate unidentified transactions.
- Maintain audit trails and documentation for all suspense account activities.
- Contribute to the enhancement of reconciliation processes and embed new frameworks/processes.
- Support internal and external audits with relevant documentation and analysis.
Skills & Experience
- Proven experience in financial operations, preferably within a fintech or banking environment.
- Strong understanding of reconciliation processes and banking operations.
- Proficiency in Excel and financial systems; experience with reconciliation tools is a plus.
- Excellent communication skills and ability to work collaboratively across teams.
- High level of accuracy, organisation, and problem-solving ability.
Location: London (near Liverpool Street)
Hybrid working: Tuesday-Thursday in the office
Hours: Monday-Friday - Full time
Hourly rate: Competitive
Duration: 3 months
Reconciliations Analyst in Slough employer: EA First
Join a dynamic and innovative FinTech company in the heart of London, where you will be part of a collaborative team dedicated to enhancing financial operations. With a strong focus on employee growth, this organisation offers a supportive work culture that values accuracy and problem-solving, alongside competitive pay and flexible hybrid working arrangements. Experience the excitement of working in a rapidly growing sector while contributing to meaningful projects that shape the future of finance.
StudySmarter Expert Advice🤫
We think this is how you could land Reconciliations Analyst in Slough
✨Tip Number 1
Network like a pro! Reach out to your connections in the fintech space, especially those who work in payments or back-office operations. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on reconciliation processes and banking operations. We recommend practising common interview questions related to financial operations so you can showcase your expertise confidently.
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can keep you fresh in the interviewer’s mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit.
✨Tip Number 4
Apply through our website for the best chance at landing that Reconciliations Analyst role. We’re always on the lookout for motivated individuals like you, and applying directly can give you an edge!
We think you need these skills to ace Reconciliations Analyst in Slough
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in financial operations and reconciliation processes. We want to see how your skills align with the role, so don’t be shy about showcasing your relevant achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to express your keen interest in payments and back-office operations. Let us know why you’re excited about this opportunity and how you can contribute to our team.
Showcase Your Skills:Don’t forget to mention your proficiency in Excel and any experience with reconciliation tools. We love seeing candidates who are tech-savvy and can hit the ground running in our fast-paced environment.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting role. Plus, it makes the process smoother for everyone!
How to prepare for a job interview at EA First
✨Know Your Reconciliation Processes
Make sure you brush up on your understanding of reconciliation processes and banking operations. Be ready to discuss specific methods you've used in previous roles, as this will show your expertise and how you can contribute to the team.
✨Excel Skills Are Key
Since proficiency in Excel is crucial for this role, practice using advanced functions and tools that are relevant to reconciliations. Bring examples of how you've used Excel to solve problems or streamline processes in your past work.
✨Prepare for Problem-Solving Questions
Expect questions that assess your problem-solving abilities, especially regarding discrepancies in transaction records. Think of specific instances where you successfully resolved issues and be ready to explain your thought process.
✨Show Your Collaborative Spirit
This role requires liaising with partner banks and collaborating with internal teams. Prepare examples that demonstrate your communication skills and ability to work well with others, highlighting any successful projects where teamwork was essential.
