Bank Reconciliations Manager

Location: Bexhill/Hybrid

Please note: This role is being offered on a fixed term contract for approximately 15 months.

Welcome to Hastings Direct. We’re a digital insurance provider with ambitious plans to become The Best and Biggest in the UK market. We’ve made huge investments in our data and tech capabilities over the past few years, along with nurturing our 4Cs culture. We’re proud of the journey we’re on as a company and know that our continued success will rely on the contribution of our talented colleagues. We provide insurance for over four million customers, but we know there’s even bigger opportunity out there.

Role overview: As our Bank Reconciliations Manager, you’ll ensure that all funds received and paid to and from Hastings Group bank accounts are correctly allocated and reconciled. You’ll manage a small team, ensuring processes are followed and that SLA’s are met, investigating any differences, liaising with other business areas to identify and fix defects, and report to management on any outstanding issues.

Job details – you’ll need to have demonstrable experience in:

• Leading teams through end-to-end implementation and changes of new bank reconciliation software projects involving liaising with system teams, consultants and new software providers, plus running user acceptance testing within the team, ensuring a smooth transition.
• Managing the bank reconciliation team, leading the team in embedding the new software into BAU operations and leading, coaching and developing team members to unlock their full potential.
• Investigating bank reconciliation differences caused by system defects and raise user stories for new defects discovered and working closely with other departments to determine the causes of any issues/errors, acting as a referral point for the business to help resolve these issues.
• Ensuring all reconciliation differences are resolved and liaising with other teams to ensure cashbook journals are prepared and actioned to clear outstanding items.
• Producing and presenting monthly control reports to ensure management are aware of any outstanding items and issues.
• Actioning various day to day tasks to support our wider Finance team and any other accounting related duties relevant to bank reconciliations.

Essential skills/experience:

• Strong previous experience of bank reconciliations, involving large volumes of transactions, ideally within insurance, financial services or other regulated environment.
• Sound knowledge of Microsoft packages including MS Excel.
• Experience of managing a team during periods of change.
• Good experience of being able to lead and drive projects forward, with the ability to work to strict deadlines and able to prioritise workload.

The interview process involves the below:

• Recruiter screening call.
• 1st stage interview with our Financial Accounts Manager.
• 2nd interview with one of our Senior Finance Leaders.

As a Disability Confident employer, we’re committed to ensuring our recruitment processes are fully inclusive. We also welcome applications through the Disability Confident Scheme (DCS).

Regrettably we are unable to offer sponsorship for this role.

Benefits: in addition to a competitive salary and £5k car allowance you will also receive:

• Flexible working – we champion a flexible hybrid working approach.
• Competitive bonus scheme - all colleagues are eligible for our annual 4Cs performance bonus.
• Physical wellbeing – Hastings pay for you to receive private medical Insurance (PMI).
• Financial wellbeing – providing you with 4x your salary with our life assurance cover, income protection at no extra cost, and matched pension contributions up to 10%.
• Mental wellbeing programme – we have the thrive mental health app, our colleague assistance programme available 24/7, and support groups.
• 27 days annual leave + bank holidays, with the option to buy or sell one of your weeks.
• Access to our health care cash back plans, dental plans, discounted health assessments, Cycle to work and tech schemes, discounted and free onsite facilities, social events throughout the year and much more.

Join us and you’ll find a different way of doing things. We call it the 4Cs. We focus on getting it right for our colleagues, customers, company and community. Hastings Group is an equal opportunities employer which means we treat people fairly. We welcome applications from all suitably skilled persons regardless of their gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status.

Please also note that we have a thorough referencing process, which includes credit and criminal record checks. At Hastings Direct, we’re committed to creating an inclusive environment where everyone has the opportunity to succeed. If you require any reasonable adjustments during the recruitment process, we encourage you to be open with us.